NOTE 7. RELATED PARTY (Details)
|
|
|
|
|
|
|
|
|
|
2 Months Ended |
3 Months Ended |
6 Months Ended |
|
|
|
|
|
Jul. 24, 2017
shares
|
Jul. 19, 2017
USD ($)
$ / shares
shares
|
Jul. 06, 2017
USD ($)
shares
|
May 30, 2017
USD ($)
$ / shares
shares
|
May 23, 2017
USD ($)
$ / shares
shares
|
Apr. 18, 2017
USD ($)
$ / shares
shares
|
Jul. 01, 2016 |
Feb. 01, 2016
USD ($)
|
Sep. 23, 2015
USD ($)
shares
|
Jul. 19, 2017
USD ($)
$ / shares
|
Jun. 30, 2017
USD ($)
$ / shares
|
Mar. 31, 2017
USD ($)
shares
|
Jun. 30, 2017
USD ($)
$ / shares
shares
|
Jun. 30, 2016
USD ($)
|
May 12, 2017
$ / shares
|
Apr. 11, 2017
USD ($)
|
Feb. 12, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
|
400,000
|
|
|
|
|
|
|
|
14,207,500
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
|
$ 47,319
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Property, Plant and Equipment, Gross |
|
|
|
|
|
|
|
|
|
|
$ 264,723
|
|
$ 264,723
|
|
|
|
|
$ 200,416
|
| Proceeds from Related Party Debt |
|
|
|
|
|
|
|
|
|
|
|
|
206,500
|
$ 118,000
|
|
|
|
|
| Repayments of Related Party Debt |
|
|
|
|
|
|
|
|
|
|
|
|
14,000
|
$ 81,000
|
|
|
|
|
| Due to Related Parties |
|
|
|
|
$ 375,900
|
|
|
|
|
|
117,000
|
$ 192,000
|
117,000
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares |
|
|
|
|
$ 356,027
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in Dollars per share) | $ / shares |
|
|
|
|
$ 0.15
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
|
|
|
|
235.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate |
|
|
|
|
1.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
|
|
|
|
3 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Description |
|
|
|
|
In addition, any holder of any non-interest bearing loan converted also received warrants to purchase four shares of common stock for each dollar converted.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares |
|
|
|
|
$ 0.20
|
|
|
|
|
|
|
|
|
|
$ 0.08
|
|
|
|
| SUDS 1% Term Overriding Royalty Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Offering Amount |
|
|
|
|
|
|
|
$ 300,000
|
|
|
|
|
|
|
|
|
|
|
| Number of Drilled Wells |
|
|
|
|
|
|
|
22
|
|
|
|
|
|
|
|
|
|
|
| Percentage of Monthly Gross Revenues Paid to Investors |
|
|
|
|
|
|
|
1.00%
|
|
|
|
|
|
|
|
|
|
|
| Investor, Investment Amount |
|
|
|
|
|
|
|
$ 20,000
|
|
|
|
|
|
|
|
|
|
|
| Investor, Maximum Cumlative Revenue |
|
|
|
|
|
|
|
30,000
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from Overriding Royalty Interest |
|
|
|
|
|
|
|
$ 300,000
|
|
|
|
|
|
|
|
|
|
|
| Property, Plant and Equipment, Gross, Period Increase (Decrease) |
|
|
|
|
|
|
|
|
|
|
|
|
280,000
|
|
|
|
|
|
| Interest Expense |
|
|
|
|
|
|
|
|
|
|
|
|
128,230
|
|
|
|
|
|
| Cash True Up Payment |
|
|
|
|
|
|
|
|
|
|
|
|
$ 3,230
|
|
|
|
|
|
| Principal [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due to Related Parties |
|
|
|
|
$ 362,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due to Related Parties |
|
|
|
|
$ 13,400
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues (in Shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
120,590
|
|
|
|
|
|
| Stock Issued During Period, Value, New Issues |
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,205,900
|
|
|
|
|
|
| Offering Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,000,000
|
|
|
| Series A Preferred Stock [Member] | SUDS 1% Term Overriding Royalty Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
|
|
$ 405,000
|
|
|
|
|
|
| Debt Conversion, Description |
|
|
|
|
|
|
|
|
|
|
|
|
Effective April 18, 2017, all owners of SUDS ORRI interests were authorized to convert their interests, at their sole discretion, to Preferred Stock in the Company in conjunction with the Company’s current Series A Preferred Stock Offering. Included in this conversion offering each investor converted ORRI interests equal to the cumulative revenue amount of $30,000, less their revenue received since inception. During the second quarter of 2017, 14% of the 15% outstanding SUDS ORRI interests were converted to Preferred Stock of the Company.
