Debt (Details Narrative) - USD ($)
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1 Months Ended |
3 Months Ended |
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Feb. 23, 2021 |
Feb. 02, 2021 |
Jan. 25, 2021 |
Jan. 20, 2021 |
Dec. 29, 2020 |
Dec. 23, 2020 |
Nov. 17, 2020 |
Oct. 07, 2020 |
Jul. 29, 2020 |
May 28, 2020 |
May 19, 2020 |
May 04, 2020 |
Apr. 15, 2020 |
Apr. 07, 2020 |
Feb. 21, 2020 |
Jan. 17, 2020 |
Jan. 15, 2020 |
Jan. 10, 2020 |
Jan. 02, 2020 |
Dec. 04, 2019 |
Nov. 12, 2019 |
Apr. 30, 2019 |
Mar. 31, 2021 |
Mar. 31, 2020 |
Mar. 31, 2019 |
Jan. 29, 2021 |
Jan. 28, 2021 |
Jan. 15, 2021 |
Dec. 31, 2020 |
Common stock, par value |
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$ 0.001
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$ 0.001
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Cash compensation |
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$ 8,697,502
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$ 1,319,511
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Beneficial conversion option |
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11,516,692
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201,324
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Debt instrument, unamortized discount |
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10,000,762
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Proceeds from notes |
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73,000
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950,000
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Interest expense |
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12,694,933
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$ 723,957
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Interest expense, related party |
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76,634
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$ 76,634
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Maximum [Member] |
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Receivables sold |
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$ 1,250,000
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Receivables borrowing, percentage |
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85.00%
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80.00%
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Fee percentage of invoices financed |
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2.00%
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2.00%
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Minimum [Member] |
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Fee percentage of invoices financed |
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1.00%
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1.00%
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Common Stock [Member] |
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Beneficial conversion option |
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$ 5,878
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$ 160
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Stock received |
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(153,005)
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(153,005)
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Senior Convertible Notes Payable [Member] |
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Convertible notes payable |
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$ 1,421,509
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$ 1,738,754
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Convertible Notes Payable [Member] |
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Debt instrument, interest rate |
6.00%
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6.00%
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Debt instrument, maturity date |
Feb. 23, 2022
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Debt instrument, conversion price |
$ 4.847
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$ 2.00
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Debt instrument, conversion rate |
12.00%
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12.00%
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Cash compensation description |
The Placement Agent received cash compensation of $900,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses).
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The Placement Agent received cash compensation of $1,080,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses).
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Cash compensation |
$ 900,000
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$ 1,080,000
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Debt instrument, term |
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12 months
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Convertible Notes Payable [Member] | Warrants [Member] | Holder [Member] |
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Warrants price |
$ 3.722
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$ 2.00
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Warrants purchase |
1,650,346
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480,000
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Warrants expiration date |
Feb. 23, 2026
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Jan. 25, 2026
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10% Senior Secured Note [Member] | 32 Entertainment LLC [Member] |
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Debt instrument, maturity date |
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Dec. 04, 2020
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Debt instrument, face amount |
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$ 250,000
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Proceeds from notes |
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$ 250,000
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Stock issued during period, shares |
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10,000
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Replacement Note [Member] |
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Debt instrument, face amount |
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$ 200,000
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Debt interest rate |
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16.00%
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Debt total principal payment |
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$ 56,250
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Debt interest payment |
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6,250
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Debt principal payment |
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$ 50,000
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Replacement Note [Member] | Restricted Stock Unit [Member] |
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Stock received |
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40,000
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Securities Purchase Agreement [Member] |
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Warrants term |
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5 years
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Debt total principal payment |
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$ 260,233
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Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] |
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Convertible notes payable |
$ 10,000,000
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$ 12,000,000
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Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Investor [Member] |
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Debt conversion principal amount |
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11,000,000
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Debt conversion interest converted |
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$ 39,190
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Shares issued upon debt conversion |
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5,519,595
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Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Common Stock [Member] |
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Warrants term |
5 years
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5 years
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Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Warrants [Member] |
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Common stock, par value |
$ 0.001
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$ 0.001
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Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] |
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Debt instrument, interest rate |
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2.00%
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2.00%
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Debt instrument, maturity date |
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Jan. 29, 2021
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Oct. 07, 2020
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Debt instrument, term |
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6 months
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6 months
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Debt instrument, face amount |
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$ 224,000
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$ 168,000
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Debt instrument, unamortized discount |
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$ 24,000
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$ 18,000
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Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | BHP Capital NY Inc. [Member] |
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Debt instrument, interest rate |
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2.00%
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Debt instrument, maturity date |
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Oct. 07, 2020
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Debt instrument, term |
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6 months
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Debt instrument, face amount |
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$ 168,000
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Debt instrument, unamortized discount |
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18,000
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Proceeds from notes |
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$ 150,000
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Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | Investor [Member] |
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Stock issued during period, shares |
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14,266
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10,700
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Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | Investor [Member] | BHP Capital NY Inc. [Member] |
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Stock issued during period, shares |
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10,700
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Purchase Agreementt [Member] | Warrants [Member] | Investor [Member] |
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Investor purchase percent |
900.00%
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|
250.00%
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|
Warrants price |
$ 3.722
|
|
$ 2.00
|
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|
Warrants purchase |
18,568,188
|
|
15,000,000
|
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|
Forbearance Agreement [Member] | Investor [Member] |
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|
Debt conversion principal amount |
|
$ 54,830
|
|
|
|
$ 45,000
|
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Debt conversion interest converted |
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|
$ 750
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Shares issued upon debt conversion |
|
54,830
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|
41,730
|
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Debt instrument, face amount |
|
|
|
$ 43,041
|
$ 45,000
|
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$ 98,532
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|
Stock issued during period, shares |
|
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|
27,415
|
41,730
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Debt conversion description |
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Under the terms of the Forbearance Agreement, the Investor has requested and the Company has agreed to temporarily forebear, until the earlier of (i) December 9, 2020 or (ii) at such time as a default shall occur under and pursuant to the Purchase Agreement, the Note or the Forbearance Agreement, from exercising its right to convert amounts due under the Note into Common Stock of the Company, in exchange for a one time cash payment forbearance fee equal to $12,500 paid upon execution of the Forbearance Agreement.
