Strategic Internet Investments (SIII) 10-Q 19 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 14, 2016
Document And Entity Information
Entity Registrant Name	STRATEGIC INTERNET INVESTMENTS INC
Entity Central Index Key	53,320
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		40,359,391
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash	$ 578	$ 14,630
TOTAL ASSETS	578	14,630
Current:
Accounts payable	98,097	84,123
Accounts payable - related party	22,737	20,727
Accrued interest	13,140	10,106
Accrued interest - related party	562,491	514,760
Convertible loan payable	50,000	50,000
Loans and convertible notes payable - related party	759,329	752,726
TOTAL LIABILITIES	1,505,794	1,432,442
Stockholders' deficit:
Common stock, $0.001 par value 100,000,000 authorized 40,359,391 (2015: 40,359,391) issued and outstanding	40,359	40,359
Additional paid-in capital	12,156,359	12,156,359
Accumulated deficit	(13,702,132)	(13,614,728)
TOTAL STOCKHOLDERS' DEFICIT	(1,505,216)	(1,417,812)
TOTAL STOCKHOLDERS' DEFICIT AND LIABILITIES	578	14,630
Class A Convertible Preferred
Current:
Preferred Stock	198	198
Class B Preferred
Current:
Preferred Stock

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Common Stock, Par Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares Issued	40,359,391	40,359,391
Common Stock, Shares Outstanding	40,359,391	40,359,391
Class A Convertible Preferred
Preferred Stock, Par Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	198,000	198,000
Preferred Stock, Shares Outstanding	198,000	198,000
Class B Preferred
Preferred Stock, Par Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0

Statements Of Operations (Unaud

Statements Of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
General and Administrative Expenses
Accounting and audit fees	$ 5,671	$ 6,684	$ 25,569	$ 27,212
Consulting fees		9,000		9,000
Legal fees	197	255	473	511
Management fees	1,000	42,000	2,000	48,000
Office and general	43	6,064	200	6,326
Regulatory fees	1,732	2,054	4,461	7,424
Rent		2,913		2,913
Transfer agent fees	375	515	750	1,085
Operating loss	(9,018)	(69,485)	(33,453)	(102,471)
Other income and expense
Interest	(25,697)	(23,262)	(50,765)	(45,764)
Gain (loss) on foreign exchange	(605)	(2,868)	(3,186)	8,209
Net loss for the year	$ (35,320)	$ (95,615)	$ (87,404)	$ (140,026)
Basic and diluted loss per share	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding	40,359,391	38,491,259	40,359,391	37,709,203

Statements Of Cash Flows (Unaud

Statements Of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating Activities
Net loss for the period	$ (87,404)	$ (140,026)
Adjustments to reconcile net loss to net cash used in operating activities:
Unrealized foreign exchange loss (gain)	1,303	(2,431)
Changes in non-cash item:
Accounts payable	19,274	(16,658)
Accounts payable - related party	2,010	(71,945)
Accrued interest	3,034	2,788
Accrued interest - related party	47,731	42,976
Net cash used in operating activities	(14,052)	(185,296)
Financing Activities
Proceeds from issuance of common stock		240,000
Repayment of loans - related party		(22,945)
Net cash provided by financing activities		217,055
Change in cash during the period	(14,052)	31,759
Cash, beginning of the period	14,630	1,324
Cash, end of the period	578	33,083
Supplementary disclosure of cash flows:
Expenses paid by related party on behalf of the Company	(5,300)
Cash paid for Interest
Cash paid for Taxes

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited interim financial statements have been prepared by the Company pursuant to the rules and regulations of the United States Securities and Exchange Commission. Certain information and disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures necessary for a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring adjustments. These interim financial statements should be read in conjunction with the annual audited financial statements of the Company for the fiscal year ended December 31, 2015 included in the Company’s 10-K Annual Report as filed with the United States Securities and Exchange Commission. The results of operations for the period ended June 30, 2016 are not indicative of the results that may be expected for the full year.

