COMMON STOCK |
3 Months Ended |
---|---|
Mar. 31, 2020 | |
COMMON STOCK | |
NOTE 7. COMMON STOCK |
On February 25, 2019, the Company issued 35,454,547 shares of its common stock to non-related parties for $39,000 in cash.
On January 3, 2020, the Company converted $34,534 of non-related party debt into 345,343 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $6,907 as other income in the consolidated statements of operations.
On January 3, 2020, the Company converted $6,482 of non-related party debt into 64,825 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $1,296 as other income in the consolidated statements of operations.
On January 3, 2020, the Company converted $39,356 of non-related party debt into 393,563 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $7,871 as other income in the consolidated statements of operations.
On January 3, 2020, the Company converted $97,624 of non-related party debt into 976,236 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $19,525 as other income in the consolidated statements of operations.
On January 3, 2020, a related party exercised 9,103,261 stock warrants and in exchange converted $41,875 in related party debt owed to him under a promissory note. The shares were issued at a value of $0.0046 per share pursuant to the terms of the convertible note.
On January 3, 2020, a related party exercised 6,000,000 stock warrants and in exchange converted $24,000 in related party debt owed to him under a promissory note. The shares were issued at a value of $0.0040 per share pursuant to the terms of the convertible note.
On January 3, 2020, the Company converted $210,285 of related party debt into 2,102,854 issued shares of its common stock at $0.10 per share and recorded a related party gain of $42,057 to additional paid-in capital.
On January 3, 2020, the Company converted $282,588 of related party debt into 2,825,880 issued shares of its common stock at $0.10 per share and recorded a related party gain of $56,518 to additional paid-in capital.
On January 16, 2020, the Company converted $40,000 of non-related party accounts payable into 400,000 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $22,840 as other income in the consolidated statements of operations.
On January 16, 2020, the Company converted $87,464 of non-related party accounts payable into 874,636 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $49,942 as other income in the consolidated statements of operations.
On January 16, 2020, the Company converted $714,700 of related party payables into 7,147,001 issued shares of its common stock at $0.10 per share and recorded a related party gain of $408,094 to additional paid-in capital.
On January 22, 2020, the Company converted $23,814 of non-related party debt into 238,143 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $14,289 as other income in the consolidated statements of operations.
On January 30, 2020, the Company converted $456,641 of related party debt into 16,628,835 issued shares of its common stock at $0.0275 per share and recorded a related party gain of $456,634 to additional paid-in capital. The Company recorded a loss on debt extinguishment of $143,660 as other expense in the consolidated statements of operations.
On March 15, 2020, the Company converted $32,500 of non-related party debt into 325,000 issued shares of its common stock at $0.10 per share and recorded a non-related party gain of $19,240 as other income in the consolidated statements of operations.
On March 20, 2020, the Company issued 20,000 common shares at $1.04 per share to a non-related party as stock compensation for services provided.
On March 23, 2020, the Company converted $1,950 of related party debt into 19,500 issued shares of its common stock at $0.10 per share and recorded a related party gain of $1,073 to additional paid-in capital. |