Annual report pursuant to Section 13 and 15(d)

Debt (Details Narrative)

v3.21.1
Debt (Details Narrative)
1 Months Ended 12 Months Ended
Dec. 15, 2020
USD ($)
shares
Oct. 07, 2020
USD ($)
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Aug. 12, 2020
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Aug. 04, 2020
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Jul. 29, 2020
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d / TradingDays
$ / shares
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Jul. 23, 2020
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Jul. 14, 2020
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May 28, 2020
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May 19, 2020
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May 04, 2020
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Apr. 24, 2020
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$ / shares
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Apr. 15, 2020
USD ($)
Apr. 07, 2020
USD ($)
d / TradingDays
$ / shares
shares
Feb. 21, 2020
USD ($)
Jan. 29, 2020
USD ($)
shares
Jan. 24, 2020
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Jan. 24, 2020
USD ($)
shares
Jan. 23, 2020
USD ($)
$ / shares
shares
Jan. 17, 2020
USD ($)
shares
Jan. 15, 2020
USD ($)
shares
Jan. 10, 2020
USD ($)
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Jan. 02, 2020
USD ($)
shares
Dec. 04, 2019
USD ($)
$ / shares
shares
Nov. 18, 2019
USD ($)
Nov. 12, 2019
USD ($)
Apr. 30, 2019
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
shares
Mar. 06, 2019
USD ($)
shares
Proceeds from convertible notes payable                                                     $ 2,067,123 $ 1,111,111  
Beneficial conversion option                                                     2,542,458 387,280  
Debt instrument, unamortized discount                                                     349,341    
Stock issued during period, value                                                       2,039,303  
Stock issued during period, incentive shares value                                                       738,300  
Proceeds from notes                                                     $ 1,944,479 $ 2,482,500  
Common stock, shares, issued | shares                                                     14,471,403 8,015,756  
Common stock, value, issued                                                     $ 14,471 $ 8,016  
Interest expense                                                     3,378,130 1,298,168  
Interest expense, related party                                                     314,415 $ 320,781  
Maximum [Member]                                                          
Receivables sold                           $ 1,250,000                              
Receivables borrowing, percentage                           85.00%                       80.00%      
Fee percentage of invoices financed                           2.00%                       2.00%      
Minimum [Member]                                                          
Fee percentage of invoices financed                           1.00%                       1.00%      
12% Convertible Promissory Note [Member]                                                          
Proceeds from convertible notes payable                                 $ 588,366                        
12% Convertible Promissory Note [Member] | Investor [Member]                                                          
Stock issued during period, shares | shares                                 100,000                        
Senior Convertible Promissory Note [Member]                                                          
Debt instrument, face amount                                                         $ 560,000
Debt instrument, unamortized discount                                                         $ 60,000
Payment of debt                               $ 588,366                          
Debt effective interest rate                                                         2.00%
Common stock, shares, issued | shares                                                         15,000
Common stock, value, issued                                                         $ 74,100
Common Stock [Member]                                                          
Stock issued during period, shares | shares                                                       1,175,000  
Beneficial conversion option                                                     $ 1,284 $ 286  
Beneficial conversion option, shares | shares                                                     1,284,396 286,005  
Stock issued during period, value                                                       $ 1,175  
Stock issued during the period, incentive shares | shares                                                       291,736  
Stock issued during period, incentive shares value                                                       $ 292  
Common stock, shares, issued | shares                                                     14,471,403 8,015,756  
Common Stock [Member] | 12% Convertible Promissory Note [Member]                                                          
Stock issued during period, shares | shares                                 60,000                        
Greentree Financial Group, Inc. [Member] | Investor [Member]                                                          
Warrants purchase | shares                             550,000                            
Warrants description                             Loan Agreement, the Note, and the Warrant to: (i) correct the effective date set forth in the Loan Agreement, Note and Warrant to January 23, 2020 and the due date to October 23, 2020, (ii) clarify the terms of the registration right provision in the Loan Agreement such that the Company was required to register a total of 1,500,000 shares of Common Stock, which such amount of shares is the sum of 550,000 shares of Common Stock issuable upon conversion of the Note, 550,000 Warrant Shares, the 100,000 Origination Shares, and 300,000 shares of Common Stock to account for changes to the conversion and/or exercise price under the Note and Warrant, and (iii) to ensure that the total number of shares of Common Stock issued pursuant to the Loan Agreement, the Note, and/or the Warrant, each as amended, does not exceed 17.99% of the Company's issued and outstanding Common Stock as of January 23, 2020. The Company is subject to a $35,000 penalty on a monthly basis if a registration statement is not effective after 105 days from January 23, 2020.                            
