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Convertible Note Payable (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Convertible Note Payable

Convertible notes payable consists of the following:

 

    December 31, 2017     December 31, 2016  
Total convertible notes payable     214,764       637,059  
Less discounts     (42,534 )     (101,595 )
Convertible notes, net of discount   $ 172,230     $ 535,464  

Schedule of Derivative Liabilities

The following table presents details of the changes in the Company’s derivative liabilities associated with its convertible notes for the year ended December 31, 2017:

 

    Amount  
Balance December 31, 2015   $ 551,646  
Debt discount originated from derivative liabilities     501,750  
Initial loss recorded     1,563,080  
Adjustment to derivative liability due to debt conversion     (1,573,237 )
Change in fair market value of derivative liabilities     (185,444 )

 

Balance December 31, 2016   $ 857,795  
Debt discount originated from derivative liabilities     129,489  
Reclassification of derivative liability to paid-in capital due to debt conversion     (1,271,691 )
Change in fair market value of derivative liabilities     850,753  
Adjustment to derivative liability due to debt settlement     (247,305 )
Balance December 31, 2017   $ 319,041  

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 December 31, 2017:

 

Fair value assumptions – derivative notes:   December 31, 2017  
Risk free interest rate     0.40-1.28 %
Expected term (years)     0.01-0.159  
Expected volatility     289-377 %
Expected dividends     0 %