XML 27 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
THE COMPANY HISTORY AND NATURE OF THE BUSINESS (Details Narrative) - USD ($)
Nov. 17, 2017
Oct. 02, 2017
May 27, 2016
May 24, 2016
Feb. 05, 2016
Mar. 31, 2018
Sep. 30, 2017
Contingent common stock           0 24,156,000
Common Stock [Member]              
Assets purchased in consideration of common stock       48,400,000      
Currency Mountain Holdings Bermuda [Member]              
Number of shares acquired         146,535,140    
Additional number of shares acquired         3,937,000    
Value of shares acquired         $ 347,500    
Currency Mountain Malta LLC [Member] | Max Q Investments LLC [Member]              
Percentage of shares owned       79.00%      
Stock Purchase Agreement [Member]              
Description of second closing    

The Second Closing was subject to the Company signing an option agreement with FXDD Malta and FXDD Trading Limited operating units (the “Option”), which are affiliates through common ownership, providing that the Company may acquire both entities for $1. The terms of the Agreement stipulated that if the Second Closing did not occur before November 28, 2016, the $1,000,000 would be returned to the Company and the First Closing would be unwound.

       
Stock Purchase Agreement [Member] | FXDD Trading Limited [Member]              
Ownership percentage     100.00%        
Stock Purchase Agreement [Member] | GVS Limited [Member]              
Ownership percentage     100.00%        
Stock Purchase Agreement [Member] | IBIH Limited [Member]              
Number of shares acquired     2,200        
Value of shares acquired     $ 1,000,000        
Ownership percentage     9.90%        
Contingent common stock     24,156,000        
Remaining number of shares acquired on Second Closing     20,000        
Number of shares issued on second closing     219,844,000        
Number of shares return acquired 2,200            
Value of shares cancellation $ 1,000,000            
Return of contingent common stock 24,156,000            
Legal expenses $ 70,000            
Global Services Agreement [Member] | FXDD Malta [Member]              
Generated revenue per month   $ 1,600,000   $ 2,000,000      
Global Services Agreement [Member] | FXDirectDealer [Member]              
Termination of agreement, in days       90 days      
Related party transaction expense   $ 1,575,000   $ 1,975,000