Subsequent Events |
3 Months Ended |
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Mar. 31, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Events |
NOTE 10: SUBSEQUENT EVENTS
Management has evaluated subsequent events through May 13, 2020, the date which the condensed financial statements were issued noting the following items that would impact the accounting for events or transactions in the current period or require additional disclosures.
On May 8, 2020, the Company drew down $3,000,000 as a prepayment against the Series B Convertible Note, dated August 19, 2019. Since March 31, 2020, it has issued 4,154,165 shares of its Common Stock which have resulted in a complete conversion of the remaining shares of Series D Preferred Stock and a partial conversion against the Series B Convertible Note. |