Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | |
Jun. 30, 2014 | Aug. 13, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'Kallo Inc. | ' |
Document Type | 'S-1 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 352,998,416 |
Entity Public Float | ' | $7,575,707 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0001389034 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'Yes | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 30-Jun-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'FY | ' |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Current Assets: | ' | ' |
Cash | $37,137 | $27,448 |
Other receivables | 8,776 | 12,276 |
Prepaid expenses | 93,234 | 25,396 |
Total Current Assets | 139,147 | 65,120 |
Deposit – long term | 53,514 | ' |
Copyrights | 865,000 | 865,000 |
Equipment, net | 25,226 | 47,973 |
TOTAL ASSETS | 1,082,887 | 978,093 |
Current Liabilities: | ' | ' |
Accounts payable and accrued liabilities | 920,780 | 1,082,587 |
Accrued officers' salaries | 20,000 | 20,000 |
Loans payable | 61,007 | 61,203 |
Short term loans payable | 48,685 | 74,791 |
Short term loans payable – related parties | 1,450 | 1,450 |
Deposit for shares to be issued | ' | 9,560 |
Deferred revenue | 24,990 | 24,990 |
Total Current Liabilities | 1,076,912 | 1,274,581 |
TOTAL LIABILITIES | 1,076,912 | 1,274,581 |
Stockholders' Equity (Deficiency) | ' | ' |
Preferred stock, $0.00001 par value, 100,000,000 shares authorized, none issued and outstanding | 0 | 0 |
Common stock, $0.00001 par value, 500,000,000 (December 31, 2013 – 500,000,000) shares authorized, 346,459,183 and 319,106,020 shares issued and outstanding, respectively. | 3,465 | 3,191 |
Additional paid-in capital | 20,048,723 | 18,669,367 |
Accumulated deficit | -20,046,213 | -18,969,046 |
Total Stockholders' Equity (Deficiency) | 5,975 | -296,488 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY) | $1,082,887 | $978,093 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parentheticals) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 |
Preferred stock, authorized | 100,000,000,000,000 | 100,000,000,000,000 |
Preferred stock, issued | 0 | 0 |
Preferred stock, outstanding | 0 | 0 |
Common stock, par value (in Dollars per share) | $0.00 | $0.00 |
Common stock, issued | 346,459,183 | 319,106,020 |
Common Stock, outstanding | 346,459,183 | 319,106,020 |
Common stock, authorized | 500,000,000,000,000 | 500,000,000,000,000 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
General and administration | $372,407 | $441,986 | $905,157 | $894,875 |
Selling and marketing | 18,299 | 124,056 | 142,435 | 174,068 |
Foreign exchange loss (gain) | 24,789 | -19,653 | -7,111 | -12,294 |
Depreciation | 11,374 | 22,142 | 22,747 | 44,284 |
Interest and financing costs | 5,304 | 4,533 | 10,515 | 7,494 |
Change in fair value on convertible promissory note | ' | -333,612 | ' | -34,003 |
Gain on extinguishment of convertible promissory note | ' | -46,667 | ' | -46,667 |
Loss on extinguishment of short term loan payable | ' | ' | 3,424 | ' |
432,173 | 192,785 | 1,077,167 | 1,027,757 | |
Net Loss | ($432,173) | ($192,785) | ($1,077,167) | ($1,027,757) |
Basic and diluted net loss per share (in Shares) | 0 | 0 | 0 | 0 |
Basic and diluted net loss per share (in Dollars per share) | $340,737,150 | $296,720,662 | $336,549,384 | $294,063,703 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Stockholders' Deficiency (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | |
Balance at period beginning - end | ' | ' | ($296,488) |
Balance at period beginning - end (in Shares) | ' | ' | 319,106,020 |
Issuance of common shares – Kodiak put | ' | ' | 249,983 |
Issuance of common shares – Kodiak put (in Shares) | ' | ' | 3,472,223 |
Shares issued to director, employees and others for services | ' | 30,400 | 230,400 |
Shares issued to director, employees and others for services (in Shares) | ' | ' | 5,760,000 |
