XML 44 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Loans Payable (Details Narrative)
9 Months Ended
Sep. 30, 2017
USD ($)
shares
Second Loan agreement [Member]  
Borrowed amount | $ $ 9,262
Interest rate per annum 18.00%
Description for the payment of interest

payable at a rate of 9% on the semi-annual anniversary and 9% on the repayment date of August 15, 2018.

Loan agreement [Member]  
Borrowed amount | $ $ 10,000
Interest rate per annum 12.00%
Description for the payment of interest

payable at a rate of 6% on the semi-annual anniversary and 6% on the repayment date of August 11, 2018.

Term Sheet [Member]  
Credit facility, amount receivable upon first tranche | $ $ 220,000
Commons stock shares issuable upon settlement of debt | shares 1,000,000
Shares issuable upon full and final advance of credit facility amount | shares 1,000,000
Warrants issuable upon full and final advance of credit facility amount | shares 2,000,000
First tranche [Member}  
Description of conditions to waive monthly fee The lender can choose to waive payment of the monthly fee in exchange for conversion of the amount into shares of the Company's common stock at a price of $0.035 per share
Description for conversion price Should the price of the Company's stock increase beyond $0.05 per share, the conversion price will be struck at a 30% discount to the closing price of the volume weighted average price on the OTC market of the previous five trading days
Description for the extension of credit facility amount Pursuant to the Term Sheet, the term of the advances made will be for a minimum of two years and the Company shall have the right to increase the credit facility to $1,000,000 provided the minimum term extends to three years