2016 Private Placement Funding (Details Textual) - USD ($) |
3 Months Ended | 9 Months Ended | |||
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Sep. 12, 2016 |
Apr. 10, 2015 |
Sep. 30, 2016 |
Sep. 30, 2016 |
Jul. 26, 2016 |
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Series A Preferred Stock [Member] | |||||
Private Placement Funding [Line Items] | |||||
Stock Issued During Period, Shares, New Issues | 1,600,000 | 1,600,000 | |||
Shares Issued, Price Per Share | $ 5.00 | $ 5.00 | $ 5.00 | ||
Stock Issued During Period, Value, New Issues | $ 8,000,000 | ||||
Convertible Preferred Stock, Shares Issued upon Conversion | 16,000,000 | 16,000,000 | |||
2016 Private Placement Funding [Member] | |||||
Private Placement Funding [Line Items] | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.50 | $ 0.50 | |||
Placement Agent Fees | $ 800,000 | ||||
Non Accountable Expense Allowance | $ 240,000 | ||||
Warrants Issued For Purchase Of Common Stock | 1,600,000 | ||||
Stock Issued During Period, Shares, New Issues | 20,000,000 | ||||
Payment For Finder Fee Description | (a) 5% of the first $1,000,000 of the consideration paid in such transaction; plus (b) 4% of the next $1,000,000 of the consideration paid in such transaction; plus (c) 3% of the next $5,000,000 of the consideration paid in the such transaction; plus (d) 2.5% of any consideration paid in such transaction in excess of $7,000,000. |
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- Definition Represents the Non accountable expense. No definition available.
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- Definition Represent that percentage of agent fees respectively to the business combination consideration paid. No definition available.
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- Definition Represents the amount of cash fee paid to placement agent. No definition available.
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- References No definition available.
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- Definition Represents the number of warrants issued for purchase of common stock during period. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued for each share of convertible preferred stock that is converted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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