8. Convertible Notes Payable (Details Narrative) - USD ($) |
6 Months Ended | |
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Jun. 30, 2015 |
Jun. 30, 2014 |
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Interest expense | $ 124,352 | |
Principal outstanding on notes | 1,014,240 | |
Converted notes | $ 2,393,910 | |
Common stock | 5,036,511 | |
Warrants to purchase common stock | 1,259,128 | |
Convertible Notes One [Member] | ||
Interest expense | $ 186,339 | $ 185,038 |
Convertible Notes Two [Member] | ||
Interest expense | 29,469 | 26,228 |
Principal outstanding on notes | 491,156 | |
Convertible Notes Three [Member] | ||
Interest expense | 12,151 | 10,814 |
Principal outstanding on notes | 202,517 | |
Convertible Notes Four [Member] | ||
Interest expense | 57,575 | 203,507 |
Principal outstanding on notes | 1,645,000 | |
Amortized interest expense on note discount | 75,644 | $ 138,945 |
Convertible Notes Five [Member] | ||
Interest expense | 539,994 | |
Principal outstanding on notes | $ 8,015,382 |
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- References No definition available.
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- Definition Amortized interest expense. No definition available.
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- Definition The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the required periodic payments applied to principal. 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 for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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