World Moto (FARE) 10-Q 21 Feb 17 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Feb. 08, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	World Moto, Inc.
Entity Central Index Key	1,492,151
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,490,145,045

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 36,800	$ 14,772
Prepaid expenses and other current assets	16,103	15,588
Total current assets	52,903	30,360
Property and equipment, net of accumulated depreciation	26,346	28,106
Other assets	10,344	10,077
TOTAL ASSETS	89,593	68,543
Current liabilities:
Accounts payable and accrued expenses	558,334	524,792
Convertible notes payable, net of discount of $381,427 and $140,561, respectively, and net of deferred financing costs of $23,125 and $5,651, respectively	220,749	271,810
Derivative note liabilities	702,358	611,793
Short-term debt - related party	19,001	29,612
Unearned revenues	56,985	56,160
Total current liabilities	1,557,427	1,494,167
Long term convertible notes payable, net of discount of $276,591 and $402,754, respectively, and net of deferred financing costs of $17,517 and $20,090 respectively	8,759	4,859
Long-term derivative liabilities	282,317	442,915
Total liabilities	1,848,503	1,941,941
Stockholders' deficit:
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; no shares issued and outstanding	500	500
Common stock, $0.0001 par value, 2,000,000,000 shares authorized; 1,384,237,670 and 966,778,980 shares issued and outstanding, respectively	138,423	96,678
Additional paid-in capital	4,656,266	4,288,698
Accumulated deficit	(6,529,689)	(6,235,125)
Other comprehensive loss	(24,410)	(24,149)
Total stockholders' deficit	(1,758,910)	(1,873,398)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 89,593	$ 68,543

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Convertible notes payable, net of discount, current	$ 381,427	$ 140,561
Deferred financing costs, current	23,125	5,651
Convertible notes payable, net of discount, non current	276,591	402,754
Deferred financing costs, non current	$ 17,517	$ 20,090
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	1,384,237,670	966,778,980
Common stock, shares outstanding	1,384,237,670	966,778,980

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Operations [Abstract]
Revenues
Operating expenses:
Research and development	54,159	102,825
General and administrative	90,712	99,249
Total operating expenses	144,871	202,074
Loss from operations	144,871	202,074
Other income/expense:
Interest expense	285,857	323,170
Other income	(5,900)
Change in fair value of derivative liabilities	(140,034)	352,807
Loss on settlement of debt	9,770	(70)
Total other expense	149,693	675,907
Net loss	(294,564)	(877,981)
Other comprehensive income (loss):
Foreign currency translations	(261)	(449)
Total comprehensive loss	$ (294,825)	$ (878,430)
Net loss per common share - basic and diluted	$ 0	$ 0
Weighted average number of common shares outstanding - basic and diluted	1,147,960,137	415,699,254

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (294,564)	$ (877,981)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	2,469	1,634
Fair value of derivative in excess of debts	20,583	161,264
Amortization of debt discount and deferred financing cost	251,742	160,011
Change in fair value of derivative liability	(140,034)	352,807
Gain on settlement of debt	9,770	(70)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(492)	(14,223)
Inventory		(2,308)
Accounts payable and accrued expenses	36,600	26,280
Net cash used in operating activities	(113,926)	(192,516)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of related party debt	(10,611)
Payments on debt settlement	(75,778)
Proceeds from convertible notes, net of financing costs	222,778	137,023
Net cash provided by financing activities	136,389	137,023
EFFECT OF FOREIGN CURRENCY TRANSLATIONS	(435)	(449)
Net change in cash and cash equivalents	22,028	(55,942)
Cash and cash equivalent at beginning of the period	14,772	169,265
Cash and cash equivalent at end of the period	36,800	113,323
Cash paid for:
Income tax
Interest
NONCASH INVESTING AND FINANCING ACTIVITIES:
Shares issued for conversion of debt	409,313	234,355
Derivative liabilities from issurance of convertible debt	259,944
Reclassification of fair value of derivatives from liabilities to equity		$ 251,597

