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Convertible Note Payable (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Convertible Notes Payable

Convertible notes payable consists of the following as of September 30, 2018 and December 31, 2017:

 

    2018     2017  
Total convertible notes payable     45,000       214,764  
Less discounts     -       (42,534 )
Convertible notes net of discount   $ 45,000     $ 172,230  

Schedule of Derivative Liabilities

The following table presents details of the Company’s derivative liabilities associated with its convertible notes as of September 30, 2018 and December 31, 2017:

 

    Amount  
Balance December 31, 2017   $ 319,041  
Adjustment to derivative liability due to debt conversion     (142,973 )
Change in fair market value of derivative liabilities     (119,370 )
Balance September 30, 2018   $ 56,698  

Schedule of Fair Value Assumptions 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 September 30, 2018:

 

Fair value assumptions – derivative notes:   September 30, 2018  
Risk free interest rate     1.27-1.63 %
Expected term (years)     0.01 - 0.01  
Expected volatility     554 %
Expected dividends     0 %