Settlement of short term loans payable by common shares | ' | ' | 27,200 |
Issuance of common shares for cash | ' | 138,270 | 872,047 |
Issuance of common shares for cash (in Shares) | ' | 2,765,400 | 17,440,940 |
Net Loss | -432,173 | ' | -1,077,167 |
Balance at period beginning - end | 5,975 | 5,975 | 5,975 |
Balance at period beginning - end (in Shares) | 346,459,183 | 346,459,183 | 346,459,183 |
Common Stock [Member] | ' | ' | ' |
Balance at period beginning - end | ' | ' | 3,191 |
Balance at period beginning - end (in Shares) | ' | ' | 319,106,020 |
Issuance of common shares – Kodiak put | ' | ' | 35 |
Issuance of common shares – Kodiak put (in Shares) | ' | ' | 3,472,223 |
Shares issued to director, employees and others for services | ' | ' | 58 |
Shares issued to director, employees and others for services (in Shares) | ' | ' | 5,760,000 |
Settlement of short term loans payable by common shares | ' | ' | 7 |
Settlement of short term loans payable by common shares (in Shares) | ' | ' | 680,000 |
Issuance of common shares for cash | ' | ' | 174 |
Issuance of common shares for cash (in Shares) | ' | ' | 17,440,940 |
Balance at period beginning - end | 3,465 | 3,465 | 3,465 |
Balance at period beginning - end (in Shares) | 346,459,183 | 346,459,183 | 346,459,183 |
Additional Paid-in Capital [Member] | ' | ' | ' |
Balance at period beginning - end | ' | ' | 18,669,367 |
Issuance of common shares – Kodiak put | ' | ' | 249,948 |
Shares issued to director, employees and others for services | ' | ' | 230,342 |
Settlement of short term loans payable by common shares | ' | ' | 27,193 |
Issuance of common shares for cash | ' | ' | 871,873 |
Balance at period beginning - end | 20,048,723 | 20,048,723 | 20,048,723 |
Retained Earnings [Member] | ' | ' | ' |
Balance at period beginning - end | ' | ' | -18,969,046 |
Net Loss | ' | ' | -1,077,167 |
Balance at period beginning - end | ($20,046,213) | ($20,046,213) | ($20,046,213) |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (Unaudited) (USD $) | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2013 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' | ' |
Net Loss | ' | ($1,077,167) | ($1,027,757) |
Adjustment to reconcile net loss to cash used in operating activities: | ' | ' | ' |
Depreciation | ' | 22,747 | 44,284 |
Stock based compensation | 760,000 | 230,400 | ' |
Loss on extinguishment of short term loan payable | ' | -3,424 | ' |
Change in fair value on convertible promissory note | ' | ' | -34,003 |
Gain on extinguishment of convertible promissory note | ' | ' | 46,667 |
Non-cash settlement of expenses | ' | ' | 5,000 |
Changes in operating assets and liabilities: | ' | ' | ' |
Increase in other receivables | ' | 3,500 | -90,559 |
(Increase) decrease in prepaid expenses | ' | -121,352 | 62,236 |
Increase (decrease) in accounts payable and accrued liabilities | ' | -164,333 | 148,583 |
NET CASH USED IN OPERATING ACTIVITIES | ' | -1,102,781 | -938,883 |
CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' | ' |
Proceeds from sale of common stock, net | ' | 1,112,470 | 805,000 |
Repayment of obligations under capital leases | ' | ' | -61,724 |
Repayment of convertible promissory note | ' | ' | -20,001 |
Proceeds from loans payable | ' | ' | 19,840 |
Repayment of loans payable | ' | ' | -47,151 |
NET CASH PROVIDED BY FINANCING ACTIVITIES | ' | 1,112,470 | 695,964 |
NET (DECREASE) INCREASE IN CASH | ' | 9,689 | -242,919 |
CASH - BEGINNING OF PERIOD | ' | 27,448 | 318,445 |
CASH - END OF PERIOD | 37,137 | 37,137 | 75,526 |
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | ' | ' | ' |
Conversion of loans payable into common shares | ' | $23,776 | ' |
NOTE_1_ORGANIZATION_AND_GOING_
NOTE 1 - ORGANIZATION AND GOING CONCERN | 6 Months Ended |
Jun. 30, 2014 | |
Organizationand Going Concern [Abstract] | ' |
Organizationand Going Concern | ' |
NOTE 1 – BUSINESS AND GOING CONCERN | |
Organization | |