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	1. Going Concern These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. At June 30, 2016, the Company had not yet achieved profitable operations, has an accumulated deficit of $13,702,132 since its inception, has a working capital deficiency of $1,505,216 and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that it requires approximately $128,000 over the twelve months ended June 30, 2017 to continue operations as well as the Company estimates it will accrue related interest expenses of $98,000 over the next 12 months on loans due to related parties. In addition to funding the Company’s general, administrative and corporate expenses the Company is obligated to address its current obligations totalling $1,505,794. To the extent that cash needs are not achieved from operating cash flow and existing cash on hand, the Company will be required to raise necessary cash through shareholder loans, equity issuances and/or other debt financing. Amounts raised will be used to continue the development of the Company's investment activities, and for other working capital purposes. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances; however there is no assurance of additional funding being available. The Company has historically satisfied its capital needs primarily by issuing equity securities. Management plans to continue to provide for its capital needs during the twelve months ended June 30, 2017, by issuing equity securities and/or related party advances.

Convertible Loan Payable

Convertible Loan Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Loan Payable	3. Convertible Loan Payable June 30, December 31, 2016 2015 Loan payable, plus accrued interest of $13,140 (2015 - $10,106), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. At any time, the lender may convert the principle amount of the loan into units of the Company, each unit consisting of one common share and one non-transferable share purchase warrant, at a conversion rate of $0.20 per unit. Each share purchase warrant entitles the holder to purchase one additional common share for a period of two years from the warrant issue date, at an exercise price of $0.20 during the first year, and $0.35 during the second year. Upon conversion of this loan, the $42,000 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. $ 50,000 $ 50,000

Loans and Convertible Loans Pay

Loans and Convertible Loans Payable - Related Party	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Loans And Convertible Notes Payable - Related Party	4. Loans and Convertible Loans Payable – related party June 30, December 31, 2016 2015 a) Loan payable to a company controlled by a director of the Company plus accrued interest of $18,909 (2015 - $17,437). The loan is unsecured, bearing interest at 12% per annum and is repayable on demand. $ 6,802 $ 4,883 b) Loans payable to a company controlled by a director of the Company. The loans are unsecured, non-interest bearing, and repayable upon demand. 326,075 326,949 c) Loans payable to a company controlled by a former director of the Company. The loans are unsecured, non-interest bearing, and repayable upon demand. 7,477 1,919 d) Loan payable to a company controlled by a former director of the Company, plus accrued interest payable of $217,140 (2015 - $198,835), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.23. The principal sum of $163,766 may be converted into 2,320,858 units. Conversion of these loans and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.23. Upon conversion of this loan, the $73,685 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. 163,766 163,766 e) Loan payable to a company controlled by a director of the Company, plus accrued interest of $326,442 (2015 - $298,488), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.12. The principal sum of $255,209 may be converted into 4,526,436 units. Conversion of this loan and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.12. Upon conversion of this loan, the $113,338 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. 255,209 255,209 $ 759,329 $ 752,726

Equity

Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Equity	5. Equity During the six months ended June 30, 2016, the Company did not issue any common shares (2015: issued 1,500,000 common shares for proceeds of $80,000). Stock-based Compensation Stock Option Plan The Company’s board of directors approved a stock option plan. Under the plan directors, employees and consultants may be granted options to purchase common stock of the Company at a price of not less than 100% of the fair market value of the stock. The total number of options granted must not exceed 15% of the outstanding common stock of the Company. The plan expires on July 1, 2017. No options were granted and no compensation expense was recorded during the periods ended June 30, 2016 and 2015. The fair value of each option grant was estimated on the date of the grant using the Black-Scholes option valuation model. The Black-Scholes option valuation model requires the input of highly subjective assumptions including the expected price volatility. Changes in the subjective input assumptions can materially affect the fair value estimate and therefore the Black-Scholes model does not necessarily provide a reliable single measure of the fair value of the Company’s share purchase options. As at June 30, 2016, the Company had share purchase options outstanding as follows: Expiry Date Exercise Price Remaining Contractual Life Number of Options October 15, 2017 $0.10 1.29 years 1,200,000 January 16, 2018 $0.12 1.55 years 2,940,000 Total options outstanding 1.47 years 4,140,000 At June 30, 2016 all of the outstanding share purchase options were exercisable.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	6. Related Party Transactions At June 30, 2016, accounts payable includes $22,737 due to a director, to a former director, and a company controlled by a director of the Company, in respect of unpaid management fees, expenses incurred on behalf of the Company, and operating costs paid on behalf of the Company. At June 30, 2016, accrued interest includes $562,491 due to companies controlled by a director and a former director of the Company. During the period ended June 30, 2016 the Company paid a director $2,000 in management fees.

