Cover
Cover - shares | 6 Months Ended | |
Jun. 30, 2021 | Aug. 16, 2021 | |
Cover [Abstract] | ||
Entity Registrant Name | DIGITAL LOCATIONS, INC. | |
Entity Central Index Key | 0001407878 | |
Document Type | 10-Q | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Entity Small Business | true | |
Entity Shell Company | false | |
Entity Emerging Growth Company | false | |
Entity Current Reporting Status | Yes | |
Document Period End Date | Jun. 30, 2021 | |
Entity Filer Category | Non-accelerated Filer | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2021 | |
Entity Common Stock Shares Outstanding | 198,845,869 | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Entity Interactive Data Current | Yes | |
Entity File Number | 000-54817 | |
Entity Incorporation State Country Code | NV | |
Entity Tax Identification Number | 20-5451302 | |
Entity Address Address Line 1 | 3700 State Street | |
Entity Address Address Line 2 | Suite 350 | |
Entity Address City Or Town | Santa Barbara | |
Entity Address State Or Province | CA | |
Entity Address Postal Zip Code | 93105 | |
City Area Code | 805 | |
Local Phone Number | 456-7000 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Current assets: | ||
Cash | $ 67,188 | $ 18,605 |
Accounts receivable | 1,144 | 0 |
Total current assets | 68,332 | 18,605 |
Other assets: | ||
Intangible assets, net | 9,000 | 0 |
Goodwill | 2,096,089 | 0 |
Total assets | 2,173,421 | 18,605 |
Current liabilities: | ||
Accounts payable | 147,133 | 168,946 |
Accounts payable - related party | 60,000 | 80,000 |
Accrued expenses and other current liabilities | 7,673 | 3,947 |
Accrued interest, notes payable | 50,993 | 820,584 |
Derivative liabilities | 6,806,138 | 11,282,091 |
Convertible note payable, in default | 29,500 | 29,500 |
Convertible notes payable - related parties ($25,980 in default) | 58,600 | 58,600 |
Convertible notes payable, net of discount of $164,120 and $119,419, at June 30, 2021 and December 31, 2020, respectively | 81,025 | 2,501,927 |
PPP loan payable | 0 | 9,501 |
Total current liabilities | 7,241,062 | 14,955,096 |
Long-term liabilities - convertible notes payable, net of discount of $327,385 and $0, at June 30, 2021 and December 31, 2020, respectively | 672,615 | 0 |
Total liabilities | 7,913,677 | 14,955,096 |
Stockholders' deficit: | ||
Common stock, $0.001 par value; 2,000,000,000 shares authorized, 184,279,404 and 133,337,561 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively | 184,279 | 133,338 |
Additional paid-in capital | 41,642,154 | 21,437,708 |
Accumulated deficit | (52,549,489) | (38,013,037) |
Total stockholders' deficit | (10,723,056) | (16,441,991) |
Total liabilities, mezzanine and stockholders' deficit | 2,173,421 | 18,605 |
Sereies E Preferred Stock [Member] | ||
Stockholders' deficit: | ||
Preferred stock value | 3,490,000 | 0 |
Preferred Stock Series B Member [Member] | ||
Stockholders' deficit: | ||
Preferred stock value | $ 1,492,800 | $ 1,505,500 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Current liabilities | ||
Convertible notes payable - related parties - in default | $ 25,980 | $ 25,980 |
Convertible notes payable, net of discount | 164,120 | 119,419 |
Long-term liabilities - convertible notes payable, net of discount | $ 327,385 | $ 0 |
Stockholders' deficit | ||
Common stock, shares par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 2,000,000,000 | 2,000,000,000 |
Common stock, shares issued | 184,279,404 | 133,337,561 |
Common stock, shares outstanding | 184,279,404 | 133,337,561 |
Preferred stock, shares par value | $ 0.001 | $ 0.001 |
Preferred Stock Series E [Member] | ||
Stockholders' deficit | ||
Preferred stock, shares par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred Stock Shares Issued | 34,900 | 0 |
Preferred Stock Shares Outstanding | 34,900 | 0 |
Preferred Stock Series B [Member] | ||
Stockholders' deficit | ||
Preferred stock, shares par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred Stock Shares Issued | 14,928 | 15,055 |
Preferred Stock Shares Outstanding | 14,928 | 15,055 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Condensed Consolidated Statements of Operations (Unaudited) | ||||
Revenues | $ 4,906 | $ 0 | $ 11,244 | $ 0 |
Operating expenses: | ||||
General and administrative | 513,131 | 79,292 | 1,248,079 | 172,586 |
Depreciation and amortization | 500 | 270 | 1,000 | 324 |
Total operating expenses | 513,631 | 79,562 | 1,249,079 | 172,910 |
Loss from operations | (508,725) | (79,562) | (1,237,835) | (172,910) |
Other income (expense): | ||||
Interest expense | (349,043) | (155,481) | (512,503) | (347,645) |
Gain (loss) on change in derivative liabilities | 13,010,236 | (736,625) | 3,694,893 | (826,588) |
Loss on extinguishment of debt | (16,490,508) | 0 | (16,490,508) | 0 |
Gain on forgiveness of PPP loan | 9,501 | 0 | 9,501 | 0 |
Total other income (expense) | (3,819,814) | (892,106) | (13,298,617) | (1,174,233) |
Loss before income taxes | (4,328,539) | (971,668) | (14,536,452) | (1,347,143) |
Provision for income taxes | 0 | 0 | 0 | 0 |
Net loss | $ (4,328,539) | $ (971,668) | $ (14,536,452) | $ (1,347,143) |
Weighted average number of common shares outstanding - basic and diluted | 174,373,718 | 17,641,667 | 165,324,147 | 11,378,418 |
Net loss per common share - basic and diluted | $ (0.03) | $ (0.06) | $ (0.03) | $ (0.12) |
Condensed Consolidated Statem_2
Condensed Consolidated Statement of Stockholders Deficit (Unaudited) - USD ($) | Total | Series B Preferred Stock [Member] | Common Stock [Member] | Series D Preferred Stock [Member] | Additional Paid-In Capital | Accumulated Deficit | Series E, Preferred Stock [Member] | Series D, Preferred Stock [Member] |
Balance, shares at Dec. 31, 2019 | 16,155 | 1,049,380 | 1,000 | |||||
Balance, amount at Dec. 31, 2019 | $ (10,942,642) | $ 1,615,500 | $ 1,049 | $ 1 | $ 24,322,150 | $ (35,265,842) | ||
Issuance of common stock for conversion of notes payable and accrued interest payable, shares | 40,677,465 | 40,677,465 | ||||||
Issuance of common stock for conversion of notes payable and accrued interest payable, amount | $ 98,020 | $ 0 | $ 40,677 | 0 | 57,343 | 0 | $ 0 | |
Issuance of common stock for conversion of Series B preferred stock, shares | (1,100) | 9,777,778 | ||||||
Issuance of common stock for conversion of Series B preferred stock, amount | 110,000 | $ (110,000) | $ 9,778 | 0 | 100,222 | 0 | 0 | |
Reverse split rounding of shares, shares | 2,605 | |||||||
Reverse split rounding of shares, amount | 0 | 0 | $ 3 | $ 0 | (3) | 0 | ||
Redemption of Series D preferred stock, shares | (1,000) | |||||||
Redemption of Series D preferred stock, amount | 0 | 0 | $ (1) | 1 | 0 | |||
Settlement of derivative liabilities | 311,547 | 0 | 0 | 311,547 | 0 | $ 0 | ||
Net loss | (1,347,143) | $ 0 | $ 0 | 0 | 0 | (1,347,143) | ||
Balance, shares at Jun. 30, 2020 | 15,055 | 51,507,228 | ||||||
Balance, amount at Jun. 30, 2020 | (11,770,218) | $ 1,505,500 | $ 51,507 | 0 | 24,791,260 | (36,612,985) | ||
Balance, shares at Dec. 31, 2020 | 15,055 | 133,337,561 | ||||||
Balance, amount at Dec. 31, 2020 | (16,441,991) | $ 1,505,500 | $ 133,338 | 21,437,708 | (38,013,037) | $ 0 | 0 | |
Issuance of common stock for conversion of notes payable and accrued interest payable, shares | 37,606,169 | |||||||
Issuance of common stock for conversion of notes payable and accrued interest payable, amount | 185,480 | $ 0 | $ 37,605 | 147,875 | 0 | 0 | ||
Issuance of common stock for conversion of Series B preferred stock, shares | (127) | 8,466,667 | ||||||
Issuance of common stock for conversion of Series B preferred stock, amount | 12,700 | $ (12,700) | $ 8,467 | 4,233 | 0 | 0 | ||
Settlement of derivative liabilities | 3,617,188 | 0 | 0 | 3,617,188 | 0 | 0 | ||
Net loss | (14,536,452) | 0 | $ 0 | 0 | (14,536,452) | 0 | ||
Issuance of common stock for services, shares | 4,869,007 | |||||||
Issuance of common stock for services, amount | 143,000 | 0 | $ 4,869 | 138,131 | 0 | 0 | ||
Issuance of Series E preferred stock for conversion of notes payable and accrued interest payable, shares | 34,900 | |||||||
Issuance of Series E preferred stock for conversion of notes payable and accrued interest payable, amount | 16,490,504 | 0 | 0 | 16,490,504 | 0 | $ 3,490,000 | 0 | |
Issuance of consultant stock options | (998,134) | 0 | $ 0 | (998,134) | 0 | $ 0 | ||
Vesting of consultant stock options | 804,649 | $ 0 | $ 0 | 804,649 | 0 | 0 | ||
Balance, shares at Jun. 30, 2021 | 14,928 | 184,279,404 | 34,900 | |||||
Balance, amount at Jun. 30, 2021 | $ (10,723,056) | $ 1,492,800 | $ 184,279 | $ 41,642,154 | $ (52,549,489) | $ 3,490,000 | $ 0 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Cash flows from operating activities: | ||
Net loss | $ (14,536,452) | $ (1,347,143) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Depreciation and amortization | 1,000 | 324 |
Amortization of debt discount to interest expense | 387,569 | 216,337 |
Gain (loss) on change in derivative liabilities | (3,694,893) | 826,588 |
Stock-based compensation | 143,000 | 0 |
Stock option compensation | 804,649 | 0 |
Loss on extinguishment of debt | 16,490,508 | 0 |
Gain on forgiveness of PPP loan | (9,501) | 0 |
(Increase) decrease in: | ||
Accounts receivable | (1,144) | 0 |
Prepaid expenses | 0 | 2,808 |
Increase (decrease) in: | ||
Accounts payable | (21,813) | 87,985 |
Accounts payable - related party | (20,000) | 0 |
Accrued expenses | 3,726 | 19,125 |
Accrued interest, notes payable | 124,934 | 131,308 |
Net cash used in operating activities | (328,417) | (62,668) |
Cash flows from investing activities: | ||
Cash paid in business acquisition | (10,000) | 0 |
Net cash used in investing activities | (10,000) | 0 |
Cash flows from financing activities: | ||
Proceeds from convertible notes payable | 387,000 | 60,000 |
Other | 0 | (9,501) |
Net cash provided by financing activities | 387,000 | 69,501 |
Net increase in cash | 48,583 | 6,833 |
Cash, beginning of period | 18,605 | 8,275 |
Cash, end of period | 67,188 | 15,108 |
Supplemental disclosure: | ||
Cash paid for income taxes | 0 | 0 |
Cash paid for interest | 0 | 0 |
Non-cash financing and investing activities: | ||
Debt discount for derivative liabilities | 387,000 | 40,766 |
Common shares issued in conversion of debt | 185,480 | 98,020 |
Series E preferred shares issued in conversion of debt | 16,490,504 | 0 |
Derivative liability for consultant stock options | 998,134 | 0 |
Settlement of derivative liabilities | 3,617,188 | 311,547 |
Common shares issued in conversion of Series B preferred shares | 12,700 | 1 |
Reverse split rounding of shares | 0 | 3 |
Redemption of Series D preferred stock | $ 0 | $ 1 |
ORGANIZATION AND BASIS OF PRESE
ORGANIZATION AND BASIS OF PRESENTATION | 6 Months Ended |
Jun. 30, 2021 | |
ORGANIZATION AND BASIS OF PRESENTATION | |
1. ORGANIZATION AND BASIS OF PRESENTATION | 1. ORGANIZATION AND BASIS OF PRESENTATION Organization Digital Locations, Inc. (the “Company”) was incorporated in the State of Nevada on August 25, 2006 as Zingerang, Inc. On April 2, 2007, the Company changed its name to Carbon Sciences, Inc. and on November 14, 2017, the Company changed its name to Digital Locations, Inc. As further discussed in Note 3, on January 7, 2021, the Company, SmallCellSite.com LLC, a Virginia limited liability company (“SCS LLC”), and SmallCellSite, Inc., a newly formed Nevada corporation and wholly owned subsidiary of the Company (“SCS”) entered into an asset purchase agreement (“APA”) to acquire SCS LLC’s wireless communications marketing and database services business. SCS LLC is a source of more than 80,000 cell sites offered by property owners for use by wireless network operators. Effective February 14, 2020, the Company effected a reverse split of its common stock at a ratio of one for two hundred twenty-five shares (1:225) (the “Stock Split”) with the filing of a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada. The Company has given retroactive effect for the Stock Split in its financial statements and notes thereto for all periods presented. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all normal recurring adjustments considered necessary for a fair presentation have been included. Operating results for the three months and six months ended June 30, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. For further information refer to the financial statements and notes thereto included in the Company's Form 10-K for the year ended December 31, 2020. Going Concern The accompanying financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplate the realization of assets and liquidation of liabilities in the normal course of business. As of June 30, 2021, our current liabilities exceeded our current assets by $7,172,730 and we had a total stockholders’ deficit of $10,723,056. In addition, the Company has reported negative cash flows from operations since inception. The Company currently does not have the cash resources to meet its operating commitments for the next twelve months and expects to have ongoing requirements for capital investment to implement its business plan. These factors, among others, raise substantial doubt that the Company will be able to continue as a going concern for a reasonable period of time. The ability of the Company to continue as a going concern is dependent upon, among other things, raising additional capital. The Company has obtained operating funds primarily from the issuance of convertible debt. Management believes this funding will continue and will provide the additional cash needed to meet the Company’s obligations as they become due. There can be no assurance, however, that the Company will be successful in accomplishing its objectives. Without such additional capital we may be required to cease operations. The accompanying financial statements do not include any adjustments that might result should the Company be unable to continue as a going concern. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
