Summary of Significant Accounting Policies (Details Narrative) |
6 Months Ended | |||
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Jun. 30, 2020
USD ($)
Segment
shares
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Jun. 30, 2019
USD ($)
shares
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Dec. 31, 2019
USD ($)
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Dec. 22, 2015 |
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Cash equivalents | $ 2,000 | $ 2,000 | ||
Equity method investments, net loss | $ (42,598) | $ (47,791) | ||
Equity method investment percentage, description | When the fair value of an investment is indeterminable, the Company accounts for its investments that are under 20% of the total equity outstanding using the cost method. For investments in which the Company holds between 20-50% equity and is non-controlling are accounted for using the equity method. For any investments in which the Company holds over 50% of the outstanding stock, the Company consolidates those entities into their condensed consolidated financial statements herein. | |||
Marketable securities carrying value | $ 305,000 | |||
Number of operating segment | Segment | 1 | |||
Advertising, marketing and promotion expense | $ 1,794 | 312 | ||
Depreciation | $ 80 | $ 787 | ||
Minimum [Member] | ||||
Property, plant and equipment, useful life | 3 years | |||
Maximum [Member] | ||||
Property, plant and equipment, useful life | 5 years | |||
Convertible Notes Payable [Member] | ||||
Anti dilutive securities | shares | 3,003,137 | 2,845,565 | ||
Warrants [Member] | ||||
Anti dilutive securities | shares | 740,000 | 700,000 | ||
iGrow Systems Inc [Member] | ||||
Ownership percentage | 43.15% | 43.15% | ||
KryptoBank Co., [Member] | ||||
Ownership percentage | 51.00% | |||
Joint Venture [Member] | ||||
Equity method investments, net loss | $ 42,598 | |||
Investment in the joint venture | 65,666 | |||
Loan payable | $ 17,500 |
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- Definition Equity method investment percentage, description. No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Net Income (Loss) No definition available.
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- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investment in marketable security. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total expense recognized in the period for promotion, public relations, and brand or product advertising. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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