Commitments and Contingencies (Details Narrative) |
6 Months Ended | ||||
|---|---|---|---|---|---|
|
Jun. 14, 2018
USD ($)
|
Jun. 14, 2018
GBP (£)
|
Jul. 07, 2017
USD ($)
|
Jun. 30, 2018
USD ($)
|
Jun. 30, 2018
GBP (£)
|
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| Employment Agreements [Member] | David Phipps [Member] | |||||
| Employment agreement term description | the Company entered into a two (2) year Employment Agreement (“Agreementâ€) with Mr. Phipps, with an automatic one (1) year extension. | the Company entered into a two (2) year Employment Agreement (“Agreementâ€) with Mr. Phipps, with an automatic one (1) year extension. | |||
| Annual salary | $ 170,000 | $ 66,046 | |||
| Employment agreement term | 1 year | 1 year | |||
| Average conversion rate | 1.37595 | 1.37595 | |||
| Employment Agreements [Member] | David Phipps [Member] | GBP [Member] | |||||
| Annual salary | £ | £ 48,000 | £ 48,000 | |||
| Employment Agreements [Member] | Theresa Carlise [Member] | |||||
| Employment agreement term description | The Agreement is for a period of two (2) years, with an automatic one (1) year extension. | The Agreement is for a period of two (2) years, with an automatic one (1) year extension. | |||
| Annual salary | $ 150,000 | ||||
| Consulting Agreement [Member] | Viewtrade Securities Inc. [Member] | |||||
| Securities offering price description | The Representative shall receive a gross discount equal to eight percent (8%) of the Public Offering Price on each Securities Being Offered sold in the Offering, with the exception of Securities Being Offered sold in the Offering, which are purchased by current shareholders of the Company, in which case the Representative shall receive a discount equal to three percent (3%) of the Public Offering Price. The Representative shall also have the right to reoffer all or any part of the Securities Being Offered to broker- dealers who are members of FINRA (“Selected Dealers”) and may allow a concession, to be determined by the Representative, to such Selected Dealers in accordance with the Conduct Rules of FINRA. For the purpose of covering over-allotments, the Company shall grant to the Representative an option to purchase a number of Securities Being Offered equal to fifteen percent (15%) of Securities Being Offered at the Public Offering Price, in whole or in part, from time to time, only during a period of forty-five (45) days from the Effective Date. Viewtrade shall be entitled to an expense allowance equal one percent (1%) of the aggregate gross proceeds of the offering (the “Expense Allowance”). Said Expense Allowance is intended to cover the internal expenses of the Representative incurred by it in connection with the offering. At the closing of the proposed offering, the Company shall sell to the Representative and/or its designees (the “Holders”), the Representative Warrants. The Representative’s Warrants shall be for that number of Securities Being Offered equal to eight percent (8%) of the total number of Securities Being Offered sold in the public offering and the Representative Warrants shall have a cashless exercise provision. The warrants to be sold by the Company to the Representative and/or persons related to the Representative for nominal consideration of $0.0001, each such warrant evidencing the right to purchase one share of the Securities Being Offered at an exercise price equal to 110% of the Public Offering Price and which shall be exercisable for a period of five years. The number of Representative Warrants shall be equal to 8% of the total number of Securities sold in the offering. | ||||
| Consulting Agreement [Member] | Viewtrade Securities Inc. [Member] | Minimum [Member] | |||||
| Securities offering | $ 5,000,000 | ||||
| Consulting Agreement [Member] | Viewtrade Securities Inc. [Member] | Maximum [Member] | |||||
| Securities offering | $ 7,000,000 | ||||