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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
14. SUBSEQUENT EVENTS

 

In accordance with ASC Topic 855, “Subsequent Events”, the Company evaluated subsequent events through April 22, 2019, the date these financial statements were available to be issued. During their evaluation, the following subsequent event was identified.

 

The Company entered into various convertible debt agreements totaling $1,185,000. Additionally, on September 28, 2018 the Company adjusted the par value of the Series C Convertible Preferred Stock from $50 per share to $.001 per share. 

 

On March 21, 2019, the Company issued 200,000 shares of its common stock to its Securities Exchange Commission counsel, who elected to take common stock in the Company as partial payment of his legal fees.

 

Additionally on March 29, 2019, the Company issued 500,000 shares of its common stock to an existing shareholder and warrant holder, who elected to exercise his warrants to purchase 500,000 shares of the Company's common stock for $15,000.  The warrants were issued during May of 2017.