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Event	7. Subsequent Event Subsequent to June 30, 2016: a) The Company entered into an agreement to acquire 100% of the issued capital stock of PG Proje Geliştirme Gayrimenkul A.S. (“PG Proje”), a Turkish company that is the owner of the AkCenter Shopping Center in Ankara, Turkey (the “AkCenter”). In consideration for the PG Proje shares, the Company issued convertible debentures in the amount of $66,000,000 to the vendors of the PG Proje shares. This is a non-arm’s length transaction as Mr. Abbas Salih is a Director and Officer, as well as the controlling shareholder, of SIII and indirectly owned a minority interest in PG Proje. b) The Company entered into an agreement with Pivotek-Akun-Alpinsaat JV (“Pivotek”) to complete certain property renovations on the AkCenter. In consideration for the property renovations, the Company issued convertible debentures in the amount of $4,400,000 to Pivotek. c) The Company entered into an agreement with Retail Square Gayrimenkul Yatrimlari Ve Danişmanlik S.A. (“Retail Square”) to act as the property manager of the AkCenter. In consideration for providing the property management services for a period of two years, the Company issued convertible debentures in the amount of $1,400,000 to Retail Square. d) The Company entered into an agreement to acquire 60% of the issued capital stock of Kayu Tekstil Sanayi Ve Ticaret Limited Sirketi (“Kayu”), a Turkish company. In consideration for the Kayu shares, the Company issued convertible debentures in the amount of $30,205,939 to the vendors of the Kayu shares. This is a non-arm’s length transaction as Mr. Abbas Salih is a Director and Officer, as well as the controlling shareholder, of SIII and has an ownership interest in and/or control of the vendors of the Kayu shares. Kayu has an agreement to acquire the Skytower Hotel Atayol in Akcakoca, Turkey, subject to the successful discharge of a debt on the Skytower property and the transfer of title to Kayu. Upon discharge of the debt on the Skytower property the Company will release convertible debentures in the amount of $12,656,768 to a Company that settled the debt. All of the above mentioned convertible debentures have the following terms: a) Non-interest bearing. b) Mature on December 31, 2021 (the “Maturity Date”). c) At any time prior to the Maturity Date, the convertible debenture holder may convert the debenture into common stock of the Company at a price of $1.00 per share. d) The convertible debenture will automatically convert into common stock upon the closing price of the Company’s common stock closing above $1.00 per share for 20 consecutive trading days. The Company has not yet determined the accounting treatment for the above mentioned series of transactions.

Convertible Loan Payable (Table

Convertible Loan Payable (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Loan Payable	June 30, December 31, 2016 2015 Loan payable, plus accrued interest of $13,140 (2015 - $10,106), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. At any time, the lender may convert the principle amount of the loan into units of the Company, each unit consisting of one common share and one non-transferable share purchase warrant, at a conversion rate of $0.20 per unit. Each share purchase warrant entitles the holder to purchase one additional common share for a period of two years from the warrant issue date, at an exercise price of $0.20 during the first year, and $0.35 during the second year. Upon conversion of this loan, the $42,000 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. $ 50,000 $ 50,000

Loans And Convertible Notes Pay

Loans And Convertible Notes Payable - Related Party (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Loans Payable	June 30, December 31, 2016 2015 a) Loan payable to a company controlled by a director of the Company plus accrued interest of $18,909 (2015 - $17,437). The loan is unsecured, bearing interest at 12% per annum and is repayable on demand. $ 6,802 $ 4,883 b) Loans payable to a company controlled by a director of the Company. The loans are unsecured, non-interest bearing, and repayable upon demand. 326,075 326,949 c) Loans payable to a company controlled by a former director of the Company. The loans are unsecured, non-interest bearing, and repayable upon demand. 7,477 1,919 d) Loan payable to a company controlled by a former director of the Company, plus accrued interest payable of $217,140 (2015 - $198,835), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.23. The principal sum of $163,766 may be converted into 2,320,858 units. Conversion of these loans and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.23. Upon conversion of this loan, the $73,685 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. 163,766 163,766 e) Loan payable to a company controlled by a director of the Company, plus accrued interest of $326,442 (2015 - $298,488), pursuant to a Convertible Loan Agreement. The loan is unsecured, bearing interest at 10% per annum and is repayable on demand. The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.12. The principal sum of $255,209 may be converted into 4,526,436 units. Conversion of this loan and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.12. Upon conversion of this loan, the $113,338 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital. 255,209 255,209 $ 759,329 $ 752,726

