|9 Months Ended|
Sep. 30, 2018
|Subsequent Events [Abstract]|
NOTE 12 SUBSEQUENT EVENTS
On October 10, 2018, the Companys Board of Directors approved the issuance of an aggregate of 496,215 five-year warrants with an exercise price of $0.65 to six investors.
On October 10, 2018, the Companys Board of Directors approved the issuance of up to 92,033 shares in exchange for $92,033 of accrued salary owed to a former officer of the Company.
On October 24, 2018 the Company was notified by counsel handling a claim by the Company against a vendor that the vendors motion for dismissal on certain part of the Companys claim was denied by the Court. Although the claim by the Company is valued currently at less than $50,000, the denial by the Court bolsters the Companys claim against the vendor. The Company is continuing to pursue the claim unless an acceptable settlement can be reached in this matter.
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