XML 33 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Short-Term Debt and Long Term Liabilities (Details Textual) - USD ($)
9 Months Ended
Jun. 12, 2017
Sep. 30, 2018
Dec. 31, 2017
Jun. 15, 2017
Short-Term Debt and Long-Term Liabilities (Textual)        
Loans payable - third party   $ 163,000 $ 163,000  
Accrued interest   10.00%    
Common stock, shares authorized   10,000,000,000 10,000,000,000  
Percentage of distribute net recoveries   50.00%    
CXT advanced of recoveries   $ 25,000    
Cumulative distributions August 31, 2018   100,000    
Cumulative distributions August 31, 2019   375,000    
Cumulative distributions August 31, 2020   $ 975,000    
United Wireless Holdings, Inc. [Member]        
Short-Term Debt and Long-Term Liabilities (Textual)        
Percentage of note   10.00%    
Securities Purchase Agreement [Member] | United Wireless Holdings, Inc. [Member]        
Short-Term Debt and Long-Term Liabilities (Textual)        
Principal amount   $ 4,277,351    
Common stock, shares authorized       10,000,000,000
Standstill Agreement [Member]        
Short-Term Debt and Long-Term Liabilities (Textual)        
Principal amount   $ 25,000    
Promissory note due date   Sep. 30, 2020    
Percentage of promissory note   10.00%    
Company received amount   $ 25,000    
Payment to IV 34/37 referred   $ 25,000    
Percentage of net monetization   7.50%    
Standstill Agreement [Member] | United Wireless Holdings, Inc. [Member]        
Short-Term Debt and Long-Term Liabilities (Textual)        
Debt instrument, description On June 12, 2017, the Company entered into a standstill agreement with United Wireless pursuant to which the Company agreed (i) to increase its authorized common stock to 10,000,000,000 shares, (ii) to file by June 30, 2017, a post-effective amendment to the registration statement covering the sale of the shares of common stock initially issued to United Wireless pursuant to the securities purchase agreement and the shares of common stock issuable upon the option granted to United Wireless pursuant to the securities purchase agreement, (iii) if the existing warrant held by the Company's chief executive officer is not exercised prior to its expiration date, any re-issuance will not have an exercise price less than the current exercise price and the existing warrants will not be amended to lower the exercise price, and (iv) United Wireless no longer has any obligation to purchase any note pursuant to the securities purchase agreement other than the $1,000,000 note related to the final payment to Intellectual Ventures which was made in November 2017, except in connection with the potential acquisition by the Company of patent rights which triggered a $25,000 working capital loan in connection with the acquisition and the Company can require United Wireless to make $125,000 working capital loans to the Company, at the Company's sole discretion, on December 31, 2017, March 31, 2018 and June 30, 2018 pursuant to the securities purchase agreement dated October 22, 2015 more fully described in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and, in such event, United Wireless would have a 7.5% net proceeds percentage interest in the net proceeds from such patent.