Document and Entity Information
Document and Entity Information | 3 Months Ended |
Mar. 31, 2021 | |
Cover [Abstract] | |
Entity Registrant Name | Worksport Ltd |
Entity Central Index Key | 0001096275 |
Document Type | S-1/A |
Amendment Flag | true |
Amendment Description | Amendment No. 2 |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business Flag | true |
Entity Emerging Growth Company | false |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Current Assets | |||
Cash and cash equivalents | $ 9,311,878 | $ 1,107,812 | $ 11,993 |
Accounts receivable net | 16,438 | 122,787 | 2,974 |
Other receivable | 38,036 | 167,836 | 64,821 |
Inventory | 115,587 | 40,803 | 113,156 |
Prepaid inventory (note 3) | 177,745 | ||
Prepaid expenses and deposits | 152,116 | 245,526 | 60,741 |
Total Current Assets | 9,811,800 | 1,684,764 | 253,685 |
Investment (Note 18) | 24,423 | 24,423 | 15,658 |
Property and Equipment, net | 209,238 | 91,511 | 94,695 |
Right-of-use asset, net | 32,757 | 38,506 | 60,125 |
Intangible Assets, net | 131,676 | 62,948 | 57,145 |
Total Assets | 10,209,894 | 1,902,152 | 481,308 |
Current Liabilities | |||
Accounts payable and accrued liabilities | 952,407 | 971,667 | 969,321 |
Payroll taxes payable | 51,186 | 48,216 | 36,844 |
Related party loan | 3,940 | 23,393 | 28,638 |
Promissory notes payable | 313,211 | 367,058 | 267,881 |
Convertible promissory note, net | 98,982 | ||
Loan payable | 28,387 | 184,854 | |
Current lease liability | 24,485 | 23,883 | 22,000 |
Total Current Liabilities | 1,373,616 | 1,718,053 | 1,324,684 |
Long Term-Lease Liability | 8,272 | 14,624 | 39,185 |
Total Liabilities | 1,381,888 | 1,732,677 | 1,363,869 |
Shareholders' Equity (Deficit) | |||
Series A & B Preferred Stock, $0.0001 par value, 1,100,000 shares authorized, 1,000 Series A and 0 Series B issued and outstanding, respectively | 1 | 1 | |
Common stock, $0.0001 par value, 299,000,000 shares authorized, 162,763,986, 76,412,359 and 41,906,790 shares issued and outstanding, respectively | 16,277 | 7,640 | 4,191 |
Additional paid-in capital | 22,539,306 | 12,658,596 | 8,642,423 |
Share subscriptions receivable | (1,577) | (1,577) | (1,577) |
Share subscriptions payable | 372,131 | 379,428 | 2,159,395 |
Accumulated deficit | (14,089,552) | (12,866,033) | (11,678,413) |
Cumulative translation adjustment | (8,580) | (8,580) | (8,580) |
Total Shareholders' Equity (Deficit) | 8,828,006 | 169,475 | (882,561) |
Total Liabilities and Shareholders' Equity (Deficit) | $ 10,209,894 | $ 1,902,152 | $ 481,308 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Common stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 |
Common stock, shares issued | 162,763,986 | 76,412,359 | 41,906,790 |
Common stock, shares outstanding | 162,763,986 | 76,412,359 | 41,906,790 |
Series A Preferred Stock [Member] | |||
Preferred Stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 |
Preferred Stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 |
Preferred Stock, shares issued | 1,000 | 1,000 | 0 |
Preferred Stock, shares outstanding | 1,000 | 1,000 | 0 |
Series B Preferred Stock [Member] | |||
Preferred Stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 |
Preferred Stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 |
Preferred Stock, shares issued | 1,000 | 1,000 | 0 |
Preferred Stock, shares outstanding | 1,000 | 1,000 | 0 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income Statement [Abstract] | ||||
Net Sales | $ 7,650 | $ 41,027 | $ 346,144 | $ 1,926,405 |
Cost of Goods Sold | 60,221 | 27,011 | 298,996 | 1,687,857 |
Gross Profit | (52,571) | 14,016 | 47,148 | 238,548 |
Operating Expenses | ||||
General and administrative | 134,284 | 33,906 | 201,929 | 238,841 |
Sales and marketing | 162,651 | 2,826 | 148,008 | 50,159 |
Professional fees | 647,114 | 109,465 | 679,654 | 515,279 |
Loss (gain) on foreign exchange | 5,206 | (7,726) | 3,796 | (27,881) |
Total operating expenses | 949,255 | 138,471 | 1,033,387 | 776,398 |
Loss from operations | (1,001,826) | (124,455) | (986,239) | (537,851) |
Other Income (Expense) | ||||
Interest expense | (230,900) | (27,811) | (386,249) | (71,961) |
Gain (loss) on settlement of debt | 9,207 | 184,868 | 250,778 | |
Total other (expense) | (221,693) | (27,811) | (201,381) | 178,817 |
Net Loss | $ (1,223,519) | (152,266) | (1,187,620) | (359,034) |
Other Comprehensive Loss | ||||
Foreign currency translation adjustment | (4,967) | |||
Comprehensive Loss | $ (152,266) | $ (1,187,620) | $ (364,001) | |
Loss per Share (basic and diluted) | $ (0.01) | $ 0 | $ (0.02) | $ (0.01) |
Weighted Average Number of Shares (basic and diluted) | 103,101,944 | 43,129,884 | 54,690,611 | 36,824,519 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Shareholders' Deficit - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Share Subscriptions Receivable [Member] | Share Subscription Payable [Member] | Accumulated Deficit [Member] | Cumulative Translation Adjustment [Member] | Total |
Balance at Dec. 31, 2018 | $ 10,000 | $ 2,463 | $ 8,103,934 | $ (1,577) | $ 2,019,532 | $ (10,354,299) | $ (3,613) | $ (223,560) |
Balance, shares at Dec. 31, 2018 | 1,000,000 | 24,634,051 | ||||||
Issuance of share subscriptions payable | $ 469 | 607,026 | (607,495) | |||||
Issuance of share subscriptions payable, shares | 4,680,084 | |||||||
Deemed dividend related to down-round features | 965,079 | (965,079) | ||||||
Return and Cancellation of shares | $ (99) | (77,179) | (247,722) | (325,000) | ||||
Return and Cancellation of shares, shares | (990,742) | |||||||
Issuance for settlement of payables | 30,000 | 30,000 | ||||||
Issuance for settlement of payables, shares | ||||||||
Conversion of Preferred Stock | $ (10,000) | $ 1,358 | 8,642 | |||||
Conversion of Preferred Stock, shares | (1,000,000) | 13,583,397 | ||||||
Net loss | (359,034) | (359,034) | ||||||
Foreign currency translation adjustment | (4,967) | (4,967) | ||||||
Balance at Dec. 31, 2019 | $ 4,191 | 8,642,423 | (1,577) | 2,159,395 | (11,678,413) | (8,580) | (882,561) | |
Balance, shares at Dec. 31, 2019 | 41,906,790 | |||||||
Issuance for prepaid services and subscriptions payable | 125,000 | 125,000 | ||||||
Issuance from subscriptions payable | $ 665 | 967,807 | (968,472) | |||||
Issuance from subscriptions payable, shares | 6,649,793 | |||||||
Warrants issuance in connection to convertible promissory note | 59,110 | 59,110 | ||||||
Share issuance in connection to convertible promissory note | $ 45 | 123,345 | 123,390 | |||||
Share issuance in connection to convertible promissory note, shares | 450,000 | |||||||
Net loss | (152,266) | (152,266) | ||||||
Balance at Mar. 31, 2020 | $ 4,901 | 9,792,685 | (1,577) | 1,315,923 | (11,830,679) | (8,580) | (727,327) | |
Balance, shares at Mar. 31, 2020 | 49,006,583 | |||||||
Balance at Dec. 31, 2019 | $ 4,191 | 8,642,423 | (1,577) | 2,159,395 | (11,678,413) | (8,580) | (882,561) | |
Balance, shares at Dec. 31, 2019 | 41,906,790 | |||||||
Issuance for services | $ 240 | 168,670 | 168,910 | |||||
Issuance for services, shares | 2,413,022 | |||||||
Issuance for prepaid services and subscriptions payable | $ 372 | 203,616 | 241,559 | 445,547 | ||||
Issuance for prepaid services and subscriptions payable, shares | 3,723,333 | |||||||
Issuance of subscriptions payable | 162,000 | 162,000 | ||||||
Issuance from subscriptions payable | $ 1,544 | 1,977,683 | (1,729,227) | 250,000 | ||||
Issuance from subscriptions payable, shares | 15,437,479 | |||||||
Issuance of shares from Reg-A | $ 996 | 997,974 | 32,701 | 1,031,670 | ||||
Issuance of shares from Reg-A, shares | 9,961,301 | |||||||
Share issuance cost | (55,004) | (55,004) | ||||||
Cancellation of reserved shares | (325,000) | (325,000) | ||||||
Cancellation of reserved shares, shares | ||||||||
Warrant issuance for services | 29,103 | 29,103 | ||||||
Conversion of convertible promissory note to shares | $ 252 | 226,587 | $ 226,839 | |||||
Conversion of convertible promissory note to shares, shares | 2,520,434 | 3,448,025 | ||||||
Warrants issuance in connection to convertible promissory note | 344,110 | $ 344,110 | ||||||
Share issuance in connection to convertible promissory note | $ 45 | 123,345 | 123,390 | |||||
Share issuance in connection to convertible promissory note, shares | 450,000 | |||||||
Issuance of Preferred Stock | $ 1 | 89 | 90 | |||||
Issuance of Preferred Stock, shares | 1,000 | |||||||
Net loss | (1,187,620) | (1,187,620) | ||||||
Foreign currency translation adjustment | ||||||||
Balance at Dec. 31, 2020 | $ 1 | $ 7,640 | 12,658,596 | (1,577) | 379,428 | (12,866,033) | (8,580) | 169,475 |
Balance, shares at Dec. 31, 2020 | 1,000 | 76,412,359 | ||||||
Consulting Service for share subscriptions | 111,222 | 111,222 | ||||||
Issuance for services and subscriptions payable | $ 633 | 569,277 | (241,559) | 328,351 | ||||
Issuance for services and subscriptions payable, shares | 6,321,154 | |||||||
Issuance of shares from private placement | $ 3,050 | 3,046,931 | 32,000 | 3,081,981 | ||||
Issuance of shares from private placement, shares | 30,499,800 | |||||||
Cashless warrant exercise | $ 79 | (79) | ||||||
Cashless warrant exercise, shares | 790,243 | |||||||
Issuance for services, shares | 150,000 | |||||||
Issuance of shares from Reg-A | $ 3,005 | 3,000,316 | (32,700) | $ 2,970,621 | ||||
Issuance of shares from Reg-A, shares | 30,048,199 | |||||||
Share issuance cost | (59,160) | (59,160) | ||||||
Warrant issuance for services | 37,000 | 37,000 | ||||||
Warrant exercise | $ 1,460 | 2,918,515 | 12,130 | 2,932,105 | ||||
Warrant exercise, shares | 14,599,800 | |||||||
Conversion of convertible promissory note to shares | $ 410 | 367,910 | 368,320 | |||||
Conversion of convertible promissory note to shares, shares | 4,092,431 | |||||||
Loan repayment | 111,610 | 111,610 | ||||||
Net loss | (1,223,519) | (1,223,519) | ||||||
Balance at Mar. 31, 2021 | $ 1 | $ 16,277 | $ 22,539,306 | $ (1,577) | $ 372,131 | $ (14,089,552) | $ (8,580) | $ 8,828,006 |
Balance, shares at Mar. 31, 2021 | 1,000 | 162,763,986 |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Operating Activities | ||||
Net Loss | $ (1,223,519) | $ (152,266) | $ (1,187,620) | $ (359,034) |
Adjustments to reconcile net loss to net cash from operating activities: | ||||
Amortization of prepaid services paid by shares issuance | 234,064 | |||
Shares and warrants issued for services | 565,261 | 181,602 | ||
Loss on impairment | 54,292 | |||
Depreciation and amortization | 7,843 | 6,514 | 26,962 | 11,438 |
Interest on lease liability | 915 | 1,460 | 5,039 | 2,706 |
Wages and salaries | 43,709 | |||
Accrued interest | 17,010 | 58,397 | ||
Amortization on OID interest | 211,340 | 12,715 | 297,697 | |
Gain on settlement of debt | (9,207) | (184,868) | (250,778) | |
Total items not involving cash flow from operating activities | (430,357) | (131,577) | (525,020) | (541,376) |
Changes in operating assets and liabilities | (76,510) | (49,458) | (201,284) | 539,220 |