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Business World Moto, Inc. (the “Company”) was incorporated in the State of Nevada on March 24, 2008 under the name Net Profits Ten Inc. The original purpose of the Company was to market and distribute user-friendly interactive yearbook software for the military. The Company was reclassified as a shell company until the completion of its acquisition of the World Moto Assets, which was consummated on November 14, 2012, and discussed in Note 3. Effective November 12, 2012, the Company amended its Articles of Incorporation to change its name from “Net Profits Ten Inc.” to “World Moto, Inc.” On January 30, 2013, World Moto, Inc. established two wholly owned subsidiaries that were incorporated in the State of Nevada. World Moto Technologies, Inc. and World Moto Holdings, Inc. were both established, but have no activity to report to date. On February 4, 2013, World Moto Technologies Ltd, a wholly owned subsidiary of the Company, was organized under the laws of the Kingdom of Thailand and the name of this company was later changed to World Moto Co., Ltd. World Moto Co., Ltd. is owned in its entirety by World Moto, Inc., World Moto Technologies, Inc. and World Moto Holdings, Inc. and it is an operating entity of the Company in Thailand for the purposes of research and development in the Southeast Asia region. The Company design, manufacture, market and sell Moto-Meter products and services, including the Moto-Meter and its related smartphone application, the Yes service and HailYes™ app, and Wheelies. The Company seek to address the need for fare metering and mobile commerce for motor scooters and motorcycle taxis. The use of these taxis is increasingly common in the developing world. The Company planned products, however, will have increased functionalities over a standard fare meter commonly used in an enclosed taxicab. Basis of Presentation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information in accordance with Securities and Exchange Commission ("SEC") Regulation S-X rule 8-03 and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's last Annual Report filed with the SEC on Form 10-K for the year ended December 31, 2015. In the opinion of management, the unaudited consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include normal recurring adjustments, necessary to present fairly the financial position as of March 31, 2016 and the results of operations and cash flows for the periods then ended. The financial data and other information disclosed in these notes to the interim consolidated financial statements related to the period are unaudited. The results for the three-month period ended March 31, 2016 are not necessarily indicative of the results to be expected for any subsequent quarters or for the entire year ending December 31, 2016. Notes to the unaudited interim consolidated financial statements that would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year as reported in the Form 10-K have been omitted. Principal of Consolidation The consolidated financial statements include the accounts of World Moto Technologies, Inc., World Moto Holdings, Inc., and World Moto Co. Ltd, all 100% owned subsidiaries. All significant intercompany balances and transactions have been eliminated upon consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes. Foreign Currency Translation The functional currency of our subsidiary is the Thai Baht. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Exchange gains or losses arising from foreign currency transactions are included in the determination of net income (loss) for the respective periods. For financial reporting purposes, the financial statements of the subsidiary are translated into the Company’s reporting currency, United States Dollars (“USD”). Asset and liability accounts are translated using the closing exchange rate in effect at the balance sheet date, equity account and dividend are translated using historical exchange rates and income and expense accounts are translated using the average exchange rate prevailing during the reporting period. Adjustments resulting from the translation, if any, are included in accumulated other comprehensive income (loss) in stockholder’s equity (deficit). Long-Lived Assets Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method of 3 years for financial statement purposes. Software The Company capitalizes software acquisition and development costs incurred during the software application development stage. The software application development stage is characterized by software design and configuration activities, coding, testing and installation. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software acquisition and development costs, once placed in service, are amortized using the straight-line method over the estimated useful life of 3 to 10 years. Capitalized software acquisition and development costs subject to amortization are carried at cost less accumulated amortization. Patents Patents are initially measured based on their fair values. Patents are being amortized on the straight-line method over the estimated useful life of 10 to 20 years. Management evaluates the recoverability of the Company’s property and equipment including patent development costs when events or circumstances indicate a potential impairment exists. The Company considers certain events and circumstances in determining whether the carrying value of identifiable property and equipment may not be recoverable including, but not limited to: significant changes in performance relative to expected operating results; significant changes in the use of the assets; significant negative industry or economic trends; and changes in the business strategy. In determining if impairment exists, the Company estimates the undiscounted cash flows to be generated from the use and ultimate disposition of these assets. If impairment is indicated based on a comparison of the assets' carrying values and the undiscounted cash flows, the impairment loss is measured as the amount by which the carrying amount of the assets exceeds the fair value of the assets. Income Taxes The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management’s assessment as to their realization. Fair Value Measurement The Company values its derivative instruments under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities. Level 2 - Valuations for assets and liabilities that can be obtained from readily available pricing sources via independent providers for market transactions involving similar assets or liabilities. The Company’s principal markets for these securities are the secondary institutional markets, and valuations are based on observable market data in those markets. The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on March 31, 2016. Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 984,675 $ 984,675 Revenue Recognition The Company recognizes revenue only when all of the following criteria have been met: • Persuasive evidence of an arrangement exists; • Delivery has occurred or services have been rendered; • The fee for the arrangement is fixed or determinable; and • Collectibility is reasonably assured. Persuasive Evidence of an Arrangement – The Company documents all terms of an arrangement in a written contract signed by the customer prior to recognizing revenue. Delivery Has Occurred or Services Have Been Performed – The Company performs all services or delivers all products prior to recognizing revenue. Monthly services are considered to be performed ratably over the term of the arrangement. Professional consulting services are considered to be performed when the services are complete. Equipment is considered delivered upon delivery to a customer’s designated location. The Fee for the Arrangement Is Fixed or Determinable – Prior to recognizing revenue, a customer’s fee is either fixed or determinable under the terms of the written contract. Fees for most monthly services, professional consulting services, and equipment sales and rentals are fixed under the terms of the written contract. Fees for certain monthly services, including certain portions of networking, storage, and content distribution and caching services, are variable based on an objectively determinable factor such as usage. Those factors are included in the written contract such that the customer’s fee is determinable. The customer’s fee is negotiated at the outset of the arrangement and is not subject to refund or adjustment during the initial term of the arrangement. Collectability Is Reasonably Assured – The Company determines that collectability is reasonably assured prior to recognizing revenue. Collectability is assessed on a customer by customer basis based on criteria outlined by management. New customers are subject to a credit review process, which evaluates the customer’s financial position and ultimately its ability to pay. The Company does not enter into arrangements unless collectability is reasonably assured at the outset. Existing customers are subject to ongoing credit evaluations based on payment history and other factors. If it is determined during the arrangement that collectability is not reasonably assured, revenue is recognized on a cash basis. Franchise Fee Revenue Revenues from licensees include a royalty based on a percent of sales, and may include initial fees. Continuing royalties are recognized in the period earned. Initial fees are recognized upon granting of a new franchise term, which is when the Company has performed substantially all initial services required by the franchise arrangement and after the franchisee commences operations. Additionally, the first twelve months of operations are royalty free for the franchisee. Stock-based Compensation The Company expenses the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of such instruments over the service period. Equity instruments issued to parties other than employees for acquiring goods or services are recorded at either the fair value of the consideration received or the fair value of the instruments issued in exchange for such services, whichever is more reliably measurable. Subsequent Event The Company evaluated subsequent events through the date when financial statements are issued for disclosure consideration. Recent Accounting Pronouncements As of December 31, 2015, the Company adopted guidance codified in ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern

Going Concern	3 Months Ended
	Mar. 31, 2016
Going Concern [Abstract]
GOING CONCERN	NOTE 2 – GOING CONCERN The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. However, the Company has an accumulated deficit of $6,529,689 as of March 31, 2016, has limited liquidity, and has not established a reliable source of revenues sufficient to cover operating costs over an extended period of time. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Unearned Revenues

Unearned Revenues	3 Months Ended
	Mar. 31, 2016
Unearned Revenues [Abstract]
UNEARNED REVENUES	NOTE 3 – UNEARNED REVENUES On December 2, 2013, WM Co. Thailand entered into a Purchase and Licensing Agreement (the "PL Agreement") with Mobile Advertising Ventures Ltd. ("MAV"). Pursuant to the terms of the PL Agreement, MAV will purchase 10 initial "Wheelies" from WM Co. Thailand at a total purchase price of $35,000, and will have an option to purchase an additional 190 Wheelies at a purchase price of $3,500 per unit. WM Co. Thailand also grants a non-exclusive license to MAV for the use of its software in connection with the operation of the Wheelies in consideration for a fee based on net revenue per quarter from advertising sales relating to the use of the Wheelies. The Company received $35,000 from MAV before December 31, 2013 and has been recorded unearned as revenues. On March 10, 2014, the Company entered into a Fleet Franchise Agreement ("the Franchise Agreement") with Mobile Advertising Ventures, Ltd. ("MAV"). MAV paid the Company $21,985 for the right to utilize the Yes software and all other trademarks of the Company, including but not limited to "Yes", "World Moto" and "Wheelies" (collectively, the "Marks") in the Federal Territory of Kuala Lumpur, Malaysia. Initial training has been completed for the Franchisee; however, the Franchisee has not begun operations. This revenue will be reclassified as earned when MAV completes its first sale using the Yes software.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 – RELATED PARTY TRANSACTIONS At March 31, 2016 and December 31, 2015, the Company has short-term debt of $19,001 and $29,612, respectively, due to one of its majority shareholders. During the quarter ended March 31, 2016, the Company repaid $10,611 of the related party debt. During the quarter ended March 31, 2016, the Company repaid $0 of related party debt. The loan is accruing interest at a rate of 0%.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Mar. 31, 2016
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 5 – CONVERTIBLE NOTES PAYABLE On January 11, 2016, the Company entered into a convertible notes with Union Capital for an aggregate principal amount of $31,639, to settle the convertible note and accrued interest of the Vis Vires Note #1 dated July 10, 2015. The note earns an interest rate equal to 8% per annum and matures on January 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On January 11, 2016, the Company entered into a second convertible note with Union Capital for an aggregate principal amount of $31,639 to settle the convertible note and accrued interest of the Vis Vires Note #1 dated July 10, 2015. The note earns an interest rate equal to 8% per annum and matures on January 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On January 11, 2016, the Company entered into a third convertible note with Union Capital for an aggregate principal amount of $71,631 to settle the convertible note and accrued interest of the Vis Vires Group #1 dated July 10, 2015. The note earns an interest rate equal to 8% per annum and matures on January 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On January 25, 2016, the Company entered into a fourth convertible note with Union Capital for an aggregate principal amount of $25,963. The note earns an interest rate equal to 8% per annum and matures on January 25, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On January 25, 2016, the Company entered into a fifth convertible note with Union Capital for an aggregate principal amount of $46,765 to settle for the convertible note and accrued interest of the Vis Vires Group dated July 27, 2015. The note earns an interest rate equal to 8% per annum and matures on January 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On February 1, 2016, the Company entered into a sixth convertible note with Union Capital for an aggregate principal amount of $60,000. The note earns an interest rate equal to 8% per annum and matures on February 1, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On February 19, 2016, the Company entered into a convertible note with GW Holding Group Note #1 for an aggregate principal amount of $38,000. The note earns an interest rate equal to 10% per annum and matures on February 19, 2017. The note is convertible at 52% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On March 30, 2016, the Company entered into a second convertible note with GW Holding Group Note #2 for an aggregate principal amount of $30,000. The note earns an interest rate equal to 10% per annum and matures on March 30, 2017. The note is convertible at 52% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On March 30, 2016, the Company entered into a convertible note with Union Capital Backend Note #14 for an aggregate principal amount of $66,750, as of March 30, 2016, the Company only received $35,000 cash for the note. The note earns an interest rate equal to 8% per annum and matures on March 31, 2017. The note is convertible at 52% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging As summary of value changes to the notes for the three months ended March 31, 2016 is as follows: Carrying value of Convertible Notes at December 31, 2015 $ 276,669 Additional principal 256,637 Total principal 533,306 Less: conversion of principal (174,194 ) Less: discount related to fair value of the embedded conversion feature (348,545 ) Less: deferred financing cost related to debt issuances (25,801 ) Less: discount related to original issue discount (7,000 ) Add: amortization of deferred financing cost 10,900 Add: amortization of discount 240,842 Carrying value of Convertible Notes at March 31, 2016 $ 229,508 Less: short-term portion (220,749 ) Long-term convertible notes payable $ 8,759

