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Debt (Tables)
 9 Months Ended
Sep. 30, 2021
Notes Payable [Member]  
Short-term Debt [Line Items]  
Schedule of Notes Payable

Notes Payable

Terms  Note  Note  Note  Notes
             
Issuance dates of notes  2016  2016  November 4, 2019  August/September 2021
Maturity date  2016  2017  November 3, 2020  August/September 2022
Interest rate  5%  10%  18%  10%
Collateral  Unsecured  Unsecured  Unsecured  Unsecured
Conversion price  N/A  N/A  N/A  N/A
Warrants issued as discount  N/A  N/A  N/A  2,406,250

 

                   Total   In-Default 
                         
Principal  $485,000   $27,500   $250,000   $853,386*  $1,615,886      
                               
Balance - December 31, 2019   485,000    27,500    223,672    -    736,172   $512,500 
Amortization of debt discount   -    -    26,328    -    26,328      
Repayments   (485,000)   (27,500)   -    -    (512,500)     
Balance - December 31, 2020   -    -    250,000    -    250,000    250,000 
Gross proceeds   -    -    -    853,386    853,386      
Debt discount   -    -    -    (265,268)**   (265,268)     
Amortization of debt discount   -    -    -    5,087    5,087      
Repayments   -    -    (250,000)   -    (250,000)     
Balance - September 30, 2021  $-   $-   $-   $593,205   $593,205   $- 

 

* In the event of default, notes with principal totaling $386,000 are convertible at 75% of the market price based upon the VWAP in preceding 10 days.
** Debt discount on notes totaling $386,000 includes original issue discounts of $36,000 and debt discounts associated with warrants totaling $229,268.
Convertible Notes Payable [Member]  
Short-term Debt [Line Items]  
Schedule of Notes Payable

Convertible Notes Payable – Net

 

Terms  Notes Payable  Notes Payable  Notes Payable
          
Issuance dates of notes  2019 and Prior  February 2020 - December 2020  January 2021 - March 2021
Maturity date  2020  February 2021 - September 2021  May 2021 - March 2022
Interest rate  14%  10% - 14%  5% - 12%
Collateral  Unsecured  Unsecured  Unsecured
Conversion price  A  A  B

 

               Total   In-Default 
                     
Principal  $-   $2,347,000   $2,550,000   $4,897,000      
                          
Balance - December 31, 2019  $4,436,684   $-   $-   $4,436,684   $- 
Gross proceeds   -    2,347,000    -    2,347,000      
Debt discount   -    (2,347,000)   -    (2,347,000)     
Amortization of debt discount   161,217    1,829,219    -    1,990,436      
Repayments - cash   (438,698)   (130,061)   -    (568,759)     
Repayments - common stock   (4,159,203)   (182,988)   -    (4,342,191)     
Balance - December 31, 2020   -    1,516,170    -    1,516,170    - 
Gross proceeds   -    -    2,550,000    2,550,000      
Debt discount   -    -    (2,460,829)   (2,460,829)     
Amortization of debt discount   -    517,781    1,458,912    1,976,693      
Repayments - cash   -    (1,132,170)   (250,000)   (1,382,170)     
Repayments - common stock   -    (978,728)   -    (978,728)     
Reclassified to receivable   -    76,947C   -    76,947      
Balance - September 30, 2021  $-   $-   $1,298,083   $1,298,083   $- 

 

A - Convertible at 65% multiplied by the lowest one (1) day volume weighted average price (“VWAP”) of the Company’s common stock during the ten (10) trading days prior to conversion.

 

B - Convertible at 70% - 75% multiplied by the lowest one (1) day volume weighted average price (“VWAP”) of the Company’s common stock during the ten (10) trading days prior to conversion.

 

C - During 2021, the Company overpaid a note holder by $76,947 when settling the outstanding balance. This overpayment had been recorded as a receivable and was repaid in full in April 2021.
Related Party [Member]  
Short-term Debt [Line Items]  
Schedule of Notes Payable

Notes Payable – Related Parties

   1  2
   Note Payable  Note Payable
Terms  Related Party  Related Party
       
Issuance dates of notes  Various  May 2020/January 2021
Maturity date  June 30, 2022 or January 1, 2023 due on demand  March 2021 and due on demand
Interest rate  10%  15%
Collateral  Unsecured  Unsecured
Conversion price  N/A  N/A

 

           Total   In-Default 
                 
Balance - December 31, 2019   2,205,440    -    2,205,440   $     - 
Gross proceeds   1,136,500    147,500    1,284,000      
Balance - December 31, 2020   3,341,940    147,500    3,489,440    - 
Gross proceeds   3,625,000    63,000    3,688,000      
Repayments   -    (163,000)   (163,000)     
Balance - September 30, 2021  $6,966,940   $47,500   $7,014,440   $- 

 

1 Activity is with the Company’s Chief Executive Officer and Board Director (Kevin Brian Cox). Prior to September 30, 2021, these notes were either due on demand or had a specific due date. Additionally, these advances had interest rates from 6%-15%. On September 30, 2021, all notes and related accrued interest were combined into two (2) new notes. The new notes had due dates of June 30, 2022 or January 1, 2023. All notes bear interest at 10%.

 

2 Activity is with the Company’s President, Chief Operating Officer and Board Director (Anthony Nuzzo). In 2021, the Company received advances of $63,000 in the quarter ended March 31, 2021, which were repaid in the quarter ended March 31, 2021 (this related to the January 2021 note). The remaining outstanding amount of $47,500 is due on demand.
Paycheck Protection Program and Economic Injury Disaster Loan [Member]  
Short-term Debt [Line Items]  
Schedule of Notes Payable

 

   PPP   EIDL   EIDL   PPP 
Terms  SBA   SBA   SBA   SBA 
                 
Issuance dates of SBA loans   April 2020    May 2020    July 2020    March 2021 
Term   18 months    30 Years    30 Years    5 Years 
Maturity date   October 2021    May 2050    July 2050    March 2026 
Interest rate   1%   3.75%   3.75%   1%
Collateral   Unsecured    Unsecured    Unsecured    Unsecured 
Conversion price   N/A    N/A    N/A    N/A 

 

                   Total 
                     
Principal  $498,082   $150,000   $486,600   $518,167   $1,652,849 
                          
Balance - December 31, 2019   -    -    -    -    - 
Gross proceeds   498,082    150,000    486,600    -    1,134,682 
Balance - December 31, 2020   498,082    150,000    486,600    -    1,134,682 
Gross proceeds   -    -    -    518,167    518,167 
Deconsolidation of subsidiary (“TW”)   -    -    (150,000)*   -    (150,000)
Repayments   -    (1,040)   (2,385)   -    (3,425)
Balance - September 30, 2021  $498,082   $148,960   $334,215   $518,167   $1,499,424 

 

* In connection with the deconsolidation of TW, $150,000 was assumed by the buyer.