Going Concern and Management Plans (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 12 Months Ended | ||
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May. 31, 2015 |
Jun. 30, 2015 |
Jan. 31, 2015 |
Mar. 31, 2015 |
May. 11, 2014 |
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Going Concern And Management Plans Details Narrative | |||||
Working capital deficit | $ 4,266,794 | $ 26,536 | |||
Stockholders' equity deficit | $ 4,185,083 | 119,014 | |||
Convertible notes payable | 655,000 | ||||
Private placement offering | 3,531,104 | 3,362,104 | |||
Proceeds form private placement offering | $ 5,296,656 | $ 5,296,656 | |||
Principal amount of convertible notes converted into common stock | 645,000 | ||||
Offering costs | 763,000 | ||||
Net proceeds form private placement offering | $ 4,534,000 | ||||
Stockholders' deficit | $ 1,268,646 | $ 446,349 |
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- References No definition available.
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- Definition Principal amount of convertible notes converted into common stock. No definition available.
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- Definition Private placement offering. No definition available.
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- Definition Offering costs. No definition available.
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- Definition Net proceeds form private placement offering. No definition available.
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- Definition Working capital deficit. No definition available.
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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