Net cash used in operating activities | (506,867) | (181,035) | (726,304) | (2,157) |
Cash Flows from Investing Activities | ||||
Repayment of lease liability | (7,516) | (10,037) | ||
Loan receivable | (5,507) | |||
Purchase of investment | (8,765) | (8,765) | (15,658) | |
Purchase of property and equipment | (119,233) | (7,962) | (98,353) | |
Net cash used in investing activities | (132,256) | (8,765) | (16,727) | (124,048) |
Financing Activities | ||||
Proceeds from issuance of common shares, net of issuance cost | 5,993,441 | |||
Proceeds from warrant exercise | 2,932,105 | 9,100,000 | ||
Proceeds from issuance of stock for cash | 1,007,617 | 30,000 | ||
Proceeds from share subscriptions | 250,000 | |||
Repayment of loan payable | (62,905) | |||
Proceeds from loan payable | 178,836 | 88,120 | ||
Proceeds from promissory notes | 182,500 | 467,500 | ||
Shareholder Assumption of Debt | (19,453) | 6,317 | (48,953) | 19,266 |
Repayments on promissory notes | (16,150) | (19,544) | ||
Net cash provided by financing activities | 8,843,188 | 188,817 | 1,838,850 | 117,841 |
Effects of Foreign Currency Translation | (4,967) | |||
Change in cash | 8,204,066 | (983) | 1,095,819 | (13,330) |
Cash and cash equivalents - beginning of year | 1,107,812 | 11,993 | 11,993 | 25,323 |
Cash and cash equivalents end of year | 9,311,878 | 11,010 | 1,107,812 | 11,993 |
Supplemental disclosure of cash flow information: | ||||
Interest paid | 1,850 | 11,100 | 8,113 | |
Supplemental Disclosure of non-cash investing and financing Activities | ||||
Purchase of software | 69,315 | |||
Share cancellation | (77,179) | |||
Shares issued to service providers | 241,559 | 372,990 | ||
Cashless warrant exercise | 51,901 | |||
Conversion of preferred stock to common stock | 8,642 | |||
Shares issued for share subscriptions payable | 274,259 | 968,472 | 2,046,415 | 290,540 |
Recognition of operating lease right of use asset and liability | 68,517 | |||
Conversion of convertible promissory note to common stock | 368,320 | 226,839 | ||
Convertible promissory note - equity discount | 182,500 | 467,500 | ||
Convertible promissory note - original issue discount | $ 16,215 | $ 41,537 |
Basis of Presentation and Busin
Basis of Presentation and Business Condition | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Accounting Policies [Abstract] | ||
Basis of Presentation and Business Condition | 1. Basis of Presentation and Business Condition a) Interim Financial Information The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments and reclassifications considered necessary in order to make the financial statements not misleading and for a fair and comparable presentation have been included and are of a normal recurring nature. Operating results for the three-month period ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on April 13, 2021. b) Functional and Reporting Currency Effective January 1, 2020, the Company changed the functional currency of its subsidiary to United States dollars given the increasing prevalence of U.S. dollar-denominated activities of the subsidiary over time. The change in functional currency from Canadian dollars to United States dollars is accounted for prospectively from January 1, 2020. The subsidiary’s balance sheet was converted from Canadian dollars to United States dollars using the year ended December 31, 2019 United States dollar balance as the opening for January 1, 2020 in accordance to ASC 830 c) Use of Estimates The preparation of condensed unaudited financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed interim financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. d) Business condition The Company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. As of March 31, 2021, the Company had working capital of $8,438,184 and an accumulated deficit of $14,089,552. As of March 31, 2021, the Company had cash and cash equivalents of $9,311,878. Based on its current operating plans, the Company believes it has sufficient level of funding for anticipated operations, capital expenditures and debt repayments for a period of at least 12 months from the issuance date of this Annual Report. During the three month ended March 31, 2021 the Company through its Reg-A public offering, private placement offering, and exercises of warrants had raised in aggregate of approximately $9,000,000. In addition, as of May 2021 the Company has approximately 57,000,000 warrants exercisable at $0.20 per warrant compare to an average share price of approximately $0.30 per share, anticipating additional warrant exercises. The Company intends to introduce in late 2021 and 2022 several new tonneau covers most significant of which is the TerraVis (2022). TerraVis is a solar cover tonneau cover will give pick-up truck owners rechargeable portable power and added range to upcoming EV pick-up trucks. The Company anticipates that the introduction of these new products will sufficiently improve the Company’s financial position. Based on the Company’s future operating plans, existing cash of $9,311,878 combined with possible warrants exercises of approximately $9,100,000; management believes the Company have sufficient funds to meet its contractual obligations and working capital requirements for the next 12 months and the foreseeable future. e) Revision of Prior Period Financial Statements In connection with the preparation of our consolidated financial statements, we identified an immaterial error related to the recognition of a deemed dividend related to down-round features along with the associated shares issuance and professional fees in the three month ended March 31, 2020. In accordance with SAB (Staff Accounting Bulletins) Topic 1.M, “Materiality,” and SAB (Staff Accounting Bulletins) Topic 1.N, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements,” we evaluated the error and determined that the related impact was not material to our financial statements for any prior annual or interim period, but that correcting the cumulative impact of the error would be significant to our results of operations and equity for the fiscal and interim periods of 2020. Accordingly, we have revised previously reported financial information for such immaterial error, as previously disclosed in our Quarterly Report on Form 10-Q for the three month ended March 31, 2020. A summary of revisions to certain previously reported financial information presented herein for comparative purposes is included in note 15. | 2. Basis of Presentation and Business Condition a) Statement of Compliance The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States ( ‘GAAP’ ‘FASB’ b) Basis of Measurement The Company’s financial statements have been prepared on the accrual basis. c) Consolidation The Company’s consolidated financial statements consolidate the accounts of the Company and its wholly-owned subsidiary. All intercompany transactions, balances and unrealized gains or losses from intercompany transactions have been eliminated upon consolidation. d) Functional and Presentation Currency Effective January 1, 2020, the Company changed the functional currency of its subsidiary to United States dollars given the increasing prevalence of U.S. dollar-denominated activities of the subsidiary over time. The change in functional currency from Canadian dollars to United States dollars is accounted for prospectively from January 1, 2020. The subsidiary’s balance sheet was converted from Canadian dollars to United States dollars using the year ended December 31, 2019 United States dollar balance as the opening for January 1, 2020 in accordance with Accounting Standards Codification (ASC) 830 e) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. f) Business condition The Company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. As of December 31, 2020, the Company had working capital deficiency of $33,289 and an accumulated deficit of $12,866,033. As of December 31, 2020, the Company had cash and cash equivalents of $1,107,812. Based on its current operating plans, the Company believes it has sufficient level of funding for anticipated operations, capital expenditures and debt repayments for a period of at least 12 months from the issuance date of this annual report. During the year ended December 31, 2020 and subsequent to the year ended the Company through its Reg-A public offering, private placement offering, and exercises of warrants had raised in aggregate of approximately $7,400,000. In addition, as of March 2021 the Company has approximately 45,840,121 warrants exercisable at $0.20 per warrant compared to an average share price of approximately $0.40 per share, anticipating additional warrant exercises. Subsequent to year ended December 31, 2020 the Company intends to introduce several new tonneau covers most significant of which is the TerraVis. TerraVis is a solar cover tonneau cover will give pickup truck owners rechargeable portable power and add range to upcoming EV pickup trucks. The Company anticipates that the introduction of these new products will sufficiently improve the Company’s financial position. Based on the Company’s future operating plans, existing cash of $1,107,812, additional funds of approximately $6,300,000 raised subsequent to year ended, combined with possible warrants exercises of approximately $9,100,000; management believes the Company have sufficient funds to meet its contractual obligations and working capital requirements for the next 12 months and the foreseeable future. g) Reclassification Certain comparative figures have been reclassified to conform to the current period’s presentation. h) Revision of Prior Period Financial Statements In connection with the preparation of our consolidated financial statements, we identified an immaterial error related to the recognition of a deemed dividend related to down-round features along with the associated shares issuance and professional fees in the annual periods in fiscal 2019 and first quarter of 2020. In accordance with SAB (Staff Accounting Bulletins) Topic 1.M, ‘ Materiality , Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements , |
Nature of Operations and Revers
Nature of Operations and Reverse Acquisition Transaction | 12 Months Ended |
Dec. 31, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Nature of Operations and Reverse Acquisition Transaction | 1. Nature of Operations and Reverse Acquisition Transaction Worksport Ltd. (the ‘ Company Reverse Acquisition TruXmart Worksport |
Significant Accounting Policies
Significant Accounting Policies | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Accounting Policies [Abstract] | ||
