Note Exchange Agreement (Details Narrative) - USD ($) |
12 Months Ended | ||
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Apr. 30, 2019 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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Debt Instrument [Line Items] | |||
Repayments from note payable | $ 46,422 | ||
Long-term notes payable | 121,848 | ||
Interest on debt | $ 4,907 | $ 0 | |
Note Exchange Agreement [Member] | |||
Debt Instrument [Line Items] | |||
Debt instrument, interest rate | 6.00% | ||
Debt instrument, interest rate basis for effective rate | In the event that any amount due under a Note is not paid as and when due, such amounts will accrue interest at the rate of 12% per year, simple interest, non-compounding, until paid. | ||
Debt instrument, effective interest rate | 12.00% |
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- Definition Description of any adjustments made to the stated rate to determine the effective rate. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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