Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Subsequent Events

NOTE 12 - SUBSEQUENT EVENTS

 

On February 1, 2019, the Company issued 1.25 million shares of common stock with a fair value of $131,000 pursuant to existing employment and consulting agreements.

 

On February 21, 2019, the Company amended its revolving line of credit with Berkshire Capital Management Co., Inc. to extend the repayment date from February 28, 2019 to July 1, 2019.

 

Subsequent to December 31, 2018, the Company received $169,000 in the form of short-term advances from Berkshire Capital Management Co., Inc. The short-term advances are due upon demand.