General form of registration statement for all companies including face-amount certificate companies

CONVERTIBLE DEBENTURE PAYABLE (Details Narrative)

v3.21.4
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 Company’s common stock. 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    
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    
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