NOTE 4. NOTES PAYABLE (Details) - USD ($) |
6 Months Ended | |||
---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2015 |
|
NOTE 4. NOTES PAYABLE (Details) [Line Items] | ||||
Amortization of Debt Discount (Premium) | $ 134,467 | $ 62,405 | ||
Debt Instrument, Unamortized Discount | $ 40,557 | 40,557 | $ 171,573 | |
Convertible Debt [Member] | ||||
NOTE 4. NOTES PAYABLE (Details) [Line Items] | ||||
Debt Instrument, Payment Terms | If at any time prior to December 31, 2016, the Company pays the Holder $500,000 on the Notes (together with all accrued interest), the Company will receive a $50,000 discount on the total principal amount of $550,000 outstanding under the Notes. If the Notes are fully paid by the Company, the Company will issue new warrants for the purchase of 500,000 shares of stock at an exercise price of $0.15 per share that will expire five (5) years from the grant date (and the old warrants will be extinguished). If payment is not made before December 31, 2016, no discount is allowed. | |||
Amortization of Debt Discount (Premium) | 131,016 | $ 62,405 | ||
Debt Instrument, Unamortized Discount | $ 40,557 | 40,557 | ||
Convertible Secured Note #1 [Member] | ||||
NOTE 4. NOTES PAYABLE (Details) [Line Items] | ||||
Debt Instrument, Face Amount | $ 350,000 | 350,000 | ||
Debt Instrument, Maturity Date | Dec. 31, 2016 | |||
Convertible Secured Note #2 [Member] | ||||
NOTE 4. NOTES PAYABLE (Details) [Line Items] | ||||
Debt Instrument, Face Amount | $ 200,000 | $ 200,000 | ||
Debt Instrument, Maturity Date | Dec. 31, 2016 |