Derivative Liabilities

Derivative Liabilities	3 Months Ended
	Mar. 31, 2016
Derivative Liabilities [Abstract]
DERIVATIVE LIABILITIES	NOTE 6 – DERIVATIVE LIABILITIES The Company has determined that the variable conversion prices under its convertible notes caused the embedded conversation feature to be a financial derivative. The Company may not have enough authorized common stock to settle its obligation if the note holder elects to convert the note into common shares when the trading price is lower than a certain threshold. The derivative instruments were valued at loan origination date, date of debt conversion and at March 31, 2016, The fair values of the derivative liabilities related to the conversion options of these notes was estimated on the transaction dates (loan original date and date of debt conversion) using the Multinomial Lattice option pricing model, under the following assumptions: December 31, New March 31, 2015 Issuances 2016 Shares of common stock issuable upon exercise of debt 998,958,397 13,615,794 34,984,114 Estimated market value of common stock on measurement date 0.0014 - 0.05 $ 0.02-0.0261 $ 0.0196 Exercise price 0.0007 – 0.1 $ 0.009 - 0.03 $ 0.0004 - 0.0014 Risk free interest rate (1) 0.04% - 0.25 % 0.25 % 0.05% - 0.25 % Expected dividend yield (2) 0.00 % 0.00 % 0.00 % Expected volatility (3) 61.54% - 105 % 119.11% - 125.57 % 207% - 223 % Expected exercise term in years (4) 0.25 - 1.00 0.75 0.08 - 1.00 (1) The risk –free interest rate was determined by management using the one month Treasury bill yield as of the valuation dates. (2) The expected dividend yield is based on the Company’s current dividend yield as the best estimate of projected dividend yield for periods within the expected term of the share options and similar instruments. (3) The volatility was determined by referring to the average historical volatility of a peer group of public companies because we do not have sufficient trade history to determine our historical volatility. (4) The exercise term is the remaining contractual term of the convertible instrument at the valuation date. The change in fair values of the derivative liabilities related to the Convertible Notes for the three months ended March 31, 2016 is summarized as: Fair value of derivatives December 31, 2015 $ 1,054,708 New issuances 258,580 Conversion of derivative liabilities (188,579 ) Change in fair value of derivative liabilities (140,034) Fair value of derivative liabilities at March 31, 2016 $ 984,675

Equity Transactions

Equity Transactions	3 Months Ended
	Mar. 31, 2016
Equity Transactions [Abstract]
EQUITY TRANSACTIONS	NOTE 7 – EQUITY TRANSACTIONS During the three months ended March 31, 2016, the Company issued 417,458,690 shares of common stock for the conversion of notes payable and accrued interest in the amount of $409,314. The Company also recorded $367,568 as increase in additional paid-in capital from derivative liability as a result of the conversions.

