NOTES PAYABLE (Details 2) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
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Note Payable Tables Abstract | ||||
Fair market value of common stock issued upon conversion | $ 12,745,924 | $ 6,717,694 | $ 29,926,761 | $ 11,732,355 |
Principal amount of debt converted | (8,500,000) | (5,005,000) | (17,900,000) | (8,564,324) |
Accrued interest converted | (108,667) | (145,121) | (193,279) | (274,760) |
Fair value of derivative at conversion date | (6,141,000) | (2,901,400) | (15,572,000) | (5,672,050) |
Debt discount value at conversion date | 5,131,220 | 2,972,964 | 11,597,241 | 5,457,374 |
Loss on extinguishment of Debt | $ 3,127,477 | $ 1,639,137 | $ 7,858,723 | $ 2,678,595 |
Common Stock Issued Upon Conversion | 4,170,219 | 2,295,292 | 7,303,244 | 4,100,698 |
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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X | ||||||||||
- Definition The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The gross value of stock issued during the period upon the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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