XML 54 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
Contingencies and Commitments (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Contingencies, description The Company entered into an Agreement for the Purchase and Sale of Membership Interest dated as of February 5, 2018 (the "PSMI"), with the transaction documents being deposited in escrow on February 7, 2018, respecting the acquisition of 100% of the membership interest in IM Telecom, LLC, an Oklahoma limited liability company ("IM Telecom"), from its sole owner, Trevan Morrow ("Mr. Morrow"). The principal asset of IM Telecom is a "Lifeline Program" license (a Federal Communications Commission [the "FCC"] approved Compliance Plan), the transfer of ownership of which requires prior approval of the FCC. If the transfer of the beneficial ownership of the Lifeline Program license to us is not approved by the FCC prior to April 30, 2018, or a later date agreed upon by the parties, either party may terminate the PSMI. The parties continue to seek FCC approval of the transfer of the Lifeline Program License, and neither party has exercised its right to terminate the PSMI. No assurance can be given that the transfer of this license will be approved. The FCC approval has not been granted as of yet.    
Net loss $ (528,027) $ (423,197)  
Cash flow from operations (707,906) $ (92,170)  
Accumulated deficit (3,718,900)   $ (3,190,873)
Standby Letters of Credit      
Letters of credit $ 593,000   $ 593,000