Subsequent Events |
12 Months Ended |
|---|---|
Dec. 31, 2017 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 17 – SUBSEQUENT EVENTS
In January 2018, four separate individual investors were part of a private offering of securities. The purchase price was $0.01 per share of common stock, and the aggregate proceeds amounted to a total of $40,000, all of which was paid in cash, and 4,000,000 restricted shares of Company common stock were committed to be issued.
In February 2018, Advanced Nanofibers LLC officially filed a name change with the state of Florida to Advanced Cement Sciences LLC (“ACS”) as ACS, an engineered cement technology and products firm, is currently focused on globally marketing a line of proprietary admixtures it has acquired the rights to and further internally developed to be used in the production of ultra-lightweight, high-strength concrete and high-performance stucco.
In February 2018, one separate individual investor was part of a private offering of securities. The purchase price was $0.01 per share of common stock, and the aggregate proceeds amounted to a total of $10,000, all of which was paid in cash, and 1,000,000 restricted shares of Company common stock were committed to be issued.
In March 2018, the Company issued a convertible note payable in the amount of $20,000 to an investor whom is also a shareholder. The note payable is due on demand, together with accrued interest at 10% APR, and is convertible at $0.01 per share of common stock.
In April 2018, the Company issued a convertible note payable in the amount of $50,000 to a related party investor whom is also a shareholder. The note payable is due on June 15, 2018, together with accrued interest at 10% APR, and is convertible at $0.01 per share of common stock. |