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments And Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8 – COMMITMENTS AND CONTINGENCIES On April 16, 2013, the Company entered into a lease agreement with National Science and Technology Development Agency for 665 square feet of office space at 131 Thailand Science Park INC -1 # 214, Pathum Thani, Thailand. This office includes its executive offices and engineering facilities. On December 25, 2013, the Company entered into another lease agreement with National Science and Technology Development Agency for additional office space in the science park and the lease matures on November 30, 2016. Rent for the offices is approximately $22,000 per year. On December 25, 2013, the Company entered into an office maintenance service agreement with National Science and Technology Development Agency, the service agreement expires on the same date as the lease agreement. The annual service fee is approximately $21,000 per year. The Company has shared office space in New York City, located at 55 Broad Street, 28th Floor, New York, NY 10004. The annual rent for this location is currently being gifted to the Company. As of March 31, 2016, the company ceased making lease payments to the National Science and Technology Development Agency. The Company does not have any outstanding lease payments obligation to National Science Technology Development Agency. The Company is currently negotiating a new office space lease.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS Subsequent to March 31, 2016, the Company issued 105,907,375 shares for conversion $25,418 of convertible notes and payable accrued interests. On May 20, 2016, the Company entered into a convertible note with GW Holding Group, Note #3 for an aggregate principal amount of $37,050. The note earns an interest rate equal to 10% per annum and matures on May 20, 2017. The note is convertible at 48% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging On May 20, 2016, the Company entered into a convertible back-end note with GW Holding Group, Note #4 for an aggregate principal amount of $37,050. The note earns an interest rate equal to 10% per annum and matures on May 20, 2017. The note is convertible at 48% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Nature of Business	Nature of Business World Moto, Inc. (the “Company”) was incorporated in the State of Nevada on March 24, 2008 under the name Net Profits Ten Inc. The original purpose of the Company was to market and distribute user-friendly interactive yearbook software for the military. The Company was reclassified as a shell company until the completion of its acquisition of the World Moto Assets, which was consummated on November 14, 2012, and discussed in Note 3. Effective November 12, 2012, the Company amended its Articles of Incorporation to change its name from “Net Profits Ten Inc.” to “World Moto, Inc.” On January 30, 2013, World Moto, Inc. established two wholly owned subsidiaries that were incorporated in the State of Nevada. World Moto Technologies, Inc. and World Moto Holdings, Inc. were both established, but have no activity to report to date. On February 4, 2013, World Moto Technologies Ltd, a wholly owned subsidiary of the Company, was organized under the laws of the Kingdom of Thailand and the name of this company was later changed to World Moto Co., Ltd. World Moto Co., Ltd. is owned in its entirety by World Moto, Inc., World Moto Technologies, Inc. and World Moto Holdings, Inc. and it is an operating entity of the Company in Thailand for the purposes of research and development in the Southeast Asia region. The Company design, manufacture, market and sell Moto-Meter products and services, including the Moto-Meter and its related smartphone application, the Yes service and HailYes™ app, and Wheelies. The Company seek to address the need for fare metering and mobile commerce for motor scooters and motorcycle taxis. The use of these taxis is increasingly common in the developing world. The Company planned products, however, will have increased functionalities over a standard fare meter commonly used in an enclosed taxicab.
Basis of Presentation	Basis of Presentation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information in accordance with Securities and Exchange Commission ("SEC") Regulation S-X rule 8-03 and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's last Annual Report filed with the SEC on Form 10-K for the year ended December 31, 2015. In the opinion of management, the unaudited consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include normal recurring adjustments, necessary to present fairly the financial position as of March 31, 2016 and the results of operations and cash flows for the periods then ended. The financial data and other information disclosed in these notes to the interim consolidated financial statements related to the period are unaudited. The results for the three-month period ended March 31, 2016 are not necessarily indicative of the results to be expected for any subsequent quarters or for the entire year ending December 31, 2016. Notes to the unaudited interim consolidated financial statements that would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year as reported in the Form 10-K have been omitted.
Principal of Consolidation	Principal of Consolidation The consolidated financial statements include the accounts of World Moto Technologies, Inc., World Moto Holdings, Inc., and World Moto Co. Ltd, all 100% owned subsidiaries. All significant intercompany balances and transactions have been eliminated upon consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.
Foreign Currency Translation	Foreign Currency Translation The functional currency of our subsidiary is the Thai Baht. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Exchange gains or losses arising from foreign currency transactions are included in the determination of net income (loss) for the respective periods. For financial reporting purposes, the financial statements of the subsidiary are translated into the Company’s reporting currency, United States Dollars (“USD”). Asset and liability accounts are translated using the closing exchange rate in effect at the balance sheet date, equity account and dividend are translated using historical exchange rates and income and expense accounts are translated using the average exchange rate prevailing during the reporting period. Adjustments resulting from the translation, if any, are included in accumulated other comprehensive income (loss) in stockholder’s equity (deficit).
Long-Lived Assets	Long-Lived Assets Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method of 3 years for financial statement purposes. Software The Company capitalizes software acquisition and development costs incurred during the software application development stage. The software application development stage is characterized by software design and configuration activities, coding, testing and installation. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software acquisition and development costs, once placed in service, are amortized using the straight-line method over the estimated useful life of 3 to 10 years. Capitalized software acquisition and development costs subject to amortization are carried at cost less accumulated amortization. Patents Patents are initially measured based on their fair values. Patents are being amortized on the straight-line method over the estimated useful life of 10 to 20 years. Management evaluates the recoverability of the Company’s property and equipment including patent development costs when events or circumstances indicate a potential impairment exists. The Company considers certain events and circumstances in determining whether the carrying value of identifiable property and equipment may not be recoverable including, but not limited to: significant changes in performance relative to expected operating results; significant changes in the use of the assets; significant negative industry or economic trends; and changes in the business strategy. In determining if impairment exists, the Company estimates the undiscounted cash flows to be generated from the use and ultimate disposition of these assets. If impairment is indicated based on a comparison of the assets' carrying values and the undiscounted cash flows, the impairment loss is measured as the amount by which the carrying amount of the assets exceeds the fair value of the assets.
Income Taxes	Income Taxes The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management’s assessment as to their realization.
Fair Value Measurement	Fair Value Measurement The Company values its derivative instruments under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities. Level 2 - Valuations for assets and liabilities that can be obtained from readily available pricing sources via independent providers for market transactions involving similar assets or liabilities. The Company’s principal markets for these securities are the secondary institutional markets, and valuations are based on observable market data in those markets. The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on March 31, 2016. Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 984,675 $ 984,675
Revenue Recognition	Revenue Recognition The Company recognizes revenue only when all of the following criteria have been met: • Persuasive evidence of an arrangement exists; • Delivery has occurred or services have been rendered; • The fee for the arrangement is fixed or determinable; and • Collectibility is reasonably assured. Persuasive Evidence of an Arrangement – The Company documents all terms of an arrangement in a written contract signed by the customer prior to recognizing revenue. Delivery Has Occurred or Services Have Been Performed – The Company performs all services or delivers all products prior to recognizing revenue. Monthly services are considered to be performed ratably over the term of the arrangement. Professional consulting services are considered to be performed when the services are complete. Equipment is considered delivered upon delivery to a customer’s designated location. The Fee for the Arrangement Is Fixed or Determinable – Prior to recognizing revenue, a customer’s fee is either fixed or determinable under the terms of the written contract. Fees for most monthly services, professional consulting services, and equipment sales and rentals are fixed under the terms of the written contract. Fees for certain monthly services, including certain portions of networking, storage, and content distribution and caching services, are variable based on an objectively determinable factor such as usage. Those factors are included in the written contract such that the customer’s fee is determinable. The customer’s fee is negotiated at the outset of the arrangement and is not subject to refund or adjustment during the initial term of the arrangement. Collectability Is Reasonably Assured – The Company determines that collectability is reasonably assured prior to recognizing revenue. Collectability is assessed on a customer by customer basis based on criteria outlined by management. New customers are subject to a credit review process, which evaluates the customer’s financial position and ultimately its ability to pay. The Company does not enter into arrangements unless collectability is reasonably assured at the outset. Existing customers are subject to ongoing credit evaluations based on payment history and other factors. If it is determined during the arrangement that collectability is not reasonably assured, revenue is recognized on a cash basis.
Franchise Fee Revenue	Franchise Fee Revenue Revenues from licensees include a royalty based on a percent of sales, and may include initial fees. Continuing royalties are recognized in the period earned. Initial fees are recognized upon granting of a new franchise term, which is when the Company has performed substantially all initial services required by the franchise arrangement and after the franchisee commences operations. Additionally, the first twelve months of operations are royalty free for the franchisee.
Stock-based Compensation	Stock-based Compensation The Company expenses the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of such instruments over the service period. Equity instruments issued to parties other than employees for acquiring goods or services are recorded at either the fair value of the consideration received or the fair value of the instruments issued in exchange for such services, whichever is more reliably measurable.
Subsequent Event	Subsequent Event The Company evaluated subsequent events through the date when financial statements are issued for disclosure consideration.
Recent Accounting Pronouncements	Recent Accounting Pronouncements As of December 31, 2015, the Company adopted guidance codified in ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Schedule of fair value of derivative liability	Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 984,675 $ 984,675