Significant Accounting Policies | 2. Significant Accounting Policies The accounting polices used in the preparation of these condensed consolidated interim financial statements are consistent with those of the Company’s audited financial statements for the year ended December 31, 2020 in addition to: Property and Equipment – ● Automobile 5 years | 3. Significant Accounting Policies Cash and Cash Equivalents Receivables– The Company offers credit terms on the sale of the Company’s products to a significant majority of the Company’s customers and requires no collateral from these customers. The Company performs ongoing credit evaluations of customers’ financial condition and maintains an allowance for doubtful accounts receivable based upon the Company’s historical experience and a specific review or accounts receivable at the end of each period. As at December 31, 2020 and 2019, the Company had no allowance for doubtful accounts. Inventory– Warranties– Revenue Recognition– Property and Equipment– Furniture and equipment 5 years Computers 3 years Patents 25 years Leasehold improvements 15 years As at December 31, 2020, the Company does not take depreciation for the following items: product molds, trademarks and the website. Income Taxes– Tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. Foreign Currency Translation– Financial Instruments– Measurement– Financial assets measured at amortized cost include cash and cash equivalents, accounts receivable, related party receivable, other receivables and share subscriptions receivable. Financial liabilities measured at amortized cost include accounts payable and accrued liabilities, and promissory note payable. Related Party Transactions– Intangible Assets and Impairment– Lease Accounting Recent Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ‘Debt–Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging–Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity.’ ‘EPS’ |
Inventory
Inventory | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Inventory Disclosure [Abstract] | ||
Inventory | 3. Inventory Inventory consists of the following at March 31, 2021 and December 31, 2020: 2021 2020 Finished goods $ 107,143 $ 32,358 Promotional items 552 552 Raw materials 7,893 7,893 $ 115,587 $ 40,803 Prepaid inventory $ 177,745 $ - | 4. Inventory Inventory consists of the following at December 31, 2020 and 2019: 2020 2019 Finished goods $ 32,358 $ 104,868 Promotional items 552 552 Raw materials 7,893 7,737 $ 40,803 $ 113,156 Prepaid inventory $ - $ 50,000 During the year ended December 31, 2019, the Company recognized a loss on impairment of inventory $54,292. |
Property and Equipment
Property and Equipment | 12 Months Ended |
Dec. 31, 2020 | |
Property, Plant and Equipment [Abstract] | |
Property and Equipment | 5. Property and Equipment Major classes of property and equipment at December 31, 2020 and 2019 are as follows: 2020 Equipment Product molds Computers Leasehold Improvements Total Cost Balance–January 1, 2020 $ 10,047 $ 65,708 $ 1,162 $ 23,371 $ 102,288 Additions - - - - - Balance–December 31, 2020 $ 10,047 $ 65,708 $ 1,162 $ 23,371 $ 100,288 Accumulated Depreciation Balance–January 1, 2020 $ (3,785 ) $ - $ (1,162 ) $ (646 ) $ (5,593 ) Additions (1,626 ) - - (1,558 ) (3,184 ) Balance–December 31, 2020 $ (5,410 ) $ - $ (1,162 ) $ (2,204 ) $ (8,777 ) Net amount as at December 31, 2020 $ 4,636 $ 65,708 $ - $ 21,167 $ 91,511 2019 Equipment Product molds Computers Leasehold Improvements Total Cost Balance–January 1, 2019 $ 8,850 $ 37,243 $ 1,162 $ - $ 47,255 Additions 1,197 28,465 - 23,371 53,033 Balance–December 31, 2019 $ 10,047 $ 65,708 $ 1,162 $ 23,371 100,288 Accumulated Depreciation Balance–January 1, 2019 $ (2,254 ) $ - $ (1,141 ) $ - $ (3,395 ) Additions (1,531 ) - (21 ) (646 ) (2,198 ) Balance–December 31, 2019 $ (3,785 ) $ - $ (1,162 ) $ (646 ) $ (5,593 ) Net amount as at December 31, 2019 $ 6,262 $ 65,708 $ - $ 22,725 $ 94,695 During the years ended December 31, 2020 and 2019, the Company recognized depreciation expense of $3,184 and $2,198, respectively. All current property and equipment, as well as any future purchases of property and equipment have been pledged as security for the notes payable disclosed in Notes 7 and 8. |
Intangible Assets
Intangible Assets | 12 Months Ended |
Dec. 31, 2020 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets | 6. Intangible Assets Intangible assets consist of costs incurred to establish the Worksport Tri-Fold and Smart Fold patent technology, Worksport trademarks, as well as the Company’s website. The patent was issued in 2014 and 2019. The patent will be amortized on a straight-line basis over its useful life of 25 years. The Company’s trademark and website are reassessed every year for amortization/impairment; the Company has determined that amortization/impairment is not necessary for the current year ended December 31, 2020. The change in intangible assets for the years ending December 31, 2020 and 2019 are as follows: 2020 Patent Website Trademarks Total Cost Balance–January 1, 2020 $ 51,250 $ 3,500 $ 4,644 $ 59,394 Additions 7,456 - 506 7,962 Balance–December 31, 2020 $ 58,706 $ 3,500 $ 5,150 $ 67,356 Accumulated Depreciation Balance–January 1, 2020 $ (2,249 ) $ - $ - $ (2,249 ) Additions (2,159 ) - - (2,159 ) Balance–December 31, 2020 $ (4,408 ) $ - $ - $ (4,408 ) Net amount as at December 31, 2020 $ 54,298 $ 3,500 $ 5,150 $ 62,948 2019 Patent Website Trademarks Total Cost Balance–January 1, 2019 $ 10,574 $ 3,500 $ - $ 14,074 Additions 40,676 - 4,644 45,320 Balance–December 31, 2019 $ 51,250 $ 3,500 $ 4,644 $ 59,394 Accumulated Depreciation Balance–January 1, 2019 $ (1,401 ) $ - $ - $ (1,401 ) Additions (848 ) - - (848 ) Balance–December 31, 2019 $ (2,249 ) $ - $ - $ (2,249 ) Net amount as at December 31, 2019 $ 49,001 $ 3,500 $ 4,644 $ 57,145 Amortization of the patent over the next five years and beyond December 31, 2020 is as follows: 2021 $ 2,160 2022 $ 2,160 2023 $ 2,160 2024 $ 2,160 2025 $ 2,160 2026 and later $ 38,201 |
Promissory Notes
Promissory Notes | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Promissory Notes | 4. Promissory Notes The following tables shows the balance of the notes payable as of March 31, 2021 and December 31, 2020: Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 Repayment (53,847 ) Balance as at March 31, 2021 $ 313,211 During the year ended December 30, 2020, the Company reclassified $88,120 from accounts payable to promissory notes. The terms of the note is under negotiation and is currently due on demand. During the year ended December 30, 2020, the Company reclassified a debit balance of $11,058 from notes payable to other receivable. During the year ended December 31, 2016, the Company issued a secured promissory note in the amount of $73,452 ($123,231 Canadian Dollars). During the year ended December 31, 2018, the Company issued two additions to the original unsecured promissory note of July 2016, totaling $22,639 ($30,884 Canadian dollars). The secured promissory note bears interest at a rate of 18% per annum. The payment terms of the original note including these additions are due “upon completion of going public on the Canadian Securities Exchange, with no change in interest rate. The secured promissory note is secured by all present and after-acquired property and assets of the Company. During the year ended December 31, 2019, the Company extended the maturity dates of the secured promissory notes to be due on April 1, 2021. As at March 31, 2021, principal balance owing was $96,091 ($123,231 Canadian Dollars) (December 31, 2020 - $96,091 ($123,231 Canadian Dollars)). As of March 31, 2021, the accrued interest on this note payable was $53,120 ($69,571 Canadian Dollars) (December 31, 2020 - $48,770 ($64,102 Canadian Dollars)) included in accounts payable and accrued liabilities. As of March 31, 2021, the Company and the secured promissory note holder are in dispute. During the year ended December 31, 2016, the Company issued secured promissory notes in the amount of $79,000. The secured promissory notes bears interest at a rate of 18% per annum, payable monthly. The secured promissory notes are secured by all present and after-acquired property and assets of the Company. During the year ended December 31, 2019, the Company extended the maturity dates of all secured promissory notes to be due on April 1, 2021. As at March 31, 2021 principal balance owing was $79,000 (December 31, 2020 - $79,000). As of March 31, 2021, the accrued interest on this note payable was $34,497 (December 31, 2020 – $31,000) included in accounts payable and accrued liabilities. As of March 31, 2021, the Company and the secured promissory note holder are in dispute. During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $53,848 ($67,700 Canadian Dollars). The secured promissory notes were due in October and November 2018 and bears interest at a rate of 12% per annum. The secured promissory notes are secured by Company inventory and personal assets held by the CEO. During the year ended December 31, 2019, the Company extended the maturity date of the secured promissory notes to November 3, 2020. During the three months ended March 31, 2021, the Company and promissory note holders reached an agreement to repay $62,905 ($80,108 Canadian Dollars) for outstanding principal and interest. As a result of the Company recognized a gain on settlement of debt of $5,682. As of March 31, 2021 the Company has made the payment of $62,905. During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $60,000. The secured promissory notes are due in August and November 2018 and bear interest at a rate of 12% per annum. The secured promissory notes are secured by Company inventory and personal assets held by the CEO. During the year ended December 31, 2019 the Company extended the maturity dates of this secured promissory note to November 3, 2020. During the year ended December 31, 2019, the Company a principal repayment of $10,000. As at March 31, 2021, principal balance owing was $50,000 (December 31, 2020 - $50,000). As of March 31, 2021, the accrued interest on this note payable was $24,203 (December 31, 2020 - $22,703) included in accounts payable and accrued liabilities. As the note is outstanding beyond its maturity date interest rate increased from 12% to 22%. The amounts repayable under promissory notes and secured promissory notes at March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 Balance owing $ 313,211 $ 367,058 Less amounts due within one year (313,211 ) (367,058 ) Long-term portion $ - $ - | 7. Promissory Notes The following tables shows the balance of the notes payable as of December 31, 2020 and 2019: Balance as at December 31, 2018 $ 287,425 Payment (19,544 ) Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 During the year ended December 30, 2020, the Company reclassified $88,120 from accounts payable to promissory notes. The terms of the note is under negotiation and is currently due on demand. During the year ended December 30, 2020, the Company reclassified a debit balance of $11,058 from notes payable to other receivable. During the year ended December 31, 2016, the Company issued a secured promissory note in the