Related Party Transactions (Details Narrative) - USD ($) |
6 Months Ended | ||||||||
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Mar. 07, 2017 |
Jun. 30, 2017 |
Jun. 30, 2016 |
May 31, 2017 |
Mar. 21, 2017 |
Mar. 15, 2017 |
Feb. 28, 2017 |
Feb. 02, 2017 |
Jan. 31, 2017 |
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Debt face amount | $ 10,850,000 | $ 1,600,000 | |||||||
Warrant to purchase common stock | 29,518 | 100,000 | |||||||
Consulting fee | $ 200,000 | $ 300,000 | |||||||
Monarch Capital, LLC [Member] | |||||||||
Consulting fee | $ 100,000 | $ 100,000 | |||||||
Director [Member] | |||||||||
Advance from director | $ 3,300,000 | $ 3,300,000 | |||||||
Accrued but unpaid interest | $ 500,000 | $ 500,000 | |||||||
Debt instrument interest rate | 10.00% | 10.00% | |||||||
Mr Diamantis [Member] | |||||||||
Accrued but unpaid interest | $ 500,000 | ||||||||
Debt instrument interest rate | 10.00% | 10.00% | |||||||
Debt face amount | $ 3,800,000 | ||||||||
Warrant to purchase common stock | 415,000 | ||||||||
Common stock, exercisable price per share | $ 1.00 | ||||||||
Due to related party | $ 200,000 | $ 200,000 |
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- Definition Accrued but unpaid interest. No definition available.
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- Definition Common stock exercisable Price per share. No definition available.
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- Definition Number of securities into which each warrant or right may be converted. For example, but not limited to, each warrant may be converted into two shares. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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