Debt instrument, face amount       $ 740,000   $ 360,000                                              
Debt instrument, maturity date                             Oct. 23, 2020                            
Beneficial conversion option                             $ 586,785                            
Beneficial conversion option, shares | shares                             550,000                            
Debt instrument, unamortized discount                             $ 296,891                            
Stock issued during the period, incentive shares | shares       370,000   320,000                                              
Stock issued during period, incentive shares value       $ 1,394,900   $ 1,158,400                                              
Interest           $ 131,889                                              
Greentree Financial Group, Inc. [Member] | Warrant shares [Member] | Investor [Member]                                                          
Stock issued during period, value                             550,000                            
Greentree Financial Group, Inc. [Member] | Origination and Advisory Shares [Member] | Investor [Member]                                                          
Debt instrument, unamortized discount                             201,324                            
Stock issued during period, value                             $ 160,000                            
32 Entertainment LLC [Member] | Senior Secured Note [Member]                                                          
Warrants purchase | shares                                             50,000            
Warrants price | $ / shares                                             $ 1.50            
Warrants description                                             The 32E Warrant also contains a conversion limitation provision, which prohibits 32E from exercising the 32E Warrant in an amount that would result in the beneficial ownership of greater than 4.9% of the total issued and outstanding shares of common stock, provided that (i) such exercise limitation may be waived by 32E with 61 days prior notice, and (ii) 32E cannot waive the exercise limitation if conversion of the 32E Warrant would result in 32E having beneficial ownership of greater than 9.9% of the total issued and outstanding shares of common stock.            
Warrants expiration date                                             Dec. 04, 2024            
Debt instrument, face amount                                             $ 250,000            
Stock issued during period, shares | shares                                             10,000            
Debt instrument, maturity date                                             Dec. 04, 2020            
Proceeds from notes                                             $ 250,000            
Debt instrument, description                                             If the registration statement is not filed or declared effective within the timeframe set forth in the registration rights agreement, the Company was supposed to be obligated to pay to 32E a monthly amount equal to 1% of the total subscription amount paid by 32E until such failure is cured.            
Debt discount rate                                             20.00%            
32 Entertainment LLC [Member] | Subordinate Secured Note [Member]                                                          
Debt instrument, face amount                 $ 200,000                                        
Debt instrument, maturity date                 May 21, 2021                                        
Debt instrument, interest rate                 16.00%                                        
Debt periodic payment, principal               $ 50,000                                          
Debt periodic payment, interest               6,250                                          
Debt periodic payment               $ 56,250                                          
32 Entertainment LLC [Member] | Subordinate Secured Note [Member] | Restricted Stock Units [Member]                                                          
Stock issued during period, shares | shares               40,000                                          
Loan Agreement [Member]                                                          
Debt instrument, interest rate                                           1.50%              
Loans payable                                           $ 400,000              
Loan Agreement [Member] | Greentree Financial Group, Inc. [Member]                                                          
Convertible notes payable                                   $ 1,100,000                      
Investor purchase percent                                   10.00%                      
Debt instrument, conversion price | $ / shares                                   $ 2.00                      
Debt instrument, face amount                                   $ 1,100,000                      
Loan Agreement [Member] | Greentree Financial Group, Inc. [Member] | Warrant [Member]                                                          
Warrants purchase | shares                                   550,000                      
Warrants price | $ / shares                                   $ 0.001                      
Warrants description                                   The Note is convertible at any time at a price of $2.00 per share, subject to certain adjustments to the conversion price set forth in the Note. The Note reiterates the registration rights set forth in the Loan Agreement and the Warrant. There is no prepayment penalty on the Note.                      
