Derivative Liablility (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Liablility Tables

Schedule of assumption used in Black Scholes

The following assumptions were used in the Black-Scholes valuation model:

	Year ended December 31, 2017
Calculated stock price		$0.03 to $0.08
Risk free interest rate		0.64% to 2.13%
Expected life of convertible notes		3 to 12 months
expected volatility of underlying stock		134.9% to 534.8%
Expected dividend rate		0	%

Schedule of derivative liability

The movement in derivative liability is as follows:

	Year ended December 31, 2017
Opening balance	$	—
Derivative liability arising from convertible notes	$	1,826,500
Fair value adjustment to derivative liability		1,033,332
	$	2,859,832