Jun. 30, 2021 | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies of the Company are disclosed in Note 2 to the Notes to Financial Statements included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 29, 2021. The following summary of significant accounting policies of the Company is presented to assist in understanding the Company’s interim financial statements. The financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the accompanying financial statements. Significant estimates made in preparing these financial statements include the estimate of useful lives of property and equipment and intangible assets, operating lease obligations, impairment of assets, the deferred tax valuation allowance, the fair value of stock options and derivative liabilities. Actual results could differ from those estimates. Reclassifications Certain amounts in the condensed consolidated financial statements for the prior year periods have been reclassified to conform to the presentation for the current year periods. Consolidation The accompanying consolidated financial statements include the accounts of the Company and, effective January 7, 2021, the accounts of SCS, its wholly owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. Intangible Assets The identifiable intangible assets acquired in the APA are amortized using the straight-line method over an estimated life of 5 years. Goodwil The excess of the total purchase price paid over the value assigned to the identifiable intangible assets acquired in the APA has been recorded as goodwill. The goodwill is not amortized but evaluated periodically for impairment. Derivative Liabilities We have identified the conversion features of our convertible notes payable and certain stock options as derivatives. Where the number of common shares to be issued under these agreements is indeterminate, the Company has concluded that the equity environment is tainted, and all additional options, convertible debt and equity are included in the value of the derivatives. We estimate the fair value of the derivatives using the Black-Scholes pricing model and a multinomial lattice model based on projections of various potential future outcomes. We estimate the fair value of the derivative liabilities at the inception of the financial instruments, at the date of conversions to equity and at each reporting date, recording a derivative liability, debt discount, additional paid-in capital and a gain or loss on change in derivative liabilities as applicable. These estimates are based on multiple inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices as defined in the respective agreements and probabilities of certain outcomes based on management projections. These inputs are subject to significant changes from period to period and to management’s judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material. Fair Value of Financial Instruments Disclosures about fair value of financial instruments, require disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of June 30, 2021 and December 31, 2020, we believe the amounts reported for cash, accounts receivable, accounts payable, accounts payable – related party, accrued expenses and other current liabilities, accrued interest, notes payable and convertible notes payable approximate fair value because of their short maturities. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASC”) Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: • Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. We measure certain financial instruments at fair value on a recurring basis. Liabilities measured at fair value on a recurring basis are as follows at June 30, 2021 and December 31, 2020: Total Level 1 Level 2 Level 3 June 30, 2021: Derivative liabilities $ 6,806,138 $ - $ - $ 6,806,138 Total liabilities measured at fair value $ 6,806,138 $ - $ - $ 6,806,138 December 31, 2020: Derivative liabilities $ 11,282,091 $ - $ - $ 11,282,091 Total liabilities measured at fair value $ 11,282,091 $ - $ - $ 11,282,091 During the six months ended June 30, 2021, the Company had the following activity in its derivative liabilities account: Convertible Notes Payable Series B Preferred Stock Stock Options Total Derivative liabilities at December 31, 2020 $ 3,368,619 $ 4,137,413 $ 3,776,059 $ 11,282,091 Addition to liabilities for new debt/shares issued 1,837,994 - 998,134 2,836,128 Elimination of liabilities in debt conversions (3,617,188 ) - - (3,617,188 ) Change in fair value 209,752 (4,137,413 ) 232,768 (3,694,893 ) Derivative liabilities at June 30, 2021 $ 1,799,177 $ - $ 5,006,961 $ 6,806,138 Revenue Recognition We have adopted Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers” (Topic 606) pursuant to which revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. We determine revenue recognition through the following steps: · identification of the contract, or contracts, with a customer; · identification of the performance obligations in the contract; · determination of the transaction price; · allocation of the transaction price to the performance obligations in the contract; and · recognition of revenue when, or as, we satisfy a performance obligation. Through its wholly owned subsidiary and effective January 7, 2021 (see Note 3), the Company acts as an intermediary or agent to facilitate a platform through which property owners market real estate, physical assets and billboards to wireless telephone carriers for placement of wireless communications network equipment. Contracts have been signed among the Company, the property owner, and the wireless telephone operator. Monthly payments are received by the Company from the wireless carriers, with the Company paying the property owner a percentage of revenues ranging from 70% to 85%. The net amount is retained by the Company as consideration for its intermediary services and recorded as revenues in the accompanying statements of operations. Lease Accounting Pursuant to the underlying contracts, the Company does not own the property and equipment which is leased by the cell phone carriers but acts as an intermediary or agent between the property owner and the cell phone carriers. Therefore, in accordance with ASC 840 and 841, “Leases,” the Company records revenues net of amounts received from cell phone carriers and payments made to property owners. Concentrations of Credit Risk, Major Customers, and Major Vendors During the three months and six months ended June 30, 2021, the Company received payments from two cell phone carriers, with one carrier representing substantially all payments. During the three months and six months ended June 30, 2021, the Company had one landlord receiving all Company payments for lease of billboard site locations. Income (Loss) per Share Basic net income or loss per common share is computed by dividing net income or loss by the weighted average number of common shares outstanding. Diluted net income or loss per common share is computed by dividing net income or loss by the sum of the weighted average number of common shares outstanding and the dilutive potential common share equivalents then outstanding. Potential dilutive common share equivalents consist of shares issuable upon the exercise of outstanding stock options to acquire common stock, using the treasury stock method and the average market price per share during the period, and shares issuable upon exercise of convertible notes payable and convertible preferred stock. For the three months and six months ended June 30, 2021 and 2020, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share; therefore, basic net loss per share is the same as diluted net loss per share. Recently Issued Accounting Pronouncements There were no new accounting pronouncements issued by the FASB during the six months ended June 30, 2021 and through the date of filing of this report that the Company believes will have a material impact on its financial statements. |
BUSINESS ACQUISITION
BUSINESS ACQUISITION | 6 Months Ended |
Jun. 30, 2021 | |
BUSINESS ACQUISITION | |
3. BUSINESS ACQUISITION | NOTE 3 – BUSINESS ACQUISITION On January 7, 2021, the Company, SCS LLC, and SCS entered into the APA to acquire substantially all of the assets of SCS LLC’s wireless communications marketing and database services business in consideration for a total purchase price of $10,000 in cash and a 5-year convertible promissory note in the amount of $1,000,000 made in favor of SCS or its assignees (the “Note”). SCS LLC is a source of more than 80,000 cell sites offered by property owners for use by wireless network operators. The business acquisition has been recorded as a purchase. Pursuant to the APA, SCS LLC instructed the Company to assign $500,000 of principal amount of the Note to each of SCS LLC’s two members (the “Assigned Notes”). At any time after December 31, 2021, each month, each holder of the Assigned Notes may convert the principal amount of the Assigned Note into a number of shares of the Company’s common stock not exceeding 5% of the total trade volume of the Company’s common stock publicly reported for the previous calendar month at a conversion price of $0.013 per share. Each Assigned Note also imposes an overall limitation on the number of conversions to common stock that the holder may affect such that it prohibits the holder from beneficially owning more than 4.99% of the total issued and outstanding common stock of the Company at any time that the Assigned Note is outstanding The business acquisition closed on January 7, 2021. Based on the report of an independent valuation firm, the notes payable were discounted to $645,095 using an interest rate of 9.54% and a derivative liability of $1,450,994 was calculated for the conversion feature of the notes. The total value of the consideration paid of $2,106,089, including cash paid of $10,000, has been allocated to the following assets based on the report: Identifiable intangible assets: IP technology $ 4,000 Customer base 6,000 Total identifiable intangible assets 10,000 Goodwill 2,096,089 Total $ 2,106,089 During the three months and six months ended June 30, 2021, consolidated revenues were comprised of revenues from SCS. Unaudited pro forma summary results of operations for the year ended December 31, 2020 as though the business acquisition had taken place on January 1, 2020 are as follows: Revenues $ 23,221 Net loss (2,910,858 ) Net loss per common share (0.05 ) |
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE | 6 Months Ended |
Jun. 30, 2021 | |
CONVERTIBLE NOTES PAYABLE | |
4. CONVERTIBLE NOTES PAYABLE | 4. CONVERTIBLE NOTES PAYABLE Convertible Promissory Note of $29,500 in Default On March 14, 2013, we entered into an agreement to issue a 5% convertible promissory note in the principal amount of $29,500, which is convertible into shares of our common stock at a conversion price equal to the lesser of $1.50 per share or the closing price per share of common stock recorded on the trading day immediately preceding the date of conversion. The note, with a principal balance of $29,500 at June 30, 2021 and December 31, 2020, matured on March 14, 2015, and is currently in default. Convertible Promissory Notes – Related Parties of $58,600 On December 31, 2012, we issued 5% convertible promissory notes to two employees in exchange for services rendered in the aggregate amount of $58,600. The notes are convertible into shares of our common stock at a conversion price equal to the lesser of $2.00 per share or the closing price per share of common stock recorded on the trading day immediately preceding the date of conversion. We recorded a total debt discount of $57,050 related to the conversion feature of the notes, which has been fully amortized to interest expense, along with a derivative liability at inception. One of the notes with a principal balance of $25,980 at June 30, 2021, matured on December 31, 2014 and is currently in default. The maturity date of a second note with a principal balance of $32,620 at June 30, 2021 has been extended to December 31, 2021. March 2016 Convertible Promissory Note – $1,000,000 On March 4, 2016, we entered into an agreement to issue a 10% convertible promissory note in the aggregate principal amount of up to $1,000,000 (the “March 2016 $1,000,000 CPN”). The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. Subsequently, the lender extended the maturity date to February 10, 2026. On March 17, 2016, we received proceeds of $33,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $33,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $14,451 and accrued interest of $6,999, extinguishing the debt in full. No gain or loss was recorded since the conversions were completed within the terms of the note agreement. On April 11, 2016, we received proceeds of $90,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $90,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $14,810 and accrued interest of $7,181, resulting in a principal balance of $75,190. No gain or loss was recorded since the conversions were completed within the terms of the note agreement. On May 20, 2016, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On June 22, 2016, we received proceeds of $50,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $50,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On July 6, 2016, we received proceeds of $87,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $87,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On August 8, 2016, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On September 13, 2016, we received proceeds of $55,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $55,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On October 17, 2016, we received proceeds of $55,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $55,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 8, 2016, we received proceeds of $55,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $55,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On December 6, 2016, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On January 10, 2017, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On February 13, 2017, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On March 9, 2017, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 12, 2017, we received proceeds of $95,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $95,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On May 8, 2017, we received proceeds of $60,000 pursuant to the March 2016 $1,000,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 2, 2021, total outstanding principal of $892,190 and total accrued interest payable of $395,220 were converted to shares of the Company’s Series E Preferred Stock, extinguishing the debt in full. June 2017 Convertible Promissory Note – $500,000 On June 2, 2017, we entered into an agreement to issue a 10% convertible promissory note in the aggregate principal amount of up to $500,000 (the “June 2017 $500,000 CPN”). The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. Subsequently, the lender extended the maturity date to February 9, 2026. On June 2, 2017, we received proceeds of $60,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On July 10, 2017, we received proceeds of $80,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $80,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On August 11, 2017, we received proceeds of $80,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $80,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On September 12, 2017, we received proceeds of $85,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $85,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On October 13, 2017, we received proceeds of $80,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $80,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 8, 2017, we received proceeds of $75,000 pursuant to the June 2017 $500,000 CPN. We recorded a debt discount of $75,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 2, 2021, total outstanding principal of $460,000 and total accrued interest payable of $165,514 were converted to shares of the Company’s Series E Preferred Stock, extinguishing the debt in full. December 2017 Convertible Promissory Note – $500,000 On December 14, 2017, we entered into an agreement to issue a 10% convertible promissory note in the aggregate principal amount of up to $500,000 (the “December 2017 $500,000 CPN”). The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. Subsequently, the lender extended the maturity date to February 9, 2026. On December 14, 2017, we received proceeds of $60,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On January 11, 2018, we received proceeds of $70,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $70,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On February 7, 2018, we received proceeds of $60,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On March 8, 2018, we received proceeds of $55,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $55,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On March 14, 2018, we received proceeds of $6,500 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $6,500 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 9, 2018, we received proceeds of $77,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $77,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On May 7, 2018, we received proceeds of $60,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On June 7, 2018, we received proceeds of $52,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $52,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On July 10, 2018, we received proceeds of $35,000 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $35,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On August 16, 2018, we received proceeds of $24,500 pursuant to the December 2017 $500,000 CPN. We recorded a debt discount of $24,500 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 2, 2021, total outstanding principal of $500,000 and total accrued interest payable of $151,255 were converted to shares of the Company’s Series E Preferred Stock, extinguishing the debt in full. August 2018 Convertible Promissory Note – $500,000 On August 17, 2018, we entered into an agreement to issue a 10% convertible promissory note in the aggregate principal amount of up to $500,000 (the "August 2018 $500,000 CPN"). The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.01; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. Subsequently, the lender extended the maturity date to February 9, 2026. On August 17, 2018, we received proceeds of $10,500 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $10,500 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On September 13, 2018, we received proceeds of $30,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $30,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On October 8, 2018, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On October 26, 2018, we received proceeds of $12,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $12,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 5, 2018, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 28, 2018, we received proceeds of $30,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $30,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 30, 2018, we received proceeds of $10,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $10,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On December 24, 2018, we received proceeds of $50,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $50,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On January 17, 2019, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On February 25, 2019, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On March 22, 2019, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On March 26, 2019, we received proceeds of $15,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $15,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 11, 2019, we received proceeds of $15,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $15,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 19, 2019, we received proceeds of $65,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $65,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On June 28, 2019, we received proceeds of $30,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $30,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On July 29, 2019, we received proceeds of $40,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $40,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On September 27, 2019, we received proceeds of $33,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $33,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On October 8, 2019, we received proceeds of $25,000 pursuant to the August 2018 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On April 2, 2021, total outstanding principal of $490,500 and total accrued interest payable of $101,224 were converted to shares of the Company’s Series E Preferred Stock, extinguishing the debt in full. October 2019 Convertible Promissory Note – $500,000 On October 31, 2019, we entered into an agreement to issue a 10% convertible promissory note in the aggregate principal amount of up to $500,000 (the “October 2019 $500,000 CPN”). The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.01; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. Subsequently, the lender extended the maturity date to February 9, 2026. On October 31, 2019, we received proceeds of $25,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On November 12, 2019, we received proceeds of $25,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On December 19, 2019, we received proceeds of $25,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense. On January 5, 2021, we received proceeds of $50,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $50,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $50,000, with the debt discount fully amortized to interest expense. On January 28, 2021, we received proceeds of $60,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $60,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $60,000, with the debt discount fully amortized to interest expense. On February 26, 2021, we received proceeds of $90,000 pursuant to the October 2019 $500,000 CPN. We recorded a debt discount of $90,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $90,000, with the debt discount fully amortized to interest expense. On April 2, 2021, total outstanding principal of $275,000 and total accrued interest payable of $13,353 were converted to shares of the Company’s Series E Preferred Stock, extinguishing the debt in full. August 29, 2019 Convertible Promissory Note – $25,000 Effective August 29, 2019, the Company entered into an agreement to issue a 10% convertible note with an institutional investor in the principal amount of $25,000. The note matured on August 29, 2020. The Company received proceeds of $22,000 after an original issue discount of $1,500 and payment of $1,500 in legal fees. The lender, at its option, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 50% discount from the lowest trading price during the 25 days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at redemption premiums ranging from 25% to 45%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $25,000 related to the conversion feature of the note, along with a derivative liability at inception. The debt discount has been fully amortized to interest expense and the note had a principal balance of $395 as of June 30, 2021, which amount is in default. July 7, 2020 Convertible Promissory Note – $33,000 Effective July 7, 2020, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $33,000. The note matures on July 7, 2021. The Company received net proceeds of $30,000 after payment of $3,000 in legal fees and fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $33,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $19,422 and the debt discount has been fully amortized. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $33,000 and accrued interest of $1,980, extinguishing the debt in full. July 8, 2020 Convertible Promissory Note – $40,000 Effective July 8, 2020, the Company entered into an agreement to issue a 10% convertible note with an institutional investor in the principal amount of $40,000 with a maturity date of July 8, 2021 and the Company has no right of prepayment. The Company received proceeds of $35,000 after an original issue discount of $2,200 and payment of $2,800 in legal fees. The lender, at its option, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 50% discount from the lowest trading price during the 25 days prior to conversion. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $40,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $19,836, resulting in a remaining debt discount of $4,296 as of June 30, 2021. The note had a principal balance of $40,000 as of June 30, 2021. August 18, 2020 Convertible Promissory Note – $33,000 Effective August 18, 2020, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $33,000 with a maturity date of August 18, 2021. The Company received net proceeds of $30,000 after payment of $3,000 in legal fees and fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $33,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $20,795 and the debt discount has been fully amortized. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $33,000 and accrued interest of $1,980, extinguishing the debt in full. October 1, 2020 Convertible Promissory Note – $33,000 Effective October 1, 2020, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $33,000 with a maturity date of October 1, 2021. The Company received net proceeds of $30,000 after payment of $3,000 in legal fees and fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $33,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $24,773 and the debt discount has been fully amortized. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $33,000 and accrued interest of $1,980, extinguishing the debt in full. November 9, 2020 Convertible Promissory Note – $35,000 Effective November 9, 2020, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $35,000 with a maturity date of October 1, 2021. The Company received net proceeds of $31,500 after payment of $3,500 in legal fees and fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $35,000 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, amortization of debt discount was recorded to interest expense in the amount of $30,299 and the debt discount has been fully amortized. During the six months ended June 30, 2021, we issued the lender shares of our common stock in consideration for the conversion of principal of $35,000 and accrued interest of $2,100, extinguishing the debt in full. January 8, 2021 Convertible Promissory Note – $33,500 Effective January 8, 2021, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $33,500 with a maturity date of January 8, 2022. The Company received net proceeds of $30,000 after payment of $3,500 in legal fees and fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the C |
LONGTERM CONVERTIBLE NOTES PAYA
LONGTERM CONVERTIBLE NOTES PAYABLE | 6 Months Ended |
Jun. 30, 2021 | |
LONGTERM CONVERTIBLE NOTES PAYABLE | |
5. LONG-TERM CONVERTIBLE NOTES PAYABLE | 5. LONG-TERM CONVERTIBLE NOTES PAYABLE As discussed in Note 3, on January 7, 2021, the Company issued two long-term convertible notes payable each in the principal amount of $500,000 in conjunction with the business acquisition of SCS LLC. The Assigned Notes bear interest at an annual rate of 0.39% and mature on January 7, 2026. The Assigned Notes were discounted to a principal balance of $645,095 using an interest rate of 9.54% and a debt discount of $354,905 was recorded at inception. Amortization of the discount to interest expense was $27,521 during the six months ended June 30, 2021, resulting in a debt discount of $327,384 as of June 30, 2021, At any time after December 31, 2021, each month, each holder of the Assigned Notes may convert the principal amount of the Assigned Note into a number of shares of the Company’s common stock not exceeding 5% of the total trade volume of the Company’s common stock publicly reported for the previous calendar month at a conversion price of $0.013 per share. Each Assigned Note also imposes an overall limitation on the number of conversions to common stock that the holder may affect such that it prohibits the holder from beneficially owning more than 4.99% of the total issued and outstanding common stock of the Company at any time that the Assigned Note is outstanding |
PPP LOAN PAYABLE
PPP LOAN PAYABLE | 6 Months Ended |
Jun. 30, 2021 | |
PPP LOAN PAYABLE | |
6. PPP LOAN PAYABLE | 6. PPP LOAN PAYABLE A loan to the Company in the principal amount of $9,501 was approved under the terms and conditions of the Paycheck Protection Program of the United States Small Business Administration (“SBA”) and the CARES Act (2020) (H.R. 748) (15 U.S.C. 636 et seq.) (the “Act”) and was funded in May 2020. In June 30, 2021, the PPP loan was forgiven, with a gain on debt forgiveness of $9,501 recorded in the statement of operations. |
