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SUBSEQUENT EVENTS AFTER JUNE 30, 2018
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS AFTER JUNE 30, 2018

NOTE 11: SUBSEQUENT EVENTS AFTER JUNE 30, 2018

The Company has evaluated subsequent events that occurred through the date of the filing of the Company's second quarter 2018 Form 10-Q.

Asset Purchase and Rescission

On January 31, 2018, the Company completed the purchase of the intellectual property assets of Simple Cork, Inc., a Florida corporation, and wholly-owned subsidiary of Vapor Group, Inc. (the "Asset Purchase").

On July 10, 2018, the Company, Vapor Group, Inc. and Simple Cork, Inc., the non-publicly-traded subsidiary company of Vapor Group, Inc. jointly announced that they had reached a settlement and resolution pertaining to the Asset Purchase, dated January 31, 2018, Under the terms and conditions of the settlement and resolution, the Asset Purchase Agreement in its entirety is rescinded ab initio. In its place, the Company and Vapor Group shall issue a share dividend of common stock of Simple Cork, Inc., which is being spun-off pursuant to the provisions of a Tier 2 Regulation A filing with the Securities and Exchange Commission not later than by Friday, September 14, 2018, which date has been set as the ex-dividend date or the issuance date for shareholders of record of either Company. The ratio of the quantity of shares of Simple Cork, Inc. to be issued per shares held of either of the Company and Vapor Group, Inc. will be announced at a later date.

In addition, each shareholder of the Company and Vapor Group, Inc. shall receive rights to acquire additional shares of Simple Cork, Inc. as the spun-off company at a 50% discount to the IPO price as set in the Reg A+ filing for new shareholders. The new Simple Cork, Inc. shareholders, not shareholders of the Company or Vapor Group, Inc., shall not be entitled to such rights.

The result is that neither the Company nor Vapor Group, Inc. will own the intellectual property assets of Simple Cork, Inc. Instead, Simple Cork, Inc., as a separate public entity, will own such intellectual property rights and will in turn be owned, separately, by its own shareholders. Simple Cork, Inc. shall separately assume responsibility for the development of "Simple Cork™".

Share Issuances and Cancellations

On July 3, 2018 the Company cancelled the 2,500,000 shares of common stock at $0.0001 value having as beneficiary to Shelby White, such issuance was made in error.

On July 6, 2018 the Company issued 10,000,000 common stock restricted shares, $0.0001 par value per share, converting 10,000 shares of the one million (1,000,000) Series A Preferred Stock.

On July 6, 2018 the Company issued 1,715,961 shares of common stock value at the conversion price of $0.03897. The shares were issued to convert $59,200 of the principal amount and $7,671 interest of the Note dated as of March 24, 2017, having as beneficiary to Eagle Equities LLC.

On August 3, 2018 the Company issued 2,298,212 shares of common stock value at the conversion price of $0.0413. The shares were issued to convert $95,008.08 of principal, including penalty charge of the Note dated as of March 27, 2017, having as beneficiary to D&D Capital, Inc.

On August 6, 2018 the Company issued 50,000 common stock restricted shares, $0.0001 par value per share, to each of three persons, 150,000 shares total, for services rendered.

Change In Officers and Directors

On August 1, 2018, the Company appointed Dror Svorai, a member of its Board of Directors. Following Mr. Svorai's appointment and acceptance as a member of the Board of Directors, the Board of Directors accepted the resignation of Yaniv Nahon as the President/Chief Executive Officer, Secretary, Treasurer/Chief Financial Officer and a member of the Board of Directors. Immediately following the resignation of Mr. Nahon, the Board of Directors appointed Dror Svorai, a member of the Board of Directors, as the Corporation's President/Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer of the Company. Therefore, the sole member of the Board of Directors is Dror Svorai. Mr. Nahon did not resign as a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Acquisition of Northway Mining, LLC and Pending Purchase Contract

On August 1, 2018, the Company entered into an acquisition agreement (the "Acquisition Agreement") to acquire the majority ownership interest of Northway Mining, LLC ("Northway"). a New York limited liability company, located at 707 Flats Road, Athens, New York. Northway is a cryptomining data center hosting third-party owned and operated cryptomining machines within its 5000 square feet facility. It currently is hosting over 1,100 machines in its facilities at Flats Road under individual service agreements with third-party machine owners.

Pursuant to the Acquisition Agreement the Company acquired fifty-five percent (55%) of the ownership units of Northway in return for an investment of $1,100,000 (U.S.) for the purposes of providing working capital and funds to Northway for improvements to, and expansion of, its facilities, and the purchase of 30-acres of flat land and buildings at its Athens, New York address owned by a third party per that separate "Agreement for Purchase of Property between Northway Mining, LLC and CSX4236 Motorcycle Salvage LLC" (the "Land Purchase Agreement"). (The "Acquisition") Under the terms and conditions of the Acquisition, Northway has amended and restated its New York State limited liability company Operating Agreement under which it is stated that it will maintain its current management.

In addition, per the Acquisition Agreement, the Company is providing the current Northway management with a performance based stock option for two and a half million (2,500,000) shares of the Company's restricted common stock as earned over a period of six ( 6) months for the achievement of performance goals as established by the Board of Directors of the Company.

Separately in connection with the Acquisition Agreement, the Company assigned a purchase contract in total amount of $950,000 ("Purchase ..Amount') to Northway that it has entered into pending the closing of the Acquisition for the purchase of a building located at 2 Flint Mine Road, Coxsackie, NY 12051, SBL Nos. 71.00-1-20 and 71.00-1-3.112 (the "Purchase Contract") which is to be used solely by Northway (the "Agreement for Purchase of Property between Mining Power Group, Inc. and Northway Mining, LLC" or the "Building Purchase Agreement"). Under the terms of Building Purchase Agreement, the Company shall pay on behalf of Northway, which shall own the building, $350,000 at closing, with Northway paying the remainder of the Purchase Amount over time per the terms of the Purchase Contract.