Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Subsequent Events

NOTE 7 – SUBSEQUENT EVENTS

 

Subsequent to September 30, 2019, the Company received $75,000 in the form of short-term advances from Berkshire Capital Management Co., Inc. The short-term advances are due upon demand.

 

Subsequent to September 30, 2019, the due date on Company’s line of credit from Berkshire Capital Management Co., Inc. was extended to December 31, 2019.

 

On October 11, 2019, the Company amended a convertible note to extend the due date to December 31, 2019, provide for a partial conversion of $50,000 of the outstanding principal balance into common shares of the Company at a conversion price of $0.10 per share for a total of 500,000 shares.

 

Subsequent to September 30, 2018, the Company issued 25,000 shares of common stock pursuant to a third-party service agreements.

 

On October 16, 2018, the Company issued 300,000 restricted common shares as part of the base salary pursuant to an employment contract with one officer of the Company.