|12 Months Ended|
Dec. 31, 2019
|Subsequent Events [Abstract]|
NOTE 8 – Subsequent Events
On February 2020, the investor agreed to extend the maturity date of the Convertible Notes to March 2, 2020. In consideration of the payment of $65,000, the maturity date of the Convertible Notes is extended by another 18 months to September 1, 2021, and the conversion price will be changed to the lower of, the closing price on the previous days close prior to the conversion request or a maximum conversion price of $1.00 and a floor of $0.80. The Company made the payment on February 11, 2020.
The Company has evaluated subsequent events through the date of the consolidated financial statements were available to be issued and has concluded that no such events or transactions took place that would require disclosure herein except as stated directly above.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef