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 6 Months Ended
Dec. 09, 2019
Sep. 06, 2019
Apr. 23, 2020
Mar. 30, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Convertible Notes Payable (Textual)
Conversion of principal balance $ 74,250
Gain on debt extinguishment $ 110,408 110,408
Aggregate derivative expense 1,571,077 1,571,077 $ 890,410
Amortization of debt discount 305,438 14,142
Interest expense 216,378 $ 60,105 457,581 112,639
Securities Purchase Agreements [Member]
Convertible Notes Payable (Textual)
Maturity date Sep. 09, 2020
Principal balance $ 57,750 $ 57,750 $ 57,750 57,750
Warrant to purchase $ 144,375 $ 144,375 $ 144,375
Original principal amount $ 130,000
Interest rate 12.00% 12.00% 12.00% 12.00%
Original issue discount $ 15,000 $ 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
Issued shares of common stock 300,000
Net proceeds value $ 115,000 50,000 50,000
Embedded conversion option as derivative liabilities 583,612 583,612
Current period operations as initial derivative expense $ 245,918 $ 245,918
Convertible Promissory Notes [Member]
Convertible Notes Payable (Textual)
Interest expense related to convertible note $ 322,862 $ 76,393
Weighted average interest rate 12.70% 13.20% 12.70% 13.20%
Conversion of principal balance $ 74,250
Warrant to purchase shares of common stock 13,275,000
Warrant initial exercise price $ 0.10 $ 0.10
Accrued interest $ 28,085 $ 28,085
Aggregate derivative expense 1,338,750 1,338,750
Amortization of debt discount 295,355 $ 71,565
Interest expense 14,498
Derivative expense 744,028
Accrued fees $ 1,750 $ 1,750
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 267,250 267,250
Origination fees, net $ 2,750 $ 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