|9 Months Ended|
Sep. 30, 2020
|Note 9 - NOTES PAYABLE||
As of September 30, 2020, and December 31, 2019, the Company had advances from a third party. The advances bear no interest and are due on demand. The balance outstanding as of September 30, 2020 and December 31, 2019 was $21,480.
The Company had notes payable outstanding during 2019 that were paid off prior to December 31, 2019.
During the three and nine months ended September 30, 2019, the Company amortized $19,428 and $127,419, respectively, of the debt discount to current period interest expense. The interest expense during the three and nine months ended September 30, 2019 was $3,151 and $8,110, respectively. No interest expense and amortization of debt discount were recorded during the three and nine months ended September 30, 2020.
The entire disclosure for other liabilities.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef