INVESTMENTS - RELATED PARTIES (Tables)

3 Months Ended

Mar. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule of investments

Investments in AVLP and Alzamend at March 31, 2019 and December 31, 2018, are comprised of the following:

	March 31,			December 31,
	2019			2018
Investment in convertible promissory note of AVLP	$	7,732,660		$	6,943,997
Accrued interest in convertible promissory note of AVLP		1,214,509			1,004,317
Total investment in convertible promissory note of AVLP – Gross		8,947,169			7,948,314
Less: original issue discount		(1,974,791	)		(2,336,693	)
Total investment in convertible promissory note of AVLP	$	6,972,378		$	5,611,621
Investment in derivative instruments of AVLP		1,751,868			2,230,641
Investment in common stock of AVLP		633,214			812,858
Investment in common stock of Alzamend		176,250			—
Investment in derivative instruments and common stock of AVLP and Alzamend	$	2,561,332		$	3,043,499
Total investment in AVLP and Alzamend – Net	$	9,533,710		$	8,655,120

Schedule of summarizes the changes in our investments

The following table summarizes the changes in our investments in AVLP and Alzamend during the three months ended March 31, 2019:

	Investment in
	warrants and			Investment in		Total
	common stock			convertible		investment
	of AVLP and			promissory		in AVLP and
	Alzamend			note of AVLP		Alzamend – Net
Balance at January 1, 2019	$	3,043,499		$	5,611,621	$	8,655,120
Investment in convertible promissory notes of AVLP		—			530,756		530,756
Investment in common stock of AVLP and Alzamend		135,790			—		135,790
Fair value of derivative instruments issued by AVLP		257,907			—		257,907
Unrealized loss in derivative instruments of AVLP		(736,680	)		—		(736,680	)
Unrealized loss in common stock of AVLP and Alzamend		(139,184	)		—		(139,184	)
Accretion of discount		—			619,809		619,809
Accrued Interest		—			210,192		210,192
Balance at March 31, 2019	$	2,561,332		$	6,972,378	$	9,533,710