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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
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, 2018 and December 31, 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, 2018  
Description   September 30, 2018     Using Fair Value Hierarchy  
          Level 1     Level 2     Level 3  
Conversion feature on convertible notes   $ 2,778,052     $     $ 2,778,052     $  
                                 
Total   $ 2,778,052     $     $ 2,778,052     $  

 

    Fair Value     Fair Value Measurements at  
    As of     December 31, 2017  
Description   December 31, 2017     Using Fair Value Hierarchy  
          Level 1     Level 2     Level 3  
Conversion feature on convertible notes   $ 95,164     $     $ 95,164     $  
                                 
Total   $ 95,164     $     $ 95,164     $  
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,  
    2018     2017  
Series B preferred stock     3,000       3,000  
Series C preferred stock     770       770  
Series D preferred stock           66,000,000  
Warrants     28,410,416       22,093,750  
Convertible notes     4,316,607       12,158,358  
Total     32,730,793       100,255,878