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
40,500
|
|
|
|
|
|
| Preferred Shares Issued for Purchase of Equipment [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, Acquisitions (in Shares) | shares |
|
|
|
|
3,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Acquisitions |
|
|
|
|
$ 30,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Related Party Debt Converted to Stock [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
262,500
|
|
|
|
|
|
|
|
| Portion Held by Related Parties [Member] | Series A Preferred Stock [Member] | SUDS 1% Term Overriding Royalty Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
|
|
$ 174,000
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
17,400
|
|
|
|
|
|
| Investors Cumlative Interest in Wells |
|
|
|
|
|
|
|
|
|
|
|
|
6.00%
|
|
|
|
|
|
| Shares Received by Each Related Party [Member] | Series A Preferred Stock [Member] | SUDS 1% Term Overriding Royalty Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
2,900
|
|
|
|
|
|
| Chief Financial Officer [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Description of Warrants Granted |
|
|
|
|
|
|
one warrant to purchase one share of the Company’s restricted stock at the exercise price at quarter end for each dollar of Mr. Deputy’s deferred gross salary for the quarter ended June 30, 2017
|
|
|
|
|
|
|
|
|
|
|
|
| Accrued Salaries |
|
|
|
|
|
|
|
|
|
|
$ 122,520
|
|
$ 122,520
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
|
30,000
|
|
|
|
|
|
|
35,000
|
35,000
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
|
|
|
|
|
|
|
|
$ 4,851
|
$ 3,106
|
|
|
|
|
|
| Share Price (in Dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 0.09
|
|
$ 0.09
|
|
|
|
|
|
| Fair Value Assumptions, Expected Volatility Rate |
|
|
|
|
|
|
|
|
|
|
|
|
296.00%
|
|
|
|
|
|
| Fair Value Inputs, Discount Rate |
|
|
|
|
|
|
|
|
|
|
|
|
1.09%
|
|
|
|
|
|
| Fair Value Assumptions, Expected Term |
|
|
|
|
|
|
|
|
|
|
|
|
3 years
|
|
|
|
|
|
| Chief Financial Officer [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
$ 15,000
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
1,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shareholder [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
$ 7,957
|
|
|
|
|
|
| Proceeds from Related Party Debt |
|
|
|
|
|
|
|
|
|
|
206,500
|
|
|
|
|
|
|
|
| Repayments of Related Party Debt |
|
|
|
|
|
|
|
|
|
|
$ 19,000
|
|
|
|
|
|
|
|
| Shareholder [Member] | Sale of Vehicle to Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vehicle Sold by Shareholder Advance Balance |
|
|
|
|
|
|
|
|
|
|
$5,000
|
|
|
|
|
|
|
|
| Increase (Decrease) in Due from Related Parties |
|
|
|
|
|
|
|
|
|
|
$ (5,000)
|
|
|
|
|
|
|
|
| Gain (Loss) on Disposition of Assets |
|
|
|
|
|
|
|
|
|
|
(3,677)
|
|
|
|
|
|
|
|
| Shareholder [Member] | Vehicles [Member] | Sale of Vehicle to Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Property, Plant and Equipment, Gross |
|
|
|
|
|
|
|
|
|
|
10,625
|
|
10,625
|
|
|
|
|
|
| Property, Plant, and Equipment, Owned, Accumulated Depreciation |
|
|
|
|
|
|
|
|
|
|
1,948
|
|
1,948
|
|
|
|
|
|
| Chief Executive Officer [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares) | shares |
|
|
|
|
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Restricted Stock Award, Gross |
|
|
|
|
|
|
|
|
$ 68,000
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period |
|
|
|
|
|
|
|
|
24 months
|
|
|
|
|
|
|
|
|
|
| Related Party Transaction, Amounts of Transaction |
|
|
|
|
|
|
|
|
$ 8,500
|
|
|
|
$ 17,000
|
|
|
|
|
|
| Chief Executive Officer [Member] | Twin Lakes San Andres Unit Interest Acquisition [Member |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 8,500
|
|
| President [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Officers' Compensation |
|
|
|
|
|
$ 300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Related Party Transaction, Description of Transaction |
|
|
|
|
|
For the first year of employment, $100,000 of the salary will be paid in cash, the remaining amount will be paid by the issuance of 1,400,000 shares of common stock. The $100,000 cash salary will commence after $1,000,000 is raised from the Series A Preferred Offering or a material event that brings cash into the Company. A one-time signing bonus of 1,000,000 shares of common stock, valued at $120,000, was granted to Mr. Burns upon execution of the agreement. Mr. Burns will also receive an annual bonus based on the percentage increase in stock price during the year. For every percentage point increase in stock price, Mr. Burns will be paid that percentage times his base salary. For example, if the stock price increased by 20%, then a $60,000 bonus ($300,000 * 20% = $60,000) would be paid.
