Convertible Note Payable (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of Convertible Note Payable

Convertible notes payable consist of the following as of March 31, 2017 and December 31, 2016:

	2017			2016
Total convertible notes payable		463,696			657,059
Less discounts		(16,883	)		(101,595	)
Convertible notes net of discount	$	446,813		$	555,464

Schedule of Derivative Liabilities

The following table presents details of the Company’s derivative liabilities associated with its convertible notes as of March 31, 2017 and December 31, 2016:

	Amount
Balance December 31, 2016	$	870,921
Debt discount originated from derivative liabilities		-
Initial loss recorded		-
Adjustment to derivative liability due to debt conversion		(705,244	)
Change in fair market value of derivative liabilities		4,923,923
Balance March 31, 2017	$	4,811,248

Schedule of Fair Value Assumption of Derivative Notes

The Black-Scholes model utilized the following inputs to value the derivative liability at the date of issuance of the convertible note and at March 31, 2017:

Fair value assumptions – derivative notes:	March 31, 2017
Risk free interest rate		0.48-0.74	%
Expected term (years)		0.01-0.49
Expected volatility		276-351	%
Expected dividends		0	%