Kallo Inc. develops software designed to taking medical information from many sources, and then depositing it into a single source as an electronic medical record for each patient. | |
Going Concern | |
The accompanying unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The amounts of assets and liabilities in the consolidated financial statements do not purport to represent realizable or settlement values. The Company has incurred operating losses since inception and has an accumulated deficit of $20,046,213 at June 30, 2014. The Company is expected to incur additional losses as it develops its products and marketing channels. | |
The Company has met its historical working capital requirements from the sale of common shares and related party loans. In order to not burden the Company, the officer/stockholder has agreed to provide funding to the Company to pay its annual audit fees, filing costs and legal fees as long as the board of directors deems it necessary. However, there can be no assurance that such financial support shall be ongoing or available on terms or conditions acceptable to the Company. This raises substantial doubt about the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. | |
NOTE_2_ACCOUNTING_POLICIES_AND
NOTE 2 - ACCOUNTING POLICIES AND OPERATIONS | 6 Months Ended |
Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Significant Accounting Policies [Text Block] | ' |
NOTE 2 – ACCOUNTING POLICIES AND OPERATIONS | |
Basis of Presentation | |
The accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Article 8-03 of Regulation S-X related to smaller reporting companies. These unaudited consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and notes, which are included as part of the Company's Form 10-K filed with the SEC for the year ended December 31, 2013. | |
Operating results for the periods presented are not necessarily indicative of the results that may be expected for the full year. Notes to the financial statements which substantially duplicate the disclosure contained in the audited consolidated financial statements for fiscal year ended December 31, 2013 as reported in the 10-K have been omitted. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation, have been included in the accompanying unaudited consolidated financial statements. | |
Deposit – long term represents prepayments of rent due at the end of our new office lease (see Note 8). | |
Recently Adopted Accounting Pronouncements | |
The company has limited operations and is considered to be in the development stage. During the quarter ended March 31, 2014, the Company has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the inception to date information and all references to development stage. | |
Other than noted above, we do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow. | |
NOTE_3_COMMON_STOCK
NOTE 3 - COMMON STOCK | 6 Months Ended |
Jun. 30, 2014 | |
Stockholders' Equity Note [Abstract] | ' |
Stockholders' Equity Note Disclosure [Text Block] | ' |
NOTE 3 – COMMON STOCK | |
On January 16, 2014, the holder of a promissory note converted the principal and interest outstanding of $23,776 into 680,000 shares. The fair value of the stock issued was $27,200 and therefore the Company experienced a loss on extinguishment of $3,424. The Company also issued 5,760,000 shares valued at $230,400 to various employees and a director as compensation for services rendered. During the six months period ended June 30, 2014, the Company issued 17,440,940 shares for cash of $872,047 ($9,560 was collected prior to December 31, 2013). | |
On September 26, 2012, the Company entered into a investment agreement with Kodiak Capital Group, LLC whereby the company could issue 2,000,000 shares in exchange for an option to sell up to $2,000,000 worth of Company shares at a price equal to 80% of the lowest daily preceding five days Volume Weighted Average Price at the time of exercise and expires six months from inception. The Company recorded a stock subscription receivable (included in equity) in the amount of $100,000 which was determined to be the fair value of the option on September 26, 2012. On July 15, 2014, the Company and Kodiak extended the agreement through December 31, 2015. During the six months period ended June 30, 2014, the Company put $249,983 and 3,472,223 shares were issued pursuant to the above Agreement. | |
