NOTE 6 - NOTE PAYABLE, CONVERTIBLE OID - RELATED PARTY (Details Narrative) (USD $)
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1 Months Ended | |||
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Aug. 30, 2012
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Jun. 30, 2012
Interger
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Sep. 30, 2014
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Dec. 31, 2013
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Note 6 - Note Payable Convertible Oid - Related Party | ||||
Principle amount of loan | $ 66,000 | $ 66,000 | ||
Convertible note related parties | 60,000 | |||
Original note discount | 6,000 | |||
Shares amount for convertible note | 3,959,921 | |||
Conversion price, common stock | $ 0.0617 | |||
Term for Warrants | 5 | |||
Exercise price of warrants | $ 0.033 | |||
Fair value of warrants | $ 31,429 | |||
Expected dividend yields | 0.00% | |||
Expected volatility | 462.61% | |||
Risk free interest rate | 0.102% |
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Details
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- Definition
No authoritative reference available. No definition available.
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X | ||||||||||
- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Agreed upon price for the exchange of the underlying asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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