World Moto (FARE) 10-Q 3 Apr 17 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Mar. 18, 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	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,490,145,045

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 1,696	$ 14,772
Prepaid expenses and other current assets	21,545	15,588
Total current assets	23,241	30,360
Property and equipment, net of accumulated depreciation	24,270	28,106
Other assets	10,326	10,077
TOTAL ASSETS	57,837	68,543
Current liabilities:
Accounts payable and accrued expenses	540,319	524,792
Convertible notes payable, net of discount of $396,351 and $140,561, respectively, and net of deferred financing costs of $17,633 and $5,651, respectively	279,612	271,810
Derivative note liabilities	1,205,323	611,793
Short-term debt - related party	18,370	29,612
Unearned revenues	56,928	56,160
Total current liabilities	2,100,552	1,494,167
Long term convertible notes payable, net of discount of $249,597 and $402,754, respectively, and net of deferred financing costs of $14,899 and $20,090 respectively	13,450	4,859
Long-term derivative liabilities	402,883	442,915
Total liabilities	2,516,885	1,941,941
Stockholders' deficit:
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; 5,000,000 shares issued and outstanding	500	500
Common stock, $0.0001 par value, 2,000,000,000 shares authorized; 1,490,145,045 and 966,778,980 shares issued and outstanding, respectively	149,014	96,678
Additional paid-in capital	4,734,819	4,288,698
Accumulated deficit	(7,318,920)	(6,235,125)
Other comprehensive loss	(24,461)	(24,149)
Total stockholders' deficit	(2,459,048)	(1,873,398)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 57,837	$ 68,543

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Convertible notes payable, net of discount, current	$ 396,351	$ 140,561
Deferred financing costs, current	17,633	5,651
Convertible notes payable, net of discount, non current	249,597	402,754
Deferred financing costs, non current	$ 14,899	$ 20,090
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	5,000,000	5,000,000
Preferred stock, shares outstanding	5,000,000	5,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	1,490,145,045	966,778,980
Common stock, shares outstanding	1,490,145,045	966,778,980

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Operations [Abstract]
Revenues
Operating expenses
Research & development	29,236	121,649	83,395	224,474
General and administrative	68,261	256,065	158,973	355,315
Total operating expense	97,497	377,714	242,368	579,789
Loss from operations	(97,497)	(377,714)	(242,368)	(579,789)
Other income (expense):
Interest expense	(141,069)	(519,979)	(426,926)	(843,149)
Other income	354		6,254
Change in fair value of derivative liabilities	(537,098)	547,608	(397,064)	194,801
Loss on debt settlement	(13,921)		(23,691)
Foreign exchange (gain) loss		(8,706)		(9,155)
Total other income (expense)	(691,734)	18,923	(841,427)	(657,503)
Net loss	(789,231)	(358,791)	(1,083,795)	(1,237,292)
Other comprehensive income (loss):
Foreign currency translations	(51)	(8,706)	(312)	(9,155)
Comprehensive loss	$ (789,282)	$ (367,497)	$ (1,084,107)	$ (1,246,447)
Net loss per common share - basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted average common shares outstanding - basic and diluted	1,315,100,620	459,543,354	1,135,100,620	437,598,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,083,795)	$ (1,237,292)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	4,483	4,222
Fair value of derivative in excess of debts	67,711	282,849
Amortization of debt discount and deferred financing cost	338,616	513,253
Change in fair value of derivative liability	397,064	(194,801)
Loss on settlement of debt	23,691
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(5,935)	(889)
Inventory		(2,189)
Accounts payable and accrued expenses	31,993	219,274
Net cash used in operating activities	(226,172)	(415,573)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of related party debt	(17,346)
Payment on debt settlement	(49,139)
Proceeds from related party advance	6,104	13,490
Proceeds from convertible notes, net of financing costs	273,789	244,169
Net cash provided by financing activities	213,408	257,659
EFFECT OF FOREIGN CURRENCY TRANSLATIONS	(312)	(9,155)
Net change in cash and cash equivalents	(13,076)	(167,069)
Cash and cash equivalent at beginning of the period	14,772	169,265
Cash and cash equivalent at end of the period	1,696	2,196
Cash paid for:
Income tax
Interest
NONCASH INVESTING AND FINANCING ACTIVITIES:
Shares issued for conversion of debt	413,187	625,870
Derivative liabilities from issuance of convertible debt	369,903
Debt issued for non-cash	36,746
Fair value of conversion feature of convertible debt classified as derivative liabilities		278,044
Reclassification of fair value of derivatives from liabilities to equity		$ 727,857

