Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Property Plant and Equipment Estimated Useful lives
Estimated useful lives of property and equipment are as follows for the major classes of assets:
 
Asset Description
  
Estimated Lives
Furniture and fixtures
 
7 years
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:
 
 
 
December 31,
 
 
 
2016
 
2015
 
Options
 
 
22,973,131
 
 
-
 
Warrants
 
 
19,568,318
 
 
-
 
Series A convertible preferred stock
 
 
34,500,000
 
 
-
 
Series B convertible preferred stock
 
 
12,552,672,330
 
 
9,112,309,008
 
Convertible debentures
 
 
8,014,940,004
 
 
-
 
Total potentially dilutive shares
 
 
20,644,653,783
 
 
9,112,309,008