Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS (Details)

v3.3.1.900
SUBSEQUENT EVENTS (Details)
Mar. 29, 2016
USD ($)
$ / shares
SUBSEQUENT EVENTS Details  
HEP Investments a related party, advanced an additional $ 1,000,000
Company recorded a debt discount in the amount 1,000,000
Company recorded a debt discount in amount for transaction 1,000,000
Company issued to the Lender for aggregate consideration $ 1,000,000
Two convertible notes 11.00%
Convertible notes and warrants to purchase common shares, $ 1,000,000
Exercise price of common stock per share, | $ / shares $ 0.10
Convertible Notes accrue interest rate per annum 11.00%
Convertible Notes accrues in term in years 2
Common stock, at a rate equal to per share | $ / shares $ 0.10
Company valued the beneficial conversion feature and recorded the amount , $ 62,750
Fair value of the warrants was calculated and recorded 937,430
HEP Investments has reached a balance 8,605,902
Advances have been converted into convertible debt $ 8,427,200