Notes Payable (Details Textual) - USD ($) |
1 Months Ended | |||||
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Mar. 23, 2017 |
Mar. 20, 2017 |
Mar. 16, 2017 |
Feb. 08, 2017 |
Mar. 31, 2017 |
Jun. 30, 2016 |
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Notes payable (textual) | ||||||
Convertible notes payable | $ 87,500 | $ 80,000 | $ 75,000 | $ 32,500 | $ 6,076 | |
Note payable maturity term date | The notes have a maturity of six (6) months. | The notes have a maturity of nine (9) months. | The notes have a maturity of one (1) year. | The notes have a maturity of six (6) months. | ||
Note payable interest | 8.00% | 12.00% | 12.00% | 8.00% | ||
Convertible price for interest payment percentage | 50.00% | 60.00% | 50.00% | 80.00% | ||
Beneficial conversion feature | $ 87,500 | $ 80,000 | $ 75,000 | $ 19,096 |
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- References No definition available.
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- Definition Amount of increase (decrease) in additional paid in capital (APIC) resulting from recognition of deferred taxes for convertible debt with a beneficial conversion feature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Minimum percentage of common stock price to conversion price of convertible debt instruments to determine eligibility of conversion. No definition available.
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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