Derivative Liability (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | ||
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Jun. 30, 2015 |
Mar. 31, 2017 |
Mar. 31, 2016 |
Dec. 31, 2016 |
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Derivative Liability (Textual) | ||||
Common stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | |
Number of shares issued in private placement | 959,924 | |||
Price per share | $ 0.01 | |||
Exercise price of warrant | $ 0.75 | |||
Warrant's derivative liability fair value | $ 37,008 | $ 108,809 | ||
Placement agent warrants description | The Company has also issued to the placement agent warrants to purchase our shares of Common Stock equal to 10% of the total shares sold in the offering, or 95,992 shares. | |||
Gain on derivative liability | $ 71,801 | $ 5,186 |
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- References No definition available.
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- Definition Description of placement agent warrants. No definition available.
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- Definition Warrant derivative liability. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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