Fair Value Of Estimates (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Of Estimates

Schedule of Fair Value of Cash, Notes Payable and Loans

The estimated fair value of the cash, notes payable, and loans at June 30, 2020 and December 31, 2019, were as follows:

	Quoted Prices In Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Carrying Value
At June 30, 2020:
Assets
Cash	$	10,942		—		—	$	10,942
Liabilities
8% Senior Secured Convertible Promissory Note, Net		—		—	$	709,862	$	709,862
8% Senior Secured Convertible Promissory Note issued December 2, 2019, Net		—		—	$	149,546	$	149,546
Loan from MAAB		—		—	$	895,511	$	895,511
At December 31, 2019:
Assets
Cash	$	1,159		—		—	$	1,159
Liabilities
8% Senior Secured Convertible Promissory Note, Net		—		—	$	694,431	$	694,431
8% Senior Secured Convertible Promissory Note issued December 2, 2019, Net		—		—	$	24,093	$	24,093
Loan from MAAB		—		—	$	750,017	$	750,017