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 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 designs, manufactures, markets and sells Moto-Meter products and services that include 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, 2014. 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 June 30, 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 June 30, 2016 are not necessarily indicative of the results to be expected for any subsequent quarters or for the entire year ending December 31, 2015. 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 an original 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 June 30, 2016. Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 1,608,206 $ 1,608,206 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	6 Months Ended
	Jun. 30, 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 $7,318,920 as of June 30, 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	6 Months Ended
	Jun. 30, 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 $21,928 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	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 – RELATED PARTY TRANSACTIONS At June 30, 2016 and December 31, 2015, the Company has short-term debt of $18,370 and $29,612, respectively, due to one of its majority shareholders. During the six months ended June 30, 2016, the Company repaid $17,346 of the related party debt and received proceeds of $6,104. During the six months ended June 30, 2015, the Company repaid $0 of related party debt. The loan is accruing interest at a rate of 0%.

Convertible Notes Payable

Convertible Notes Payable	6 Months Ended
	Jun. 30, 2016
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 5 – CONVERTIBLE NOTES PAYABLE On January 11, 2016, the Company entered into a 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 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 third 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 fourth 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 fifth 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 sixth convertible note with Union Capital Backend Note #14 for an aggregate principal amount of $66,750. The note earns an interest rate equal to 8% per annum and matures on March 31, 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 May 20, 2016, the Company entered into a third 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 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 January 11, 2016 the company entered into a backend convertible note with Union Capital, Union Capital Note #8. On May 23, 2016, the company received the first disbursement #1 of the note in the amount of $10,188. The first disbursement earns an interest rate equal to 8% per annum and matures on May 23, 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. Pursuant to this note, the Company recorded a debt discount of $10,188, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $14,630 at the issuance date. On June 24, 2016, the Company received second and third disbursements #2 & #3 of the backend convertible note, Union Capital note #8 in the amount of $10,000. The disbursement #2 & #3 earns an interest rate equal to 8% per annum and matures on June 24, 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. Pursuant to this note, the Company recorded a debt discount of $10,000, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $14,281 at the issuance date. On May 20, 2016, the Company entered into a backend convertible note with GW Holding Group, Note #4 for an aggregate principal amount of $37,050. On June 24, 2016 The Company received the first disbursement #1 of this note in the amount of $10,945. The disbursement earns an interest rate equal to 10% per annum and matures on June 24, 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 six months ended June 30, 2016 is as follows: Carrying value of Convertible Notes at December 31, 2015 $ 276,669 Additional principal 324,932 Total principal 601,601 Less: conversion of principal (199,114 ) Less: discount related to fair value of the embedded conversion feature (411,284 ) Less: deferred financing cost related to debt issuances (25,302 ) Less: discount related to original issue discount (11,445 ) Add: amortization of deferred financing cost 18,510 Add: amortization of discount 320,106 Carrying value of Convertible Notes at June 30, 2016 $ 293,073 Less: short-term portion 279,612 Long-term convertible notes payable $ 13,450

