Annual report pursuant to Section 13 and 15(d)

Convertible Notes Payable (Tables)

v3.7.0.1
Convertible Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2016
Convertible Notes Payable Abstract [Abstract]  
Convertible Debt [Table Text Block]
The table below represents the shares that are convertible at December 31, 2016 relating to the principal amounts of these convertible notes payable and excludes any shares that are convertible relating to the associated accrued interest:
 
 
 
 
 
 
 
 
 
Shares
 
 
 
 
 
 
 
 
 
Convertible at
 
 
 
December 31,
 
December 31,
 
 
 
Dec 31,
 
Issuance Date
 
2016 (e)
 
2015
 
Conversion Rate
 
2016
 
August 31, 2015(a)
 
$
38,299
 
$
125,000
 
$
0.1299
 
 
294,832
 
September 3, 2015
 
 
125,000
 
 
125,000
 
 
0.1299
 
 
962,279
 
October 6, 2015(a)(c)
 
 
30,280
 
 
147,000
 
 
0.20
 
 
151,402
 
October 6, 2015(b)
 
 
–
 
 
3,000
 
 
0.20
 
 
–
 
October 28, 2015(b)
 
 
–
 
 
50,000
 
 
0.20
 
 
–
 
January 14, 2016(d)
 
 
–
 
 
–
 
 
0.20
 
 
–
 
January 19, 2016
 
 
82,500
 
 
–
 
 
0.20
 
 
412,500
 
Total
 
$
276,079
 
$
450,000
 
 
 
 
 
1,821,013
 
 
(a) Debt partially converted on May 31, 2016 and on August 19, 2016.
(b) Debt fully converted to common shares on May 31, 2016.
(c) Debt partially converted on September 1, 2016.
(d) Debt fully converted to common shares effective November 30, 2016. 
(e) Excluded from the $276,079 is $20,333 in accrued interest on the convertible notes payable which is included in the accompanying balance sheet.