amount of $73,452 ($123,231 Canadian dollars), respectively. During the year ended December 31, 2018, the Company issued two additions to the original unsecured promissory note of July 2016, totaling $22,639 ($30,884 Canadian dollars). The secured promissory note bears interest at a rate of 18% per annum. The payment terms of the original note including these additions are due upon completion of going public on the Canadian Securities Exchange, with no change in interest rate. The secured promissory note is secured by all present and after-acquired property and assets of the Company. During the year ended December 31, 2019, the Company extended the maturity dates of the secured promissory notes to be due on April 1, 2021. As at December 31, 2020, principal balance owing was $96,091 ($123,231 Canadian dollars) (2019–$96,091 ($123,231 Canadian dollars)). As of December 31, 2020, the accrued interest on this note payable was $48,770 ($64,102 Canadian dollars) (2019–$32,277 ($41,921 Canadian dollars)) included in accounts payable and accrued liabilities. As of December 31, 2020, the Company and the secured promissory note holder are in dispute. During the year ended December 31, 2016, the Company issued secured promissory notes in the amount of $79,000. The secured promissory notes bear interest at a rate of 18% per annum, payable monthly. The secured promissory notes are secured by all present and after-acquired property and assets of the Company. During the year ended December 31, 2019, the Company extended the maturity dates of all secured promissory notes to be due on April 1, 2021. As at December 31, 2020 principal balance owing was $79,000 (2019–$79,000). As of December 31, 2020, the accrued interest on this note payable was $31,000 (2019–16,780) included in accounts payable and accrued liabilities. As of December 31, 2020, the Company and the secured promissory note holder are in dispute. During the year ended December 31, 2017, the Company issued a secured promissory note in the amount of $9,545 ($12,000 Canadian dollars). The secured promissory note was due in August 2018 and bears interest at a rate of 18% per annum, payable monthly. During the year ended December 31, 2019, the Company made a repayment of $9,545 ($12,000 Canadian dollars). As of December 31, 2020, the unsecured promissory note has been repaid in full. During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $53,848 ($67,700 Canadian dollars). The secured promissory notes were due in October and November 2018 and bears interest at a rate of 12% per annum. The secured promissory notes are secured by Company inventory and personal assets held by the CEO. During the year ended December 31, 2019, the Company extended the maturity date of the secured promissory notes to November 3, 2020. As at December 31, 2020, principal balance owing was $53,848 ($67,700 Canadian dollars) (2019–$53,848 ($67,700 Canadian dollars)). As of December 31, 2020, the accrued interest on this note payable was $14,050 ($18,740 Canadian dollars) (2019–$8,174 ($10,616 Canadian dollars)) included in accounts payable and accrued liabilities. Subsequent to the year ended on February 9, 2021, the Company made a repayment of $62,905 (principal and interest) for the above secured promissory note issued during the year ended December 31, 2017. During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $60,000. The secured promissory notes are due in August and November 2018 and bear interest at a rate of 12% per annum. The secured promissory notes are secured by Company inventory and personal assets held by the CEO. During the year ended December 31, 2019 the Company extended the maturity dates of this secured promissory note to November 3, 2020. During the year ended December 31, 2019, the Company a principal repayment of $10,000. As at December 31, 2020, principal balance owing was $50,000 (2019–$50,000). As of December 31, 2020, the accrued interest on this note payable was $22,703 (2019–$16,703) included in accounts payable and accrued liabilities. As the note is outstanding beyond its maturity date interest rate increased from 12% to 22%. The amounts repayable under promissory notes and secured promissory notes at December 31, 2020 and 2019 are as follows: 2020 2019 Balance owing $ 367,058 $ 267,881 Less amounts due within one year (367,058 ) (267,881 ) Long-term portion $ - $ - |
Convertible Promissory Notes
Convertible Promissory Notes | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Convertible Promissory Notes | 5. Convertible Promissory Notes On February 25, 2020, the Company entered into an agreement with Leonite Capital LLC, a Delaware limited liability company (“Leonite”), pursuant to which the Company issued to Leonite a secured convertible promissory note in the aggregate principal amount of $544,425 to be paid in tranches. As additional consideration for the purchase of the note, (I) the Company issued to Leonite 450,000 common shares, and (ii) the Company issued to Leonite a five-year warrant to purchase 900,000 common shares at an exercise price of $0.10 per share (subject to adjustment), which may be exercised on a cashless basis. Refer to note 14 for warrant valuation. The note carries an original issue discount of $44,425 to cover Leonite’s legal fees, accounting fees, due diligence fees and/or other transactional costs incurred in connection with the purchase of the note. Therefore, the purchase price of the note was $500,000. On February 28, 2020, the Company recorded $198,715, $182,500 principal and $16,215 original issue discount. On September 1, 2020 the Company recorded an additional $310,322, $285,000 principal and $25,322 original issue discount. As of March 31, 2021, the Company has recorded $509,037, $467,500 principal and $41,537 original issue discount. Furthermore, the Company issued 450,000 shares of common stock valued at $123,390 and a debt-discount related to the warrants valued at $344,110. During the year ended December 31, 2020 Leonite converted $226,839 of convertible promissory note into 2,520,434 common shares at $0.09 per share. The original value of the convertible note converted was $182,565 as a result the Company recognized a loss of $44,274 on settlement of debt. During the three months ended March 31, 2021 Leonite converted its remaining outstanding principal and interest into common shares. Leonite received 4,092,431 common shares at $0.09 per share valued at $368,319. The original value of the convertible note converted including interest was $325,667. As a result the Company recognized a loss of $42,651 on settlement of debt. In connection with the settlement the Company expensed the remaining $148,027 of the original debt discount to interest expense. As of March 31, 2021 the convertible promissory note has been repaid in full. The Company amortized $58,146 (2020 - $11,677) of financing costs related to the shares and warrants for the three months ended March 31, 2021. The remaining net balance of the note at March 31, 2021 is $0 (2020 - $12,715) comprised of principal of $0 (2020 - $183,538) and net of unamortized debt discount of $0 (2020 - $170,823). The note bears interest at the rate of the greater of 10.2% per annum. Any amount of principal or interest on the note which is not paid by the maturity date shall bear interest at the rate at the lesser of 24% per annum or the maximum legal amount permitted by law (the “Default Interest”). Beginning on March 18, 2020 and on the same day of each and every calendar month thereafter throughout the term of the note, the Company shall make monthly payments of interest only due under the note to Leonite at the Stated Rate as set forth above. The Company shall pay to Leonite on an accelerated basis any outstanding principal amount of the note, along with accrued, but unpaid interest, from: (a) net proceeds of any future financings by the Company, but not its subsidiaries, whether debt or equity, or any other financing proceeds, except any transaction having a specific use of proceeds requirement that such proceeds are to be used exclusively to purchase the assets or equity of an unaffiliated business and the proceeds are used accordingly; (ii) net proceeds from any sale of assets of the Company or any of its subsidiaries other than sales of assets in the ordinary course of business or receipt by the Company or any of its subsidiaries of any tax credits existing prior to the date of the note; and (iii) net proceeds from the sale of any assets outside of the ordinary course of business or securities in any subsidiary. During the three month ended March 31, 2021, the Company accrued interest of $5,654. During the year ended December 31, 2020 the Company accrued interest of $9,960 and made interest payment of $11,100. As of March 31, 2021 the Company has repaid all outstanding interest. The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. The note contains customary events of default, including in the event of (it) non-payment, (ii) a breach by the Company of its covenants under the securities purchase agreement or any other agreement entered into in connection with the securities purchase agreement, or a breach of any of representations or warranties under the note, or (iii) the bankruptcy of the Company. The note also contains a cross default provision, whereby a default by the Company of any covenant or other term or condition contained in any of the other financial instrument issued by the Company to Leonite or any other third party after the passage all applicable notice and cure or grace periods that results in a material adverse effect shall, at Leonite’s option, be considered a default under the note, in which event Leonite shall be entitled to apply all rights and remedies under the terms of the note. Under the note, Leonite has the right at any time at its option to convert all or any part of the outstanding and unpaid principal amount and accrued and unpaid interest of the note into fully paid and non-assessable common shares of the Company. The number of common shares to be issued upon each conversion of the note shall be determined by dividing the conversion amount by the applicable conversion price then in effect. The conversion amount is the sum of: (i) the principal amount of the note to be converted plus (ii) at Leonite’s option, accrued and unpaid interest, plus (iii) at Leonite’s option, Default Interest, if any, plus (iv) Leonite’s expenses relating to a conversion, plus (v) at Leonite’s option, any amounts owed to Leonite. The conversion price shall be $0.09 per share (subject to adjustment as further described in the note for common share distributions and splits, certain fundamental transactions, and anti-dilution adjustments), provided that at any time after any event of default under the note, the conversion price shall immediately be equal to the lesser of (i) the fixed conversion price ($0.09); (ii) 60% of the