Annual report pursuant to Section 13 and 15(d)

Related party (Details Narrative)

v3.21.1
Related party (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 12 Months Ended
Feb. 25, 2019
Nov. 29, 2016
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Interest expenses       $ 41,432 $ 40,753
Amortized discount       1,860,096 1,763,024
Unamortized balance of discount       3,260,647 5,243,033
Remaining debt discount       1,974,080 1,752,639
AC Midwest Subordinated Note [Member]          
Discount on debentures       6,916,687  
Related party debt restructuring resulting in capital contribution       3,412,204  
Remaining debt discount       $ 1,070,819  
Market rate of interest       21.00%  
AC Midwest Unsecured Note [Member]          
Principal outstanding on notes $ 13,154,931 $ 13,000,000      
Maturity Date Aug. 25, 2022 Dec. 15, 2020      
Net licensing revenue     $ 3,500,000    
Repayment of debt description       In connection with the New AC Midwest Unsecured Note the Company shall pay the principal outstanding, as well as the Profit Share, in an amount equal to 60.0% of Net Litigation Proceeds until such time as any litigation funder has been paid in full and, thereafter, in an amount equal to 75.0% of such Net Litigation Proceeds until the Unsecured Note and Profit Share have been paid in full. In addition, and within 30 days following the end of each fiscal quarter  
Secured Note [Member]          
Interest rate       15.00%  
Principal outstanding on notes   $ 9,646,686   $ 271,686 271,686
Maturity Date   Dec. 15, 2018   Aug. 25, 2022  
David M. Kaye [Member]          
Related party debt       $ 168,750 43,750
MEEC [Member]          
Interest rate       21.00%  
Fair Value of sharing profit       $ 1,954,383  
Estimated time of profit sharing       16 years  
Yearly payment description       Between $100,000 to $350,000 paid quarterly after the first three years  
Kaye Cooper Kay & Rosenberg, LLP [Member]          
Legal services expense       $ 175,275 $ 329,729