NOTES PAYABLE-RELATED PARTIES (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||
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Jan. 26, 2018 |
Jan. 22, 2013 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Interest expense on notes payable, related parties | $ 29,865 | $ 29,783 | ||
Interest payable on notes payable, related parties | 155,768 | 125,903 | ||
Shsres issued for debt, value | 21,000 | |||
Notes payable, related parties | 290,110 | 290,110 | ||
Joe Galligan [Member] | ||||
Unsecured promissory notes | $ 125,000 | |||
Interest rate | 8.00% | |||
Principal and interest due date | Jul. 26, 2018 | |||
Shares issued for debt | 50,000 | |||
Shsres issued for debt, value | $ 12,750 | |||
Notes payable, related parties | 125,000 | 125,000 | ||
Kent Emry [Member] | ||||
Unsecured promissory notes | $ 200,000 | |||
Interest rate | 12.00% | |||
Due from related party | 1,500 | 1,500 | ||
Maturity date | Jan. 01, 2018 | |||
Outstanding principal balance on issuance of promissory note | $ 163,610 | $ 163,610 | ||
Principal payments (monthly) | $ 6,650 |
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- References No definition available.
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- References No definition available.
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- Definition Dividend or interest rate associated with the financial instrument issued in exchange for the original debt being converted in a noncash or part noncash transaction. Noncash are transactions that affect recognized assets or liabilities but that do not result in cash receipts or cash payments. Part noncash refers to that portion of the transaction not resulting in cash receipts or cash payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense incurred on a debt or other obligation to related party. No definition available.
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- Definition The amount for notes payable (written promise to pay), due to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from borrowings supported by a written promise to pay an obligation that is uncollateralized (where debt is not backed by the pledge of collateral). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of stock issued attributable to transactions classified as other. No definition available.
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- Definition Value of shares of stock issued attributable to transactions classified as other. No definition available.
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- Details
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- Details
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