Derivative Liabilities

Derivative Liabilities	6 Months Ended
	Jun. 30, 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 June 30, 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 June 30, 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 six months ended June 30, 2016 is summarized as: Fair value of derivatives December 31, 2015 $ 1,054,708 New issuances 369,903 Conversion and replacement of derivative liabilities (213,469 ) Change in fair value of derivative liabilities 397,064 Fair value of derivative liabilities at June 30, 2016 $ 1,608,206

Equity Transactions

Equity Transactions	6 Months Ended
	Jun. 30, 2016
Equity Transactions [Abstract]
EQUITY TRANSACTIONS	NOTE 7 – EQUITY TRANSACTIONS During the six months ended June 30, 2016, the Company issued 523,366,065 shares of common stock for the conversion of notes payable and accrued interest in the amount of $498,458. The Company recorded $446,121 as increase in additional paid-in capital as a result of the conversions.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS On August 11, 2016, the Company received the second disbursement #2 of the May 20, 2016 GW Holdings Group Backend Note #4 in the amount of $5,746. The disbursement earns an interest rate equal to 10% per annum and matures on August 11, 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 August 11, 2016, the Company received the forth disbursement #4 of the May 23, 2016 Union Capital note in the amount of $5,250. The fourth disbursement earns an interest rate equal to 8% per annum and matures on August 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. Pursuant to this note, the Company recorded a debt discount of $4,782, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $4,782 at the issuance date. On September 1, 2016, the Company received the third disbursement #3 of the May 20, 2016 GW Holdings Group Backend Note #4 in the amount of $2,939. The disbursement earns an interest rate equal to 10% per annum and matures on September 1, 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 September 1, 2016, the Company received the fifth disbursement #5 of the May 23, 2016 Union Capital note in the amount of $2,685. The fourth disbursement earns an interest rate equal to 8% per annum and matures on September 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 date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging. Pursuant to this note, the Company recorded a debt discount of $2,685, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $2,685 at the issuance date.

Summary of Significant Accoun14

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 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 designs, manufactures, markets and sells Moto-Meter products and services that include 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, 2014. 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 June 30, 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 June 30, 2016 are not necessarily indicative of the results to be expected for any subsequent quarters or for the entire year ending December 31, 2015. 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 an original 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 June 30, 2016. Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 1,608,206 $ 1,608,206
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 Accoun15

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]
Schedule of fair value hierarchy the company's financial assets and liabilities	Level 1 Level 2 Level 3 Total Liabilities Derivative liability $ - $ - $ 1,608,206 $ 1,608,206

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2016
Convertible Notes Payable [Abstract]
Summary of value changes to notes	Carrying value of Convertible Notes at December 31, 2015 $ 276,669 Additional principal 324,932 Total principal 601,601 Less: conversion of principal (199,114 ) Less: discount related to fair value of the embedded conversion feature (411,284 ) Less: deferred financing cost related to debt issuances (25,302 ) Less: discount related to original issue discount (11,445 ) Add: amortization of deferred financing cost 18,510 Add: amortization of discount 320,106 Carrying value of Convertible Notes at June 30, 2016 $ 293,073 Less: short-term portion 279,612 Long-term convertible notes payable $ 13,450

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Liabilities [Abstract]
Summary of multinomial lattice option pricing model	December 31, New June 30, 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 369,903 Conversion and replacement of derivative liabilities (213,469 ) Change in fair value of derivative liabilities 397,064 Fair value of derivative liabilities at June 30, 2016 $ 1,608,206

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Details)	Jun. 30, 2016USD ($)
Liabilities
Derivative liability	$ 1,608,206
Level 1 [Member]
Liabilities
Derivative liability
Level 2 [Member]
Liabilities
Derivative liability
Level 3 [Member]
Liabilities
Derivative liability	$ 1,608,206

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Details Textual)	6 Months Ended
	Jun. 30, 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 ($)	Jun. 30, 2016	Dec. 31, 2015
Going Concern (Textual)
Accumulated deficit	$ 7,318,920	$ 6,235,125

Unearned Revenues (Details)

Unearned Revenues (Details) - Mobile Advertising Ventures Ltd. [Member] - USD ($)	Mar. 10, 2014	Dec. 02, 2013	Dec. 31, 2013
Unearned Revenues (Textual)
Unearned revenues			$ 35,000
Payments to software and other trademarks	$ 21,928
PL Agreement [Member]
Unearned Revenues (Textual)
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.

