|6 Months Ended|
Jun. 30, 2018
|Subsequent Events [Abstract]|
NOTE 7 – Subsequent Events
During July, 2018, 485 shares of the Series E Convertible Preferred Stock have been converted into the Company’s Common Stock (485,000 shares) and there are 1,457 shares of the Series E Convertible Stock outstanding at July 31, 2018.
Account Payable Settlement
On July 11, 2018, a settlement was reached with a service provider for $150,000. This amount was in settlement for legal fees incurred of $275,124.
The Company has evaluated subsequent events through the date 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.
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