NOTE_4_WARRANTS
NOTE 4 - WARRANTS | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding [Abstract] | ' | ||||||||
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding | ' | ||||||||
NOTE 4 – WARRANTS | |||||||||
Warrant activity for the six months ended June 30, 2014 is as follows: | |||||||||
Weighted Average | |||||||||
Number of Warrants | Exercise Price | ||||||||
Balance, December 31, 2013 | 1,580,000 | $ | 0.5 | ||||||
Granted | - | - | |||||||
Cancelled | - | - | |||||||
Exercised | - | - | |||||||
Balance, June 30, 2014 | 1,580,000 | $ | 0.5 | ||||||
(unaudited) | |||||||||
Each warrant is exercisable for a period of one year from the effective date of a registration statement filed with the SEC. Such registration statement was declared effective on October 9, 2013. | |||||||||
NOTE_5_RELATED_PARTY_TRANSACTI
NOTE 5 - RELATED PARTY TRANSACTIONS | 6 Months Ended |
Jun. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
NOTE 5 – RELATED PARTY TRANSACTIONS | |
During the six months period ended June 30, 2014, 5,000,000 shares were granted to a director and officer of the Company as stock-based compensation and were valued at $200,000. - 760,000 shares were granted to four other employees as stock-based compensation and were valued, using the market closing price on the date of grant, at $30,400. In addition, 2,765,400 shares were issued to a director of the Company for cash of $138,270. | |
Included in short term loans payable is an amount due to a shareholder and director of the Company for the amount of $1,450. | |
Included in accounts payable and accrued liabilities – other is an amount of $23,300 due to directors and officers of the Company as at June 30, 2014. | |
NOTE_6_LOAN_PAYABLE
NOTE 6 - LOAN PAYABLE | 6 Months Ended |
Jun. 30, 2014 | |
Payable Loans [Abstract] | ' |
Payable Loans | ' |
NOTE 6 – LOAN PAYABLE | |
As at June 30, 2014, a loan payable of $61,007 to an unrelated party bears interest at 6% per annum, is unsecured and is payable in monthly installments of principal and interest in the amount of Canadian $7,235, all due within the next 12 months. | |
NOTE_7_SHORT_TERM_LOANS_PAYABL
NOTE 7 - SHORT TERM LOANS PAYABLE | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Disclosure Text Block [Abstract] | ' | ||||||||
Short-term Debt [Text Block] | ' | ||||||||
NOTE 7 – SHORT TERM LOANS PAYABLE | |||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Promissory note bearing interest at 10% per annum, due January 10, 2014 | $ | - | $ | 25,664 | |||||
Promissory note bearing interest at 10% per annum, due January 15, 2014 | 25,086 | 25,528 | |||||||
Non-interest bearing advances from director | 1,450 | 1,450 | |||||||
Non-interest bearing short term funding from third parties | 23,599 | 23,599 | |||||||
$ | 50,135 | $ | 76,241 | ||||||
On October 10, 2013, the Company issued a promissory note agreeing to pay the principal amount of Canadian $25,000 plus interest at the rate of 10% per annum on January 10, 2014. Kallo did not pay on the due date and on January 16, 2014 the holder converted the principal and interest outstanding of $23,776 into 680,000 common shares. | |||||||||
On October 15, 2013, the Company issued a promissory note agreeing to pay the principal amount of Canadian $25,000 plus interest at the rate of 10% per annum on January 15, 2014. Kallo did not pay on the due date and the holder agreed to extend the due date by three additional periods of three months up to October 15, 2014. The amount outstanding as at June 30, 2014 was $25,086, including interest. | |||||||||
