Warrants (Details Narrative) - USD ($) |
6 Months Ended | |
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Jun. 30, 2019 |
Jun. 30, 2018 |
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Discount on convertible promissory notes payable | $ 197,664 | |
Proceeds from the issuance of convertible promissory notes and related warrants | $ (1,300,000) | |
Warrants [Member] | ||
Volatility factor rate | 100.00% | |
Discount on convertible promissory notes payable | $ 197,664 | |
Proceeds from the issuance of convertible promissory notes and related warrants | $ (1,300,000) | |
Warrants to purchase common shares | 1,300,000 | |
Conversion price description | The notes are convertible into shares of common stock, with the initial conversion ratio equal to $0.50 per share | |
Exercise price | $ 0.70 |
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- Definition This item represents the volatility of the security's fair value, represented as a percentage, which was considered as one of the potential factors in reaching a conclusion that the available-for-sale investments are not other-than-temporarily impaired. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the conversion terms of a debt instrument which may include the conversion ratio (including all potential conversion ratios if contingently adjustable), type of debt or equity security into which the debt is convertible, the dollars of debt or the number of shares into which the instrument is convertible (or potentially convertible into), the conversion period, any contingencies associated with the conversion terms, and the existence and amount of a beneficial conversion feature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
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- Details
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