Annual report pursuant to Section 13 and 15(d)

Convertible Note Payable (Narrative) (Details2)

v3.19.3
Convertible Note Payable (Narrative) (Details2) - USD ($)
 4 Months Ended 12 Months Ended
Nov. 20, 2018
Nov. 05, 2018
Aug. 28, 2018
Dec. 31, 2018
Dec. 31, 2018
Dec. 31, 2017
Short-term Debt [Line Items]
Net proceeds from convertible promissory notes $ 2,541,470 $ 1,576,500
Amount of unamortized discount chraged to interest expenses at the time of conversion $ 6,828,939 $ 5,842,802
Warrants [Member]
Short-term Debt [Line Items]
Warrants issued for debt as an investment incentive 50,846,817 109,653,846
Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, shares 80,428,246
Secured Convertible Promissory Notes - St George Investments [Member]
Short-term Debt [Line Items]
Note assigned from St.George $ 250,000
Secured Convertible Promissory Notes - St George Investments [Member] | Fair Value Assumptions At Issuance Date [Member]
Short-term Debt [Line Items]
Fair value of embedded derivatives $ 1,588,493 $ 1,588,493
Fair value of assumption model Binomial Option Pricing Model
Dividend yield 0.00%
Expected volatility 422.68%
Weighted average risk-free interest rate 2.75%
Expected life 5 years
Estimated fair value of common stock $ 0.0353 $ 0.0353
Secured Convertible Promissory Notes - St George Investments [Member] | Fair Value Assumptions At Funding Date [Member]
Short-term Debt [Line Items]
Fair value of embedded derivatives $ 1,716,396 $ 1,716,396
Fair value of assumption model Binomial Option Pricing Model
Dividend yield 0.00%
Expected volatility 422.68%
Weighted average risk-free interest rate 2.31%
Expected life 9 months 29 days
Estimated fair value of common stock $ 0.0353 $ 0.0353
Secured Convertible Promissory Notes - St George Investments [Member] | Interest Expense [Member]
Short-term Debt [Line Items]
Remainder amount in net proceeds $ 1,716,396
Secured Convertible Promissory Notes Assigned To John Fife [Member]
Short-term Debt [Line Items]
Convertible promissory note face value 250,000
Fair value of embedded derivatives $ 260,233
Fair value of assumption model Binomial Option Pricing Model
Dividend yield 0.00%
Expected volatility 418.01%
Weighted average risk-free interest rate 2.20%
Expected life 30 days
Estimated fair value of common stock $ 0.0204
Amount of unamortized discount chraged to interest expenses at the time of conversion $ 99,041
Secured Convertible Promissory Notes Assigned To John Fife [Member] | Common Stock [Member]
Short-term Debt [Line Items]
Shares issued for settlement of debt, shares 8,576,329
Shares issued for settlement of debt, value $ 99,041
Accrued interest portion of debt converted into common stock 959
Derivative liabilities portion of debt converted into common stock $ 125,625
Secured Convertible Promissory Notes Assigned To John Fife [Member] | Interest Expense [Member]
Short-term Debt [Line Items]
Remainder amount in net proceeds $ 10,233
Secured Convertible Promissory Notes August 28, 2018 - St George Investments [Member]
Short-term Debt [Line Items]
Convertible promissory note face value $ 1,105,000
Convertible promissory note interest rate 10.00%
Convertible promissory note description The promissory note was funded in seven tranches of $60,000; $71,000; $15,000; $75,000; $200,000; $200,000; and $200,000.
Convertible promissory note conversion terms The promissory note is convertible, at any time at the lender’s option, at $0.04. 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 due date description It is due upon maturity ten months after purchase price date.
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.
Convertible promissory note original interest discount $ 100,000
Legal fees for convertible promissory note $ 5,000
Net proceeds from convertible promissory notes $ 825,000
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 45,000,000
Cashless warrant period 5 years
Exercisable price $ 0.04