NOTE 16 – DERIVATIVE FINANCIAL INSTRUMENTS (Narrative) (Details) - USD ($) |
1 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Apr. 30, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Apr. 02, 2016 |
Sep. 30, 2015 |
|
Warrant issued | 2,500,000 | 4,659,893 | 14,963 | 200,000 | |
Warrant exercise price | $ 0.35 | $ 0.001 | $ 0.001 | $ 0.40 | |
Warrant term | 3 years | ||||
Value of warrants | $ 390,799 | ||||
Gain (Loss) on derivative | $ (264,099) | ||||
Derivative Financial Instruments [Member] | |||||
Warrant issued | 4,357,893 | ||||
Warrant exercise price | $ 0.15 | ||||
Warrant term | 5 years | ||||
Debt financing on Warrant | $ 605,263 | ||||
Value of warrants | 746,980 | ||||
Original issue discount | 529,000 | ||||
Gain (Loss) on derivative | 217,980 | ||||
Recognized a loss from the change in derivative liability | $ 46,119 |
X | ||||||||||
- Definition Debt financing on warrant. No definition available.
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X | ||||||||||
- Definition Recognized a loss from the change in derivative liability. No definition available.
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X | ||||||||||
- Definition Term of the warrant, in years. No definition available.
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X | ||||||||||
- 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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X | ||||||||||
- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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