Debt Discount Policy (Policies) |
12 Months Ended |
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Dec. 31, 2016 | |
| Policies | |
| Debt Discount Policy |
Debt Discount - The Company recognizes the fair value of detachable warrants issued in conjunction with a debt instrument as debt discount. The discount is amortized using the interest method over the life of the notes. The amortization of the discount was $967 and $58,801 for the years ended December 31, 2016 and 2015, respectively. |
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- Definition Disclosure of accounting policy related to debt. Includes, but is not limited to, debt issuance costs, the effects of refinancings, method of amortizing debt issuance costs and original issue discount, and classifications of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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