Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES PAYABLE (Tables)

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CONVERTIBLE NOTES PAYABLE (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of convertible notes payable

Convertible notes payable consist of the following at June 30, 2017 and December 31, 2016:

 

    2017     2016  
Principal balance   $ 1,525,000     $ 1,600,000  
Debt discount     (590,845 )     (1,031,183 )
Deferred finance costs     (141,366 )     (204,198 )
Outstanding, net of debt discount   $ 792,789     $ 364,619