lowest bid price during the twenty one consecutive trading day period immediately preceding the trading that the Company receives a Notice of Conversion or (iii) the discount to market based on subsequent financing. Notwithstanding the foregoing, in no event shall Leonite be entitled to convert any portion of the note in excess of that portion of the note upon conversion of which the sum of (1) the number of common shares beneficially owned by Leonite and its affiliates (other than common shares which may be deemed beneficially owned through the ownership of the unconverted portion of the note or the unexercised or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to the limitations contained in the note, and, if applicable, net of any shares that may be deemed to be owned by any person not affiliated with Leonite who has purchased a portion of the note from Leonite) and (2) the number of common shares issuable upon the conversion of the portion of the note with respect to which the determination of this proviso is being made, would result in beneficial ownership by Leonite and its affiliates of more than 4.99% of the outstanding common shares of the Company. Such limitations on conversion may be waived (up to a maximum of 9.99%) by Leonite upon, at its election, not less than 61 days’ prior notice to the Company, and the provisions of the conversion limitation shall continue to apply until such 61st day (or such later date, as determined by Leonite, as may be specified in such notice of waiver). This note shall give Leonite a senior secured obligation of the Company, with first priority over all current and future indebtedness of the Company and any subsidiary. Calculation of beneficial conversion feature As of March 31, 2021, The Company allocated $509,037 as the proceeds from Leonite; $467,500 principal and $41,537 original issue discount. The Company allocated $123,390 to common shares and $242,100 to warrants calculated using the black-scholes model. The effective rate resulted in a beneficial conversion feature greater than the proceeds. Allocated proceeds of Convertible Promissory Note $ 509,037 Conversion Price $ 0.09 Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note 5,655,967 Conversion price $ 0.098 FMV of Common Stock $ 0.263 Per Share Intrinsic Value of Beneficial Conversion Feature $ 0.165 Calculated Beneficial Conversion Feature $ 933,646 In accordance to ASC 470-20-30 | 8. Convertible Promissory Notes On February 25, 2020, the Company entered into an agreement with Leonite Capital LLC, a Delaware limited liability company ( ‘Leonite’ The note carries an original issue discount of $44,425 to cover Leonite’s legal fees, accounting fees, due diligence fees and/or other transactional costs incurred in connection with the purchase of the note. Therefore, the purchase price of the note was $500,000. On February 28, 2020, the Company recorded $198,715, $182,500 principal and $16,215 original issue discount. On September 1, 2020 the Company recorded an additional $310,322, $285,000 principal and $25,322 original issue discount. As of December 31, 2020, the Company has recorded $509,037, $467,500 principal and $41,537 original issue discount. Furthermore, the Company issued 450,000 shares of common stock valued at $123,390 and a debt discount related to the warrants valued at $344,110. During the year ended December 31, 2020 Leonite converted $226,839 of convertible promissory note into 2,520,434 shares of common stock at $0.09 per share. The original value of the convertible note converted was $182,565 as a result the Company recognized a loss of $44,274 on settlement of debt. The Company amortized $273,405 of financing costs related to the shares and warrants for the year ended December 31, 2020. The remaining net balance of the note at December 31, 2020 is $98,982 comprised of principal of $293,077 and net of unamortized debt discount of $194,095. Subsequent to the year ended December 31, 2020 the Company issued 4,092,431 shares of common stock at $0.09 per share to Leonite to settle all outstanding principal and interest. The note bears interest at the rate of the greater of 10.2% per annum. Any amount of principal or interest on the note which is not paid by the maturity date shall bear interest at the rate at the lesser of 24% per annum or the maximum legal amount permitted by law (the “Default Interest” Beginning on March 18, 2020 and on the same day of each and every calendar month thereafter throughout the term of the note, the Company shall make monthly payments of interest only due under the note to Leonite at the Stated Rate as set forth above. The Company shall pay to Leonite on an accelerated basis any outstanding principal amount of the note, along with accrued, but unpaid interest, from: (i) net proceeds of any future financings by the Company, but not its subsidiaries, whether debt or equity, or any other financing proceeds, except any transaction having a specific use of proceeds requirement that such proceeds are to be used exclusively to purchase the assets or equity of an unaffiliated business and the proceeds are used accordingly; (ii) net proceeds from any sale of assets of the Company or any of its subsidiaries other than sales of assets in the ordinary course of business or receipt by the Company or any of its subsidiaries of any tax credits existing prior to the date of the note; and (iii) net proceeds from the sale of any assets outside of the ordinary course of business or securities in any subsidiary. As of December 31, 2020, the Company has paid $11,100 in interest. The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. The note contains customary events of default, including in the event of (i) nonpayment, (ii) a breach by the Company of its covenants under the securities purchase agreement or any other agreement entered into in connection with the securities purchase agreement, or a breach of any of representations or warranties under the note, or (iii) the bankruptcy of the Company. The note also contains a cross-default provision, whereby a default by the Company of any covenant or other term or condition contained in any of the other financial instrument issued by the Company to Leonite or any other third party after the passage all applicable notice and cure or grace periods that results in a material adverse effect shall, at Leonite’s option, be considered a default under the note, in which event Leonite shall be entitled to apply all rights and remedies under the terms of the note. Under the note, Leonite has the right at any time at its option to convert all or any part of the outstanding and unpaid principal amount and accrued and unpaid interest of the note into fully paid and non-assessable shares of common stock of the Company. The number of shares of common stock to be issued upon each conversion of the note shall be determined by dividing the conversion amount by the applicable conversion price then in effect. The conversion amount is the sum of: (i) the principal amount of the note to be converted plus (ii) at Leonite’s option, accrued and unpaid interest, plus (iii) at Leonite’s option, Default Interest, if any, plus (iv) Leonite’s expenses relating to a conversion, plus (v) at Leonite’s option, any amounts owed to Leonite. The conversion price shall be $0.09 per share (subject to adjustment as further described in the note for common share distributions and splits, certain fundamental transactions, and anti-dilution adjustments), provided that at any time after any event of default under the note, the conversion price shall immediately be equal to the lesser of (i) the fixed conversion price ($0.09); (ii) 60% of the lowest bid price during the 21 consecutive trading day period immediately preceding the trading that the Company receives a Notice of Conversion or (iii) the discount to market based on subsequent financing. Notwithstanding the foregoing, in no event shall Leonite be entitled to convert any portion of the note in excess of that portion of the note upon conversion of which the sum of (1) the number of shares of common stock beneficially owned by Leonite and its affiliates (other than shares of common stock which may be deemed beneficially owned through the ownership of the unconverted portion of the note or the unexercised or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to the limitations contained in the note, and, if applicable, net of any shares that may be deemed to be owned by any person not affiliated with Leonite who has purchased a portion of the note from Leonite) and (2) the number of shares of common stock issuable upon the conversion of the portion of the note with respect to which the determination of this proviso is being made, would result in beneficial ownership by Leonite and its affiliates of more than 4.99% of the outstanding shares of common stock of the Company. Such limitations on conversion may be waived (up to a maximum of 9.99%) by Leonite upon, at its election, not less than 61 days’ prior notice to the Company, and the provisions of the conversion limitation shall continue to apply until such 61st day (or such later date, as determined by Leonite, as may be specified in such notice of waiver). This note shall give Leonite a senior secured obligation of the Company, with first priority over all current and future indebtedness of the Company and any subsidiary. Calculation of Beneficial Conversion Feature As of December 31, 2020, The Company allocated $509,037 as the proceeds from Leonite; $467,500 principal and $41,537 original issue discount. The Company allocated $123,390 to shares of common stock and $242,100 to warrants calculated using the Black-Scholes model. The effective rate resulted in a beneficial conversion feature greater than the proceeds. Allocated proceeds of Convertible Promissory Note $ 509,037 Conversion Price $ 0.09 Number of shares of common stock that would be issued upon conversion of Convertible Promissory Note 5,655,967 Conversion price $ 0.098 FMV of common stock $ 0.263 Per Share Intrinsic Value of Beneficial Conversion Feature $ 0.165 Calculated Beneficial Conversion Feature $ 933,646 In accordance with ASC 470-20-30 |
Shareholders' Equity (Deficit)
Shareholders' Equity (Deficit) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Equity [Abstract] | ||
