|6 Months Ended|
Jun. 30, 2017
|Subsequent Events [Abstract]|
The Company has evaluated events and transactions that occurred from June 30, 2017 through the date of filing, for possible disclosure and recognition in the financial statements. See discussed below material subsequent events that impact its financial statements or disclosures.
On July 14, 2017, in accordance with the terms of a Securities Purchase Agreement, the Company issued 668,201 shares to an investor upon conversion of a note payable held by the investor for $50,000 including accrued interest of approximately $115. The cost basis for the shares issued was $0.075.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/presentationRef