|3 Months Ended|
Mar. 31, 2020
|Subsequent Events [Abstract]|
|Subsequent Events [Text Block]||
NOTE 7: SUBSEQUENT EVENTS
During April 2020, a related party convertible note holder elected to convert $100,000 of note principal into 1,250,000 shares of the Company’s common stock at $0.08 per share.
During April 2020, the company entered into a six month 5% convertible note with a third party for $247,500. The note attracted approx. 10% OID and will be convertible after six months at a 35% discount. The company retains the right to buy back the note during the first six months.
During May 2020, convertible note holders elected to convert a total of $139,500 of note principal and $4,000 in accrued interest and $500 in fees into 4,430,768 shares of the Company’ common stock at approximately $0.03 per share.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef