Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Stock Option Valuation Assumptions

This results in a conversion feature. The Company measures the conversion feature using the Black Scholes option pricing model using the following assumptions:

	Three months ended March 31,
	2018	2017

Expected term	1 month - 1 year	1 month - 1 year
Exercise price	$0.0202-$0.0326	$0.006-$0.029
Expected volatility	145%-195%	163%-198%
Expected dividends	None	None
Risk-free interest rate	1.79% to 2.02%	0.79% to 1.06%
Forfeitures	None	None

Schedule of Changes in Liabilities with Significant Unobservable Inputs

The following table presents changes in the liabilities with significant unobservable inputs (level 3) for the nine months ended March 31, 2018:

	Derivative
	Liability
Balance December 31, 2017	$	5,939,600

Issuance of convertible debt		180,197
Settlements by debt settlement		(486,832	)
Change in estimated fair value		(1,814,058	)

Balance March 31, 2018	$	3,818,907

Schedule of Balance in Liabilities with Significant Unobservable Inputs

The following table presents balances in the liabilities with significant unobservable inputs (Level 3) at March 31, 2018:

	Fair Value Measurements Using
	Quoted Prices in		Significant Other		Significant
	Active Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total

As of March 31, 2018
Derivative liability	$	-	$	-	$	3,818,907	$	3,818,907
Total	$	-	$	-	$	3,818,907	$	3,818,907