Pressure BioSciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Convertible Debt and Other Debt (Details Narrative)

v3.3.1.900

Convertible Debt and Other Debt (Details Narrative) - USD ($)								12 Months Ended
	Aug. 28, 2015	Jul. 21, 2015	May. 29, 2015	Mar. 17, 2015	Jan. 29, 2015	Jan. 15, 2015	Jun. 06, 2014	Dec. 31, 2015	Dec. 31, 2014	Apr. 10, 2015	Mar. 29, 2015	Feb. 25, 2015	Jan. 06, 2014
Gross proceeds from convertible debt								$ 5,558,537	$ 1,126,744
Debenture fee			$ 8,000			$ 13,000				$ 10,000		$ 13,000
Received from related parties								6,300
Payments of advances								12,300	$ 6,394
Convertible Debt [Member]
Proceeds form issuance of private placement								$ 5,000,000
Issuance of warrants to purchase of common stock shares								8,767,857
Warrant exercise price per share								$ 0.40
Fair value of warrant								$ 1,933,375
Gross proceeds from convertible debt								4,910,000
PIPE Convertible Debentures [Member]
Proceeds form issuance of private placement		$ 5,000,000						$ 5,000,000
Other Notes [Member] \| Merchant Agreement [Member]
Received in exchange for rights to all customer receipts	$ 300,000			$ 50,000	$ 200,000	150,000					$ 100,000		$ 150,000
Lender paid	384,000		132,000	67,450	278,000	187,500	$ 190,499
Collected rate business day	2,560		$ 1,098	559	1,985	744	$ 756
Proceeds from outstanding balance of previous loan from lender	131,710					67,925
Debenture fee	$ 6,000			$ 999	$ 999	$ 1,875					$ 3,999		$ 3,750
Minimum [Member]
Convertible debentures term								12 months
Percentage of annual interest rates								4.00%
Percentage of pre-payment penalties								19.00%
Maximum [Member]
Convertible debentures term								24 months
Percentage of annual interest rates								10.00%
Percentage of pre-payment penalties								38.00%
Investor [Member]
Convertible debentures term								390 days
Received from related parties								$ 600,000
Non-related Parties [Member] \| Non-convertible Debt [Member]
Payments on non-convertible debt from non-related parties								587,949
Certain Officers [Member]
Received from related parties								6,300
Payments of advances								$ 12,300

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