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Merger Agreement (Tables)
 9 Months Ended
Sep. 30, 2019
Business Combinations [Abstract]  
Schedule of Merger Transaction Investment

Following the closing of the merger transaction the Company’s investment in TW consisted of the following:

 

    Shares     Amount  
Consideration paid prior to Closing:                
Cash paid           $ 500,000  
Common stock issued     12,000,000       1,200,000  
Total consideration paid     12,000,000     $ 1,700,000  
Consideration paid at Closing:                
Common stock to be issued at closing (1)     152,555,416     $ 60,683,006  
Series A Preferred Stock to be issued at closing     3,000,000       120,000  
Note payable due December 31, 2018             3,000,000  
Total consideration to be paid           $ 63,803,006  
                 
Total consideration           $ 65,503,006  

 

  (1) The common shares issued at closing of the merger transaction had a closing price of approximately $0.40 per share on the date of the transaction.
Schedule of Unaudited Pro-forma Combined Results of Operations

The following presents the unaudited pro-forma combined results of operations of the Company with the TW Business as if the entities were combined on January 1, 2018.

 

    Nine Months Ended  
    September 30, 2018  
Revenues, net   $ 5,547,888  
Net loss   $ (664,837 )
Net loss per share   $ (0.01 )
Weighted average number of shares outstanding     79,529,231