Annual report pursuant to Section 13 and 15(d)

Convertible Notes Payable (Narrative) (Details2)

v3.20.1
Convertible Notes Payable (Narrative) (Details2) - USD ($)
 4 Months Ended 9 Months Ended 12 Months Ended
Mar. 25, 2019
Mar. 21, 2019
Jan. 29, 2019
Nov. 05, 2018
Aug. 28, 2018
Dec. 31, 2018
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Short-term Debt [Line Items]
Gain (loss) on debt settlement $ (3,770,974) $ 94,933
Convertible notes payable $ 2,028,849 4,002,528 2,028,849
Net proceeds from convertible promissory notes 2,802,500 2,541,470
Debt discount 896,180 $ 716,648 $ 896,180
Warrants [Member]
Short-term Debt [Line Items]
Warrants issued for debt as an investment incentive 2,370,298 1,827,564
Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, shares 1,340,471
Secured Convertible Promissory Notes - St George Investments [Member]
Short-term Debt [Line Items]
Note assigned from St.George $ 250,000
Secured Convertible Promissory Notes Assigned To John Fife [Member]
Short-term Debt [Line Items]
Note assigned to John Fife $ 250,000
Secured Convertible Promissory Notes Assigned To John Fife [Member] | Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, value $ 150,959
Accrued interest portion of debt converted into common stock 4,963
Derivative liabilities portion of debt converted into common stock $ 160,454
Shares issued for settlement of debt, shares 394,460
Secured Convertible Promissory Notes - St George Investments [Member]
Short-term Debt [Line Items]
Gain (loss) on debt settlement $ 21,586
Convertible notes payable 0
Accrued interest 0
Secured Convertible Promissory Notes - St George Investments [Member] | Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, value 550,000
Accrued interest portion of debt converted into common stock 122,694
Derivative liabilities portion of debt converted into common stock $ 441,394
Shares issued for settlement of debt, shares 1,710,897
Secured Convertible Promissory Notes August 28, 2018 - St George Investments [Member]
Short-term Debt [Line Items]
Gain (loss) on debt settlement $ 28,138
Convertible notes payable 828,518
Accrued interest 28,138
Convertible promissory note face value $ 1,128,518
Convertible promissory note overfunding $ 23,518
Convertible promissory note interest rate 10.00%
Convertible promissory note interest rate description The promissory note bears interest at 10% compounded daily
Convertible promissory note due date Jun. 30, 2019
Convertible promissory note original issue discount $ 100,000
Legal, accounting and other transaction costs with respect to convertible promissory note $ 5,000
Net proceeds from convertible promissory notes $ 825,000 198,518
Convertible promissory note conversion terms The promissory notes are convertible, at any time at the lender’s option, at $2.40 per share. However, in the event the Company’s market capitalization (as defined) falls below $30,000,000, the conversion rate is 60% of the 3 lowest closing trade prices due the 20 trading days immediately preceding date of conversion, subject to additional adjustments, as defined. In addition, the promissory note includes certain anti-dilution provisions should the Company subsequently issue any common stock or equivalents at an effective price less than the lender conversion price.
Convertible promissory note payment terms The Company has a right to prepayment of the note, subject to a 15% prepayment premium and is secured by a trust deed of certain assets of the Company.
Gross proceeds from convertible promissory note 218,518
Debt discount $ 1,114,698
Secured Convertible Promissory Notes August 28, 2018 - St George Investments [Member] | Warrants [Member]
Short-term Debt [Line Items]
Warrants issued for debt as an investment incentive 750,000
Cashless warrant period 5 years
Exercisable price $ 2.40
Fair value of issued warrants $ 1,588,493
Secured Convertible Promissory Notes August 28, 2018 - St George Investments [Member] | Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, value 1,000,859
Derivative liabilities portion of debt converted into common stock $ 840,299
Shares issued for settlement of debt, shares 4,475,543
Secured Convertible Promissory Notes January 29, 2019 - St George Investments [Member]
Short-term Debt [Line Items]
Convertible notes payable $ 1,406,482
Convertible promissory note face value $ 2,205,000
Convertible promissory note interest rate 10.00%
Convertible promissory note interest rate description The promissory note bears interest at 10% compounded daily
Convertible promissory note due date Dec. 05, 2019
Convertible promissory note original issue discount $ 200,000
Legal, accounting and other transaction costs with respect to convertible promissory note $ 5,000
Net proceeds from convertible promissory notes 1,276,482
Convertible promissory note conversion terms The promissory note is convertible, at any time at the lender’s option, at $2.40 per share. However, in the event the Company’s market capitalization (as defined) falls below $30,000,000, the conversion rate is 60% of the 3 lowest closing trade prices due the 20 trading days immediately preceding date of conversion, subject to additional adjustments, as defined. In addition, the promissory note includes certain anti-dilution provisions should the Company subsequently issue any common stock or equivalents at an effective price less than the lender conversion price.
Convertible promissory note payment terms The Company has a right to prepayment of the note, subject to a 15% prepayment premium and is secured by a trust deed of certain assets of the Company.
Gross proceeds from convertible promissory note 1,406,482
Debt discount $ 1,118,606
Secured Convertible Promissory Notes January 29, 2019 - St George Investments [Member] | Warrants [Member]
Short-term Debt [Line Items]
Warrants issued for debt as an investment incentive 1,500,000
Cashless warrant period 5 years
Exercisable price $ 2.40
Fair value of issued warrants $ 999,838
Secured Convertible Promissory Notes March 25, 2019 - St George Investments [Member]
Short-term Debt [Line Items]
Convertible notes payable $ 2,947,890
Accrued interest $ 314,547
Convertible promissory note face value $ 580,000
Convertible promissory note interest rate 10.00%
Convertible promissory note interest rate description The promissory note bears interest at 10% compounded daily
Convertible promissory note due date Jan. 24, 2020
Convertible promissory note original issue discount $ 75,000
Legal, accounting and other transaction costs with respect to convertible promissory note $ 5,000
Net proceeds from convertible promissory notes 500,000
Convertible promissory note conversion terms The promissory notes are convertible, at any time at the lender’s option, at $2.40 per share. However, in the event the Company’s market capitalization (as defined) falls below $30,000,000, the conversion rate is 60% of the 3 lowest closing trade prices due the 20 trading days immediately preceding date of conversion, subject to additional adjustments, as defined. In addition, the promissory note includes certain anti-dilution provisions should the Company subsequently issue any common stock or equivalents at an effective price less than the lender conversion price.
Convertible promissory note payment terms The Company has a right to prepayment of the note, subject to a 15% prepayment premium and is secured by a trust deed of certain assets of the Company.
Gross proceeds from convertible promissory note $ 580,000
Debt discount $ 483,966
Secured Convertible Promissory Notes March 25, 2019 - St George Investments [Member] | Warrants [Member]
Short-term Debt [Line Items]
Warrants issued for debt as an investment incentive 375,000
Cashless warrant period 5 years
Exercisable price $ 2.40
Fair value of issued warrants $ 258,701