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Convertible Note Payable (PIK Notes) (Tables)

9 Months Ended

Sep. 30, 2020

Convertible Notes Payable [Member]

Schedule of Maturity Date of Notes

As of September 30, 2020 and December 31, 2019, the Company owes $1,597,500 and $420,000 on the outstanding Convertible Notes, respectively.

Maturity Date of Notes for Twelve Months Ending September 30,		Amount due
2021		$	-
2022			-
2023			-
2024			1,597,500
2025			-
Total		$	1,597,500

Convertible Notes Payable - Related Party [Member]

Schedule of Maturity Date of Notes

As of September 30, 2020 and December 31, 2019, the Company owes $400,000 and $250,000 on the outstanding notes, respectively, held by related parties.

Maturity Date of Notes for Twelve Months Ending September 30,		Amount due
2021		$	-
2022			-
2023			-
2024			400,000
2025			-
Total		$	400,000

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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