Quarterly report pursuant to Section 13 or 15(d)

Notes Payable - Schedule of Notes Payable (Details)

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Notes Payable - Schedule of Notes Payable (Details) - USD ($)
 6 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Original borrowing $ 110,000  
Total notes payable, net of debt discount 125,000 $ 226,300
Debt discount (48,942)
Total note payable $ 125,000 177,358
Note Payable 1 [Member]    
Note date [1] Mar. 21, 2015  
Maturity date [1] Mar. 20, 2018  
Interest rate [1] 12.00%  
Original borrowing [1] $ 125,000  
Total notes payable, net of debt discount [1] $ 125,000 125,000
Note Payable 2 [Member]    
Note date [2] Dec. 15, 2016  
Maturity date [2] Jun. 15, 2017  
Interest rate [2] 50.00%  
Original borrowing [2] $ 101,300  
Total notes payable, net of debt discount [2] $ 101,300
[1] On March 21, 2015, the Company entered into an agreement with DelMorgan Group LLC (“DelMorgan”), pursuant to which DelMorgan agreed to act as the Company’s exclusive financial advisor. In connection with the agreement, the Company paid DelMorgan $125,000, which was advanced by a third-party lender in exchange for an unsecured note payable issued by the Company bearing interest at the rate of 12% per annum payable monthly beginning on April 20, 2015.Effective March 20, 2017, the Company entered into an extension agreement (the “Extension Agreement”) with DelMorgan to extend the maturity date of the Note to and including March 20, 2018. All other terms of the Note remain unchanged.
[2] On December 15, 2016, the Company entered into an agreement with a buyer, whereby the Company agreed to issue and sell to the Buyer, and the Buyer agreed to purchase from the Company, (i) a non-interest bearing Note in the original principal amount of $250,000, (ii) Warrants, and (iii) shares of the Company’s common stock in an amount equal to 30% of the purchase price of the respective tranche divided by the closing price of the Common Stock on the trading day immediately prior to the date of funding of the respective tranche (collectively, the “Inducement Shares”). The “Maturity Date” shall be six months from the date of each payment of Consideration. A one-time interest charge of five percent (5%) (“Interest Rate”) is to be applied on the Issuance Date to the original principal amount. In addition, there is a 10% Original Issue Discount that is to be prorated based on the consideration paid by the Buyer.