MEZZANINE
MEZZANINE | 6 Months Ended |
Jun. 30, 2021 | |
PPP LOAN PAYABLE | |
7. MEZZANINE | 7. MEZZANINE Series B Preferred Stock On March 2, 2016, the Company filed a Certificate of Designation for its Series B Preferred Stock (the “Series B Certificate”) with the Secretary of State of Nevada designating 30,000 shares of its authorized preferred stock as Series B Preferred Stock. The shares of Series B Preferred Stock have a par value of $0.001 per share. The total face value of this entire series is three million dollars ($3,000,000). Each share of Series B Preferred Stock has a stated face value of $100, and effective April 2, 2021, is convertible into shares of fully paid and non-assessable shares of common stock of the Company at a fixed conversion price of $0.0015 per share. During the six months ended June 30, 2021, the holder converted 127 shares of Series B Preferred Stock valued at $12,700 into 8,466,667 shares of the Company’s common stock. There was no gain or loss on settlement of debt due to the conversions occurring within the terms of the Series B Preferred Stock. As of June 30, 2021 and December 31, 2020, the Company had 14,928 and 15,055 shares of Series B Preferred Stock outstanding, respectively, and recorded as mezzanine at face value of $1,492,800 and $1,505,500, respectively, due to certain default provisions requiring mandatory cash redemption that are outside the control of the Company. These shares were originally issued in March 2016 for the redemption and cancellation of $1,615,362 of convertible promissory notes and $264,530 of accrued interest payable. Effective February 26, 2020, William Beifuss, Jr., the Company’s President, converted 1,100 shares of Series B Preferred Stock into 9,777,778 shares of the Company’s common stock. Mr. Beifuss previously acquired the Series B Preferred Stock from a lender in a private transaction. The holders of outstanding shares of the Series B Preferred Stock (the "Series B Holders") are entitled to receive dividends pari passu with the holders of Common Stock, except upon a liquidation, dissolution and winding up of the Company, in which case the Series B Preferred Stock has a preference. Such dividends will be paid equally to all outstanding shares of Series B Preferred Stock and Common Stock, on an as-if-converted basis with respect to the Series B Preferred Stock. The Series B Holders may elect to use the most favorable conversion price for the purpose of determining the as-if-converted number of shares. In the event of any liquidation, dissolution or winding up of the Company, either voluntary or involuntary, the Series B Holder shall be entitled to receive, out of the assets of the Company available for distribution to its shareholders upon such liquidation, whether such assets are capital or surplus of any nature, an amount equal to $100 for each such share of the Series B Preferred Stock (as adjusted for any combinations, consolidations, stock distributions, stock splits or stock dividends with respect to such shares), plus all dividends, if any, declared and unpaid thereon as of the date of such distribution, before any payment is made or any assets distributed to the holders of the Common Stock. After such payment, the remaining assets of the Company will be distributed to the holders of Common Stock. Series E Preferred Stock Effective April 2, 2021, the Company filed a Certificate of Designation with the State of Nevada designating 45,000 shares of its authorized preferred stock as Series E Preferred Stock. The shares of Series E Preferred Stock have a par value of $0.001 per share and a stated face value of $100 per share. Holders of the Series E Preferred Stock have the right, at any time, to convert shares of Series E Preferred Stock into shares of Common Stock at a conversion price of $0.0015 per share. On April 2, 2021, the Company entered into a Securities Purchase Agreement (the “SPA”) with an accredited investor (the “Investor”), pursuant to which the Investor agreed to purchase up to 45,000 shares of the Company’s Series E Preferred Stock (the “Shares”) at a purchase price of $100 per share. In accordance with the SPA, Investor paid for 34,900 Shares by surrendering to the Company for cancellation, $2,617,690 of principal, $826,566 of accrued interest, and $45,740 in fees through April 2, 2021 under various 10% convertible notes held by Investor. The Series E Preferred Stock was valued by an independent valuation firm at $23,393,601 and the Company recognized a loss on debt extinguishment of $16,490,508 and settled derivative liabilities totaling $3,617,188. As of June 30, 2021, the Company had 34,900 shares of Series E Preferred Stock outstanding recorded as mezzanine at face value of $3,490,000 due to certain default provisions requiring mandatory cash redemption that are outside the control of the Company. The holders of outstanding Series E Preferred Stock are entitled to receive dividends pari passu with the holders of common stock, except upon a liquidation, dissolution and winding up of the Company, in which case the Shares have a preference. Such dividends will be paid equally to all outstanding Shares and common stock, on an as-if-converted basis with respect to the Shares. In the event of any liquidation, dissolution or winding up of the Company, either voluntary or involuntary, holders of Shares shall be entitled to receive, out of the assets of the Company available for distribution to its shareholders upon such liquidation, whether such assets are capital or surplus of any nature, an amount equal to $100 for each such Share (as adjusted for any combinations, consolidations, stock distributions, stock splits or stock dividends with respect to such shares), plus all dividends, if any, declared and unpaid thereon as of the date of such distribution, after the payment of any distributions that may be required with respect to the Company’s Series B Preferred Stock, but before any payment is made or any assets distributed to the holders of common stock. After such payment, the remaining assets of the Company will be distributed to the holders of common stock. If the assets to be distributed to holders of the Shares are insufficient to permit the receipt by such holders of the full preferential amounts, then all of such assets will be distributed among such holders ratably in accordance with the number of such shares then held by each such holder. Each Share of Series E Preferred Stock is convertible into shares of fully paid and non-assessable shares of common stock of the Company at a fixed conversion price of $0.0015 per share. In no event will holders of Shares be entitled to convert any Shares, such that upon conversion the sum of (1) the number of shares of common stock beneficially owned by the holder and its affiliates (other than shares of common stock which may be deemed beneficially owned through the ownership of the unconverted portion of the Series E Preferred Stock or the unexercised or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to these limitations), and (2) the number of shares of common stock issuable upon the conversion of Shares, would result in beneficial ownership by the holder and its affiliates of more than 4.99% of the outstanding shares of common stock. The limitations on conversion may be waived by the Holder upon, at the election of the holder of Shares, not less than 61 days prior notice to the Company, and the provisions of the conversion limitation shall continue to apply until such 61st day (or such later date, as determined by the holder of Shares, as may be specified in such notice of waiver). Except as required by law, holder of Shares are not entitled to vote, as a separate class or otherwise, on any matter presented to the stockholders of the Company for their action or consideration at any meeting of stockholders of the Company, provided, however, each holder of outstanding Share will be entitled, on the same basis as holders of common stock, to receive notice of such action or meeting and so long as any Shares remain outstanding, the Company will not, without first obtaining the approval of the holders of at least a majority of the then outstanding Shares voting together as one class alter or change the rights, preferences or privileges of the Shares so as to affect materially and adversely such Shares. As an inducement for Investor entering into the SPA, the Company agreed that Investor will have the right, exercisable in its sole discretion, to purchase the remaining 10,100 of authorized Shares of Series E Preferred Stock at a purchase price of $100 per Share at any time until April 2, 2031. |
STOCKHOLDERS DEFICIT
STOCKHOLDERS DEFICIT | 6 Months Ended |
Jun. 30, 2021 | |
STOCKHOLDERS DEFICIT | |
8.STOCKHOLDERS' DEFICIT | 8. STOCKHOLDERS’ DEFICIT As of June 30, 2021, the Company’s authorized stock consisted of 2,000,000,000 shares of common stock, with a par value of $0.001 per share. The Company is also authorized to issue 20,000,000 shares of preferred stock, with a par value of $0.001 per share. The rights, preferences and privileges of the holders of the preferred stock will be determined by the Board of Directors prior to issuance of such shares. Series D Preferred Stock On November 27, 2019, the Company filed a Certificate of Designation for its Series D Preferred Stock (the “Series D Certificate”) with the Secretary of State of Nevada which designates 1,000 shares of the Company’s preferred stock par value $0.001 per share as Series D Preferred Stock. William E. Beifuss, Jr., the Company’s President and Chief Executive Officer, was issued 1,000 shares of Series D Preferred Stock valued at $15,000 by an independent valuation firm, which shares were outstanding as of December 31, 2019. The 1,000 shares of Series D preferred stock were automatically redeemed on January 11, 2020, 45 days after the effective date of the Series D Certificate. Pursuant to the terms of the Designation, holders of Series D Preferred Stock shall not be entitled to dividends or a liquidation preference and shall have no conversion rights. For so long as any shares of the Series D Preferred Stock remain issued and outstanding, the holders thereof, voting separately as a class, shall have the right to vote in an amount equal to fifty-one percent (51%) of the total voting power of the Company’s shareholders. Such vote shall be determined by the holder(s) of a majority of the then issued and outstanding shares of Series D Preferred Stock. The shares of the Series D Preferred Stock shall be automatically, and without any required action by the Company or the holders thereof, redeemed by the Company at their par value on the first to occur of the following triggering events: (i) a date forty-five (45) days as after the Effective Date, (ii) on the date that Mr. Beifuss. ceases, for any reason, to serve as officer, director or consultant of the Company, it being understood that if Mr. Beifuss continues without interruption to serve thereafter in one or more capacities as officer, director or consultant of the Company this shall not be considered a cessation of service, or (iii) on the date that the Company’s shares of common stock first trade on any national securities exchange and such listing is conditioned upon the elimination of the preferential voting rights of the Series D Preferred Stock set forth in the Certificate of Designation. Common Stock Effective February 14, 2020, the Company effected a reverse split of its common stock at a ratio of one for two hundred twenty-five shares (1:225) with the filing of a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada. The Company has given retroactive effect for the reverse stock split in its financial statements and notes thereto for all periods presented. As of June 30, 2021 and December 31, 2020, the Company had 184,279,404 and 133,337,561 shares of common stock issued and outstanding, respectively. During the six months ended June 30, 2021, the Company issued a total of 37,606,169 shares of common stock in consideration for the conversion of $163,261 of principal of convertible notes payable and accrued interest payable of $22,219. In connection with the convertible debt conversions, the Company settled derivative liabilities of $204,091. There was no gain or loss on settlement of debt due to the conversions occurring within the terms of the convertible notes. Also during the six months ended June 30, 2021, the Company issued 8,466,667 shares of common stock in consideration for the conversion of 127 shares of Series B Preferred Stock valued at $12,700 and issued 4,869,007 shares of common stock for services valued at $12,700. During the six months ended June 30, 2020, the Company issued a total of 50,457,848 shares of common stock: 40,677,465 shares for the conversion of $87,081 of principal of convertible notes payable, accrued interest payable of $8,689, and fees of $2,250; 9,777,778 shares for the conversion of 1,100 shares of Series B Preferred Stock recorded at par value; and 2,605 shares for the rounding of shares in the February 2020 reverse stock split recorded at par value of $3. In connection with the convertible debt and Series B Preferred Stock conversions, the Company reduced derivative liabilities by $311,547. There was no gain or loss on settlement of debt due to the conversions occurring within the terms of the underlying agreements |
STOCK OPTIONS
STOCK OPTIONS | 6 Months Ended |
Jun. 30, 2021 | |
STOCK OPTIONS | |