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Share Purchase Options Outstanding	Expiry Date Exercise Price Remaining Contractual Life Number of Options October 15, 2017 $0.10 1.29 years 1,200,000 January 16, 2018 $0.12 1.55 years 2,940,000 Total options outstanding 1.47 years 4,140,000

Convertible Loan Payable (Detai

Convertible Loan Payable (Detail) - Convertible Loan Payable - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Convertible note payable	$ 50,000	$ 50,000

4. Loans and Convertible Loans

4. Loans and Convertible Loans Payable - Related Party (Detail) - Schedule of Loans Payable - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Loans Payable Total [Member]
Loan Payable	$ 759,329		$ 752,726
Company Controlled By A Director Of The Company (a) [Member]
Loan Payable	6,802		$ 4,883
Accrued Interest	$ 18,909	$ 17,437
Interest Rate	12.00%		12.00%
Company Controlled By Director Of The Company (b) [Member]
Loan Payable	$ 326,075		$ 326,949
Company Controlled By A Former Director Of The Company (c) [Member]
Loan Payable	7,477		1,919
Company Controlled By A Former Director Of The Company (d) [Member]
Loan Payable	163,766		163,766
Accrued Interest	$ 217,140		$ 198,835
Interest Rate	10.00%		10.00%
Debt Redemption Terms	The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.23. The principal sum of $163,766 may be converted into 2,320,858 units. Conversion of these loans and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.23. Upon conversion of this loan, the $73,685 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.		The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.23. The principal sum of $163,766 may be converted into 2,320,858 units. Conversion of these loans and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.23. Upon conversion of this loan, the $73,685 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.
Company Controlled By A Former Director Of The Company (E) [Member]
Loan Payable	$ 255,209		$ 255,209
Accrued Interest	$ 326,442		$ 298,488
Interest Rate	10.00%		10.00%
Debt Redemption Terms	The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.12. The principal sum of $255,209 may be converted into 4,526,436 units. Conversion of this loan and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.12. Upon conversion of this loan, the $113,338 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.		The lender may at anytime convert the principal sum into units of the Company. Each unit will consist of one common share plus one common share purchase warrant. Each warrant is exercisable for a period of 2 years from the date of conversion at a price ranging from $0.05 to $0.12. The principal sum of $255,209 may be converted into 4,526,436 units. Conversion of this loan and resulting associated warrants to equity will be based on the conversion price set at the time the principal amount was drawn ranging from $0.05 to $0.12. Upon conversion of this loan, the $113,338 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.

Equity (Detail) - Share Purchas

Equity (Detail) - Share Purchase Options Outstanding	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Share Purchase Options
Expiry Date	Jul. 1, 2017
October 15, 2017
Share Purchase Options
Expiry Date	Oct. 15, 2017
Exercise Price | $ / shares	$ 0.10
Weighted Average Remaining Contractual Life	1 year 105 days 20 hours 24 minutes
Number of Options, Oustanding, End (in Shares)	1,200,000
January 16, 2018
Share Purchase Options
Expiry Date	Jan. 16, 2018
Exercise Price | $ / shares	$ 0.12
Weighted Average Remaining Contractual Life	1 year 200 days 18 hours
Number of Options, Oustanding, End (in Shares)	2,940,000
Total [Member]
Share Purchase Options
Weighted Average Remaining Contractual Life	1 year 171 days 13 hours 12 minutes
Number of Options, Oustanding, End (in Shares)	4,140,000

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated Deficit	$ 13,702,132	$ 13,614,728
Working Capital Deficiency	1,505,216	1,417,812
Funds Needed, over next 12 months	128,000
Estimated Accrued Interest Expenses	98,000
Current Obligations	$ 1,505,794	$ 1,432,442