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Related Party Transactions (Textual)
Short-term related party debt due	$ 18,370		$ 29,612
Repaid of related party debt	17,346
Received proceeds from related party debt	$ 6,104	$ 13,490
Accrued interest rate	0.00%

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($)	6 Months Ended
	Jun. 30, 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 June 30, 2016	279,612
Less: short-term portion	13,450	$ 4,859
Convertible Notes Payable [Member]
Short-term Debt [Line Items]
Carrying value of Convertible Notes at December 31, 2015	276,669
Additional principal	324,932
Total principal	601,601
Less: conversion of principal	(199,114)
Less: discount related to fair value of the embedded conversion feature	(411,284)
Less: deferred financing cost related to debt issuances	(25,302)
Less: discount related to original issue discount	(11,445)
Add: amortization of deferred financing cost	18,510
Add: amortization of discount	320,106
Carrying value of Convertible Notes at June 30, 2016	293,073
Less: short-term portion	279,612
Long-term convertible notes payable	$ 13,450

Convertible Notes Payable (De24

Convertible Notes Payable (Details Textual) - USD ($)	Sep. 01, 2016	Aug. 11, 2016	Feb. 01, 2016	Jan. 11, 2016	Jun. 24, 2016	May 23, 2016	May 20, 2016	Mar. 30, 2016	Feb. 19, 2016	Jan. 25, 2016	Jun. 30, 2016
Debt Instrument [Line Items]
Interest rate											0.00%
Union Capital [Member] | Subsequent Events [Member]
Debt Instrument [Line Items]
Aggregate principal amount	$ 2,685	$ 5,250
Interest rate	8.00%	8.00%
Maturity date	Sep. 1, 2017	Aug. 11, 2017
Convertible note percentage	60.00%	60.00%
Debt discount	$ 2,685	$ 4,782
Fair value of conversion feature	$ 2,685	$ 4,782
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%
Maturity date				Jan. 11, 2017
Convertible note percentage				60.00%
Trading days				20 days
Debt discount				$ 31,639
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%
Maturity date									Feb. 19, 2017
Convertible note percentage									52.00%
Trading days									20 days
Debt discount									$ 38,000
Fair value of conversion feature									$ 43,582
Convertible Note Two [Member]
Debt Instrument [Line Items]
Fair value of conversion feature				71,576
Convertible Note Two [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate principal amount				$ 71,631
Interest rate				8.00%
Maturity date				Jan. 11, 2017
Convertible note percentage				60.00%
Trading days				20 days
Debt discount				$ 67,800
Fair value of conversion feature				$ 67,800
Convertible Note Two [Member] | Gw Holding Group [Member]
Debt Instrument [Line Items]
Aggregate principal amount								$ 30,000
Interest rate								10.00%
Maturity date								Mar. 30, 2017
Convertible note percentage								52.00%
Trading days								20 days
Debt discount								$ 30,000
Fair value of conversion feature								35,616
Convertible Note Three [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate principal amount										$ 25,963
Interest rate										8.00%
Maturity date										Jan. 25, 2017
Convertible note percentage										60.00%
Trading days										20 days
Debt discount										$ 25,322
Fair value of conversion feature										25,322
Convertible Note Three [Member] | Gw Holding Group [Member]
Debt Instrument [Line Items]
Aggregate principal amount							$ 37,050
Interest rate							10.00%
Maturity date							May 20, 2017
Convertible note percentage							52.00%
Trading days							20 days
Debt discount							$ 37,050
Fair value of conversion feature							64,876
Convertible Note Four [Member]
Debt Instrument [Line Items]
Fair value of conversion feature										38,880
Convertible Note Four [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate principal amount										$ 46,765
Interest rate										8.00%
Maturity date										Jan. 11, 2017
Convertible note percentage										60.00%
Trading days										20 days
Debt discount										$ 41,292
Fair value of conversion feature										$ 41,292
Convertible Note Five [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate principal amount			$ 60,000
Interest rate			8.00%
Maturity date			Feb. 1, 2017
Convertible note percentage			60.00%
Trading days			20 days
Debt discount			$ 55,884
Fair value of conversion feature			$ 55,884
Convertible Note Six [Member] | Union Capital Backend [Member]
Debt Instrument [Line Items]
Aggregate principal amount								$ 66,750
Interest rate								8.00%
Maturity date								Mar. 31, 2017
Convertible note percentage								60.00%
Trading days								20 days
Debt discount								$ 64,609
Fair value of conversion feature								$ 64,609
Backend Convertible Note [Member] | Union Capital [Member]
Debt Instrument [Line Items]
Aggregate principal amount					$ 10,000	$ 10,188
Interest rate					8.00%	8.00%
Maturity date					Jun. 24, 2017	May 23, 2017
Convertible note percentage					60.00%	60.00%
Trading days					20 days	20 days
Debt discount					$ 10,000	$ 10,188
Fair value of conversion feature					14,281	$ 14,630
Backend Convertible Note [Member] | Gw Holding Group [Member]
Debt Instrument [Line Items]
Aggregate principal amount					$ 10,945		$ 37,050
Interest rate					10.00%
Maturity date					Jun. 24, 2017
Convertible note percentage					52.00%
Trading days					20 days
Debt discount					$ 10,945
Fair value of conversion feature					$ 18,271

