STOCKHOLDERS EQUITY(DEFICIT) (Details Narrative) - USD ($) |
9 Months Ended | ||
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Sep. 30, 2021 |
Sep. 30, 2020 |
Dec. 31, 2020 |
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Preferred stock, shares authorized | 600,000 | 600,000 | |
Common stock for services rendered, Value | $ 157,625 | $ 191,439 | |
Common Stock, Shares Outstanding | 6,642,279 | 5,463,444 | |
Common stock for services rendered, shares | 53,835 | 83,654 | |
Common Stock, Shares Issued | 6,642,279 | 5,463,444 | |
Subscription and Royalty Agreements [Member] | |||
Common Stock, Shares Issued | 1,125,000 | ||
Issuance of common stock, amount | $ 2,250,000 | ||
price per shares | $ 2.00 | ||
Board of Directors [Member] | |||
Common Stock, Shares Issued | 25,687 | 35,165 | |
Issuance of common stock, amount | $ 77,500 | $ 75,000 | |
Series A Preferred Shares [Member] | |||
Preferred stock, shares issued | 80,000 | 80,000 | |
Preferred stock, shares outstanding | 80,000 | 80,000 | |
Convertible preferred stock description | each share of Series A preferred stock is entitled to one thousand (1,000) votes and is convertible into one share of common stock. 30,000 shares of Series A Preferred Stock are owned by management. The Series A Preferred Stock is not entitled to dividends and there are no liquidation rights associated with Series A. Each share of Series A Preferred Stock may be converted, at the option of the holder each share of Series A Preferred Stock may be converted equal to one (1) fully paid and nonassessable share of Common Stock, par value $0.001. | ||
Series B Preferred Shares [Member] | |||
Preferred stock, shares issued | 160,000 | 160,000 | |
Preferred stock, shares outstanding | 160,000 | 160,000 | |
Convertible preferred stock description | each share of Series B stock is entitled to two thousand (2,000) votes and is convertible into one share of common stock. 120,000 shares of Series B Preferred Stock are owned by management. The Series B Preferred Stock is not entitled to dividends and there are no liquidation rights associated with Series B. Each share of Series B Preferred Stock may be converted, at the option of the holder each share of Series B Preferred Stock may be converted equal to one (1) fully paid and nonassessable share of Common Stock, par value $0.001. |
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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