Convertible Loan Payable (Det20

Convertible Loan Payable (Details Narrative) - Convertible Note [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Convertible Note, amount	$ 50,000	$ 50,000
Note, interest	10.00%	10.00%
Conversion Terms	At any time, the lender may convert the principle amount of the loan into units of the Company, each unit consisting of one common share and one non-transferable share purchase warrant, at a conversion rate of $0.20 per unit. Each share purchase warrant entitles the holder to purchase one additional common share for a period of two years from the warrant issue date, at an exercise price of $0.20 during the first year, and $0.35 during the second year. Upon conversion of this loan, the $42,000 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.	At any time, the lender may convert the principle amount of the loan into units of the Company, each unit consisting of one common share and one non-transferable share purchase warrant, at a conversion rate of $0.20 per unit. Each share purchase warrant entitles the holder to purchase one additional common share for a period of two years from the warrant issue date, at an exercise price of $0.20 during the first year, and $0.35 during the second year. Upon conversion of this loan, the $42,000 fair value of the warrants will be recognized as an interest expense and credited to additional paid-in capital.
Accrued Interest	$ 13,140	$ 10,106

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2015	Jun. 30, 2016	Dec. 31, 2015
Equity [Abstract]
Shares Issued, shares			1,500,000
Shares Issued, value			$ 80,000
Stock Option Plan
Purchase Options Price		Under the plan directors, employees and consultants may be granted options to purchase common stock of the Company at a price of not less than 100% of the fair market value of the stock. The total number of options granted must not exceed 15% of the outstanding common stock of the Company.
Number Of Options Granted Maximum of Total Outstanding Common Stock
Plan Expiration		Jul. 1, 2017
Options Granted
Compensation Expense

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Related Party Transactions [Abstract]
Accounts Payable	$ 22,737		$ 22,737
Accrued Interest	562,491		562,491		$ 514,760
Management fees	$ 1,000	$ 42,000	$ 2,000	$ 48,000

Subsequent Event (Details Narra

Subsequent Event (Details Narrative)	2 Months Ended
	Aug. 19, 2016
"PG Proje" [Member]
Event Description	The Company entered into an agreement to acquire 100% of the issued capital stock of PG Proje Gelistirme Gayrimenkul A.S. (“PG Proje”), a Turkish company that is the owner of the AkCenter Shopping Center in Ankara, Turkey (the “AkCenter”). In consideration for the PG Proje shares, the Company issued convertible debentures in the amount of $66,000,000 to the vendors of the PG Proje shares. This is a non-arm’s length transaction as Mr. Abbas Salih is a Director and Officer, as well as the controlling shareholder, of SIII and indirectly owned a minority interest in PG Proje.
"Pivotek" [Member]
Event Description	The Company entered into an agreement with Pivotek-Akun-Alpinsaat JV (“Pivotek”) to complete certain property renovations on the AkCenter. In consideration for the property renovations, the Company issued convertible debentures in the amount of $4,400,000 to Pivotek.
"Retail Square" [Member]
Event Description	The Company entered into an agreement with Retail Square Gayrimenkul Yatrimlari Ve Danismanlik S.A. (“Retail Square”) to act as the property manager of the AkCenter. In consideration for providing the property management services for a period of two years, the Company issued convertible debentures in the amount of $1,400,000 to Retail Square.
"Kayu" [Member]
Event Description	The Company entered into an agreement to acquire 60% of the issued capital stock of Kayu Tekstil Sanayi Ve Ticaret Limited Sirketi ("Kayu"), a Turkish company. In consideration for the Kayu shares, the Company issued convertible debentures in the amount of $30,205,939 to the vendors of the Kayu shares. This is a non-arm's length transaction as Mr. Abbas Salih is a Director and Officer, as well as the controlling shareholder, of SIII and has an ownership interest in and/or control of the vendors of the Kayu shares. Kayu has an agreement to acquire the Skytower Hotel Atayol in Akcakoca, Turkey, subject to the successful discharge of a debt on the Skytower property and the transfer of title to Kayu. Upon discharge of the debt on the Skytower property the Company will release convertible debentures in the amount of $12,656,768 to a Company that settled the debt. Upon transfer of the Skytower property title to Kayu, the Company will release convertible debentures in the amount of $20,137293 to acquire the remaining 40% of the capital stock of Kayu. Upon completion of this transaction SIII will own 100% of Kayu.