Derivative Liabilities (Details

Derivative Liabilities (Details) - $ / shares		6 Months Ended	12 Months Ended
		Jun. 30, 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 (Detai26

Derivative Liabilities (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Liabilities [Abstract]
Fair value of derivatives, Beginning balance			$ 1,054,708
New issuances			369,903
Conversion and replacement of derivative liabilities			(213,469)
Change in fair value of derivative liabilities	$ 537,098	$ (547,608)	397,064	$ (194,801)
Fair value of derivative liabilities, Ending balance	$ 1,608,206		$ 1,608,206

Equity Transactions (Details)

Equity Transactions (Details)	6 Months Ended
	Jun. 30, 2016USD ($)shares
Equity Transactions (Textual)
Shares of convertible notes payable | shares	523,366,065
Accrued interest	$ 498,458
Increase in additional paid-in capital	$ 446,121

Subsequent Events (Details)

Subsequent Events (Details)	Sep. 01, 2016USD ($)Tradingdays	Aug. 11, 2016USD ($)Tradingdays	Jun. 30, 2016
Subsequent Events (Textual)
Interest rate			0.00%
Subsequent Event [Member] | Union Capital Note [Member]
Subsequent Events (Textual)
Aggregate principal amount	$ 2,685	$ 5,250
Interest rate	8.00%	8.00%
Maturity date	Sep. 1, 2017	Aug. 11, 2017
Convertible note percentage	60.00%	60.00%
Trading days | Tradingdays	20	20
Debt discount	$ 2,685	$ 4,782
Fair value of conversion feature	2,685	4,782
Subsequent Event [Member] | GW Holding Group [Member] | Note 4 [Member]
Subsequent Events (Textual)
Aggregate principal amount	$ 2,939	$ 5,746
Interest rate	10.00%	10.00%
Maturity date	Sep. 1, 2017	Aug. 11, 2017
Convertible note percentage	52.00%	52.00%
Trading days | Tradingdays	20	20
Debt discount	$ 2,939	$ 5,746
Fair value of conversion feature	$ 3,029	$ 6,074