Convertible Notes Payable (Details Textual) - Convertible promissory note [Member] - USD ($) |
1 Months Ended | 3 Months Ended | ||
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Mar. 04, 2019 |
Feb. 13, 2019 |
Mar. 31, 2019 |
Mar. 31, 2018 |
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Convertible Notes Payable (Textual) | ||||
Interest expense related to Notes I and II | $ 34,547 | $ 37,762 | ||
Weighted average interest rate | 8.50% | 8.70% | ||
Debt discount charged to interest expense | $ 2,883 | $ 31,302 | ||
Securities purchase agreement [Member] | ||||
Convertible Notes Payable (Textual) | ||||
Convertible promissory note | $ 63,600 | $ 66,000 | ||
Maturity date | Mar. 04, 2020 | Feb. 13, 2020 | ||
Interest rate | 5.00% | 12.00% | ||
Original issue discount | $ 10,600 | $ 11,000 | ||
Received net proceeds | 50,000 | 52,000 | ||
Origination fees, net | 3,000 | 3,000 | ||
Debt premium | $ 14,919 | $ 15,481 |
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- References No definition available.
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- Definition Debt discount. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition Excess (deficiency) of net proceeds received over the net carrying value of a certain, bundled grouping of insurance policies. No definition available.
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings, excluding amortization of debt discount (premium) and financing costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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