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Stockholders’ Equity
6 Months Ended
Jun. 30, 2020
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

Note 10 – Stockholders’ Equity


Reverse Stock Split


On December 16, 2019, the Company’s stockholders approved a reverse stock split at a ratio of between 1-for 5 and 1-for-25, with discretion for the exact ratio to be approved by the Company’s board of directors. On February 19, 2020, the Company’s board of directors approved a reverse stock split of the Company’s common stock at a ratio of 1-for-20. On May 21, 2020, we filed a certificate of change (with an effective date of May 26, 2020) with the Nevada Secretary of State pursuant to Nevada Revised Statutes 78.209 to effectuate a 1-for-20 reverse stock split of its outstanding common stock. On May 22, 2020, the Company received notice from FINRA/OTC Corporate Actions that the reverse split would take effect at the open of business on May 26, 2020.


Six Months Ended June 30, 2020


In January 2020, the Company issued 50,000 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $221,400 to an officer.


In February 2020, the Company issued 5,000 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $24,750 to an employee of which $8,251 was amortized in the six months ended June 30, 2020.


In February 2020, the Company issued 4,955 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $25,000 to a board member.


In February 2020, the Company issued 4,956 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $25,000 to a board member.


In February 2020, the Company issued 3,000 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $15,000 for services.


In February 2020, pursuant to Section 4(a)(2) of the Securities Act of 1933 as amended (the “Securities Act”), the Company issued 2,500 shares of common stock with a fair value of $11,500 in consideration of consulting services rendered.  We did not receive any proceeds from the issuance.


In March 2020, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 2,500 shares of common stock with a fair value of $11,500 in consideration of consulting services rendered.  We did not receive any proceeds from the issuance.


In May 2020, pursuant to Section 3(a)(9) of the Securities Act, the Company issued 38 shares of common stock as the result of the rounding on the reverse stock split.  We did not receive any proceeds from the issuance.


In May 2020, the Company issued 5,500 shares of common stock under its 2019 Stock Incentive Plan with a fair value of $25,930 to an employee of which $6,322 was amortized in the six months ended June 30, 2020.


In June 2020, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 6,000 shares of common stock with a fair value of $22,800 in consideration of consulting services rendered.  We did not receive any proceeds from the issuance.


Six Months Ended June 30, 2019


In January 2019, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 3,000 shares of common stock with a fair value of $26,600 to service providers.


In February 2019, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 13,431 shares of common stock for conversion of notes payable and accrued interest in the amount of $53,723. 


In April 2019, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 40,000 shares of common stock for conversion of notes payable in the amount of $160,000.


In May 2019, pursuant to Section 4(a)(2) of the Securities Act, the Company issued 6,250 shares of common stock for conversion of notes payable in the amount of $25,000.