XML 12 R52.htm IDEA: XBRL DOCUMENT v3.19.3
Debt (Details Narrative)
3 Months Ended 9 Months Ended 11 Months Ended
Mar. 22, 2019
USD ($)
$ / shares
shares
Mar. 14, 2019
USD ($)
$ / shares
shares
Mar. 12, 2019
USD ($)
Sep. 20, 2018
USD ($)
Jun. 22, 2018
USD ($)
May 16, 2018
USD ($)
shares
Aug. 15, 2017
USD ($)
Jan. 16, 2015
USD ($)
$ / shares
May 21, 2014
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Aug. 28, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 20, 2018
EUR (€)
Debt instrument principal amount                   $ 8,820,773   $ 8,820,773     $ 3,011,560  
Number of common stock issued, value                   $ 420,000      
Steve Barker [Member]                                
Debt instrument principal amount                   35,000   35,000        
Accrued interest                   0   0        
Mark Elliott [Member]                                
Debt instrument principal amount                   50,000   50,000     50,000  
Debt instrument conversion price | $ / shares               $ 6.28                
Debt conversion percentage               20.00%                
Accrued interest                   23,548   23,548     19,808  
Notes payable               $ 50,000                
Debt interest rate percentage               10.00%                
Debt maturity date               Dec. 31, 2018                
Class A Common Stock [Member] | Steve Barker [Member]                                
Issuance of class a common stock     $ 200,000                          
Note payable     $ 70,000                          
Lind Global Marco Fund, LP [Member]                                
Debt instrument principal amount                   3,915,674   3,915,674        
Accrued interest                   178,960   178,960        
Notes payable                   2,933,328   2,933,328        
Number of common stock issued | shares 71,766                              
Sallyport Commercial Finance, LLC [Member]                                
Debt instrument principal amount                   4,384,536   4,384,536        
Accrued interest                   0   0        
Interest expenses                       573,796        
Harbor Gates Capital [Member]                                
Number of common stock issued | shares   133,750                            
Number of common stock issued, value   $ 500,000                            
Qwizdom, Inc [Member]                                
Debt instrument principal amount         $ 656,000         381,563   381,563     601,333  
Accrued interest                   0   0     12,126  
Debt interest rate percentage         8.00%                      
Percentage for shareholders         100.00%                      
Long term note payable         $ 656,000         218,668   $ 218,668        
Quarterly payment description                       The principal and accrued interest of the $656,000 note is due and payable in 12 equal quarterly payments. The first quarterly payment was due September 2018 and subsequent quarterly payments are due through June 2021. Principal and accrued interest become due and payable in full upon the completion of a public offering of Class A common stock or private placement of debt or equity securities for $10,000,000 or more.        
Qwizdom, Inc [Member] | Class A Common Stock [Member]                                
Proceeds from financing         $ 10,000,000                      
Securities Purchase Agreement [Member] | Lind Global Marco Fund, LP [Member]                                
Working capital financing amount $ 4,000,000                              
Debt instrument principal amount $ 4,400,000                              
Debt maturity period 24 months                              
Debt weighted average interest rate 100.00%                              
Securities Purchase Agreement [Member] | Lind Global Marco Fund, LP [Member] | Class A Common Stock [Member]                                
Debt instrument conversion price | $ / shares $ 4.00                              
Debt conversion percentage 50.00%                              
Securities Purchase Agreement [Member] | Lind Global Marco Fund, LP [Member] | Class A Common Stock [Member] | Minimum [Member]                                
Debt conversion price per share increase | $ / shares $ 8.00                              
Securities Purchase Agreement [Member] | Lind Global Marco Fund, LP [Member] | Class A Common Stock [Member] | Maximum [Member]                                
Debt conversion price per share increase | $ / shares $ 12.00                              
Sale and Purchase Agreement [Member] | Sallyport Commercial Finance, LLC [Member]                                
Purchase of eligible accounts receivable percentage             85.00%                  
Minimum monthly sales volume             $ 1,250,000                  
Line of credit maximum borrowing capacity             6,000,000                  
Auditor fee             $ 950                  
Sale and Purchase Agreement [Member] | Sallyport Commercial Finance, LLC [Member] | Floor Rate [Member]                                
Accrued interest rate percentage             4.25%                  
Sale and Purchase Agreement [Member] | Sallyport Commercial Finance, LLC [Member] | Maximum [Member] | Prime Rate [Member]                                
Accrued interest rate percentage             4.00%                  
Sale and Purchase Agreement [Member] | Notes Payable - Radium Capital [Member]                                
Debt instrument principal amount                   0   $ 0        
Accrued interest                   0   0        
Proceeds from promissory note       $ 1,000,000                        
Cost of loan percentage       26.00%                        
Origination fee       $ 10,000                        
Repayment of principal amount                           $ 26,636    
Unsecured Promissory Note Agreement [Member] | Note Payable - Whitebirk Finance Limited [Member]                                
Debt instrument principal amount                   0   0        
Accrued interest                   0   0        
Debt interest rate percentage       5.00%                       5.00%
Debt maturity date       Aug. 31, 2019                        
Unsecured Promissory Note Agreement [Member] | Note Payable - Whitebirk Finance Limited [Member] | Euro [Member]                                
Notes payable | €                               € 98,701
Unsecured Promissory Note Agreement [Member] | Harbor Gates Capital [Member]                                
Notes payable           $ 500,000                    
Debt interest rate percentage           7.00%                    
Debt maturity date           Feb. 16, 2019                    
Unsecured Promissory Note Agreement [Member] | Harbor Gates Capital [Member] | Class A Common Stock [Member]                                
Debt instrument conversion price | $ / shares   $ 2.86                            
Number of common stock issued | shares           5,715                    
Number of common stock issued, value           $ 56,236                    
Debt conversion of convertible debt shares | shares   133,750                            
Line of Credit Agreement [Member] | Logical Choice Corporation [Member]                                
Debt instrument principal amount                   54,000   54,000     54,000  
Accrued interest                   $ 25,355   $ 25,355     $ 21,316  
Line of credit maximum borrowing capacity                 $ 500,000              
Accrued interest rate percentage                 10.00%              
Line of credit extended maturity date                 May 21, 2018