9. STOCK OPTIONS | 9. STOCK OPTIONS As of June 30, 2021, the Board of Directors of the Company had granted non-qualified stock options exercisable for a total of 230,177,778 shares of common stock to its officers, directors, and consultants. On October 19, 2020 and December 22, 2020, the Company issued a total of 210,000,000 non-qualified stock options to five officers, directors and consultants exercisable for a period of five years from the date of issuance at exercise prices ranging from $0.0108 to $0.017 per share. Of these non-qualified options, 5,000,000 vest 1/24th per month over twenty- four months and 205,000,000 vest 1/36th per month over thirty-six months. These non-qualified stock options were valued by an independent valuation firm at $3,726,549 using a modified Black Scholes early exercise model and stock option compensation expense is recorded over the vesting period. A derivative liability and a decrease to additional paid-in capital were recorded for this amount. On January 28, 2021, the Company issued a total of 20,000,000 non-qualified stock options to an employee and a consultant exercisable for a period of five years from the date of issuance at an exercise prices $0.05 per share. These options vest 1/36th per month over thirty-six months. These non-qualified stock options were valued by an independent valuation firm at $998,134 using a modified Black Scholes early exercise model and stock option compensation expense is recorded over the vesting period. A derivative liability and a decrease to additional paid-in capital were recorded for this amount. We recognized stock option compensation expense of $353,891 and $0 for the three months ended June 30, 2021 and 2020, respectively, and $804,649 and $0 for the six months ended June 30, 2021 and 2020, respectively. As of June 30, 2021, we had unrecognized stock option compensation expense totaling $3,811,520. A summary of the Company’s stock options and warrants as of June 30, 2021, and changes during the six months then ended is as follows: Weighted Average Outstanding at December 31, 2020 210,177,778 $ 0.018 8.65 Granted 20,000,000 $ 0.050 Exercised - $ - Forfeited or expired - $ - Outstanding at June 30, 2021 230,177,778 $ 0.021 4.49 $ 1,060,000 Exercisable at June 30, 2021 45,247,269 $ 0.024 4.49 $ 216,132 The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on the closing price of our common stock of $0.0219 as of June 30, 2021, which would have been received by the holders of in-the-money options and warrants had the holders exercised their options and warrants as of that date. The significant assumptions used in the valuation of the derivative liabilities recorded upon issuance of the January 2021 non-qualified stock options are as follows: Expected life 2.54 to 4.01 years Risk free interest rates 0.15% - 0.30 % Expected volatility 326.7% – 362.1 % |
DERIVATIVE LIABILITIES
DERIVATIVE LIABILITIES | 6 Months Ended |
Jun. 30, 2021 | |
DERIVATIVE LIABILITIES | |
10. DERIVATIVE LIABILITIES | 10. DERIVATIVE LIABILITIES The fair value of the Company’s derivative liabilities is estimated at the issuance date and is revalued at each subsequent reporting date. We estimate the fair value of derivative liabilities associated with our convertible notes payable, Series B Preferred Stock and stock options using a multinomial lattice model based on projections of various potential future outcomes. Where the number of stock options or common shares to be issued under these agreements is indeterminate, the Company has concluded that the equity environment is tainted, and all additional stock options, convertible debt and equity are included in the value of the derivatives. The significant assumptions used in the valuation of the derivative liabilities as of June 30, 2021 are as follows: Conversion to stock Monthly Stock price on the valuation date $ 0.022 Risk free interest rates 0.22% - 2.84 % Years to maturity 0.15 - 15.0 Expected volatility 146.7%–351.1 % The value of our derivative liabilities was estimated as follows at: June 30 December 31, 2020 Convertible notes payable $ 1,799,176 $ 3,368,619 Series B Preferred Stock - 4,137,413 Stock options 5,006,962 3,776,059 Total $ 6,806,138 $ 11,282,091 The calculation input assumptions are subject to significant changes from period to period and to management’s judgment; therefore, the estimated fair value of the derivative liability will fluctuate from period to period, and the fluctuation may be material. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 6 Months Ended |
Jun. 30, 2021 | |
RELATED PARTY TRANSACTIONS | |
11. RELATED PARTY TRANSACTIONS | 11. RELATED PARTY TRANSACTIONS Pursuant to a written consulting agreement, dated May 31, 2013 and amended effective November 1, 2016, William E. Beifuss, Jr., our current President, Chief Executive Officer and Acting Chief Financial Officer is to receive fees of $10,000 per month. The Company accrued compensation expense to Mr. Beifuss of $120,000 for each of the years ended December 31, 2020 and 2019. Fees payable to Mr. Beifuss of $60,000 and $80,000 are included in accounts payable – related party as of June 30, 2021 and December 31, 2020, respectively. On December 22, 2020, the Company issued non-qualified stock options to purchase up to a total of 205,000,000 shares of our common stock to four officers, directors, and consultants of the Company. The options vest 1/36th per month and are exercisable on a cash or cashless basis for a period of five years from the date of grant at an exercise price of $0.017 per share. Of these non-qualified stock options, Mr. Beifuss received 25,000,000 and Byron Elton, Chairman of the Board of Directors, received 5,000,000. As discussed in Note 7, in November 2019, the Company issued to Mr. Beifuss 1,000 shares of Series D Preferred Stock for services valued at $15,000 by an independent valuation firm. The shares were automatically redeemed in January 2020, 45 days after the effective date of the related Series D Preferred Stock Certificate. As discussed in Note 7, effective February 26, 2020, Mr. Beifuss converted 1,100 shares of Series B Preferred Stock into 9,777,778 shares of the Company’s common stock. Mr. Beifuss previously acquired the shares of Series B Preferred Stock from a lender in a private transaction. The transaction was recorded at the par value of the common stock. |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 6 Months Ended |
Jun. 30, 2021 | |
COMMITMENTS AND CONTINGENCIES | |
12. COMMITMENTS AND CONTINGENCIES | 12. COMMITMENTS AND CONTINGENCIES Operating Lease On September 5, 2017, we entered into an operating sublease for office space. The base rent for the sublease is $1,000 per month for a period of one year and month-to-month thereafter. For the three months ended June 30, 2021 and 2020, the Company recognized operating lease cost of $3,000. For the six months ended June 30, 2021 and 2020, the Company recognized operating lease cost of $6,000. Consulting Agreement We have a written consulting agreement, dated May 31, 2013 and amended effective November 1, 2016, with William E. Beifuss, Jr., our President, Chief Executive Officer, and Acting Chief Financial Officer, for the payment of monthly compensation of $10,000 per month. The agreement may be cancelled by either party with 30 days’ notice. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Jun. 30, 2021 | |
SUBSEQUENT EVENTS | |
13. SUBSEQUENT EVENTS | 13. SUBSEQUENT EVENTS Management has evaluated subsequent events according to the requirements of ASC TOPIC 855, and has reported the following: Convertible Note Effective July 12, 2021, the Company entered into a 12% convertible note with an institutional investor in the principal amount of $43,750 with a maturity date of July 12, 2022. The Company received net proceeds of $40,000 after payment of $3,000 in legal fees and $750 in due diligence fees to the lender. The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 consecutive trading days immediately prior to conversion. The Company may prepay the note at any time beginning on the date of the issuance of the note until 180 days after the date of issuance of the note at a prepayment premium of 150%, after which the Company has no right of prepayment. Convertible Note Conversions Subsequent to June 30, 2021, a lender converted principal of $33,500 and $2,010 accrued interest payable into 3,737,895 shares of the Company’s common stock, extinguishing in full the January 8, 2021 Convertible Note. Common Shares Issued for Services Subsequent to June 30, 2021, the Company issued a total of 1,428,570 shares of common stock to two consultants for services valued at $30,000. Series B Preferred Stock Conversion In July 2021, a holder converted 141 shares of the Company’s Series B Preferred Stock valued at $14,100 into 9,400,000 shares of the Company’s common stock. |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
Jun. 30, 2021 | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Use of Estimates | The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the accompanying financial statements. Significant estimates made in preparing these financial statements include the estimate of useful lives of property and equipment and intangible assets, operating lease obligations, impairment of assets, the deferred tax valuation allowance, the fair value of stock options and derivative liabilities. Actual results could differ from those estimates. |
Reclassifications | Certain amounts in the condensed consolidated financial statements for the prior year periods have been reclassified to conform to the presentation for the current year periods. |
Consolidation | The accompanying consolidated financial statements include the accounts of the Company and, effective January 7, 2021, the accounts of SCS, its wholly owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. |
Intangible Assets | The identifiable intangible assets acquired in the APA are amortized using the straight-line method over an estimated life of 5 years. |
Goodwill | The excess of the total purchase price paid over the value assigned to the identifiable intangible assets acquired in the APA has been recorded as goodwill. The goodwill is not amortized but evaluated periodically for impairment. |
Derivative Liabilities | We have identified the conversion features of our convertible notes payable and certain stock options as derivatives. Where the number of common shares to be issued under these agreements is indeterminate, the Company has concluded that the equity environment is tainted, and all additional options, convertible debt and equity are included in the value of the derivatives. We estimate the fair value of the derivatives using the Black-Scholes pricing model and a multinomial lattice model based on projections of various potential future outcomes. We estimate the fair value of the derivative liabilities at the inception of the financial instruments, at the date of conversions to equity and at each reporting date, recording a derivative liability, debt discount, additional paid-in capital and a gain or loss on change in derivative liabilities as applicable. These estimates are based on multiple inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices as defined in the respective agreements and probabilities of certain outcomes based on management projections. These inputs are subject to significant changes from period to period and to management’s judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material. |
Fair Value of Financial Instruments | Disclosures about fair value of financial instruments, require disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of June 30, 2021 and December 31, 2020, we believe the amounts reported for cash, accounts receivable, accounts payable, accounts payable – related party, accrued expenses and other current liabilities, accrued interest, notes payable and convertible notes payable approximate fair value because of their short maturities. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASC”) Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: • Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. We measure certain financial instruments at fair value on a recurring basis. Liabilities measured at fair value on a recurring basis are as follows at June 30, 2021 and December 31, 2020: Total Level 1 Level 2 Level 3 June 30, 2021: Derivative liabilities $ 6,806,138 $ - $ - $ 6,806,138 Total liabilities measured at fair value $ 6,806,138 $ - $ - $ 6,806,138 December 31, 2020: Derivative liabilities $ 11,282,091 $ - $ - $ 11,282,091 Total liabilities measured at fair value $ 11,282,091 $ - $ - $ 11,282,091 During the six months ended June 30, 2021, the Company had the following activity in its derivative liabilities account: Convertible Notes Payable Series B Preferred Stock Stock Options Total Derivative liabilities at December 31, 2020 $ 3,368,619 $ 4,137,413 $ 3,776,059 $ 11,282,091 Addition to liabilities for new debt/shares issued 1,837,994 - 998,134 2,836,128 Elimination of liabilities in debt conversions (3,617,188 ) - - (3,617,188 ) Change in fair value 209,752 (4,137,413 ) 232,768 (3,694,893 ) Derivative liabilities at June 30, 2021 $ 1,799,177 $ - $ 5,006,961 $ 6,806,138 |
Revenue Recognition | We have adopted Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers” (Topic 606) pursuant to which revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. We determine revenue recognition through the following steps: · identification of the contract, or contracts, with a customer; · identification of the performance obligations in the contract; · determination of the transaction price; · allocation of the transaction price to the performance obligations in the contract; and · recognition of revenue when, or as, we satisfy a performance obligation. Through its wholly owned subsidiary and effective January 7, 2021 (see Note 3), the Company acts as an intermediary or agent to facilitate a platform through which property owners market real estate, physical assets and billboards to wireless telephone carriers for placement of wireless communications network equipment. Contracts have been signed among the Company, the property owner, and the wireless telephone operator. Monthly payments are received by the Company from the wireless carriers, with the Company paying the property owner a percentage of revenues ranging from 70% to 85%. The net amount is retained by the Company as consideration for its intermediary services and recorded as revenues in the accompanying statements of operations. |
Lease Accounting | Pursuant to the underlying contracts, the Company does not own the property and equipment which is leased by the cell phone carriers but acts as an intermediary or agent between the property owner and the cell phone carriers. Therefore, in accordance with ASC 840 and 841, “Leases,” the Company records revenues net of amounts received from cell phone carriers and payments made to property owners. |
