LINE OF CREDIT (Details Narrative) - USD ($) |
12 Months Ended | ||
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Oct. 09, 2019 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Line of credit term | 1 year | ||
Line of credit facility interest expense | $ 0 | $ 952 | |
Short term line of credit | $ 0 | $ 0 | |
Orbsat Satcom Corp [Member] | Short Term Loan Agreement [Member] | |||
Line of credit facility, current borrowing capacity | $ 29,000 | ||
Line of credit facility, interest rate during period | 9.72% | ||
Line of credit facility late payment interest rate | 11.72% |
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- Definition Late payment interest rate. No definition available.
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- Definition Line of credit term. No definition available.
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- Definition Short term line of credit. No definition available.
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- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Increase for accrued, but unpaid interest on the credit facility for the period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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