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Payment of debt |
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|
$ 12,500
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|
Loan Agreement [Member] | Sook Hyun Lee [Member] | ED Roses, LLC [Member] |
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Debt instrument, interest rate |
|
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15.00%
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Warrants expiration date |
|
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Apr. 15, 2020
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Loans payable |
|
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|
$ 150,000
|
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Commitment fee |
|
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|
$ 30,000
|
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Common stock in reserve |
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|
|
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|
75,000
|
|
|
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|
5% Promissory Note Agreement [Member] | Ralls Note [Member] |
|
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Warrants purchase |
|
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|
125,000
|
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Warrants expiration date |
|
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|
Jul. 10, 2020
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|
Debt instrument, face amount |
|
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$ 267,000
|
|
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Debt instrument, unamortized discount |
|
|
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|
17,000
|
|
|
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|
Payment of debt |
|
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|
250,000
|
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Issuance of warrants purchase value |
|
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|
$ 86,725
|
|
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|
5% Promissory Note Agreement [Member] | Solit Note [Member] |
|
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Warrants purchase |
|
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|
50,000
|
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|
Debt instrument, face amount |
|
|
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|
|
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|
$ 107,000
|
|
|
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|
Debt instrument, unamortized discount |
|
|
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|
7,000
|
|
|
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|
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|
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|
Payment of debt |
|
|
|
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|
|
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|
|
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|
100,000
|
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Issuance of warrants purchase value |
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|
$ 31,755
|
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|
5% Promissory Note Agreement [Member] | 'O'Leary Note [Member] |
|
|
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|
Warrants purchase |
|
|
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|
|
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|
25,000
|
|
|
|
|
|
|
|
|
|
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|
Debt instrument, face amount |
|
|
|
|
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|
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|
|
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|
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|
$ 53,500
|
|
|
|
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|
|
|
|
|
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|
|
Debt instrument, unamortized discount |
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
3,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment of debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
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|
|
Issuance of warrants purchase value |
|
|
|
|
|
|
|
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|
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|
|
$ 16,797
|
|
|
|
|
|
|
|
|
|
|
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|
Paycheck Protection Program [Member] |
|
|
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|
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|
|
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|
Debt instrument, interest rate |
|
|
|
|
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|
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|
|
1.00%
|
1.00%
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
|
Debt instrument, maturity date |
|
|
|
|
|
|
|
|
|
|
|
May 04, 2022
|
Apr. 15, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
Proceeds from loans payable |
|
|
|
|
|
|
|
|
|
|
|
$ 62,500
|
$ 789,852
|
|
|
|
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|
Inventory Management Agreement [Member] |
|
|
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|
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|
Advance from vendors |
|
|
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|
|
|
$ 239,283
|
|
|
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|
Receivables financing |
|
|
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|
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|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
Inventory Management Agreement [Member] | President [Member] |
|
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|
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|
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|
Ownership percentage |
|
|
|
|
|
|
45.00%
|
|
|
|
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|
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|
Receivables Purchase Agreement [Member] |
|
|
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|
Receivables sold |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 250,000
|
|
|
|
|
|
|
|
|
Proceeds from receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 200,000
|
|
|
|
|
|
|
|
|
Credit Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
Debt instrument, face amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,500,000
|
|
|
|
|
|
|
Line of credit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,133,652
|
|
|
|
|
|
|
Debt instrument, description |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The Note shall accrue interest at 3% per annum and have a maturity date of six (6) months. 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").
|
|
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|