Subsequent Events |
6 Months Ended | |||
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Jun. 30, 2016 | ||||
| Subsequent Events [Abstract] | ||||
| Subsequent Events |
We signed an amended conversion note on July 1, 2016 to receive $85,000 additional funds in July 2016. The Company will deliver 25,000 shares of common stock in connection with the amendment.
On July 29, 2016 we signed a convertible note for $100,000. The note is subject to annual interest of 12%, convertible to common shares at $0.45 per share and matures on January 29, 2017. In connection with this convertible note, we will issue 32,500 shares of our common stock. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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