As at June 30, 2014, the balance of $1,450 represented an advance from a director which was non-interest bearing, unsecured and has no fixed repayment date. | |||||||||
As at June 30, 2014, the balance of $23,599 represented short term funding provided by third parties which are non-interest bearing, unsecured and have no fixed repayment date. | |||||||||
NOTE_8_COMMITMENTS_AND_CONTING
NOTE 8 - COMMITMENTS AND CONTINGENCIES | 6 Months Ended | ||||
Jun. 30, 2014 | |||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||
Commitments and Contingencies Disclosure [Text Block] | ' | ||||
NOTE 8 – COMMITMENTS AND CONTINGENCIES | |||||
Sales commission agreement | |||||
On November 20, 2012, Kallo signed a memorandum of understanding with the Ministry of Health of the Republic of Ghana for the supply and implementation of a National Mobile Care program with Mobile Clinics and Clinical Command Centers integrated with the existing healthcare system and improve the healthcare delivery services to the rural and remote population of Ghana at large for a total project cost for National implementation and Maintenance support for five years of US$158,500,000 (the "Ghana Project"). The Ministry of Health of the Republic of Ghana and Kallo Inc. have agreed that a contract for the implementation of the Mobile Care projects will be signed when a number of financing and other conditions have been satisfied. | |||||
In respect of the Ghana Project, the Company has agreed with two third parties to pay sales commissions equal to $8,717,625 and 4.5% (subject to a maximum of $7,162,375) of the contract price respectively for facilitating and securing the Contract with the Ministry of Health of the Republic of Ghana, payable within 7 to 14 business days of receipt of payment for the Project by Kallo in proportion to the payments received by Kallo. | |||||
On January 23, 2014, Kallo Inc. announced the signing of a US$200,000,925 Supply Contract with the Ministry of Health and Public Hygiene of the Republic Of Guinea (the "Guinea Project"). | |||||
Under the Supply Contract, Kallo will implement customized healthcare delivery solutions for the Republic of Guinea. The components of the solutions include, MobileCare, RuralCare, Hospital Information Systems, Telehealth Systems, Pharmacy Information, disaster management, air and surface patient transportation systems and clinical training. | |||||
In respect of the Guinea Project, the Company has agreed with two third parties in Guinea to pay sales commissions for facilitating and securing the Contract with the Ministry of Health of the Republic of Guinea as follows: | |||||
- | $20,000,000, payable as to an advance of $300,000 immediately after the loan agreement for the Kallo MobileCare and RuralCare program is signed by the Minister of Finance of the Republic of Guinea and the remainder within 7 to 14 business days of receipt of payment for the Project by Kallo in proportion to the payments received by Kallo. | ||||
- | $4,000,000, payable within 7 to 14 business days of receipt of payment for the Project by Kallo in proportion to the payments received by Kallo. In addition, a performance incentive payment of $1,000,000 will be payable to three persons related to the third party in accordance to the same terms of payment described herein. | ||||
On March 8, 2014, the Company has agreed with a third party to pay sales commissions equal to $25,000,000 for facilitating and securing the Contract with the Government of the Republic of Sierra Leone, payable within 7 to 14 business days of receipt of payment for the Project by Kallo in proportion to the payments received by Kallo. In addition, an incentive payment of $7,000,000 will also be payable if the Government of Sierra Leone approve the Project on or before August 15, 2014 in accordance to the same terms of payment described above. | |||||
New lease | |||||