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2016
Convertible Notes Payable [Abstract]
Summary of value changes to the notes payable	Carrying value of Convertible Notes at December 31, 2015 $ 276,669 Additional principal 256,637 Total principal 533,306 Less: conversion of principal (174,194 ) Less: discount related to fair value of the embedded conversion feature (348,545 ) Less: deferred financing cost related to debt issuances (25,801 ) Less: discount related to original issue discount (7,000 ) Add: amortization of deferred financing cost 10,900 Add: amortization of discount 240,842 Carrying value of Convertible Notes at March 31, 2016 $ 229,508 Less: short-term portion (220,749 ) Long-term convertible notes payable $ 8,759

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Liabilities [Abstract]
Summary of Multinomial Lattice option pricing model	December 31, New March 31, 2015 Issuances 2016 Shares of common stock issuable upon exercise of debt 998,958,397 13,615,794 34,984,114 Estimated market value of common stock on measurement date 0.0014 - 0.05 $ 0.02-0.0261 $ 0.0196 Exercise price 0.0007 – 0.1 $ 0.009 - 0.03 $ 0.0004 - 0.0014 Risk free interest rate (1) 0.04% - 0.25 % 0.25 % 0.05% - 0.25 % Expected dividend yield (2) 0.00 % 0.00 % 0.00 % Expected volatility (3) 61.54% - 105 % 119.11% - 125.57 % 207% - 223 % Expected exercise term in years (4) 0.25 - 1.00 0.75 0.08 - 1.00 (1) The risk –free interest rate was determined by management using the one month Treasury bill yield as of the valuation dates. (2) The expected dividend yield is based on the Company’s current dividend yield as the best estimate of projected dividend yield for periods within the expected term of the share options and similar instruments. (3) The volatility was determined by referring to the average historical volatility of a peer group of public companies because we do not have sufficient trade history to determine our historical volatility. (4) The exercise term is the remaining contractual term of the convertible instrument at the valuation date.
Summary of change in fair values of derivative liabilities	Fair value of derivatives December 31, 2015 $ 1,054,708 New issuances 258,580 Conversion of derivative liabilities (188,579 ) Change in fair value of derivative liabilities (140,034) Fair value of derivative liabilities at March 31, 2016 $ 984,675

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies [Line Items]
Derivative liability	$ 984,675	$ 1,054,708
Level 1 [Member]
Summary of Significant Accounting Policies [Line Items]
Derivative liability
Level 2 [Member]
Summary of Significant Accounting Policies [Line Items]
Derivative liability
Level 3 [Member]
Summary of Significant Accounting Policies [Line Items]
Derivative liability	$ 984,675

