XML 42 R30.htm IDEA: XBRL DOCUMENT v3.19.2
Notes Payable (Details) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Three Credit Card Processors [Member]    
Convertible notes of $550,000 issued in May of 2018.  These notes have a maturity date of May 28, 2019 and accrue interest at a rate of 12% compounded annually.  The conversion price for these notes is $0.23 per share of common stock, subject to adjustment.  The borrowers have converted $344,642 of these notes including $9,922 of interest as of June 30, 2019 and December 31, 2018.  One note has been repaid as of June 30, 2019, and the other note is currently in default. $ 170,280 $ 215,280
Warrants to purchase up to 2,391,305 shares of common stock with an exercise price of $0.28 per share.  The fair value of the warrants was determined to be $533,691 and was recorded as a debt discount to be amortized over the life of the note.  For the six months ended June 30, 2019 and year ended December 31, 2018, amortization of debt discount was $217,864 and $315,828, respectively. (217,864)
Promissory note of $230,000 issued in October of 2018.  This note has a maturity date of April 1, 2019 and bears no interest, but requires an additional $30,000 from the original $200,000 received.  The Company has recorded $0 and $12,000 as accrued interest as of June 30, 2018 and December 31, 2018, respectively.  This note was repaid on April 1, 2019. 200,000
Related party promissory note of $106,000 issued in December of 2018.  This note has a maturity date of March 1, 2019 and bears no interest, but requires an additional $6,000 from the original $100,000 received.  The Company has recorded $9,000 as accrued interest as of June 30, 2019. 100,000 50,000
Total notes payable $ 270,280 $ 247,416