XML 54 R69.htm IDEA: XBRL DOCUMENT v3.20.1
BONDS PAYABLE (Details) - USD ($)
1 Months Ended 12 Months Ended
Oct. 25, 2019
Dec. 31, 2019
Dec. 31, 2018
Bonds payable   $ 8,634,279
Bond issuance costs   40,938  
Bonds Payable [Member]      
Bonds payable   $ 8,634,279
Initial nominal amount $ 9,400,000    
Less discount and issuance costs $ 700,000    
Interest rate 6.00% 50.00%  
Maturity date The maturity date of the Bonds is October 30, 2020.    
Unamortized balance   $ 377,000  
Amortization discount   78,250  
Bond issuance costs   $ 229,250  
Bonds payable, description   The Bonds are callable at 103% at any time. Additionally, mandatory prepayments would be required in the event of either i) a capital raise consummated by the Company or ii) the sale of a certain product line of Func Food. To the fullest extent possible, the net proceeds derived from either event must first be applied towards prepayment of the bonds at 103%.