NOTES PAYABLE (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 14, 2017 |
Jan. 31, 2018 |
Dec. 31, 2016 |
Apr. 21, 2016 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Mar. 31, 2017 |
Jan. 15, 2017 |
Feb. 28, 2014 |
|
Debt Instrument [Line Items] | |||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 1.50% | 1.50% | |||||||||
Due to Officers or Stockholders | $ 4,999,975 | $ 4,999,975 | |||||||||
Fair Value Assumptions, Expected Volatility Rate | 114.00% | ||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 1.59% | ||||||||||
Warrants Not Settleable in Cash, Fair Value Disclosure | 548,178 | 548,178 | |||||||||
Accretion Expense | 216,302 | $ 0 | 290,375 | $ 0 | |||||||
Short-term Debt | 50,000 | 50,000 | $ 330,600 | ||||||||
Proceeds from Related Party Debt | 400,000 | 0 | |||||||||
Interest Expense, Related Party | $ 2,400 | 0 | 2,400 | 0 | |||||||
Proceeds from Convertible Debt | $ 4,699,975 | 483,333 | |||||||||
Warrant [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Fair Value Assumptions, Exercise Price | $ 0.25 | $ 0.25 | |||||||||
Fair Value Assumptions, Expected Volatility Rate | 114.00% | ||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 1.91% | ||||||||||
Fair Value Assumptions, Expected Term | 5 years | ||||||||||
Fair Value Measurements, Valuation Techniques | binomial valuation model | ||||||||||
Convertible Debt [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||
Interest Expense, Debt | $ 381,429 | $ 587,699 | |||||||||
Debt Instrument, Face Amount | $ 1,500,000 | 1,500,000 | 1,500,000 | 2,000,000 | |||||||
Debt Instrument, Maturity Date | Nov. 15, 2017 | ||||||||||
Debt Instrument, Convertible, Terms of Conversion Feature | upon the consummation of an equity or equity-linked round of with an aggregate gross proceeds of $7,000,000, without any action on part of the Holder, the outstanding principal, accrued and unpaid interest and premium amount equal to (25%) of the principal amount less the accrued and unpaid interest, will be converted into shares of new round stock based upon the lesser of (a) the lowest issuance (or conversion) price of new round stock in case there is more than one tranche of new round stock or (b) ($0.25). | The convertible loans contain the following terms: convertible at the option of the holder at the price of the equity financing or payable on demand upon the completion of an equity financing greater than $5,000,000; automatically convertible at the price of the equity financing upon completion of an equity financing between $3,500,000 and $5,000,000 | On the maturity date, without any action on the part of the Holder, the outstanding principal and accrued and unpaid interest under the notes will be converted into shares of new round stock based upon a (15%) discount to the lesser of (i) (A) the VWAP average of the last 30 days ending on the closing of the qualified financing (or, in the event of multiple closings, the lowest VWAP average of the last 30 days ending on each closing of a qualified financing) in the event of a maturity date referred to in clause (b) of the definition thereof, or (B) the VWAP average of the last 30 days before the maturity date in the event of a maturity date referred to in clause (a) of the definition thereof, and (ii) ($0.18). | ||||||||
Debt Instrument Monthly Interest Rate | 3.00% | ||||||||||
Debt Instrument Principal Percentage | 20.00% | ||||||||||
Debt Instrument, Convertible, Conversion Price | $ 0.25 | ||||||||||
Proceeds from Contributions from Affiliates | $ 2,999,975 | ||||||||||
Accretion Expense | $ 290,375 | ||||||||||
Debt Instrument, Interest Rate Terms | These convertible loans bear interest at a fixed rate of 3% per month until the earlie of (a) January 31, 2018 and (b) the consummation of a qualified financing defined as gross proceeds of no less than $7,000,000 and up to $14,000,000 raised in one or more tranches. | ||||||||||
Proceeds from Convertible Debt | $ 1,200,000 | ||||||||||
Convertible Loans Payable [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Interest Payable, Current | 17,488 | ||||||||||
Convertible Debt One [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Interest Expense, Debt | 8,800 | 8,800 | |||||||||
Proceeds from Contributions from Affiliates | 1,200,000 | ||||||||||
First Tranches [Member] | Convertible Debt [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Debt Instrument, Face Amount | $ 500,000 | 500,000 | 500,000 | ||||||||
Second Tranches [Member] | Convertible Debt [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Debt Instrument, Face Amount | $ 500,000 | ||||||||||
Third Tranches [Member] | Convertible Debt [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Debt Instrument, Face Amount | 500,000 | ||||||||||
Subsequent Event [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Repayments of Related Party Debt | $ 3,200 | ||||||||||
IMT Notes [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Notes Payable | 50,000 | 50,000 | $ 330,600 | ||||||||
Interest Expense, Debt | 2,309 | 2,367 | 7,018 | 3,467 | |||||||
Promissory Note [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Notes Payable | $ 200,000 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||
Interest Expense, Debt | 3,059 | $ 5,041 | 12,957 | $ 13,973 | |||||||
Joint Venture Partner [Member] | Convertible Debt [Member] | |||||||||||
Debt Instrument [Line Items] | |||||||||||
Interest Expense, Debt | $ 10,082 | $ 23,693 | |||||||||
Debt Instrument, Convertible, Terms of Conversion Feature | the Companys Chinese joint venture partners loaned the Company $500,000 at an interest rate of 8% convertible into the Companys common shares upon a capital raise (Qualified Financing) where gross proceeds exceed $3,000,000 at the lesser of $0.50 and the quotient of the outstanding balance on the conversion date by the price of the Qualified Financing. Additionally, the holders are entitled to warrants equaling 25% of the number of conversion shares to be issued at conversion. |