Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Derivative Liability (Tables)

v3.5.0.2
Note 14 - Derivative Liability (Tables)
 6 Months Ended
Jun. 30, 2016
Tables/Schedules  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis are summarized below and disclosed on the balance sheets:

 

 

 

 

 

 

 

 

 

Fair Value Measurement Using

 

Carrying Value

Level 1

Level 2

Level 3

Total

Derivative liabilities on conversion feature

-

-

-

-

-

Total derivative liabilities

$-

$-

$-

$-

$-

 
Schedule of Derivative Liabilities at Fair Value

The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended June 30, 2016:

 

 

Derivative Liability

Fair value, January 1, 2016 

$-

Additions

-

Change in fair value

-

Transfers in and/or out of Level 3

-

Fair value, June 30, 2016 

$-