Derivative Liablility (Tables)

6 Months Ended

Jun. 30, 2018

Derivative Liablility Tables

Schedule of assumption used in Black Scholes

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

	Six months ended  June 30, 2018
Calculated stock price		$0.024 to $0.10
Risk free interest rate		1.6% to 2.73%
Expected life of convertible notes		1 month to 5 years
expected volatility of underlying stock		15.4% to 495.3%
Expected dividend rate		0	%

Schedule of derivative liability

The movement in derivative liability is as follows:

	Six months ended June 30, 2018	Year ended December 31, 2017
Opening balance	$      2,859,832	$                     -
Derivative liability arising from convertible notes	$      1,085,837	$        1,826,500
Fair value adjustment to derivative liability	808,951	1,033,332
Closing balance	$      4,754,620	$        2,859,832