Shareholders' Equity (Deficit) | 6. Shareholders’ Equity (Deficit) During the three month ended March 31, 2021 the Company issued a total of 30,048,199 common shares relating to the Reg-A public offering. Of the shares issued 312,000 common shares valued at $31,200 were from share subscription payable and 15,000 common shares were cancelled and refunded valued at $1,500. The Company incurred share issuance cost of $59,160. During the same period 14,660,450 Reg-A public offering warrants were exercised for 14,660,450 common shares. As of March 31, 2021 14,559,800 common shares were issued valued at $2,919,975. Subsequent to March 31, 2021 the remaining 60,650 common shares valued at $12,130 were issued. During the three month period ended March 31, 2021 the Company raised $3,081,981 through private placement offerings for 30,819,800 common shares and warrants. As of March 31, 2021, the Company issued 30,499,800 shares of common stock. As of March 31, 2021, the Company has 320,000 common shares of to be issued. Subsequent to the period ended the Company issued the remaining 320,000 common shares. During the three month ended March 31, 2021 the Company entered into consulting agreements with third party consultants for 7,400,000 shares of common stock valued at $1,522,000 for prepaid consulting services. As of March 31, 2021 the Company recorded $111,222 in share subscriptions payable. During the three month ended March 31, 2021 the Company issued 3,321,154 common shares valued at $269,910 for consulting services, $241,559 were issued from share subscriptions payable. During the same period the Company issued 3,000,000 common shares valued at $300,000 for consulting services. During the three month ended March 31, 2021 the Company issued entered into a settlement agreement with a loan holder to issue 1,240,111 common shares for all outstanding loan principal and interest valued at $111,610. Refer to note 11. Subsequent to the three month ended March 31, 2021 the 1,240,111 common shares were issued. During the three month ended March 31, 2021 the Company entered into a settlement agreement with the convertible promissory note holder to settle all outstanding principal and interest. The Company issued 4,092,431 common shares valued at $368,320. During the same period the convertible promissory note holder exercised 790,243 warrants on a cashless basis for 790,243 common shares. Refer to note 5 and 14. During the three month ended March 31, 2020 the Company entered into a share subscription agreement with a consultant of the Company for 4,000,000 common shares valued at $125,000 for prepaid consulting services. As of March 31, 2020, the Company has expensed $31,250 from prepaid expenses. During the three month ended March 31, 2020, the Company issued 4,458,333 common shares from shares subscription payable with a combined value of $511,000. 4,000,000 of the common shares issued from subscription payable valued at $456,000 relates to the anti-dilution feature triggered on March 5, 2019 as noted below. During the three month ended March 31, 2020 the Company entered into a settlement to fulfill a debt purchase agreement entered in 2017 for 4,100,000 shares valued at $856,080. As of March 31, 2020, the Company has issued 2,190,959 shares from share subscriptions payable valued at $457,472. During the three month ended March 31, 2020 the Company issued 450,000 shares in connection with the issuance of convertible promissory note (refer to note 5) at $0.27 per share. As of March 31, 2021, the Company was authorized to issue 299,000,000 shares of its common stock with a par value of $0.0001. All shares were ranked equally with regards to the Company’s residual assets. During 2021, the Company was authorized to issue 1,100,000 shares of its Series A and Series B Preferred Stock with a par value of $0.0001. Series A preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | 9. Shareholders’ Equity (Deficit) During the year ended December 31, 2020 the Company issued 2,413,022 shares of common stock at $0.07 per share for $168,910 for consulting services. During the year ended December 31, 2020 the Company entered into a share subscription agreement with a consultant of the Company for 4,000,000 shares of common stock valued at $125,000 for prepaid consulting services. The Company also entered into two prepaid advertising services agreement for 1,333,333 and 240,000 shares of common stock at $0.09 and 0.07 per share for $120,000 and $16,800 respectively. As of December 31, 2020, the Company has expensed $215,164 from prepaid expenses. As of December 31, 2020, the Company issued 3,723,333 shares of common stock from share subscriptions payable for services render. Subsequent to year ended December 31, 2020 the Company issued the remaining 1,850,000 shares of common stock valued at $67,188. During the year ended December 31, 2020 the Company entered into a share subscription agreement with a consultant of the Company for 1,246,154 shares of common stock valued at $162,000 for prepaid consulting services. As of December 31, 2020, no shares have been issued. As of December 31, 2020, the Company has expensed $18,900 from prepaid expenses. Subsequent to year ended December 31, 2020 the Company issued 1,246,154 shares of common stock. During the year ended December 31, 2020 the Company entered into an advertising service agreement to issue 225,000 shares of common stock and warrants. The warrants are convertible at a ratio of 1:1 and are exercisable until December 31, 2021 at $0.20 per warrant. The shares valued at $21,747 have been included in share subscriptions payable. The warrants valued at $16,503 have been included in additional paid-in capital. Subsequent to year ended December 31, 2020 the Company issued 225,000 shares of common stock. During the year ended December 31, 2020, the Company entered into a share subscription agreement with a consultant of the Company for 4,000,000 shares of common stock valued at $250,000. During the year ended December 31, 2020, the Company issued 11,337,479 shares of common stock from shares of subscription payable with a combined value of $1,123,147. 5,686,978 of the shares of common stock issued from subscription payable valued at $648,147 relates to the anti-dilution feature triggered on March 5, 2019 as noted below. During the year ended December 31, 2020 the Company entered into a settlement to fulfill a debt purchase agreement entered in 2017 for 4,100,000 shares valued at $856,080. As of December 31, 2020, the Company has issued 4,100,000 shares from share subscriptions payable. During the year ended December 31, 2020 the Company initiated a Reg-A public offering at $0.10 per share and warrant. As of December 31, 2020, the Company raised $1,017,617 incurring share issuance cost of $55,004. As of December 31, 2020, the Company issued 9,961,301 shares of common stock valued at $996,301. As of December 31, 2020, the Company has 327,000 shares of common stock valued at $32,701 to be issued. Refer to note 25 for subsequent issuance. During the year ended December 31, 2020 the issued 100,000 warrants for services valued at $12,600. Refer to note 22. During the year ended December 31, 2020, the Company reached a legal settlement agreement with an investor. In accordance with the settlement agreement, 4,166,667 post-stock split (25,000,000 pre-stock split), reserved shares were released and returned to the Company valued at $325,000. During the year ended December 31, 2020, the Company issued 2,520,434 shares of common stock pursuant to the conversion of the convertible promissory note (Note 8) with a value of $226,839. During the year ended December 31, 2020 the Company issued 450,000 shares in connection with the issuance of convertible promissory note (Note 8) at $0.27 per share. During the year ended December 31, 2020, Steven Rossi (the Company’s CEO) was issued 1,000 Series A Preferred Shares at $0.09 per share equal to 299,000 shares of common stock voting rights for services rendered. During the year ended December 31, 2019, the Company issued 1,901,455 shares of common stock, previously recorded as subscription payable to a consultant with a value of $290,730. In addition, the Company also issued to the same consultant 2,778,629 shares of common stock at $0.02 per share for $55,573 for additional consulting serviced performed. During the same period, the Company entered into a share subscription agreement with a consultant of the Company for 1,500,000 shares of common stock valued at $30,000. As the shares have not yet been issued, the $30,000 has been recorded as share subscriptions payable. During year ended December 31, 2019, the Company reached a legal settlement agreement (the ‘unwinding’ During the year ended December 31, 2019, Steven Rossi was issued 13,583,397 shares of Franchise Holdings International, Inc common stock as approved by the Board of Directors, due to a conversion of all 1,000,000 shares of his Series A Preferred stock. During the year ended December 31, 2019, the Company completed a share consolidation of the Company’s issued and outstanding shares of common stock based on six (6) pre-consolidation shares to one (1) post-consolidation share. The consolidation reduced the number of issued and outstanding shares of common stock of the Company from 147,804,298 pre-consolidation shares of common stock to approximately 24,634,051 post-consolidation shares of common stock. While the share consolidation occurred during the year ended December 31, 2019, the Company has accounted for the effects retrospectively as such, the schedules and all references to shares, options and warrants throughout the financial statements have been updated to reflect the number of post-consolidation securities. On March 5, 2019 immediately following the share consolidation the anti-dilution feature under the Investment and Co-operation agreement dated November 1, 2017 came into effect. As part of the anti-dilution feature the Company is obligated to issue an additional 8,465,608 shares at $0.11 per share for a total of $965,079. The Company recognized a non-cash deemed dividend of $965,079 to retain earnings and share subscriptions payable (Note 23). For the year ended December 31, 2020 and 2019, the Company was authorized to issue 299,000,000 shares of its common stock with a par value of $0.0001. All shares were ranked equally with regards to the Company’s residual assets. During 2020 and 2019, the Company was authorized to issue 1,100,000 shares of its Series A and Series B Preferred Stock with a par value of $0.0001. Series A Preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B Preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. |
Related Party Transactions
Related Party Transactions | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Related Party Transactions [Abstract] | ||
