|9 Months Ended|
Sep. 30, 2018
|Subsequent Events [Abstract]|
NOTE 19 – SUBSEQUENT EVENTS
As of November 14, 2018, the Company’s four short term notes for which the penalty period for shares to be issued has been reached. The Company has recorded 300,000 shares of its common stock as issuable under the terms of those agreements. The shares were valued at approximately $39,000 and are recorded as interest expense. Additional shares will be issued by the Company under the terms of the agreements.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/presentationRef