Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes Payable (Details Textual)

v3.20.2
Convertible Notes Payable (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Dec. 09, 2019
Sep. 06, 2019
Apr. 23, 2020
Mar. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Aug. 24, 2020
Convertible Notes Payable (Textual)
Conversion of principal balance $ 152,285
Gain on debt extinguishment $ 767,415 $ 31,009 877,823 $ 31,009
Amortization of debt discount 424,001 49,042
Interest expense $ 274,966 $ 58,421 732,547 171,060
Convertible Promissory Notes [Member]
Convertible Notes Payable (Textual)
Interest expense related to convertible note $ 551,100 $ 116,555
Weighted average interest rate 13.20% 12.80% 13.20% 12.80%
Conversion of principal balance $ 152,285
Warrant to purchase shares of common stock 37,171,800
Warrant initial exercise price $ 0.01 $ 0.01
Accrued interest $ 36,244 $ 36,244
Aggregate warrants to purchase 1,050,000 1,050,000
Fair value of the warrants $ 1,066,535
Amortization of debt discount 409,668 $ 106,465
Interest expense 14,498
Derivative expense 90,623
Repaid principal $ 393,215
Investor agreed to warrants 288,750
Convertible promissory note
Convertible Notes Payable (Textual)
Warrant initial exercise price $ 0.01 $ 0.01
Accrued interest $ 15,917 $ 15,917
Accrued fees 2,500 2,500
Securities Purchase Agreements [Member]
Convertible Notes Payable (Textual)
Convertible promissory note $ 430,000
Maturity date Sep. 09, 2020
Principal balance $ 57,750 $ 57,750
Warrant to purchase $ 144,375 $ 144,375 $ 144,375
Interest rate 12.00% 12.00% 12.00% 12.00%
Original issue discount $ 5,000 $ 5,000 $ 5,000
Origination fees, net 2,750 2,750 2,750
Debt discount charged to interest expense 85,502 85,502
Warrant initial exercise price $ 0.10
Net proceeds value 50,000 50,000
Embedded conversion option as derivative liabilities $ 69,793 $ 69,793
Current period operations as initial derivative expense $ 245,918 $ 245,918
Warrants to cancelled 144,375 144,375
Securities Purchase Agreements [Member] | Convertible Promissory Notes [Member]
Convertible Notes Payable (Textual)
Convertible promissory note $ 430,000
Debt conversion, description (i) the lowest Trading Price (as defined below) during the previous twenty-five Trading Day period ending on the latest complete Trading Day prior to the date of this Note, and (ii) the Variable Conversion Price (as defined below) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Company). The "Variable Conversion Price" shall mean 60% multiplied by the Market Price (as defined herein) (representing a discount rate of 40%). "Market Price" means the lowest Trading Price (as defined below) for the Company's common stock during the twenty-five Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.
Maturity date Jun. 06, 2020
Original issue discount $ 45,000 $ 45,000
Received net proceeds 382,250 382,250
Origination fees, net $ 2,750 $ 2,750
Warrant to purchase shares of common stock 1,050,000 1,050,000
Warrant initial exercise price $ 0.10
Net proceeds value $ 267,250 $ 267,250
Net of origination fees $ 2,750 $ 2,750