Contingencies (Tables)

9 Months Ended

Sep. 30, 2016

Loss Contingency [Abstract]

Schedule of fair value of the conversion feature at the commitment date

The` Company computed the fair value of the conversion feature at the commitment date, based on the following management assumptions:

Expected dividends	0	%
Expected volatility	374	%
Expected term: conversion feature	183 days
Risk free interest rate	-0.079	%

Schedule of value of the derivative liability

At June 30, 2014, we remeasured the value of the derivative liability, according to the following assumptions:

Expected dividends	0	%
Expected volatility	373	%
Expected term: conversion feature	169 days
Risk free interest rate	-0.070	%