Quarterly report pursuant to Section 13 or 15(d)

ASSET PURCHASE (Details Narrative)

v3.21.2
ASSET PURCHASE (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
Jun. 05, 2020
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
May 31, 2021
Mar. 31, 2021
Liability required $ 125,000 $ 158,000   $ 158,000      
Exercise price per share $ 0.50            
Market price of shares $ 27,120,000            
Assets purchase upon shares issued $ 29,222,955 1,407,051   $ 1,407,051      
Assets purchase upon shares issued, shares 12,000,000            
Common stock issuable upon exercise of warrant, shares       320,000      
Asset impairment loss   0 $ 25,320,555 $ 29,222,955 $ 25,320,555    
Fair value of warrants issued   $ 695,454   $ 695,454      
Description of fair value of assets evaluation       The present value of the discounted cash flow utilized a 75% discount, which included a 25% risk return premium, over an estimated five-year net revenue stream expected to be derived from the technology acquired      
Convertible Notes Payable           $ 225,000 $ 275,000
Asset Purchase Agreement [Member] | IDTEC [Member]              
Common stock, shares issued upon assets purchase 12,000,000            
Convertible notes, conversion price   $ 0.50   $ 0.50      
Interest rate       10.00%      
Convertible Notes Payable   $ 1,485,189   $ 1,485,189