Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENT (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Measurement Tables  
Fair value assumptions

 

   

September 30,

2018

   

December 31,

2017

 
Volatility     510.6 %     333.89 %
Risk-free interest rate     2.19 %     1.31 %
Common stock closing price   $ 0.04     $ 0.20  

 

   

September 30,

2018

   

December 31,

2017

 
Volatility     510.6 %     326.65 %
Risk-free interest rate     2.19 %     1.31 %
Common stock closing price   $ 0.04     $ 0.20  

 

   

September 30,

2018

   

December 31,

2017

 
Volatility     427.17 %     303.97 %
Risk-free interest rate     2.19 %     1.76 %
Common stock closing price   $ 0.04     $ 0.20  

 

   

September 30,

2018

   

December 31,

2017

 
Volatility     510.60 %     326.65 %
Risk-free interest rate     2.19 %     1.53 %
Common stock closing price   $ 0.04     $ 0.20  

 

   

September 30,

2018

   

March 31,

2018

 
Volatility     472.17 %     180.53 %
Risk-free interest rate     2.19 %     1.93 %
Common stock closing price   $ 0.04     $ 0.12  

 

   

September 30,

2018

   

June 30,

2018

 
Volatility     337.53 %     240.05 %
Risk-free interest rate     2.59 %     2.33 %
Common stock closing price   $ 0.04     $ 0.064  

 

   

September 30,

2018

   

July 3,

2018

 
Volatility     325.04 %     291.96 %
Risk-free interest rate     2.59 %     2.59 %
Common stock closing price   $ 0.04     $ 0.12  

 

Summary of changes in fair value
    Derivative  
    Liability (convertible  
    notes)  
Balance, December 31, 2017   $ 930,000  
Initial fair value at note issuances     282,000  
On conversion     (64,355 )
Mark-to-market at September 30, 2018     354,355  
Balance, September 30, 2018   $ 1,502,000  
Net loss for the year included in earnings relating to the liabilities held at September 30, 2018   $ 354,355  
Non- cash interest expenses related to derivative liability   $ 162,850