On June 27, 2014, the Company entered into a sublease agreement to lease office facilities under an operating lease for a term of two and a half years. The Company's future base and additional rental payment obligations under the lease commitments are as follows: | |||||
Year ending December 31, 2014 | $ | 124,372 | |||
Year ending December 31, 2015 | 285,469 | ||||
Year ending December 31, 2016 | 261,680 | ||||
671,521 | |||||
NOTE_9_SUBSEQUENT_EVENTS
NOTE 9 - SUBSEQUENT EVENTS | 6 Months Ended |
Jun. 30, 2014 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
NOTE 9 – SUBSEQUENT EVENTS | |
Share issuance | |
From July 1, 2014 through August 13, 2014, the Company has issued 6,539,233 shares for cash of $326,962. | |
NOTE_4_WARRANTS_Tables
NOTE 4 - WARRANTS (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding [Abstract] | ' | ||||||||
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | ' | ||||||||
Weighted Average | |||||||||
Number of Warrants | Exercise Price | ||||||||
Balance, December 31, 2013 | 1,580,000 | $ | 0.5 | ||||||
Granted | - | - | |||||||
Cancelled | - | - | |||||||
Exercised | - | - | |||||||
Balance, June 30, 2014 | 1,580,000 | $ | 0.5 | ||||||
(unaudited) | |||||||||
NOTE_7_SHORT_TERM_LOANS_PAYABL1
NOTE 7 - SHORT TERM LOANS PAYABLE (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Disclosure Text Block [Abstract] | ' | ||||||||
Schedule of Short-term Debt [Table Text Block] | ' | ||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Promissory note bearing interest at 10% per annum, due January 10, 2014 | $ | - | $ | 25,664 | |||||
Promissory note bearing interest at 10% per annum, due January 15, 2014 | 25,086 | 25,528 | |||||||
Non-interest bearing advances from director | 1,450 | 1,450 | |||||||
Non-interest bearing short term funding from third parties | 23,599 | 23,599 | |||||||
$ | 50,135 | $ | 76,241 |
NOTE_8_COMMITMENTS_AND_CONTING1
NOTE 8 - COMMITMENTS AND CONTINGENCIES (Tables) | 6 Months Ended | ||||
Jun. 30, 2014 | |||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | ||||
Year ending December 31, 2014 | $ | 124,372 | |||
Year ending December 31, 2015 | 285,469 | ||||
Year ending December 31, 2016 | 261,680 | ||||
671,521 |
NOTE_1_ORGANIZATION_AND_GOING_1
NOTE 1 - ORGANIZATION AND GOING CONCERN (Details) (USD $) | Jun. 30, 2014 |
Organizationand Going Concern [Abstract] | ' |
Cumulative Earnings (Deficit) | $20,046,213 |
NOTE_3_COMMON_STOCK_Details
NOTE 3 - COMMON STOCK (Details) (USD $) | 0 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||||
Jan. 16, 2014 | Aug. 13, 2014 | Jan. 16, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 | Sep. 26, 2012 | |
Stockholders' Equity Note [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Conversion, Converted Instrument, Amount | $23,776 | ' | $23,776 | ' | ' | ' | ' | ' | ' |
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | 680,000 | ' | 680,000 | ' | ' | ' | ' | ' | ' |
Convertible Debt, Fair Value Disclosures | 27,200 | ' | 27,200 | ' | ' | ' | ' | ' | ' |
Gains (Losses) on Extinguishment of Debt | 3,424 | ' | ' | 46,667 | ' | ' | 46,667 | ' | ' |
Stock Issued During Period, Shares, Issued for Services (in Shares) | ' | ' | ' | ' | ' | 5,760,000 | ' | ' | ' |
Stock Issued During Period, Value, Issued for Services | ' | ' | ' | ' | 30,400 | 230,400 | ' | ' | ' |
Development Stage Entities, Stock Issued, Shares, Issued for Cash (in Shares) | ' | 6,539,233 | ' | ' | 2,765,400 | 17,440,940 | ' | ' | ' |
Development Stage Entities, Stock Issued, Value, Issued for Cash | ' | 326,962 | ' | ' | 138,270 | 872,047 | ' | 9,560 | ' |
Common Stock, Value, Subscriptions | ' | ' | ' | ' | ' | ' | ' | ' | 100,000 |
Stock Issued During Period, Value, Issued to Kodiak Capital Group LLC | ' | ' | ' | ' | $249,983 | $249,983 | ' | ' | ' |
Stock Issued During Period, Shares, Issued to Kodiak Capital LLC (in Shares) | ' | ' | ' | ' | ' | 3,472,223 | ' | ' | ' |
NOTE_4_WARRANTS_Details_Warran
NOTE 4 - WARRANTS (Details) - Warrant Activity | Jun. 30, 2014 | Dec. 31, 2013 |
Warrant Activity [Abstract] | ' | ' |
