Accounts Payables and Accrued Expenses and Other Current Liabilities

3 Months Ended

Mar. 31, 2020

Accounts Payables and Accrued Expenses and Other Current Liabilities [Abstract]

ACCOUNTS PAYABLES AND ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 3 – ACCOUNTS PAYABLES AND ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

On March 31, 2020, there was $116,000 in accounts payable to related parties in form of payroll and accrued expenses. On December 31, 2019 there was $96,000 in Accounts payable to related parties.

The following table represents the major components of accounts payables and accrued expenses and other current liabilities at March 31, 2020 and December 31, 2019:

	March 31, 2020		December 31, 2019
Accounts payable related party (1)	$	116,000	$	96,000
Professional fees		30,973		42,963
Interest		13,982		14,374
Payroll taxes		-		7,344
Other accounts payable		1,391		7,251
ASC 480 debt premium		856,560		24,121
Convertible notes payable		862,135		826,862
Total	$	1,881,041	$	1,018,915

(1) $58,000 to each the CFO and the CEO for 11 months of salary for the period ending March 31 2020, and $48,000 to each the CFO and the CEO for 8 months of salary for the period ending December 31, 2019.