FAIR VALUE MEASUREMENTS (Details 1) - USD ($) |
3 Months Ended | |
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Mar. 31, 2017 |
Mar. 31, 2016 |
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Fair Value Measurements Details 1 | ||
Liabilities measured at fair value Beginning Balance | $ 6,987,000 | |
Change in fair market value of Conversion Feature | (1,610,750) | $ 1,160,700 |
Derivative debt converted into equity | (2,770,650) | |
Issuance of equity instruments with derivatives | 2,243,000 | |
Liabilities measured at fair value Ending Balance | $ 4,848,600 |
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- Definition Gain On Fair Market Valuation Of Derivatives. No definition available.
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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