XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 625,838 226,250 1,122,332 447,501
Total operating expenses 625,838 226,250 1,122,332 447,501
Net Operating Loss (625,838) (226,250) (1,122,332) (447,501)
Other income (expense):        
Grant income 3,000 0 3,000 0
Interest expense (396,907) (164,504) (587,035) (324,901)
Gain on settlement of accounts payable 306,319 0 348,611 0
(Loss) Gain on derivative liabilities (50,214) 0 446,155 0
Loss on legal settlement 0 (26,924) 0 (26,924)
Loss on conversion of notes 0 (58,935) 0 (158,659)
Total other expense (137,802) (250,363) 210,731 (510,484)
Net loss (763,640) (476,613) (911,601) (957,985)
Preferred stock dividend (19,392) 0 (36,751) 0
Net loss available to common shareholders $ (783,032) $ (476,613) $ (948,352) $ (957,985)
Net loss per share - basic and diluted (in Dollars per share) $ (0.01) $ (0.01) $ (0.01) $ (0.03)
Weighted average shares outstanding - basic and diluted (in Shares) 88,833,282 33,986,267 86,408,229 33,188,078