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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of estimated lives of property and equipment

Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives as follows:

 

Furniture 7 years
Computers and equipment 3 years
POSA machines 3 years
Schedule of Fair Value Measurements

At September 30, 2017, the Company identified the following liabilities that are required to be presented on the balance sheet at fair value:

 

    Fair Value     Fair Value Measurements at  
    As of     September 30, 2017  
Description   September 30, 2017     Using Fair Value Hierarchy  
          Level 1     Level 2     Level 3  
Derivative liability   $ 2,167,990     $     $ 2,167,990     $  
                                 
Total   $ 2,167,990     $     $ 2,167,990     $  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive.

 

    September 30,     September 30,  
    2017     2016  
Series B preferred stock     3,000       3,000  
Series C preferred stock     770       770  
Series D preferred stock     66,000,000       66,000,000  
Warrants     22,093,750        
Convertible notes     12,158,358       6,156,757  
Total     100,255,878       72,160,527