Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

An Option Pricing Methodology (“OPM”) was utilized to allocate the enterprise value to the various equity linked instruments. The assumptions utilized in the OPM included a term of 5 years as the term for liquidity, a corresponding risk–free rate based on the term, 10% dividends, and a volatility based on the remaining term (based on comparable company volatility analysis):

Market Cap (fully diluted basis)		3,749,829
Volatility (12 Months)		78.6	%
Years to Liquidity		5.00
Continuous Risk Free Rate		0.88	%
Stock Price	$	0.0419