CONVERTIBLE DEBT-Narrative (Details) |
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended |
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Dec. 31, 2015
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2015
USD ($)
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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 | $ 500,000 | $ 500,000 |
Warrants to purchase shares of common stock | $ 362,500 | $ 705,000 | $ 500,000 | $ 500,000 |
Warrants to purchase shares of common stock for a term in years | 5 | 5 | 5 | 5 |
The Convertible Notes accrue interest at the rate per annum | 11.00% | 11.00% | 11.00% | 11.00% |
The Convertible Notes accrue interest non-amortizing, have a term in years | 2 | 2 | 2 | 2 |
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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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- Definition The Convertible Notes accrue interest at the rate per annum No definition available.
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X | ||||||||||
- Definition The Convertible Notes accrue interest non-amortizing, have a term in years No definition available.
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- Definition Warrants to purchase shares of common stock No definition available.
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X | ||||||||||
- Definition Warrants to purchase shares of common stock for a term in years No definition available.
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