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Long-Term Investment
6 Months Ended
Jun. 30, 2019
Investments, All Other Investments [Abstract]  
Long-Term Investment

NOTE 7: LONG-TERM INVESTMENT

 

The Company’s long-term investment is as follows:

 

   June 30, 2019 (unaudited)   December 31, 2018 
           
Equity Security – Compulsorily Convertible Debenture  $43,009   $        - 

 

The investment the Company has in a Compulsorily Convertible Debenture are neither to be redeemed by the issuing entity nor are redeemable at the option of the investor, therefore this has been considered an equity security. The Company has elected to measure the equity security at its cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer.