NOTE 12 - LOSS ON EXTINGUISHMENT OF DEBT |
12 Months Ended |
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Dec. 31, 2015 | |
| Debt Disclosure [Abstract] | |
| NOTE 12 - LOSS ON EXTINGUISHMENT OF DEBT |
NOTE 12 - LOSS ON EXTINGUISHMENT OF DEBT During the year ended December 31, 2014, the Company issued 129,688 shares of common stock with a $29,828 fair market value to pay off the accrued expense in amount of $10,750. The $19,078 difference between the fair market value of the common stock and the balance of accrued expense was booked as loss on extinguishment of debt. |
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- References No definition available.
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- Definition Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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