CONVERTIBLE DEBENTURE PAYABLE (Details Narrative) - USD ($) |
9 Months Ended | 12 Months Ended | |
|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Dec. 31, 2020 |
|
| INTANGIBLE ASSETS | |||
| Warrants issued to purchase common shares | 1,219,512 | ||
| Debenture conversion description | The Debenture is convertible voluntarily by the Purchaser at any time into shares of our common stock, at the lesser of $2.50, representing 100% of the closing price of our common stock on the trading day immediately prior to the Closing Date, or 75% of the average VWAP of our common stock during the 5 trading day period immediately prior to the conversion date (the “Conversion Price”), or automatically upon the | ||
| Debt face amount | $ 3,048,781 | ||
| Proceeds from financing transition | $ 2,500,000 | ||
| OID percentage | 18.00% | ||
| Exercise price | $ 2.00 | ||
| Adjusted exercise price | $ 1.00 | ||
| Partial liquidated damages description | the Company shall pay to the Purchaser as partial liquidated damages equal to the product of 2% of the principal amount not to exceed 24% of the aggregate principal. If the Company fails to pay of the liquidated damages within seven days after the date payable, the Company will pay interest at 18% until such amounts are paid in full | ||
| unamortized discount and issuance costs | $ 812,134 | $ 0 | |
| Conversion feature debt discount | 980,000 | ||
| Amortization of interest | $ 16,245 | ||
| Outstanding warrants | 1,219,512 | ||
| Fair market value of stock warrants | $ 847,048 | $ 847,048 | |
| Unamortized discount | 833,008 | $ 833,008 | |
| Interest expense | 14,039 | $ 14,039 | |
| Original Issue Discount | 548,781 | ||
| Debt issuance costs | 275,000 | ||
| Interest expense related to the Original Issue Discount and debt issuance costs | $ 11,645 | ||