LONG TERM LIABILITIES (Details Narrative) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Long term notes | $ 164,726 | $ 0 |
Payment of interest | 8,000 | $ 0 |
Note $125K [Member] | ||
Long term note issued | 125,000 | |
Periodic payment | $ 5,700 | |
Interest rate | 5.00% | |
Note $135K [Member] | ||
Long term note issued | $ 135,000 | |
Periodic payment | $ 5,700 | |
Interest rate | 5.00% | |
Convertible Debt | ||
Long term note issued | $ 2,000,000 | |
Interest rate | 5.50% | |
Payment of interest | $ 0 |
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- Definition The average effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the required periodic payments including both interest and principal payments. 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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- Definition Carrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. No definition available.
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