Concentrations of Credit Risk, Major Customers, and Major Vendors | During the three months and six months ended June 30, 2021, the Company received payments from two cell phone carriers, with one carrier representing substantially all payments. During the three months and six months ended June 30, 2021, the Company had one landlord receiving all Company payments for lease of billboard site locations. |
Income (Loss) per Share | Basic net income or loss per common share is computed by dividing net income or loss by the weighted average number of common shares outstanding. Diluted net income or loss per common share is computed by dividing net income or loss by the sum of the weighted average number of common shares outstanding and the dilutive potential common share equivalents then outstanding. Potential dilutive common share equivalents consist of shares issuable upon the exercise of outstanding stock options to acquire common stock, using the treasury stock method and the average market price per share during the period, and shares issuable upon exercise of convertible notes payable and convertible preferred stock. For the three months and six months ended June 30, 2021 and 2020, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share; therefore, basic net loss per share is the same as diluted net loss per share. |
Recently Issued Accounting Pronouncements | There were no new accounting pronouncements issued by the FASB during the six months ended June 30, 2021 and through the date of filing of this report that the Company believes will have a material impact on its financial statements. |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Fair Value Measurements, Assets and Liabilities, Recurring Basis | Total Level 1 Level 2 Level 3 June 30, 2021: Derivative liabilities $ 6,806,138 $ - $ - $ 6,806,138 Total liabilities measured at fair value $ 6,806,138 $ - $ - $ 6,806,138 December 31, 2020: Derivative liabilities $ 11,282,091 $ - $ - $ 11,282,091 Total liabilities measured at fair value $ 11,282,091 $ - $ - $ 11,282,091 |
Schedule of Derivative Liabilities at Fair Value | Convertible Notes Payable Series B Preferred Stock Stock Options Total Derivative liabilities at December 31, 2020 $ 3,368,619 $ 4,137,413 $ 3,776,059 $ 11,282,091 Addition to liabilities for new debt/shares issued 1,837,994 - 998,134 2,836,128 Elimination of liabilities in debt conversions (3,617,188 ) - - (3,617,188 ) Change in fair value 209,752 (4,137,413 ) 232,768 (3,694,893 ) Derivative liabilities at June 30, 2021 $ 1,799,177 $ - $ 5,006,961 $ 6,806,138 |
BUSINESS ACQUISITION (Tables)
BUSINESS ACQUISITION (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
BUSINESS ACQUISITION (Tables) | |
Schedule of assets based on the report | Identifiable intangible assets: IP technology $ 4,000 Customer base 6,000 Total identifiable intangible assets 10,000 Goodwill 2,096,089 Total $ 2,106,089 |
Summary results of operations | Revenues $ 23,221 Net loss (2,910,858 ) Net loss per common share (0.05 ) |
STOCK OPTIONS (Tables)
STOCK OPTIONS (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
STOCK OPTIONS (Tables) | |
Schedule of Stock Options, Activity | Weighted Average Outstanding at December 31, 2020 210,177,778 $ 0.018 8.65 Granted 20,000,000 $ 0.050 Exercised - $ - Forfeited or expired - $ - Outstanding at June 30, 2021 230,177,778 $ 0.021 4.49 $ 1,060,000 Exercisable at June 30, 2021 45,247,269 $ 0.024 4.49 $ 216,132 |
Schedule of derivative liability | Expected life 2.54 to 4.01 years Risk free interest rates 0.15% - 0.30 % Expected volatility 326.7% – 362.1 % |
DERIVATIVE LIABILITIES (Tables)
DERIVATIVE LIABILITIES (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
DERIVATIVE LIABILITIES | |
Schedule of derivative liabilities at fair value | Conversion to stock Monthly Stock price on the valuation date $ 0.022 Risk free interest rates 0.22% - 2.84 % Years to maturity 0.15 - 15.0 Expected volatility 146.7%–351.1 % |
Fair Value Inputs, Quantitative Information | June 30 December 31, 2020 Convertible notes payable $ 1,799,176 $ 3,368,619 Series B Preferred Stock - 4,137,413 Stock options 5,006,962 3,776,059 Total $ 6,806,138 $ 11,282,091 |
ORGANIZATION AND BASIS OF PRE_2
ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative) - USD ($) | 1 Months Ended | ||||
Feb. 14, 2020 | Jun. 30, 2021 | Dec. 31, 2020 | Jun. 30, 2020 | Dec. 31, 2019 | |
ORGANIZATION AND BASIS OF PRESENTATION | |||||
Working capital deficit | $ (7,172,730) | ||||
Total stockholders' deficit | $ (10,723,056) | $ (16,441,991) | $ (11,770,218) | $ (10,942,642) | |
Reverse stock split | reverse split of its common stock at a ratio of one for two hundred twenty-five shares (1:225) |
SUMMARY OF SIGNIFICANT ACCOUN_4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Derivative liabilities | $ 6,806,138 | $ 11,282,091 |
Total [Member] | ||
Derivative liabilities | 6,806,138 | 11,282,091 |
Total liabilities measured at fair value | 6,806,138 | 11,282,091 |
Level 1 [Member] | ||
Derivative liabilities | 0 | 0 |
Total liabilities measured at fair value | 0 | 0 |
Level 2 [Member] | ||
Derivative liabilities | 0 | 0 |
Total liabilities measured at fair value | 0 | 0 |
Level 3 [Member] | ||
Derivative liabilities | 6,806,138 | 11,282,091 |
Total liabilities measured at fair value | $ 6,806,138 | $ 11,282,091 |
SUMMARY OF SIGNIFICANT ACCOUN_5
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) | 6 Months Ended |
Jun. 30, 2021USD ($) | |
Stock Options [Member] | |
Derivative liability beginning | $ 3,776,059 |
Addition to liability for new debt/shares issued | 998,134 |
Elimination of liabilities in debt conversions | 0 |
Change in fair value | 232,768 |
Derivative liability ending | 5,006,961 |
Total [Member] | |
Derivative liability beginning | 11,282,091 |
Addition to liability for new debt/shares issued | 2,836,128 |
Elimination of liabilities in debt conversions | (3,617,188) |
Change in fair value | (3,694,893) |
Derivative liability ending | 6,806,138 |
Convertible Notes Payable [Member] | |
Derivative liability beginning | 3,368,619 |
Addition to liability for new debt/shares issued | 1,837,994 |
Elimination of liabilities in debt conversions | (3,617,188) |
Change in fair value | 209,752 |
Derivative liability ending | 1,799,177 |
Preferred Stock Series B [Member] | |
Derivative liability beginning | 4,137,413 |
Addition to liability for new debt/shares issued | 0 |
Elimination of liabilities in debt conversions | 0 |
Change in fair value | 4,137,413 |
Derivative liability ending | $ 0 |
SUMMARY OF SIGNIFICANT ACCOUN_6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) | Jan. 07, 2021 | Jun. 30, 2021 |
Finite-Lived Intangible Asset, Useful Life | 5 years | |
Minimum [Member] | ||
Revenues rate | 70.00% | |
Maximum [Member] | ||
Revenues rate | 85.00% |
BUSINESS ACQUISITION (Details)
BUSINESS ACQUISITION (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Identifiable intangible assets: | ||
IP technology | $ 4,000 | |
Customer base | 6,000 | |
Total identifiable intangible assets | 10,000 | |
Goodwill | 2,096,089 | $ 0 |
Total | $ 2,106,089 |
BUSINESS ACQUISITION (Details 1
BUSINESS ACQUISITION (Details 1) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Revenues | $ 4,906 | $ 0 | $ 11,244 | $ 0 |
Net loss | $ (4,328,539) | $ (971,668) | $ (14,536,452) | $ (1,347,143) |
Net loss per common share | $ (0.03) | $ (0.06) | $ (0.03) | $ (0.12) |
Results Of Operations [Member] | Dec. 31, 2020 [Member] | ||||
Revenues | $ 23,221 | |||
Net loss | $ (2,910,858) | |||
Net loss per common share | $ (0.05) |
BUSINESS ACQUISITION (Details N
BUSINESS ACQUISITION (Details Narrative) - USD ($) | Jan. 07, 2021 | Jun. 30, 2021 | Dec. 31, 2020 |
Promissory note, amount | $ 1,000,000 | ||
Notes payable | 500,000 | ||
Purchase price | $ 10,000 | ||
Derivative liability | $ 6,806,138 | $ 11,282,091 | |
SCS LLC [Member] | |||
Convertible promissory note, principal amount | $ 500,000 | ||
Promissory note, description | the Company’s common stock not exceeding 5% of the total trade volume of the Company’s common stock publicly reported for the previous calendar month at a conversion price of $0.013 per share. Each Assigned Note also imposes an overall limitation on the number of conversions to common stock that the holder may affect such that it prohibits the holder from beneficially owning more than 4.99% of the total issued and outstanding common stock of the Company at any time that the Assigned Note is outstanding | ||
Business Acquisition [Member] | |||
Convertible promissory note, principal amount | $ 645,095 | ||
Consideration amount paid | $ 2,106,089 | ||
Interest rate | 9.54% | ||
Derivative liability | $ 1,450,994 | ||
Cash paid | $ 10,000 |
CONVERTIBLE NOTES PAYABLE (Deta
CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($) | Apr. 02, 2021 | Jan. 08, 2021 | Jan. 07, 2021 | Nov. 09, 2020 | Nov. 12, 2019 | Oct. 08, 2019 | Aug. 13, 2019 | Apr. 11, 2019 | Oct. 08, 2018 | Sep. 13, 2018 | Jul. 10, 2018 | Jun. 07, 2018 | May 07, 2018 | Apr. 09, 2018 | Mar. 14, 2018 | Mar. 08, 2018 | Feb. 07, 2018 | Jan. 11, 2018 | Dec. 14, 2017 | Nov. 08, 2017 | Oct. 13, 2017 | Sep. 12, 2017 | Aug. 11, 2017 | Jul. 10, 2017 | Jun. 02, 2017 | May 08, 2017 | Apr. 12, 2017 | Mar. 09, 2017 | Jan. 10, 2017 | Dec. 06, 2016 | Nov. 08, 2016 | Sep. 13, 2016 | Aug. 08, 2016 | Jul. 06, 2016 | Apr. 11, 2016 | Mar. 14, 2013 | Mar. 18, 2021 | Feb. 26, 2021 | Dec. 19, 2019 | Oct. 31, 2019 | Sep. 27, 2019 | Aug. 29, 2019 | Jul. 29, 2019 | Jun. 28, 2019 | Jun. 27, 2019 | May 23, 2019 | Apr. 19, 2019 | Mar. 26, 2019 | Mar. 22, 2019 | Feb. 25, 2019 | Jan. 17, 2019 | Dec. 24, 2018 | Nov. 30, 2018 | Nov. 28, 2018 | Nov. 23, 2018 | Oct. 26, 2018 | Aug. 17, 2018 | Aug. 16, 2018 | Sep. 05, 2017 | Feb. 13, 2017 | Oct. 17, 2016 | Jun. 22, 2016 | May 20, 2016 | Mar. 17, 2016 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2018 | Jul. 12, 2021 | Jan. 28, 2021 | Jan. 05, 2021 | Dec. 31, 2020 | Nov. 05, 2018 | Mar. 04, 2016 | Dec. 31, 2012 |
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $33,500 related to the conversion feature of the note, along with a derivative liability at inception. During the six months ended June 30, 2021, | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. We recorded a debt discount of $45,500 related to the conversion feature of the note, along with a derivative liability at inception. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, principal amount | $ 14,451 | $ 43,750 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 50,993 | $ 820,584 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 90,000 | 60,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 90,000 | $ 60,000 | $ 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 50,000 | 32,620 | $ 500,000 | $ 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Frequency of periodic payments | Monthly | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 387,569 | $ 216,337 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 354,905 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lender [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 95,261 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
July, 8 2020 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 50% discount from the lowest trading price during the 25 days prior to conversion. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 4,296 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 2,200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Jul. 8, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 2,800 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 24,131 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 19,836 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
July, 7 2020 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Jul. 7, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 19,422 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 1,980 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 13,578 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
October 2019 Convertible Promissory Note [Member] | Series E Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | $ 13,353 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 275,000 | $ 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
June 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 33,000 | 33,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Jun. 27, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 1,650 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 16,861 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Shares | 16,207,380 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Amount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
June 2017 Convertible Promissory Note [Member] | Series E Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 395,220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 892,190 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
August 2018 Convertible Promissory Note [Member] | Series E Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 101,224 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 490,500 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
December 2017 Convertible Promissory Note [Member] | Series E Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 151,255 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
May 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
March 2016 Convertible Promissory Note [Member] | Series E Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 165,514 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 460,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