Related Party Transactions | 7. Related Party Transactions During the three month ended March 31, 2021, the Company recorded salaries expense of $49,783 (2020 - $16,126) related to services rendered to the Company by its CEO. During the three month ended March 31, 2021 the Company repaid $19,453 to the Company’s CEO and director. During the three months ended March 31, 2020 the Company’s CEO and director paid on behalf of the Company’s lease payments of $7,317. During the three month ended March 31, 2021 the Company paid a director of the Company $50,000 for services rendered from 2015 to 2020. During the three month ended March 31, 2021, the Company paid $53,403 to a U.S.-based corporation which the Company’s CEO and director is also a stockholder. | 10. Related Party Transactions During the year ended December 31, 2020, the Company repaid $5,245 to the Company’s CEO and director. As of December 31, 2020, the Company has $23,393 in related party loan. During the year ended December 31, 2020, the Company recorded salaries expense of $64,903 (2019–$65,589) related to services rendered to the Company by its CEO. During the year ended December 31, 2019, the Company incurred $112,665 payable to a U.S.-based corporation with whom the Company’s CEO and director is also a shareholder. The corporation is to help facilitate the purchase of inventory for the Company. |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | 11. Income Taxes a) The income tax expense for the year ended December 31, 2020 and 2019 is reconciled per the schedule below: 2020 2019 Net loss before income taxes $ (1,187,620 ) $ (359,034 ) Depreciation 26,962 (10,956 ) Non-deductible portion of meals and entertainment 586 1,115 Expenses paid in shares 415,666 - Interest on lease liability 5,039 - Lease payments (31,292 ) - Gain on impairment - 54,292 Gain Settlement of Debt (184,868 ) (250,778 ) Adjusted net loss for tax purposes (955,527 ) (565,362 ) Statutory rate 25.60 % 24.63 % (244,658 ) (139,248 ) Increase in valuation allowance 244,658 139,248 Provision for income taxes $ - $ - b) Deferred Income Tax Assets The tax effects of temporary differences that give rise to the deferred income tax assets at December 31, 2020 and 2019 are as follows: 2020 2019 Net operating loss carry forwards $ 1,365,333 $ 1,113,488 Transaction costs - - 1,365,333 1,113,488 Deferred tax assets not recognized (1,365,333 ) (1,113,488 ) Net deferred tax asset $ - $ - c) Cumulative Net Operating Losses The Company has non-capital losses carried forward of approximately $5,897,000 available to reduce future years’ taxable income. These losses will expire as follows: United States Canada Total 2034 $ 53,000 $ 183,000 $ 236,000 2035 161,000 368,000 529,000 2036 868,000 262,000 1,130,000 2037 1,472,000 59,000 1,531,000 2038 431,000 520,000 951,000 2039 372,000 193,000 565,000 2040 237,000 718,000 955,000 $ 3,594,000 $ 2,303,000 $ 5,897,000 These net operating loss carryforwards of approximately $5,897,000 may be offset against future taxable income for the years 2021 through 2040. No tax benefit from continuing or discontinued operations have been reported in the December 31, 2020 consolidated financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Due to change in ownership provisions of the Tax Reform Act of 1986, net operation loss carryforwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. The Company complies with the provisions of FASB ASC 740 in accounting for its uncertain tax positions. ASC 740 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely that not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company has determined that the Company has no significant uncertain tax positions requiring recognition under ASC 740. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company had no accruals for interest and tax penalties at December 31, 2020 and 2019. The Company does not expect the amount of unrecognized tax benefits to materially change within the next 12 months. The Company is required to file income tax returns in the U.S. and Canadian federal jurisdictions, as well as the states of New York, New Jersey, and Utah and in the province of Ontario. The Company is no longer subject to income tax examinations by tax authorities for tax years ending before December 31, 2017. |
Financial Instruments
Financial Instruments | 12 Months Ended |
Dec. 31, 2020 | |
Investments, All Other Investments [Abstract] | |
Financial Instruments | 12. Financial Instruments Credit Risk The Company is exposed to credit risk on the accounts receivable from its customers. In order to reduce its credit risk, the Company has adopted credit policies which include the analysis of the financial position of its customers and the regular review of their credit balances. The Company incurred no bad debt expense during the year ended December 31, 2020 and 2019. Currency Risk The Company is exposed to currency risk on its sales and purchases denominated in Canadian dollars. The Company actively manages these risks by adjusting its pricing to reflect currency fluctuations and purchasing foreign currency at advantageous rates. Liquidity Risk Liquidity risk is the risk that the Company will not be able to meet its obligations associated with financial liabilities. The Company relies on cash flows generated from operations, as well as injections of capital through the issuance of the Company’s capital stock to settle its liabilities when they become due. Interest Rate Risk The Company is not exposed to significant interest rate risk due to the short-term maturity of its monetary current assets and current liabilities. Concentration of Supplier Risk The Company purchases all of its inventory from one supplier source in Asia. The Company carries significant strategic inventories of these materials to reduce the risk associated with this concentration of suppliers. Strategic inventories are managed based on demand. To date, the Company has been able to obtain adequate supplies of the materials used in the production of its products in a timely manner from existing sources. The loss of this key supplier or a delay in shipments could have an adverse effect on its business. Concentration of Customer Risk The following table includes the percentage of the Company’s sales to significant customers for the fiscal years ended December 31, 2020 and 2019. A customer is considered to be significant if they account for greater than 10% of the Company’s annual sales: 2020 2019 Customer A - % 89 % Customer B 51 % - % Customer C 26 % 3 % 77 % 92 % The loss of any of these key customers could have an adverse effect on the Company’s business. At December 31, 2020 customer A represented 0% of the Company’s revenue compare to 89% or $1,912,401 of Company revenue in 2019. Customer B represented 51% of the Company’s revenue at $190,313. Customer C represented 26% or $97,514 of the Company’s revenue compare to 2019 of 3% or $67,018. |
Changes in Cash Flows from Oper
Changes in Cash Flows from Operating Assets and Liabilities | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Changes in Cash Flows from Operating Assets and Liabilities | 8. Changes in Cash Flows from Operating Assets and Liabilities The changes to the Company’s operating assets and liabilities for the three months ended March 31, 2021 and 2020 are as follows: 2021 2020 Decrease (increase) in accounts receivable $ 106,349 $ (24,279 ) Decrease (increase) in other receivable 135,307 1,391 Decrease (increase) in inventory and prepaid inventory (252,529 ) 17,441 Decrease (increase) in prepaid expenses and deposits (64,594 ) 8,281 Increase (decrease) in lease liability 850 (7,725 ) Increase (decrease) in payroll taxes payable 2,970 - Increase (decrease) in accounts payable and accrued liabilities (4,862 ) (44,567 ) $ (76,510 ) $ (49,458 ) | 13. Changes in Cash Flows from Operating Assets and Liabilities The changes to the Company’s operating assets and liabilities for the years ended December 31, 2020 and 2019 are as follows: 2020 2019 Decrease (increase) in accounts receivable $ (119,813 ) $ 48,908 Decrease (increase) in other receivable (121,396 ) (54,821 ) Decrease (increase) in inventory 72,353 122,067 Decrease (increase) in prepaid expenses and deposits 43,201 63,373 Increase (decrease) in lease liability (27,718 ) (8,392 ) Increase (decrease) in income taxes payable 11,372 (45,521 ) Increase (decrease) in accounts payable and accrued liabilities (59,284 ) 405,214 $ 201,284 $ 539,220 |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Commitments and Contingencies Disclosure [Abstract] | ||
Commitments and Contingencies | 9. Commitments and contingencies During the three month ended March 31, 2021 the Company entered into an amended agreement to reserve an additional 150,000 common shares at $0.0001 per share for consulting services. During the year ended December 31, 2020 the Company entered into an agreement with a third-party advisor to reserve for issuance 100,000 common shares at $0.0001 per share for consulting services. As of March 31, 2021, the third party has not exercised the shares. As of March 31, 2021 the Company has reserved 250,000 commons shares. During the year ended December 31, 2020 the Company (defendant) is currently in an ongoing legal proceeding with a promissory notes payable holder (plaintiff). As of March 31, 2021, the outcome of the legal proceeding is uncertain. During the year ended December 31, 2020, the Company reached a legal settlement with a supplier in which the Company is obligated to pay $6,037 per month beginning on March 1, 2020 for four months until the settlement amount of $24,148 has been fully paid on June 1, 2020. As of December 31, 2020, the Company has completed all payments. | 14. Commitments During the year ended December 31, 2020 the Company entered into an agreement with a third party advisor to reserve for issuance 100,000 shares of common stock at $0.0001 per share for consulting services. As of December 31, 2020, the third party has not exercised the shares. Refer note 25 for subsequent event. |
Gain (Loss) on Settlement of De
Gain (Loss) on Settlement of Debt | 12 Months Ended |
Dec. 31, 2020 | |
Investments, All Other Investments [Abstract] | |
Gain (Loss) on Settlement of Debt | 15. Gain (Loss) on Settlement of Debt During the year ended December 31, 2020 a convertible promissory note was converted into 2,520,434 shares of common stock at $0.09 per share for $226,839. The original value of the convertible promissory note converted was $182,565 as a result of the conversion the Company recognized a loss of $44,274 on settlement of debt. During the year ended December 31, 2020, the Company reached a legal settlement agreement with an investor. In accordance with the settlement agreement, 4,166,667 post-stock split (25,000,000 pre-stock split), reserved shares were released and returned to the Company. This transaction resulted in a gain on debt settlement of $229,142. During year ended December 31, 2019, the Company reached a legal settlement agreement (the ‘unwinding’ |
Contingent Liability
Contingent Liability | 12 Months Ended |
Dec. 31, 2020 | |
Commitments and Contingencies Disclosure [Abstract] | |
