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Subsequent Events
6 Months Ended
Jun. 30, 2020
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 14 – SUBSEQUENT EVENTS

 

The Company evaluates events that have occurred after the balance sheet date but before the condensed consolidated financial statements are issued.

 

On July 8, 2020, the Company issued and sold a promissory note in the principal amount of $22,911. The note accrues interest at a rate of 10% per annum and matures on December 31, 2020.

 

On July 13, 2020, the Company issued convertible notes in the aggregate principal amount of $110,000 (including an aggregate of $10,000 original issuance discount) which notes accrue interest at a rate of 12% per annum and mature on January 13, 2021.

 

On August 31, 2020 and September 1, 2020, the Company issued convertible notes in the aggregate principal amount of $115,500 (including an aggregate of $10,500 original issuance discount) which notes accrue interest at a rate of 12% per annum and mature on March 1, 2021.