Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of Estimated Useful Life of Property and Equipment

The estimated useful lives of property and equipment are generally as follows:

 

  Years
Office furniture and fixtures 4
Computer equipment 4
Appliques 10
Website development 2

Schedule of Reconciliation of Derivative Liability Measured at Fair Value

The following table presents a reconciliation of the derivative liability measured at fair value on a recurring basis using significant unobservable input (Level 3) from January 1, 2017 to September 30, 2017:

 

   

Conversion Feature

Derivative Liability

    Warrant Liability     Total  
Balance at January 1, 2017   $ -     $ 1,237     $ 1,237  
Change in fair value included in earnings     -       (1,237 )     (1,237 )
Balance September 30, 2017   $ -     $ -     $ -  

Schedule of Dilutive Common Stock Equivalents

The following are dilutive common stock equivalents during the period ended:

 

    September 30, 2017     September 30, 2016  
Convertible preferred stock     366,207,379       209,416,215  
Stock options     42,850,000       2,850,000  
Stock warrants     -       5,000  
Total     409,057,379       212,271,215