XML 51 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Related Party Transactions (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Jul. 31, 2020
Jul. 20, 2020
Jun. 30, 2020
Jun. 05, 2020
Oct. 01, 2019
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Related Party Transaction [Line Items]                        
Obligation paid               $ 17,600,000        
Notes payable               3,200,000   $ 3,200,000  
Advances amount                   $ 100,000  
Fintech Debt Corp [Member]                        
Related Party Transaction [Line Items]                        
Business Combination, Consideration Transferred $ 4,176,102                      
Joseph A. De Perio and George E. Hall [Member]                        
Related Party Transaction [Line Items]                        
Business Combination, Consideration Transferred $ 400,000                      
Mr Hall [Member]                        
Related Party Transaction [Line Items]                        
Consulting fee                 $ 250,000      
Alexander Fletcher [Member]                        
Related Party Transaction [Line Items]                        
Consulting fee                 200,000      
Consulting fee receive                 $ 120,000      
George E. Hall [Member]                        
Related Party Transaction [Line Items]                        
Debt interest bear percentage 5.00%                      
Debt maturity date Dec. 12, 2022                      
Obligation paid $ 2,354,736                      
Notes payable $ 12,116,718                      
Advances amount               82,000        
Joseph A. De Perio [Member]                        
Related Party Transaction [Line Items]                        
Debt interest bear percentage 5.00%                      
Debt maturity date Dec. 12, 2022                      
Obligation paid $ 1,060,264                      
Notes payable $ 5,455,782                      
Demand Note 5 [Member]                        
Related Party Transaction [Line Items]                        
Debt maturity date                   Jul. 01, 2021    
Sport-BLX, Inc. [Member]                        
Related Party Transaction [Line Items]                        
Securities for services                   $ 214,000    
Sport-BLX, Inc. [Member] | Hall [Member]                        
Related Party Transaction [Line Items]                        
Payments for rent                   65,000    
Sport-BLX, Inc. [Member] | Unsecured Demand Note - 4 [Member]                        
Related Party Transaction [Line Items]                        
Principal amount         $ 150,000              
Debt interest bear percentage         8.00%              
Debt maturity, description         matures upon the earlier to occur of demand by CSO or July 1, 2021              
Borrowed secured amount               150,000   150,000    
Sport-BLX, Inc. [Member] | Unsecured Demand Note - 5 [Member]                        
Related Party Transaction [Line Items]                        
Principal amount         $ 40,000              
Debt interest bear percentage         8.00%              
Debt maturity, description         matures upon the earlier to occur of demand by Mr. De Perio or July 1, 2021              
Debt maturity date         Jul. 01, 2021              
Borrowed secured amount               $ 40,000   $ 40,000    
Orix [Member] | Promissory Notes [Member] | Adara Enterprises Inc [Member]                        
Related Party Transaction [Line Items]                        
Principal amount             $ 13,000,000          
Sale of stock, total consideration             $ 17,562,700          
Stock percentage             20.10%          
GEH Sport LLC [Member] | Adara Enterprises Inc [Member]                        
Related Party Transaction [Line Items]                        
Debt interest bear percentage     100.00%                  
Sports Entertainment Fund LP [Member] | Promissory Notes [Member]                        
Related Party Transaction [Line Items]                        
Commodities operator registration cash     $ 1,790,000                  
Sport BLX Thoroughbreds Corp [Member] | Series B Common Stock [Member]                        
Related Party Transaction [Line Items]                        
Share issued                   6    
Common stock voting rights                   100    
Subscription Agreement [Member]                        
Related Party Transaction [Line Items]                        
Subscription fee description           As consideration for the Securities Subscription, SportBLX received a one-time upfront subscription fee of $150,000 and will receive a monthly subscription fee of $100,000 during the first year of the contract. The fee increases to $137,500, monthly, for the remaining year of the initial term. Thereafter, upon renewal, SportBLX may increase the fee by an amount not to exceed five percent of the previous year’s fee. The agreement also provides fees of $75,000 for each new tradable asset listed by the customer on the Platform. The Securities Subscription is effective for a two-year term and automatically renews for consecutive one-year renewal terms unless either party provides notice to the other party of its intention not to renew prior to the end of the initial or renewal term. Either party may terminate the agreement for convenience upon 30 days’ notice to the other party.            
Upfront subscription fee           $ 150,000            
Monthly subscription fee           100,000            
Subscription fee increases           137,500            
Subscription agreement provides fees           $ 75,000            
Subscription Agreement [Member] | Mr Hall [Member]                        
Related Party Transaction [Line Items]                        
Ownership percentage           65.50%            
Subscription Agreement [Member] | Mr De Perio [Member]                        
Related Party Transaction [Line Items]                        
Ownership percentage           28.10%            
Software Assignment Agreement [Member] | AEC Purchased From GEH Capital LLC [Member]                        
Related Party Transaction [Line Items]                        
Quantitative trading software       $ 1,750,000                
Management Services Agreement [Member] | Sport BLX [Member]                        
Related Party Transaction [Line Items]                        
Consulting fee   $ 15,000                    
Selling, General and Administrative Expenses [Member] | Sport-BLX, Inc. [Member] | Hall [Member]                        
Related Party Transaction [Line Items]                        
Payments for rent                   $ 25,000 0  
Services Agreement and Management Services Agreement [Member]                        
Related Party Transaction [Line Items]                        
Expenses from transactions with related party                   2,400,000    
Services Agreement and Management Services Agreement [Member] | Selling, General and Administrative Expenses [Member]                        
Related Party Transaction [Line Items]                        
Expenses from transactions with related party                   $ 0 $ 312,500