December 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 2,351 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable [Member] | October 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.01; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 13,353 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 25,000 | $ 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | 25,000 | $ 25,000 | $ 1,546 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | $ 500,000 | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Oct. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 5,753 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 275,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 3 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 1 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 31,500 | $ 30,000 | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 35,000 | 33,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 35,000 | $ 33,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Nov. 9, 2021 | Nov. 23, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 2,100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 30,299 | 3,436 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 1 [Member] | Accounts Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 29,500 | 29,500 | 29,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Mar. 14, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 5.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 1.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 1 [Member] | October 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 24,180 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 1 [Member] | August 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender may advance the Company consideration for the note in such amounts as the lender may choose in its sole discretion. The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.01; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 22,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 25,000 | $ 500,000 | 395 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 1,500 | $ 3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | $ 1,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 11,180 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Shares | 17,022,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Amount | $ 24,605 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Conversion fees | 7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 2 [Member] | Related Parties [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | $ 57,050 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 58,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 5.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 2 [Member] | Related Parties [Member] | Note One [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 29,500 | 25,980 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Dec. 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 2 [Member] | Related Parties [Member] | Note Two [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 32,620 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 2 [Member] | October 2019 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 25,000 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | $ 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 20 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Feb. 9, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 38 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Feb. 9, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 27 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The note is convertible into shares of our common stock at a price per share equal to the lesser of: $0.03; 50% of the lowest trade price of our common stock subsequent to the effective date of the note; or the lowest effective price per share granted to any person or entity (exclusive of our officers and directors) to acquire common stock subsequent to the effective date of the note. The note initially matured, with respect to each advance, one year from the effective date of each advance. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Feb. 9, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, conversion price | $ 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 58 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 50% discount from the lowest trading price during the 25 days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at redemption premiums ranging from 25% to 45%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 57 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 55 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | $ 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 54 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 65,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 65,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 65,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 53 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 40 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 44 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 12,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 12,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 46 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 47 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 849 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 48 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 959 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 49 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 959 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 50 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 3,836 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 51 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 959 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 52 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 39 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 10,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 10,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 5 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 1,000,000 | $ 14,451 | 18,549 | $ 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 6,999 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 6 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 90,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 90,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | $ 1,000,000 | 14,810 | $ 18,549 | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 7,181 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal, amount | $ 75,190 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 7 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 8 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 9 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 87,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 87,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 10 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 11 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 12 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 13 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 14 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 15 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 16 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 17 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 18 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 95,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 95,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 19 [Member] | March 2016 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 395,220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 892,190 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 21 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 22 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 23 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 24 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 85,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 85,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 85,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 25 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 26 [Member] | June 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 165,514 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | $ 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 28 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 29 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 70,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 70,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 30 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 31 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 32 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 6,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 6,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 33 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 77,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 77,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 34 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 35 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 52,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 52,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 36 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 37 [Member] | December 2017 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 151,255 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 24,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 24,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible Notes Payable 45 [Member] | August 2018 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest, notes payable | 101,224 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 3,836 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | $ 490,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
August 18, 2020 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | $ 20,795 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Aug. 18, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 20,795 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 1,980 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 20,795 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
August 2019 [Member] | Convertible Notes Payable 3 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Aug. 13, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | $ 3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Shares | 16,747,584 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common stock shares issued in consideration for conversion of debt, Amount | $ 2,932 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest expense | $ 12,623 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
December 5, 2018 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 30,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Dec. 5, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 2,351 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
February 13, 2019 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 3,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Feb. 13, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 2,351 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
March 25, 2019 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, maturity date | Mar. 25, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | $ 2,351 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
October 1, 2020 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, convertible, terms of conversion feature | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 trading days prior to conversion. The Company may prepay the note during the 180 days from the issuance of the note at a redemption premium of 150%. After the expiration of 180 days after issuance, the Company has no right of prepayment. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | $ 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fees and expenses | $ 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued interest | 1,980 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 24,773 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
July 8, 2020 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
January 5, 2021 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
January 28, 2021 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
February 26, 2021 [Member] | Convertible Notes Payable [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount to interest expense | 90,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
January 8, 2021 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 24,500 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 15,641 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 33,500 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 17,859 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 33,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal fees | 3,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
June 7, 2021 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 24,500 | 35,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 2,426 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 38,500 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 36,074 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 38,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal fees | 3,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible note, principal balance | 38,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
April 5, 2021 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 24,500 | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 10,249 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 43,500 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 33,251 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 43,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal fees | 3,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount related conversion feature | 43,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
May 10, 2021 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | 24,500 | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 6,761 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 43,750 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 36,989 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 43,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal fees | 3,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount related conversion feature | 43,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
March 18, 2021 Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from convertible promissory notes | $ 24,500 | 42,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt discount | 9,848 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible promissory note, principal amount | 45,500 | $ 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument remaining discount | 44,325 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal balance | 35,652 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal fees | $ 3,500 |
LONG-TERM CONVERTIBLE NOTES PAY
LONG-TERM CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($) | Jan. 07, 2021 | Jun. 30, 2021 |
