Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2017

Summary of Significant Accounting Policies [Abstract]

Summary of estimated amortization expense of intangible assets

For the year ending December 31,:
2018	$	589,264
2019		144,064
2020		144,064
2021		144,064
2022		139,741
Thereafter		1,867,050
	$	3,028,247

Summary of financial assets and liabilities measured at fair value on recurring basis

	March 31, 2017		Quoted prices in active market for identical assets (Level l)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Short-term investment	$	30,021	$	-	$	30,021	$	-
Conversion Option Liabilities	$	288,134	$	-	$	-	$	288,134

	December 31, 2016		Quoted prices in active market for identical assets (Level l)		Significant other observable inputs  (Level 2)		Significant unobservable inputs  (Level 3)
Short-term investment	$	30,017	$	-	$	30,017	$	-
Conversion Option Liabilities	$	384,461	$	-	$	-	$	384,461

Summary of changes in fair value of Company's Level 3 financial liabilities measured on recurring basis

	For the Three Months Ended March 31, 2017
Beginning balance	$	384,461
Aggregate fair value of conversion option liabilities and warrants issued		-
Change in fair value related to increase in warrants issued for anti-dilutive adjustment		-
Change in fair value of conversion option liabilities and warrants		(96,327	)
Ending balance	$	288,134