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2016
Summary of Significant Accounting Policies (Textual)
Percentage of owned subsidiaries	100.00%
Property and equipment, estimated useful life	3 years
Patents [Member] | Minimum [Member]
Summary of Significant Accounting Policies (Textual)
Long-lived assets, estimated useful life	10 years
Patents [Member] | Maximum [Member]
Summary of Significant Accounting Policies (Textual)
Long-lived assets, estimated useful life	20 years
Software [Member] | Minimum [Member]
Summary of Significant Accounting Policies (Textual)
Long-lived assets, estimated useful life	3 years
Software [Member] | Maximum [Member]
Summary of Significant Accounting Policies (Textual)
Long-lived assets, estimated useful life	10 years

Going Concern (Details)

Going Concern (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Going Concern (Textual)
Accumulated deficit	$ (6,529,689)	$ (6,235,125)

Unearned Revenues (Details)

Unearned Revenues (Details) - USD ($)	Mar. 10, 2014	Dec. 02, 2013	Mar. 31, 2016
Unearned Revenues (Textual)
Unearned revenues			$ 35,000
Purchase and Licensing Agreement [Member]
Unearned Revenues (Textual)
Purchase price		$ 35,000
Deferred revenue, description		Pursuant to the terms of the PL Agreement, MAV will purchase 10 initial "Wheelies" from WM Co. Thailand at a total purchase price of $35,000, and will have an option to purchase an additional 190 Wheelies at a purchase price of $3,500 per unit.
Franchise Agreement [Member]
Unearned Revenues (Textual)
Purchase price	$ 21,985

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Related Party Transactions (Textual)
Due to related party	$ 19,001		$ 29,612
Repayments of related party debt	$ 10,611
Accrued interest rate	0.00%

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Carrying value of Convertible Notes at December 31, 2015	$ 271,810
Carrying value of Convertible Notes at March 31, 2016	220,749
Long-term convertible notes payable	8,759	$ 4,859
Convertible Notes Payable [Member]
Short-term Debt [Line Items]
Carrying value of Convertible Notes at December 31, 2015	276,669
Additional principal	256,637
Total principal	533,306
Less: conversion of principal	(174,194)
Less: discount related to fair value of the embedded conversion feature	(348,545)
Less: deferred financing cost related to debt issuances	(25,801)
Less: discount related to original issue discount	(7,000)
Add: amortization of deferred financing cost	10,900
Add: amortization of discount	240,842
Carrying value of Convertible Notes at March 31, 2016	229,508
Less: short-term portion	(220,749)
Long-term convertible notes payable	$ 8,759

Convertible Notes Payable (De25

Convertible Notes Payable (Details Textual) - USD ($)	Feb. 01, 2016	Jan. 11, 2016	Mar. 30, 2016	Feb. 19, 2016	Jan. 25, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Interest rate						0.00%
Convertible Note [Member]
Debt Instrument [Line Items]
Fair value of conversion feature		$ 71,576
Convertible Note [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount		$ 31,639
Interest rate		8.00%
Debt instrument, maturity date		Jan. 11, 2017
Debt discount		$ 31,639
Number of trading days		20 days
Convertible debt tradding percentage		60.00%
Fair value of conversion feature		$ 32,832
Convertible Note [Member] | Gw Holding Group [Member]
Debt Instrument [Line Items]
Aggregate, principal amount				$ 38,000
Interest rate				10.00%
Debt instrument, maturity date				Feb. 19, 2017
Debt discount				$ 38,000
Number of trading days				20 days
Convertible debt tradding percentage				52.00%
Fair value of conversion feature				$ 43,582
Convertible Note [Member] | Union Capital Backend [Member]
Debt Instrument [Line Items]
Aggregate, principal amount			$ 66,750
Interest rate			8.00%
Debt instrument, maturity date			Mar. 31, 2017
Debt discount			$ 33,877
Number of trading days			20 days
Convertible debt tradding percentage			52.00%
Fair value of conversion feature			$ 33,877
Cash			35,000
Convertible Note One [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount		$ 31,639
Interest rate		8.00%
Debt instrument, maturity date		Jan. 11, 2017
Debt discount		$ 31,639
Number of trading days		20 days
Convertible debt tradding percentage		60.00%
Fair value of conversion feature		$ 32,831
Convertible Note One [Member] | Gw Holding Group [Member]
Debt Instrument [Line Items]
Aggregate, principal amount			$ 30,000
Interest rate			10.00%
Debt instrument, maturity date			Mar. 30, 2017
Debt discount			$ 30,000
Number of trading days			20 days
Convertible debt tradding percentage			52.00%
Fair value of conversion feature			$ 34,616
Convertible Note Two [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount		$ 71,631
Interest rate		8.00%
Debt instrument, maturity date		Jan. 11, 2017
Debt discount		$ 67,800
Number of trading days		20 days
Convertible debt tradding percentage		60.00%
Fair value of conversion feature		$ 67,800
Convertible Note Three [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount					$ 25,963
Interest rate					8.00%
Debt instrument, maturity date					Jan. 25, 2017
Debt discount					$ 25,322
Number of trading days					20 days
Convertible debt tradding percentage					60.00%
Fair value of conversion feature					$ 25,322
Convertible Debt Four [Member]
Debt Instrument [Line Items]
Fair value of conversion feature					38,880
Convertible Debt Four [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount					$ 46,765
Interest rate					8.00%
Debt instrument, maturity date					Jan. 11, 2017
Debt discount					$ 41,292
Number of trading days					20 days
Convertible debt tradding percentage					60.00%
Fair value of conversion feature					$ 41,292
Convertible Debt Five [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate, principal amount	$ 60,000
Interest rate	8.00%
Debt instrument, maturity date	Feb. 1, 2017
Debt discount	$ 55,884
Number of trading days	20 days
Convertible debt tradding percentage	60.00%
Fair value of conversion feature	$ 55,884

