Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Deficit (Tables)

v3.20.2
Shareholders' Deficit (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of redemption period
Redemption Period   Redemption Percentage  
1. The period beginning on the date of the issuance of shares of Series A Preferred Stock and ending on the date which is sixty days following the Issuance Date.     100 %
2. The period beginning on the date that is sixty-one days from the Issuance Date and ending ninety days following the Issuance Date.     107 %
3. The period beginning on the date that is ninety-one days from the Issuance Date and ending one hundred twenty days following the Issuance Date.     112 %
4. The period beginning on the date that is one hundred twenty-one days from the Issuance Date and ending one hundred fifty days following the Issuance Date.     117 %
5. The period beginning on the date that is one hundred fifty-one days from the Issuance Date and ending one hundred eighty days following the Issuance Date.     120 %
Schedule of nonvested activity
      Number of
Non-vested
Shares
    Weighted
Average
Grant Date
Fair Value
 
Non-vested, December 31, 2019       17,675,299     $ 0.23  
Granted       7,450,000       0.04  
Shares vested       (1,273,373 )     (0.41 )
Non-vested, September 30, 2020       23,851,926     $ 0.16  
Schedule of stock option activities
      Number of Options     Weighted Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic Value
 
Balance Outstanding, December 31, 2019       8,445,698     $ 0.40                  
Granted       -       -                  
Forfeited       -       -                  
Balance Outstanding, September 30, 2020       8,445,698     $ 0.40       5.39     $ 0  
Exercisable, September 30, 2020       8,404,602     $ 0.40       5.39     $ 0  
Schedule of warrant activities
      Number of Warrants     Weighted Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic Value
 
Balance Outstanding December 31, 2019       2,050,000     $ 0.10       -     $      -  
Granted       288,750       0.10                  
Cancelled       (288,750 )     0.10                  
Balance Outstanding September 30, 2020       2,050,000     $ 0.05       3.91     $ -  
Exercisable, September 30, 2020       2,050,000     $ 0.05       3.91     $ -