Balance at period beginning/end | 1,580,000 | 1,580,000 |
Balance at period beginning/end | 1,580,000 | 1,580,000 |
NOTE_5_RELATED_PARTY_TRANSACTI1
NOTE 5 - RELATED PARTY TRANSACTIONS (Details) (USD $) | 1 Months Ended | 6 Months Ended | 12 Months Ended | |
Aug. 13, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | Dec. 31, 2013 | |
Related Party Transactions [Abstract] | ' | ' | ' | ' |
Share-based Compensation | ' | $760,000 | $230,400 | ' |
Stock Issued During Period, Value, Issued for Services | ' | 30,400 | 230,400 | ' |
Development Stage Entities, Stock Issued, Shares, Issued for Cash (in Shares) | 6,539,233 | 2,765,400 | 17,440,940 | ' |
Development Stage Entities, Stock Issued, Value, Issued for Cash | 326,962 | 138,270 | 872,047 | 9,560 |
Due to Related Parties | ' | 1,450 | 1,450 | 1,450 |
Accrued Salaries, Current | ' | $23,300 | $23,300 | ' |
NOTE_6_LOAN_PAYABLE_Details
NOTE 6 - LOAN PAYABLE (Details) (CAD) | 12 Months Ended | |
Dec. 31, 2014 | Jun. 30, 2014 | |
Payable Loans [Abstract] | ' | ' |
Loans Payable | ' | 61,007 |
Debt Instrument, Interest Rate, Effective Percentage | ' | 6.00% |
Debt Instrument, Periodic Payment | 7,235 | ' |
NOTE_7_SHORT_TERM_LOANS_PAYABL2
NOTE 7 - SHORT TERM LOANS PAYABLE (Details) (USD $) | 0 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | |
Jan. 16, 2014 | Jan. 16, 2014 | Jun. 30, 2014 | Oct. 15, 2014 | Dec. 31, 2013 | |
Disclosure Text Block [Abstract] | ' | ' | ' | ' | ' |
Debt Conversion, Original Debt, Amount | ' | $25,000 | ' | $25,000 | ' |
Debt Instrument, Interest Rate During Period | ' | 10.00% | ' | 10.00% | ' |
Debt Conversion, Converted Instrument, Amount | 23,776 | 23,776 | ' | ' | ' |
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | 680,000 | 680,000 | ' | ' | ' |
Debt Instrument, Increase (Decrease), Net | ' | ' | 25,086 | ' | ' |
Due to Related Parties | ' | ' | 1,450 | ' | 1,450 |
Short-term Non-bank Loans and Notes Payable | ' | ' | $48,685 | ' | $74,791 |
NOTE_7_SHORT_TERM_LOANS_PAYABL3
NOTE 7 - SHORT TERM LOANS PAYABLE (Details) - Short Term Loans Payable (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Short Term Loans Payable [Abstract] | ' | ' |
Promissory note bearing interest at 10% per annum, due January 2014 | $25,086 | $25,664 |
Non-interest bearing advances from director | 1,450 | 1,450 |
Non-interest bearing short term funding from third parties | 48,685 | 74,791 |
$50,135 | $76,241 |
NOTE_8_COMMITMENTS_AND_CONTING2
NOTE 8 - COMMITMENTS AND CONTINGENCIES (Details) (USD $) | 60 Months Ended | ||||||
Nov. 20, 2018 | Mar. 08, 2014 | Feb. 18, 2014 | Jan. 23, 2014 | Dec. 20, 2013 | Dec. 06, 2013 | Nov. 20, 2012 | |
Commitments and Contingencies Disclosure [Abstract] | ' | ' | ' | ' | ' | ' | ' |
Contractual Obligation | ' | $25,000,000 | $4,000,000 | $200,000,925 | $8,717,625 | $20,000,000 | $158,500,000 |
Contractual Obligation, Sales Commission, Potential Payment | 4.50% | ' | ' | ' | ' | ' | ' |
Contractual Obligation, Sales Commission, Potential Payment, Value | 7,162,375 | ' | ' | ' | ' | ' | ' |
Contractual Obligation, Due in Next Twelve Months | ' | ' | ' | ' | ' | 300,000 | ' |
Contractual Obligation, Performance Incentive | ' | $7,000,000 | $1,000,000 | ' | ' | ' | ' |
NOTE_8_COMMITMENTS_AND_CONTING3
NOTE 8 - COMMITMENTS AND CONTINGENCIES (Details) - Sublease Agreement Payment Obligations (USD $) | 30 Months Ended |
Dec. 31, 2016 | |
Sublease Agreement Payment Obligations [Abstract] | ' |
$124,372 | |
$671,521 |
NOTE_9_SUBSEQUENT_EVENTS_Detai
NOTE 9 - SUBSEQUENT EVENTS (Details) (USD $) | 1 Months Ended | 6 Months Ended | 12 Months Ended | |
Aug. 13, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | Dec. 31, 2013 | |
Subsequent Events [Abstract] | ' | ' | ' | ' |
Development Stage Entities, Stock Issued, Shares, Issued for Cash | 6,539,233 | 2,765,400 | 17,440,940 | ' |
Development Stage Entities, Stock Issued, Value, Issued for Cash | $326,962 | $138,270 | $872,047 | $9,560 |