Derivative Liabilities (Details

Derivative Liabilities (Details) - $ / shares		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Shares of common stock issuable upon exercise of debt		34,984,114	998,958,397
Estimated market value of common stock on measurement date		$ 0.0196
Expected dividend yield	[1]	0.00%	0.00%
Minimum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Estimated market value of common stock on measurement date			$ 0.0014
Exercise price		$ 0.0004	$ 0.0007
Risk free interest rate	[2]	0.05%	0.04%
Expected volatility	[3]	207.00%	61.54%
Expected exercise term in years	[4]	29 days	3 months
Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Estimated market value of common stock on measurement date			$ 0.05
Exercise price		$ 0.0014	$ 0.1
Risk free interest rate	[2]	0.25%	0.25%
Expected volatility	[3]	223.00%	105.00%
Expected exercise term in years	[4]	1 year	1 year
New Issuances [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Shares of common stock issuable upon exercise of debt		13,615,794
Risk free interest rate	[2]	0.25%
Expected dividend yield	[1]	0.00%
Expected exercise term in years	[4]	9 months
New Issuances [Member] | Minimum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Estimated market value of common stock on measurement date		$ 0.02
Exercise price		$ 0.009
Expected volatility	[3]	119.11%
New Issuances [Member] | Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Estimated market value of common stock on measurement date		$ 0.0261
Exercise price		$ 0.03
Expected volatility	[3]	125.57%
[1]	The expected dividend yield is based on the Company's current dividend yield as the best estimate of projected dividend yield for periods within the expected term of the share options and similar instruments.
[2]	The risk -free interest rate was determined by management using the one month Treasury bill yield as of the valuation dates.
[3]	The volatility was determined by referring to the average historical volatility of a peer group of public companies because we do not have sufficient trade history to determine our historical volatility.
[4]	The exercise term is the remaining contractual term of the convertible instrument at the valuation date.

Derivative Liabilities (Detai27

Derivative Liabilities (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative Liabilities [Abstract]
Fair value of derivatives, Beginning balance	$ 1,054,708
New issuances	258,580
Conversion of derivative liabilities	(188,579)
Change in fair value of derivative liabilities	140,034	$ (352,807)
Fair value of derivative liabilities, Ending balance	$ 984,675

Equity Transactions (Details)

Equity Transactions (Details)	3 Months Ended
	Mar. 31, 2016USD ($)shares
Equity Transactions (Textual)
Shares of convertible notes payable | shares	417,458,690
Accrued interest	$ 409,314
Increase in additional paid-in capital from derivative liability	$ 367,568

Commitments And Contingencies (

Commitments And Contingencies (Details)	1 Months Ended	3 Months Ended
	Dec. 25, 2013USD ($)	Mar. 31, 2016USD ($)	Apr. 16, 2013ft²
Product Liability Contingency [Line Items]
Office space | ft²			665
Service agreements [Member]
Product Liability Contingency [Line Items]
Annual service fee	$ 21,000
Bangkok Thailand [Member]
Product Liability Contingency [Line Items]
Annual rent		$ 700
Pathum Thani, Thailand [Member]
Product Liability Contingency [Line Items]
Annual rent		$ 22,000

Subsequent Events (Details)

Subsequent Events (Details)	1 Months Ended		3 Months Ended
	Jun. 24, 2016USD ($)	May 20, 2016USD ($)Tradingdays	Mar. 31, 2016USD ($)shares
Subsequent Events (Textual)
Conversion of stock, shares issued | shares			105,907,375
Conversion of shares amount			$ 25,418
Interest rate			0.00%
Subsequent Events [Member] | GW Holding Group [Member] | Note 3 [Member]
Subsequent Events (Textual)
Aggregate principal amount		$ 37,050
Interest rate		10.00%
Maturity date		May 20, 2017
Convertible percentage		48.00%
Trading days | Tradingdays		20
Debt discount		$ 37,050
Fair value of conversion feature		64,876
Subsequent Events [Member] | GW Holding Group [Member] | Note 4 [Member]
Subsequent Events (Textual)
Aggregate principal amount		$ 37,050
Interest rate		10.00%
Maturity date		May 20, 2017
Convertible percentage		48.00%
Trading days | Tradingdays		20
Fair value of conversion feature		$ 64,876
Collateralized amount		$ 37,050
First disbursement convertible note amount	$ 10,000