Debt discount | $ 354,905 | |
Notes payable | 500,000 | |
Long-Term Convertible Notes Payable [Member] | ||
Amortization of debt discount to interest expense | $ 27,521 | |
Beneficial ownership maximum percentage | 4.99% | |
Maturity date | Jan. 7, 2026 | |
Debt discount | $ 327,384 | |
Notes payable | $ 500,000 | |
Interest rate | 0.39% | 9.54% |
Conversion price | $ 0.013 | |
Convertible promissory note, principal amount | $ 645,095 |
PPP LOAN PAYABLE (Details Narra
PPP LOAN PAYABLE (Details Narrative) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Mar. 31, 2021 | |
Gain on forgiveness of PPP loan | $ 9,501 | |
Paycheck Protection Program [Member] | ||
Loan payable, principal amount | $ 9,501 |
MEZZANINE (Details Narrative)
MEZZANINE (Details Narrative) - USD ($) | Apr. 02, 2021 | Feb. 26, 2020 | Mar. 31, 2016 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Mar. 02, 2016 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 | ||||||
Conversion of stock, shares | 9,777,778 | ||||||||
Loss on extinguishment of debt | $ (16,490,508) | $ 0 | $ (16,490,508) | $ 0 | |||||
Settlement of derivative liabilities | $ 3,617,188 | $ 311,547 | |||||||
Convertible Promissory Notes [Member] | |||||||||
Conversion of stock, shares | 1,100 | ||||||||
Convertible notes payable, principal amount | $ 1,615,362 | ||||||||
Beneficial ownership maximum percentage | 4.99% | 4.99% | |||||||
Accrued Interest Payable [Member] | |||||||||
Convertible notes payable, principal amount | $ 264,530 | ||||||||
Preferred Stock Series E [Member] | |||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 | $ 0.001 | $ 0.001 | ||||
Preferred stock, authorized shares | 34,900 | 34,900 | 30,000 | ||||||
Conversion price | 0.0015 | $ 0.0015 | $ 0.0015 | $ 0.0015 | |||||
Conversion of stock, amount | $ 12,700 | ||||||||
Conversion of stock, shares | 8,466,667 | ||||||||
Preferred stock including additional paid in capital, face value | $ 100 | $ 100 | $ 100 | ||||||
Preferred stock including additional paid in capital | $ 3,000,000 | $ 3,000,000 | |||||||
Preferred stock, shares outstanding | 34,900 | 34,900 | |||||||
Preferred stock value outstanding | $ 1,492,800 | $ 1,492,800 | $ 1,505,500 | ||||||
Preferred Stock Series B [Member] | |||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 | ||||||
Preferred stock, shares outstanding | 14,928 | 14,928 | 15,055 | ||||||
Issuance of common stock for conversion of Series B preferred stock, shares | 127 | ||||||||
Preferred Stock Series E [Member] | Securities Purchase Agreement [Member] | |||||||||
Conversion of stock, shares | 45,000 | 1,100 | |||||||
Preferred stock, shares outstanding | 34,900 | 34,900 | |||||||
Preferred stock value outstanding | $ 3,490,000 | $ 3,490,000 | |||||||
Convertible notes payable, principal amount | $ 826,566 | ||||||||
Common stock shares issued upon preferred stock conversion | 9,777,778 | ||||||||
Remaining purchase authorized shares | 10,100 | 10,100 | |||||||
Purchase price | $ 100 | $ 100 | $ 100 | ||||||
Cancellation of shares | 34,900 | 2,617,690 | |||||||
Independent valuation firm, amount | $ 23,393,601 | ||||||||
Loss on extinguishment of debt | 16,490,508 | ||||||||
Settlement of derivative liabilities | $ 3,617,188 | ||||||||
Accrued interest | $ 45,740 | ||||||||
Debt instrument, interest rate | 10.00% |
STOCKHOLDERS DEFICIT (Details N
STOCKHOLDERS DEFICIT (Details Narrative) - USD ($) | Apr. 02, 2021 | Jan. 11, 2020 | Feb. 29, 2020 | Feb. 26, 2020 | Feb. 14, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 |
Common stock, shares authorized | 2,000,000,000 | 2,000,000,000 | |||||||
Common stock, par value | $ 0.001 | $ 0.001 | |||||||
Common stock, shares outstanding | 184,279,404 | 133,337,561 | |||||||
Common stock, shares issued | 184,279,404 | 133,337,561 | |||||||
Issuance of common stock for conversion of notes payable and accrued interest payable, shares | 40,677,465 | ||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | |||||||
Conversion of stock, shares | 9,777,778 | ||||||||
Preferred Stock Series E [Member] | Securities Purchase Agreement [Member] | |||||||||
Conversion of stock, shares | 45,000 | 1,100 | |||||||
Accrued interest payable | $ 45,740 | ||||||||
Convertible notes payable, principal amount | $ 826,566 | ||||||||
Common stock shares issued upon preferred stock conversion | 9,777,778 | ||||||||
Common Stock [Member] | |||||||||
Common stock, shares authorized | 2,000,000,000 | ||||||||
Common stock, par value | $ 0.001 | ||||||||
Reverse stock split description | the Company effected a reverse split of its common stock at a ratio of one for two hundred twenty-five shares (1:225) with the filing of a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada. | ||||||||
Conversion of stock, shares | 8,466,667 | ||||||||
Accrued interest payable | $ 22,219 | ||||||||
Fees | $ 2,250 | ||||||||
Reduction in derivative liabilities | $ 204,091 | 311,547 | |||||||
Preferred stock, authorized shares | 20,000,000 | ||||||||
Convertible notes payable, principal amount | $ 8,600 | $ 8,689 | |||||||
Common stock, shares issued during period | 37,606,169 | 50,457,848 | |||||||
Shares issued upon debt conversion, Amount | $ 163,261 | $ 87,081 | |||||||
Penalty per day for failure to deliver of shares | $ 1,500 | ||||||||
Common stock shares issued upon preferred stock conversion | 9,777,778 | ||||||||
Preferred stock converted shares | 1,100 | ||||||||
Debt Conversion, Converted Instrument, Amount | $ 12,700 | ||||||||
Reverse split rounding of shares, shares | 2,605 | 3 | |||||||
Preferred Stock Series D [Member] | |||||||||
Designates shares | 1,000 | ||||||||
Preferred stock face value | $ 15,000 | ||||||||
Preferred stock, outstanding shares | 1,000 | 1,000 | |||||||
Description of redemption | Series D Preferred Stock shall be automatically, and without any required action by the Company or the holders thereof, redeemed by the Company at their par value on the first to occur of the following triggering events: (i) a date forty-five (45) days as after the Effective Date | ||||||||
Preferred Stock Series B [Member] | |||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | |||||||
Preferred stock, authorized shares | 14,928 | 15,055 | |||||||
Debt Conversion, Converted Instrument, Amount | $ 12,700 | ||||||||
Preferred stock, outstanding shares | 14,928 | 15,055 | |||||||
Conversion price description | For so long as any shares of the Series D Preferred Stock remain issued and outstanding, the holders thereof, voting separately as a class, shall have the right to vote in an amount equal to fifty-one percent (51%) of the total voting power of the Company’s shareholders. | ||||||||
Common stock shares issued for conversion | 4,869,007 | ||||||||
Issuance of common stock for conversion of Series B preferred stock, shares | 127 | ||||||||
Preferred Stock Series D [Member] | November 2019 [Member] | Mr. Beifuss [Member] | |||||||||
Preferred stock, par value | $ 0.001 | ||||||||
Common stock, shares issued during period | 1,000 | ||||||||
Conversion price description | The shares were automatically redeemed in January 2020, 45 days after the effective date of the related Series D Preferred Stock Certificate. |
STOCK OPTIONS (Details)
STOCK OPTIONS (Details) | 6 Months Ended |
Jun. 30, 2021USD ($)$ / sharesshares | |
Number of shares | |
Outstanding shares, beginning | shares | 210,177,778 |
Granted | shares | 20,000,000 |
Forfeited or expired | shares | 0 |
Outstanding shares, ending | shares | 230,177,778 |
Outstanding shares, Exercisable | shares | 45,247,269 |
Weighted Average Exercise Price | |
Weighted average exercise price, beginning | $ / shares | $ 0.018 |
Weighted average exercise price, granted | $ / shares | 0.050 |
Weighted average exercise price, forfeited or expired | $ / shares | 0 |
Weighted average exercise price, ending | $ / shares | 0.021 |
Weighted average exercise price, exercisable | $ / shares | $ 0.024 |
Weighted Average Remaining Contract Term (Years) | |
Outstanding weighted average remaining contract term, beginning | 8 years 7 months 24 days |
Outstanding weighted average remaining contract term, Exercisable | 4 years 5 months 26 days |
Outstanding weighted average remaining contract term, ending | 4 years 5 months 26 days |
Aggregate Intrinsic Value | |
Aggregate intrinsic value, ending | $ | $ 1,060,000 |
Aggregate intrinsic value, exercisable | $ | $ 216,132 |
STOCK OPTIONS (Details 1)
STOCK OPTIONS (Details 1) | 6 Months Ended |
Jun. 30, 2021 | |
Maximum [Member] | |
Risk free interest rates | 0.30% |
Expected life | 4 years 3 days |
Expected volatility | 362.10% |
Minimum [Member] | |
Risk free interest rates | 0.15% |
Expected life | 2 years 6 months 14 days |
Expected volatility | 326.70% |
STOCK OPTIONS (Details Narrativ
STOCK OPTIONS (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | 6 Months Ended | |||
Jan. 28, 2021 | Dec. 22, 2020 | Jun. 30, 2021 | Mar. 31, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Unrecognized stock-based compensation | $ 3,811,520 | $ 3,811,520 | ||||
Stock option, amount | $ 998,134 | $ 3,726,549 | ||||
Outstanding shares, ending | 230,177,778 | |||||
Common stock closing price | $ 0.0219 | $ 0.0219 | ||||
Stock option, exercise prices | $ 0.05 | |||||
Stock-based compensation | $ 353,891 | $ 0 | $ 804,649 | $ 0 | ||
Non qualified stock options, total | 20,000,000 | |||||
Vesting period, descriptions | These options vest 1/36th per month over thirty-six months. | |||||
Five Officers and Directors and Consultants [Member] | On October19, 2020 and December 22, 2020 [Member] | ||||||
Non qualified stock options, total | 210,000,000 | |||||
Vesting period, descriptions | Of these non-qualified options, 5,000,000 vest 1/24th per month over twenty- four months and 205,000,000 vest 1/36th per month over thirty-six months. | |||||
Maximum [Member] | Five Officers and Directors and Consultants [Member] | ||||||
Stock option, exercise prices | $ 0.017 | |||||
Minimum [Member] | Five Officers and Directors and Consultants [Member] | ||||||
Stock option, exercise prices | $ 0.0108 |
DERIVATIVE LIABILITIES (Details
DERIVATIVE LIABILITIES (Details) | 6 Months Ended |
Jun. 30, 2021$ / shares | |
Conversion to stock | Monthly |
Stock price on the valuation date | $ 0.022 |
Derivative Liabilities [Member] | Maximum [Member] | |
Risk free interest rates | 2.84% |
Expected volatility | 351.10% |
Years to maturity | 15 years |
Derivative Liabilities [Member] | Minimum [Member] | |
Risk free interest rates | 0.22% |
Expected volatility | 146.70% |
Years to maturity | 1 month 24 days |
DERIVATIVE LIABILITIES (Detai_2
DERIVATIVE LIABILITIES (Details 1) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Derivative liability | $ 6,806,138 | $ 11,282,091 |
Stock Option [Member] | ||
Derivative liability | 5,006,962 | 3,776,059 |
Convertible Notes Payable [Member] | ||
Derivative liability | 1,799,176 | 3,368,619 |
Preferred Stock Series B [Member] | ||
Derivative liability | $ 0 | $ 4,137,413 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 1 Months Ended | 6 Months Ended | 12 Months Ended | |||
Jan. 28, 2021 | Dec. 22, 2020 | Feb. 26, 2020 | Jun. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Converted shares of common stock | 9,777,778 | |||||
Stock option, Granted | 20,000,000 | |||||
Stock option, exercise prices | $ 0.05 | |||||
Fees payable | $ 60,000 | $ 80,000 | ||||
Common shares issued, amount | 143,000 | |||||
Four Officers and Directors and Consultants [Member] | ||||||
Stock option vested, description | The options vest 1/36th per month | |||||
Stock option, Granted | 205,000,000 | |||||
Stock option, exercise prices | $ 0.017 | |||||
William E. Beifuss Jr. [Member] | November 1, 2016 [Member] | ||||||
Consulting fees for service, per month | 10,000 | |||||
William E. Beifuss Jr. [Member] | Preferred Stock Series B [Member] | ||||||
Converted shares of common stock | 1,100 | |||||
Byron Elton [Member] | ||||||
Stock option, Granted | 5,000,000 | |||||
Mr. Beifuss [Member] | ||||||
Stock option, Granted | 25,000,000 | |||||
Fees payable | $ 60,000 | 80,000 | ||||
Accrued compensation expense | $ 120,000 | $ 120,000 | ||||
Mr. Beifuss [Member] | Preferred Stock Series D [Member] | November 2019 [Member] | ||||||
Common stock, issued, shares | 1,000 | |||||
Common shares issued, amount | $ 15,000 | |||||
Conversion price description | The shares were automatically redeemed in January 2020, 45 days after the effective date of the related Series D Preferred Stock Certificate. |
COMMITMENTS AND CONTINGENCIES (
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) | Sep. 05, 2017 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 |
Rent per month | $ 1,000 | ||||
Operating lease cost | $ 3,000 | $ 3,000 | $ 6,000 | $ 6,000 | |
William E. Beifuss Jr. [Member] | November 1, 2016 [Member] | |||||
Consulting fees for service, per month | $ 10,000 |
SUBSEQUENT EVENTS (Details Narr
SUBSEQUENT EVENTS (Details Narrative) - USD ($) | Jul. 12, 2021 | Jun. 30, 2021 | Dec. 31, 2020 |
Debt instrument, principal amount | $ 43,750 | $ 14,451 | |
Common stock, shares issued | 184,279,404 | 133,337,561 | |
Securities Purchase Agreement [Member] | Investor [Member] | |||
Debt instrument, principal amount | $ 14,100 | ||
Series E preferred stock, shares agreed to purchase | 9,400,000 | ||
Series B preferred stock, shares convertible into common stock at an adjustable conversion price | 141 | ||
Subsequent Event [Member] | |||
Net proceeds | 40,000 | ||
Legal fees | 3,000 | ||
Diligence fees due | $ 750 | ||
Lender description | The lender, at its option after 180 days from the issuance of the note, may convert the unpaid principal balance of, and accrued interest on, the note into shares of the Company’s common stock at a 45% discount from the lowest trading price during the 20 consecutive trading days immediately prior to conversion. The Company may prepay the note at any time beginning on the date of the issuance of the note until 180 days after the date of issuance of the note at a prepayment premium of 150%, after which the Company has no right of prepayment. | ||
July 12, 2021 [Member] | |||
Common stock, shares issued | 3,737,895 | ||
Converted principal amount | $ 33,500 | ||
Accrued interest | 2,010 | ||
Common stock shares [Member] | |||
Consultants for services value | $ 30,000 | ||
Common stock, shares issued | 1,428,570 |