NOTE 4. NOTES PAYABLE (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
Dec. 31, 2014 |
|
Interest expense | $ 88,466 | $ 67,433 | |||
Beneficial Conversion Feature Interest Expense | $ 7,500 | $ 9,001 | 11,250 | 19,665 | |
Note discount | 18,750 | 18,750 | $ 5,000 | ||
Convertible Notes | 103,395 | 103,395 | 103,395 | ||
Fair value adjustments - equity obligation | $ (25,456) | $ 8,260 | |||
Risk free interest rate | 0.21% | 0.10% | |||
Dividend yield | 0.00% | 0.00% | |||
Expected life | 1 month | ||||
Fair value derivative liability | $ 0 | $ 0 | $ 25,456 | ||
Minimum [Member] | |||||
Volatility | 128.00% | ||||
Maximum [Member] | |||||
Volatility | 354.00% |
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- Definition Custom Element. No definition available.
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- Definition Custom Element. No definition available.
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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 Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate amount of interest expense on all borrowings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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