Warrants expiration date                                   Jan. 23, 2023                      
Loan Agreement [Member] | ED Roses, LLC [Member] | Sook Hyun Lee [Member]                                                          
Warrants expiration date                                           Apr. 15, 2020              
Debt instrument, interest rate                                           15.00%              
Loans payable                                           $ 150,000              
Common stock in reserve | shares                                           75,000              
Commitment fee                                           $ 30,000              
Loan Agreement [Member] | Edison Nation Inc. [Member] | Paycheck Protection Program [Member]                                                          
Debt instrument, maturity date                       Apr. 15, 2022                                  
Debt instrument, interest rate                       1.00%                                  
Proceeds from loan                       $ 789,852                                  
Loan Agreement [Member] | TBD Safety, LLC [Member] | Paycheck Protection Program [Member]                                                          
Debt instrument, maturity date                   May 04, 2022                                      
Debt instrument, interest rate                   1.00%                                      
Proceeds from loan                   $ 62,500                                      
Securities Purchase Agreement [Member] | Jefferson Street Capital, LLC. [Member] | Investor [Member]                                                          
Debt instrument, conversion price | $ / shares         $ 2.05               $ 2.05                                
Debt instrument, face amount         $ 224,000               $ 168,000                                
Stock issued during period, shares | shares         14,266               10,700                                
Debt instrument, unamortized discount         $ 24,000               $ 18,000                                
Proceeds from notes         $ 200,000               $ 150,000                                
Debt instrument, description         The Note has a term of six (6) months, is due on January 29, 2021 and has a one-time interest charge of 2%.               The Note has a term of six (6) months, is due on October 7, 2020 and has a one-time interest charge of 2%.                                
Debt conversion description         Upon an Event of Default, the Conversion Price shall equal the Alternate Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower's securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Alternate Conversion Price" shall equal the lesser of (i) 80% multiplied by the average of the three lowest daily volume weighted average prices ("VWAP") during the previous twenty (20) Trading Days (as defined below) before the Issue Date of this Note (representing a discount rate of 20%) or (ii) 80% multiplied by the Market Price (as defined herein) (representing a discount rate of 20%). "Market Price" means the average of the three lowest daily VWAPs for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.               Upon an Event of Default, the Conversion Price shall equal the Alternate Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower's securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Alternate Conversion Price" shall equal the lesser of (i) 80% multiplied by the average of the three lowest daily volume weighted average prices ("VWAP") during the previous twenty (20) Trading Days (as defined below) before the Issue Date of this Note (representing a discount rate of 20%) or (ii) 80% multiplied by the Market Price (as defined herein) (representing a discount rate of 20%). "Market Price" means the average of the three lowest daily VWAPs for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.                                
Trading days | d / TradingDays         20               20                                
Debt discount rate         20.00%                                                
Securities Purchase Agreement [Member] | BHP Capital NY Inc. [Member] | Investor [Member]                                                          
Debt instrument, conversion price | $ / shares                         $ 2.05                                
Debt instrument, face amount                         $ 168,000                                
Stock issued during period, shares | shares                         10,700                                
Debt instrument, unamortized discount                         $ 18,000                                
Proceeds from notes                         $ 150,000                                
Debt instrument, description                         The Note has a term of six (6) months, is due on October 7, 2020 and has a one-time interest charge of 2%.                                
Debt conversion description                         Upon an Event of Default, the Conversion Price shall equal the Alternate Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower's securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Alternate Conversion Price" shall equal the lesser of (i) 80% multiplied by the average of the three lowest daily volume weighted average prices ("VWAP") during the previous twenty (20) Trading Days (as defined below) before the Issue Date of this Note (representing a discount rate of 20%) or (ii) 80% multiplied by the Market Price (as defined herein) (representing a discount rate of 20%). "Market Price" means the average of the three lowest daily VWAPs for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. The Note increased 130% due to the occurrence of the default but was subsequently paid in full on February 26, 2021.                                
