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BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2020
BASIS OF PRESENTATION AND ACCOUNTING POLICIES  
Schedule of earnings per share basic and diluted

 

 

June 30, 2020

 

 

 

(Shares)

 

Convertible notes payable

 

 

15,023,295,133

 

Warrants

 

 

969,833,333

 

 

 

 

15,993,128,466

 

Schedule of basic earnings per share

 

 

Six months ended

 

 

 

June 30, 2020

 

Net Income

 

$

1,236,827

 

 

 

 

 

 

Basic Weighted Average Common Shares Outstanding

 

 

2,021,181,889

 

 

 

 

 

 

Basic Earnings per Common Share

 

$

0.00

 

Schedule of diluted earnings per share

 

 

Six months ended

 

 

 

June 30, 2020

 

Net Income

 

$

1,236,827

 

 

 

 

 

 

Diluted Weighted Average Common Shares Outstanding

 

 

15,993,128,466

 

 

 

 

 

 

Diluted Earnings per Common Share

 

$

0.00

 

Schedule of convertible note and warrants loss per share

 

 

June 30, 2020

 

 

 

(Shares)

 

Convertible notes payable

 

 

15,023,295,133

 

Warrants

 

 

969,833,333

 

 

 

 

15,993,128,466

 

Schedule of antidilutive loss per share

 

 

June 30, 2019

 

 

 

(Shares)

 

Convertible notes payable

 

 

13,485,352,533

 

Warrants

 

 

469,833,333

 

 

 

 

13,955,185,866

 

Schedule of computation of basic and diluted loss per common shares

 

 

Three months

ended

 

 

Six months

ended

 

 

 

June 30, 2019

 

 

June 30, 2019

 

Net Loss

 

$

(289,911

)

 

$

(388,775

)

 

 

 

 

 

 

 

 

 

Basic and Diluted Weighted Average Common Shares Outstanding

 

 

1,280,015,474

 

 

 

1,099,196,120

 

 

 

 

 

 

 

 

 

 

Basic and Diluted Loss per Common Share

 

$

(0.00

)

 

$

(0.00

)

Schedule of fair value on a recurring basis

June 30, 2020

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

None

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

 

-

 

 

 

-

 

 

 

1,587,738

 

 

 

1,587,738

 

                   

December 31, 2019

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

None

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

 

-

 

 

 

-

 

 

 

3,068,168

 

 

 

3,068,168