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues (in Shares) | shares |
|
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Value, New Issues |
|
|
|
|
|
$ 120,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| President [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
10,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Board of Directors Chairman [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
|
70,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | shares |
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares |
|
|
|
|
$ 0.15
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term |
|
|
|
|
36 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Board of Directors Chairman [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
55,000
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
5,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Director #1 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
|
270,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Director #1 [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
25,000
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
17,590
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Director #2 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
|
30,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Director #2 [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
|
$ 167,500
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
|
2,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Each Director on the Board [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | shares |
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares |
|
|
|
|
$ 0.15
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term |
|
|
|
|
36 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Two New Directors [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues (in Shares) | shares |
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Value, New Issues |
|
|
|
|
|
$ 13,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares Issued, Price Per Share (in Dollars per share) | $ / shares |
|
|
|
|
|
$ 0.13
|
|
|
|
|
|
|
|
|
|
|
|
|
| Affiliated Entity [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
|
$ 4,000,000
|
|
|
|
|
|
|
|
|
| Gain (Loss) on Extinguishment of Debt |
|
|
|
|
|
|
|
|
|
$ (88,755)
|
|
|
|
|
|
|
|
|
| Affiliated Entity [Member] | Tranche 1 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
$ 1,180,880
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share Price (in Dollars per share) | $ / shares |
|
|
|
$ 0.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
$ 2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
|
|
10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Type of Debt |
|
|
|
The $2 million debt included a $1 million Promissory Note and $1 million of the $3 million Production Payment Note as well as interest payable of $33,151.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Amount |
|
|
|
$ 1,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Affiliated Entity [Member] | Tranche 1 [Member] | Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
|
|
$ 33,151
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 6 Million Warrants Issued [Member] | Affiliated Entity [Member] | Tranche 1 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
6,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
$ 709,776
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share Price (in Dollars per share) | $ / shares |
|
|
|
$ 0.12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair Value Assumptions, Expected Volatility Rate |
|
|
|
293.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares |
|
|
|
$ 0.20
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair Value Assumptions, Risk Free Interest Rate |
|
|
|
1.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 Million Warrants Issued [Member] | Affiliated Entity [Member] | Tranche 1 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Rights, Granted (in Shares) | shares |
|
|
|
4,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Granted, Fair Value |
|
|
|
$ 471,104
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share Price (in Dollars per share) | $ / shares |
|
|
|
$ 0.12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair Value Assumptions, Expected Volatility Rate |
|
|
|
293.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair Value Assumptions, Expected Term |
|
|
|
3 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares |
|
|
|
$ 0.35
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair Value Assumptions, Risk Free Interest Rate |
|
|
|
1.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share Price (in Dollars per share) | $ / shares |
|
$ 0.104
|
|
|
|
|
|
|
|
$ 0.104
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
$ 2,000,000
|
$ 550,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
12,749,286
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares Issued, Price Per Share (in Dollars per share) | $ / shares |
|
$ 0.14
|
|
|
|
|
|
|
|
0.14
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Series A Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, New Issues (in Shares) | shares |
76,510
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
21,510
|
55,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares Issued, Price Per Share (in Dollars per share) | $ / shares |
|
$ 10.00
|
|
|
|
|
|
|
|
10.00
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Affiliated Entity [Member] | Tranche 2 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Original Debt, Amount |
|
$ 2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
12,749,286
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Amount |
|
$ 1,325,926,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares |
|
$ 10.00
|
|
|
|
|
|
|
|
$ 10.00
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Affiliated Entity [Member] | Series A Preferred Stock [Member] | Tranche 2 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 7. RELATED PARTY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Shares Issued (in Shares) | shares |
|
21,510
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Conversion, Converted Instrument, Amount |
|
$ 215,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|