NOTE 2 - GOING CONCERN (Narrative) (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
Dec. 31, 2015 |
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Net loss | $ 591,074 | $ 209,324 | $ 2,092,558 | $ 3,014,069 | |
Net cash used in operations | 1,518,348 | $ 2,003,239 | |||
Working capital deficit | 3,901,399 | 3,901,399 | |||
Stockholders' Deficit | 4,915,212 | 4,915,212 | $ 3,758,723 | ||
Accumulated deficit | 23,043,734 | 23,043,734 | $ 20,951,176 | ||
Direct payments from lender | 837,891 | ||||
Long-term debt financing | $ 1,800,000 | $ 1,800,000 | |||
Preferred stock shares authorized | 10,000,000 | 10,000,000 | 10,000,000 | ||
Preferred stock shares par value | $ 0.001 | $ 0.001 | $ 0.001 | ||
Series A Preferred Stock [Member] | |||||
Preferred stock shares authorized | 500,000 | 500,000 | |||
Preferred stock shares par value | $ 10 | $ 10 | |||
Percentage of accrued dividend | 8.00% | ||||
Conversion of stock price per share of common stock | $ 0.18 | $ 0.18 | |||
Redemption period of dividends | 3 years |
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- Definition Redemption period of dividends. No definition available.
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- Definition Working capital deficit. No definition available.
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The percentage rate used to calculate dividend payments on preferred stock. No definition available.
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- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from additional borrowings, net of cash paid to third parties in connection with debt origination. No definition available.
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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