Trading days | d / TradingDays                         20                                
Debt discount rate                         20.00%                                
Forbearance Agreement [Member] | Investor [Member]                                                          
Debt instrument, face amount   $ 45,000                                                      
Stock issued during period, shares | shares   41,730                                                      
Forbearance fee   $ 12,500                                                      
Debt Conversion Agreement [Member]                                                          
Debt instrument, conversion price | $ / shares                     $ 2.00                                    
Debt instrument, face amount                     $ 424,000                                    
Share issued price per share | $ / shares                     $ 2.08                                    
Stock issued for restricted common stock | shares                     212,000                                    
5% Promissory Note Agreement [Member] | Ralls Note [Member]                                                          
Warrants purchase | shares                                         125,000                
Warrants expiration date                                         Jul. 10, 2020                
Debt instrument, face amount                                         $ 267,000                
Debt instrument, unamortized discount                                         17,000                
Payment of debt                                         250,000                
Issuance of warrants purchase value                                         $ 86,725                
Incentive shares | shares                                         33,000                
Incentive shares, value                                         $ 79,860                
5% Promissory Note Agreement [Member] | Solit Note [Member]                                                          
Warrants purchase | shares                                       50,000                  
Warrants expiration date                                       Jul. 15, 2020                  
Debt instrument, face amount                                       $ 107,000                  
Debt instrument, unamortized discount                                       7,000                  
Stock issued during the period, incentive shares | shares 10,000                                                        
Payment of incentive $ 10,000                                                        
Payment of debt                                       100,000                  
Issuance of warrants purchase value                                       $ 31,755                  
Incentive shares | shares                                       13,000                  
Incentive shares, value                                       $ 30,420                  
5% Promissory Note Agreement [Member] | 'O'Leary Note [Member]                                                          
Warrants purchase | shares                                     25,000                    
Warrants expiration date                                     Jul. 17, 2020                    
Debt instrument, face amount                                     $ 53,500                    
Debt instrument, unamortized discount                                     3,500                    
Payment of debt                                     50,000                    
Issuance of warrants purchase value                                     $ 16,797                    
Incentive shares | shares                                     6,500                    
Incentive shares, value                                     $ 15,535                    
5% Promissory Note Agreement [Member] | Restricted Common Stock [Member] | Solit Note [Member]                                                          
Stock issued during period, value $ 5,000                                                        
Note Agreement and Common Stock Purchase Warrant [Member] | Paul J. Solit & Julie B. Solit [Member]                                                          
Debt instrument, maturity date             Dec. 15, 2020                                            
Debt instrument, unamortized discount             $ 14,000                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Richard O'Leary [Member]                                                          
Warrants expiration date             Jun. 30, 2021                                            
Debt instrument, maturity date             Jan. 17, 2021                                            
Debt instrument, unamortized discount             $ 7,000                                            
Additional incentive shares | shares             6,500                                            
Additional incentive shares, value             $ 24,570                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Lender [Member] | Paul J. Solit & Julie B. Solit [Member]                                                          
Additional incentive shares | shares             13,000                                            
Additional incentive shares, value             $ 49,140                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Lender [Member] | Richard O'Leary [Member]                                                          
Additional incentive shares | shares             6,500                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Equity Trust Company [Member]                                                          
Stock issued during period, shares | shares             33,000                                            
Incentive shares, value             $ 124,740                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Equity Trust Company [Member] | Rawleigh H. Ralls IRA [Member]                                                          
Stock issued during period, shares | shares             191,000                                            
Debt instrument, maturity date             Jan. 10, 2021                                            
Debt instrument, unamortized discount             $ 34,000                                            
Incentive shares | shares             33,000                                            
Additional incentive shares | shares             33,000                                            
Warrant shares | shares             125,000                                            
Note Agreement and Common Stock Purchase Warrant [Member] | Equity Trust Company [Member] | Lender [Member]                                                          
Additional incentive shares | shares             33,000                                            
Financing Arrangement [Member]                                                          
Finance receivables                                                     $ 367,976    
Receivables Purchase Agreement [Member]                                                          
Receivables sold                                               $ 337,500 $ 250,000        
Proceeds from receivables                                               $ 250,000 $ 200,000        
Purchase of Inventory and Repurchase Agreement [Member]                                                          
Debt instrument, maturity date     Dec. 10, 2020                                                    
Purchase of Inventory and Repurchase Agreement [Member] | Assignee [Member]                                                          
Debt instrument, description     The Company agreed to pay the Purchaser-Assignee 2% per month for extension periods commencing July 1, 2020 through December 10, 2020.                                                    
Commitment fee     $ 13,053                                                    
Finance receivables                                                     128,077    
Secured Line of Credit Agreement [Member]                                                          
Debt instrument, face amount                                                     $ 2,500,000    
Debt instrument, description                                                     In the event of a default, any and all amounts due to PPE by Global, including principal and accrued but unpaid interest, shall increase by forty (40%) percent and the interest shall increase to five (5%) percent (the "Default Interest").    
Debt instrument, interest rate                                                     3.00%    
Line of credit                                                     $ 1,133,652    
Debt instrument term                                                     6 months