Annual report pursuant to Section 13 and 15(d)

8. Warrant Liability (Details Narrative)

v3.7.0.1
8. Warrant Liability (Details Narrative) - USD ($)
1 Months Ended 11 Months Ended 12 Months Ended
Aug. 14, 2014
Nov. 16, 2016
Feb. 19, 2016
Jan. 28, 2016
Nov. 16, 2015
Jan. 28, 2015
Nov. 28, 2016
Dec. 31, 2016
Dec. 31, 2015
Gain (loss) on the change in value of warrant liability               $ (14,681,311) $ (3,194,189)
Convertible notes payable               14,320,823 5,672,199
Debt issuance costs               98,671 22,688
Warrant Liability Four [Member]                  
Stock issued to warrant purchase     300,000            
Stock per share price     $ 0.35            
Value of Warrrant adjusted               246,000 110,400
Gain (loss) on the change in value of warrant liability               $ 203,975 55,200
Warrant exercised, Shares   200,000   100,000       95,000  
Remaining warrant exercised               205,000  
Paid in capital for shares issued               124,375  
Debt issuance costs   $ 55,200   $ 55,200          
Warrant Liability Three [Member]                  
Stock issued to warrant purchase           2,000,000      
Stock per share price           $ 0.35      
Fair value of warrant liability               $ 1,040,000  
Value of Warrrant adjusted               2,620,000  
Gain (loss) on the change in value of warrant liability               $ 1,580,000  
Percentage of common stock purchasable upon its initial exercise               7.20%  
Warrant Liability Two [Member]                  
Stock issued to warrant purchase         5,000,000        
Stock per share price         $ 0.35        
Fair value of warrant liability               $ 1,008,000  
Value of Warrrant adjusted             $ 4,680,000   1,872,000
Gain (loss) on the change in value of warrant liability             2,808,000   864,000
Warrant exercised, Shares         3,600,000        
Remaining warrant exercised         1,400,000        
Convertible notes payable         $ 1,400,000        
Settlement charge               840,000  
Discount on notes payable               168,000  
Warrant Liability One [Member]                  
Stock issued to warrant purchase 1,000,000                
Stock per share price $ 0.50                
Fair value of warrant liability $ 1,251,200                
Value of Warrrant adjusted               1,067,000 1,118,000
Gain (loss) on the change in value of warrant liability               $ 1,423,336 $ 330,210
Risk free treasury rate               1.47% 1.76%
Expected volatility rate               112.20% 85.80%
Warrant exercised, Shares               1,060,929  
Remaining warrant exercised               936,164  
Paid in capital for shares issued               1,474,336  
Warrant [Member]                  
Stock issued to warrant purchase 800,000                
Stock per share price $ 1.00                
Warrant liability term period 5 years                
Warrant Liability [Member]                  
Stock issued to warrant purchase 12,500,000                
Stock per share price $ 1.00                
Fair value of warrant liability $ 9,801,200                
Value of Warrrant adjusted             15,420,000   $ 6,754,000
Gain (loss) on the change in value of warrant liability             $ 8,666,000   $ 1,944,779
Risk free treasury rate             1.38%   1.76%
Expected volatility rate             102.40%   85.80%
Warrant Four [Member]                  
Warrant liability term period     5 years            
Warrant Three [Member]                  
Warrant liability term period           5 years      
Warrant One [Member]                  
Warrant liability term period 5 years