XML 26 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

12. SUBSEQUENT EVENTS

 

ASC 855-16-50-4 establishes accounting and disclosure requirements for subsequent events. ASC 855 details the period after the balance sheet date during which we should evaluate events or transactions that occur for potential recognition or disclosure in the financial statements, the circumstances under which we should recognize events or transactions occurring after the balance sheet date in its financial statements and the required disclosures for such events.

 

In the third quarter ended September 30, 2022, the Company issued a total of 108,340,304 restricted common stock. The issued 34,558,253 of restricted common stock in lieu of $286,280 debt or notes payable and 73,782,051 of restricted common stock for $41,286 of accounts payable for services .