BASIS OF PRESENTATION (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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BASIS OF PRESENTATION CONSISTS OF | ||
Company incurred loss from operations | $ 3,056,280 | $ 5,153,137 |
Working capital deficiency | 4,941,980 | |
Stockholders' deficiency | 9,496,989 | |
Company raised net proceeds from the sale of common stock | 48,500 | |
Received proceeds through the issuance of convertible debt | 2,067,500 | |
Received from Loans payable to related parties | $ 196,093 |
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- References No definition available.
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- Definition Company incurred loss from operations No definition available.
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- Definition CompanyRaisedNetProceedsFromTheSaleOfCommonStock1 No definition available.
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- Definition ReceivedFromLoansPayableToRelatedParties1 No definition available.
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- Definition The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. No definition available.
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- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. No definition available.
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- Definition Working capital deficiency No definition available.
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