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DERIVATIVE INSTRUMENT (Tables)
9 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Liability

 

Beginning balance, January 1, 2018
 
$
-
 
 Additional issuance 
   
53,000
 
 Exercised/converted 
   
-
 
Reclassification to equity
   
-
 
Change in value of derivative liability
   
79,870
 
 
       
Fair value, September 30, 2018 
 
$
132,870
 

Black-Scholes derivative liability
 Expected life
 
9 months
 
Stock price volatility 
  
220
%
 Annual risk-free interest rate
  
1.5
%
Expected dividends
 
None
 
Fair Value

 

Description
Fair Value Measurements at September 30, 2018 Using Fair Value Hierarchy
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Derivative liability
 
$
96,000
  
$
-
  
$
-
  
$
96,000
 
Total
 
$
96,0000
  
$
-
  
$
-
  
$
96,000