XML 69 R10.htm IDEA: XBRL DOCUMENT
v3.20.1

Notes Receivable | 12 Months Ended
--- | ---
Dec. 31, 2019
Notes Receivable |
Notes Receivable | NOTE 4 – NOTES RECEIVABLE On October 10, 2019, the Company entered into a convertible promissory note (“Note”) with Century TBD Holdings, LLC (“TBD”), a Florida limited liability company. The Company loaned the principal sum of $500,000, of which up to $500,000 and all accrued interest can be paid by an “Optional Conversion” of such amount up to 19.8% (non-dilutable) of all outstanding membership interest in TBD. This Note accrues interest at 6% and matures on October 9, 2021. As of December 31, 2019, this Note had outstanding principle and interest of $506,756. On October 9, 2019 and November 11, 2019 the Company entered into two, separate on demand, convertible notes (“Note” or “Notes”) with RBC Life Sciences, Inc. (RBC), a Nevada corporation. The first Note, dated October 9th, lent the principal sum of $200,000 and accrues interest at 6% with a maturity date of November 11, 2019. This Note also contains an “Optional Conversion” clause that allows the Company at any time, before or after the occurrence of an Event of Default, at its option, to convert the outstanding principal amount, plus accrued interest into a number of newly issued shares of its common stock equal to 75% of the total shares common stock that will be outstanding upon such conversion at a fully-diluted basis. At December 31, 2019, this Noted had outstanding principle and interest of $203,988. The second Note, dated November 11th, allowed for the borrow by RBC up to an aggregate principal sum of $800,000 and accrues interest at 10% with a maturity date of November 11, 2024. Interest on any outstanding principal is payable monthly commencing on December 25, 2019. Any amount of principal repaid during this time is allowed to be re-borrowed at any time prior to the earlier of the termination of this Note or the maturity date. This Note also contains an “Optional Conversion” clause that allows the Company at any time, before or after the occurrence of an Event of Default, at its option, to convert the outstanding principal amount, plus accrued interest into a number of newly issued shares of its common stock equal to 100% of the outstanding shares of common stock of RBC direct and indirect subsidiaries. The outstanding principle and interest at December 31, 2019 was $82,451. See Note 16 for information regarding foreclosure on these Notes subsequent to December 31, 2019.

X
- References No definition available. + Details
Name: | DSS_NotesReceivableAbstract
Namespace Prefix: | DSS_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Notes Receivable [Text Block] + References No definition available. + Details
Name: | DSS_NotesReceivableTextBlock
Namespace Prefix: | DSS_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration