RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) |
1 Months Ended | 9 Months Ended | ||||
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Jul. 25, 2022 |
May 31, 2021 |
Mar. 31, 2021 |
Mar. 30, 2021 |
Sep. 30, 2022 |
Feb. 12, 2021 |
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Debt conversion rate | $ 9.00 | $ 9.00 | $ 9.00 | |||
Warrants to purchase shares of common stock | 75,000 | 91,667 | ||||
Issuance of new rstricted shares | 75,000 | |||||
Issuance of convertible notes payable | 350,000 | |||||
Indirect interest amount recieved | $ 50,000 | $ 200,000 | ||||
Warrants exercise price | $ 9.00 | |||||
Working capital | $ 7,250,000 | |||||
Board of Directors [Member] | ||||||
Convertible notes payable | $ 400,000 | |||||
Designation shares of Preferred Stock | 3,000,000 | |||||
IDTEC [Member] | ||||||
Issuance of new rstricted shares | 58,980 | |||||
Warrants exercise price | $ 1.50 | |||||
Warrants purchased | 106,667 | |||||
Settelment of outstanding amount | $ 88,469 | |||||
Settlement of outstanding judgement | $ 88,470 | |||||
Common stock, shares held | 666,667 | |||||
David Gandini [Member] | ||||||
Working capital | $ 30,000 | |||||
Unseured note interest rate | 0.00% | |||||
Preferred Stock shares issued in exchange for common stock | 333,333 |
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- Definition Number of securities into which each warrant or right may be converted. For example, but not limited to, each warrant may be converted into two shares. No definition available.
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fixed interest rate related to the interest rate derivative. No definition available.
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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