CONVERTIBLE DEBT-Narrative (Details) - Jun. 30, 2015 - USD ($) |
Total |
Total |
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Convertible debt Narrative details | ||
During first quarter Company sold to the lender for aggregate Consideration of two convertible notes with interest rate 11% | $ 362,500 | $ 705,000 |
During first quarter Company sold to the lender Warrants to purchase shares of Common stock | 362,500 | 705,000 |
Exercise price of warrants for 5 years | $ 0.10 | $ 0.10 |
The Convertible Notes accrue interest at the rate per annum | 11.00% | 11.00% |
Any time prior to the maturity date into shares of common stock, at a rate equal to per share | $ 0.10 | $ 0.10 |
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- Definition The Convertible Notes accrue interest at the rate per annum No definition available.
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- References No definition available.
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- Definition During first quarter Company sold to the lender for aggregate Consideration of two convertible notes with interest rate 11% No definition available.
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X | ||||||||||
- Definition During first quarter Company sold to the lender for aggregate Consideration of two convertible notes with interest rate 11% No definition available.
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X | ||||||||||
- Definition Exercise price of warrants for 5 years No definition available.
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X | ||||||||||
- Definition The Convertible Notes accrue interest at the rate per annum No definition available.
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