NOTES PAYABLE (Details 1) - USD ($) |
3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2018 |
Sep. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
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Note Payable Tables Abstract | ||||||
Fair market value of common stock issued upon conversion | $ 13,041,469 | $ 6,424,597 | $ 42,968,230 | $ 18,156,952 | ||
Principal amount of debt converted | (8,900,000) | (3,250,000) | (26,800,000) | (11,814,324) | ||
Accrued interest converted | (118,041) | (232,225) | (311,320) | (506,985) | ||
Fair value of derivative at conversion date | (3,699,000) | (3,434,900) | (19,271,000) | (9,106,950) | ||
Debt discount value at conversion date | 3,932,601 | 1,866,066 | 15,529,842 | 7,323,440 | ||
Loss on extinguishment of Debt | $ 4,257,029 | $ 1,373,538 | $ 12,115,752 | $ 4,052,133 | ||
Common Stock Issued Upon Conversion | [1] | 6,111,043 | 1,668,902 | 13,414,287 | 5,769,600 | |
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- References No definition available.
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- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The gross value of stock issued during the period upon the conversion of convertible securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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