Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes Payable (Details Textual)

v3.20.1
Convertible Notes Payable (Details Textual) - USD ($)
1 Months Ended 3 Months Ended
Dec. 09, 2019
Sep. 06, 2019
Jun. 06, 2017
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Convertible Notes Payable (Textual)
Aggregate derivative expense $ 1,310,654 $ 890,410
Amortization of debt discount 148,917 $ 2,883
Interest expense 241,203 52,534
Securities Purchase Agreements [Member]
Convertible Notes Payable (Textual)
Maturity date Sep. 09, 2020
Principal balance 57,750
Warrant to purchase $ 144,375
Original principal amount $ 130,000
Interest rate 12.00% 12.00%
Original issue discount $ 15,000 $ 5,000
Origination fees, net 2,750
Issued shares of common stock 300,000
Net proceeds value $ 115,000 50,000
Convertible Promissory Notes [Member]
Convertible Notes Payable (Textual)
Convertible promissory note $ 130,000
Accrued interest rate 12.00%
Interest expense related to convertible note $ 156,236 34,547
Weighted average interest rate 14.70% 8.50%
Warrant to purchase shares of common stock 1,050,000
Warrant initial exercise price $ 0.10
Net proceeds value $ 320,351
Aggregate derivative expense 1,194,375
Fair value of the warrants 61,899
Amortization of debt discount 143,334 $ 2,883
Interest expense 8,676
Current period operations as initial derivative expense 273,297
Derivative expense $ 378,920
Convertible Promissory Notes [Member] | Securities Purchase Agreements [Member]
Convertible Notes Payable (Textual)
Convertible promissory note 300,000 $ 300,000
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
Principal balance $ 130,000
Interest rate 12.00% 12.00%
Original issue discount $ 30,000 $ 30,000
Received net proceeds 267,250
Origination fees, net $ 2,750
Warrant to purchase shares of common stock 750,000 750,000
Warrant initial exercise price $ 0.10
Net proceeds value $ 267,250 $ 267,250
Net of origination fees $ 2,750 $ 2,750