Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of Change in Level 3 Financial Instrument

The change in the Level 3 financial instrument is as follows:

 

    2018  
Balance, January 1, 2018   $ -  
Additions – Merger transaction     59,141  
Additions     22,368  
Change in fair value recognized in operations     4,105  
Balance, September 30, 2018   $ 85,614  

Schedule of Estimated Fair Value of Derivative Instruments Assumptions

The estimated fair value of the derivative instruments was valued using the Black-Scholes option pricing model, using the following assumptions as of September 30, 2018:

 

    2018  
Estimated dividends     None  
Expected volatility     113.72 %
Risk free interest rate     3.13 %
Expected term     .01-36 months