Contingent Liability | 16. Contingent Liability During the year ended December 31, 2020 the Company (defendant) is currently in an ongoing legal proceeding with a promissory notes payable holder (plaintiff). As of December 31, 2020, the outcome of the legal proceeding is uncertain. During the year ended December 31, 2020, the Company reached a legal settlement with a supplier in which the Company is obligated to pay $6,037 per month beginning on March 1, 2020 for four months until the settlement amount of $24,148 has been fully paid on June 1, 2020. As of December 31, 2020, the Company has completed all payments. During the year ended December 31, 2019 the Company entered into an agreement with a debtor for the settlement of outstanding notes payable of $56,723 ($75,000 CAD). The Company will issue to the debtor 1,500,000 shares of common stock for the settlement of the outstanding notes payable upon listing on the Canadian Securities Exchange. The agreement was subsequently cancelled after year end. |
Reverse Stock Split
Reverse Stock Split | 12 Months Ended |
Dec. 31, 2020 | |
Stockholders' Equity Note [Abstract] | |
Reverse Stock Split | 17. Reverse Stock Split On March 8, 2019, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of one-for-six for the purpose of increasing the per share price for the Company’s stock in an effort to meet the minimum listing requirements of the Canadian Stock Exchange ( ‘CSE’ |
Investment
Investment | 12 Months Ended |
Dec. 31, 2020 | |
Investments, All Other Investments [Abstract] | |
Investment | 18. Investment During the year ended December 31, 2019, the Company entered into an agreement to purchase 10,000,000 shares for $50,000. The shares have been issued to the Company. The Company’s investment accounts for a 10% equity stake in a privately owned U.S.-based mobile phone development company. As of December 31, 2020, the Company had advanced a total of $15,658 and is advancing trenches of capital as required by the Company. |
Lease Liabilities
Lease Liabilities | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Leases [Abstract] | ||
Lease Liabilities | 10. Lease Liabilities During the year ended December 31, 2019, the Company signed a lease agreement for warehouse space to commence on August 1, 2019 and end on July 31, 2022 with monthly lease payments of $2,221. The Company has accounted for its leases upon adoption of ASC 842 whereby it recognizes a lease liability and a right-of-use asset at the date of initial application, beginning January 1, 2019. The lease liability is measured at the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 10%. The Company has measured the right-of-use asset at an amount equal to the lease liability. The Company’s right-of-use asset for the three month ended March 31, 2021 as follows: 2021 Right-of-use asset $ 32,757 Current lease liability $ 24,485 Long-term lease liability $ 8,272 The components of lease expense are as follows: March 31, 2021 March 31, 2020 Amortization of right-of-use $ 5,749 $ 22,164 Interest on lease liability $ 915 $ 4,494 Total lease cost $ 6,664 $ 26,658 Maturities of lease liability are as follows: Future minimum lease payments as of March 31, 2021, 2021 19.994 2022 15,551 Total future minimum lease payments 35.545 Less: amount representing interest (2.787 ) Present value of future payments 32,758 Current portion 24,485 Long term portion $ 8,272 | 19. Lease Liabilities During the year ended December 31, 2019, the Company signed a lease agreement for warehouse space to commence on August 1, 2019 and end on July 31, 2022 with monthly lease payments of $2,221. The Company has accounted for its leases upon adoption of ASC 842 whereby it recognizes a lease liability and a right-of-use asset at the date of initial application, beginning January 1, 2019. The lease liability is measured at the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 10%. The Company has measured the right-of-use asset at an amount equal to the lease liability. The Company’s right-of-use asset for the year ended December 31, 2020 is as follows: 2020 Right-of-use asset $ 38,506 Current lease liability $ 23,883 Long-term lease liability $ 14,624 The components of lease expense are as follows: December 31, 2020 December 31, 2019 Amortization of right-of-use $ 21,619 11,107 Interest on lease liability $ 5,039 2,716 Total lease cost $ 26,658 13,823 Maturities of lease liability are as follows: Future minimum lease payments as of December 31, 2020, 2021 26,658 2022 15,551 Total future minimum lease payments 42,209 Less: amount representing interest (3,702 ) Present value of future payments 38,507 Current portion 23,883 Long term portion $ 14,624 |
Loan Payable
Loan Payable | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Loan Payable | 11. Loan payable During the year ended December 31, 2020 the Company received loans of $32,439, $10,000 and $108,000 from a unrelated third party with an interest rate of 10% per annum with a maturity date of December 31, July 22 and August 31, 2021, respectively. During the three months ended March 31, 2021 the Company agreed to repay the outstanding principal and interest through the issuance of 1,240,111 common shares at $0.09 per share. As of March 31, 2021, the Company accrued interest of $1,319 (2020 - $0). As of the date of the settlement agreement the Company had $150,439 principal and $7,336 interest outstanding, resulting in the Company recognizing a gain on settlement of $46,176 for the three month period ended March 31, 2021. The 1,240,111 common shares were issued subsequent to period end. During the year ended December 31, 2020 the Company received $28,387 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. As of March 31, 2021 loan payable outstanding is $28,387 ($40,000 CDN). | 20. Loan Payable During the year ended December 31, 2020, the Company received a loan of $32,439, $10,000 and $108,000 from a unrelated third party with an interest rate of 10% per annum with a maturity date of December 31, July 22 and August 31, 2021 respectively. Subsequent to the year ended December 31, 2020 the Company agreed to repay the outstanding principal and interest through the issuance of 1,850,000 shares of common stock at $0.09 per share. During the year ended December 31, 2020, the Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25%. As of December 31, 2020, the Company accrued interest of $6,018. |
Government Assistance
Government Assistance | 3 Months Ended |
Mar. 31, 2021 | |
Government Assistance | |
Government Assistance | 12. Government Assistance The government of Canada is currently providing funding through the Canada Emergency Wage Subsidy (“CEWS”) program in order to provide financial relief to Canadian businesses affected by COVID-19. The CEWS program provides a reimbursement of salaries for eligible employers based on the decrease in revenues. During the three month ended March 31, 2021, the Company recognized CEWS of $21,704 ($27,534 CDN) as a reduction in general and administrative on the condensed consolidated statements of Operations. |
Loss per Share
Loss per Share | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Earnings Per Share [Abstract] | ||
Loss per Share | 13. Loss per Share For the three months ended March 31, 2021, loss per Share is $(0.01) (basic and diluted) compared to the three months ended March 31, 2020, of $0.00 (basic and diluted) using the weighted average number of shares of 103,101,944 (basic and diluted) and 43,129,884 (basic and diluted) respectively. There are 299,000,000 shares authorized, 162,763,986 and 49,006,583 shares issued and outstanding, as at March 31, 2021 and 2020 respectively. As of March 31, 2021, the Company has 12,304,095 shares to be issued. The computation of loss per share is based on the weighted average number of shares outstanding during the period in accordance with ASC Topic No. 260, “Earnings Per Share”. Shares underlying the Company’s outstanding warrants and convertible promissory notes were excluded due to the anti-dilutive effect they would have on the computation. As at March 31, 2021 the Company has 57,683,607 warrants convertible to 57,683,607 common shares for a total underlying common shares of 57,683,607. At March 31, 2020 the Company has 900,000 warrants convertible to 900,000 common shares and convertible promissory note convertible to 2,207,946 common shares for a total underlying common shares of 3,107,946. | 21. Loss per Share For the year ended December 31, 2020, Loss per Share is $(0.02) (basic and diluted) compared to the year ended December 31, 2019 of $0.01 (basic and diluted) using the weighted average number of shares of 54,690,611 (basic and diluted) and 36,824,519 (basic and diluted) respectively. There are 299,000,000 shares authorized, 76,412,359 and 41,906,790 shares issued and outstanding, as at December 31, 2020 and 2019 respectively. As of December 31, 2020, the Company has 6,831,489 shares to be issued. The computation of loss per share is based on the weighted average number of shares outstanding during the period in accordance with ASC Topic No. 260, ‘Earnings Per Share.’ |
Warrants
Warrants | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Warrants and Rights Note Disclosure [Abstract] | ||
Warrants | 14. Warrants During the three months ended March 31, 2021 a total of 15,450,693 warrants were exercised for 15,450,693 common shares. 14,660,450 warrants were exercised at $0.20 per share, the remaining 790,243 warrants were exercised on a cashless basis, refer to note 5. As of March 31, 2021 15,390,043 common shares were issued with the remaining 60,650 common shares issued subsequent to the period ended. During the three months ended March 31, 2021 the Company issued 30,048,199 and 30,499,800 warrants convertible to 1 and 2 common shares each exercisable for a period of 12 and 18 months respectively. The warrants were issued in connection with the Reg-A public offering and private placement offering respectively. The exercise price of the warrants is $0.20 per share. During the three month ended March 31, 2021 the Company and warrant holder reached an agreement to amend a previous warrant agreement. The Company will issue an additional 150,000 warrants for a total of 250,000 warrants. The exercisable period of the warrants was also amended to a period of five years beginning on January 14, 2021. The warrants are convertible to 1 common share each exercisable at $2 per share. As of March 31, 2021 the Company has the following warrants outstanding: Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 0.20 225,000 0.67 December 1, 2021 $ 0.20 25,349,050 0.80 February 24, 2022 $ 2.00 250,000 1.33 April 29, 2022 $ 0.10 109,757 3.91 February 25, 2025 $ 0.12 1,250,000 3.97 March 20, 2025 $ 0.20 30,499,800 1.50 October 1, 2022 57,683,607 2.03 March 31, 2021 December 31, 2020 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 12,436,301 $ 0.20 - $ - Issuance 60,697,999 $ 0.21 12,436,301 $ 0.20 Exercise (15,450,693 ) $ (0.19 ) - $ - Balance, end of period 57,683,607 $ 0.22 12,436,301 $ 0.20 | 22. Warrants During the year ended December 31, 2020 the Company issued 900,000 warrants convertible to one common share each with an exercise period of 5 years. The exercise price of the warrants is $0.10 per share (subject to adjustment) and may be exercised on a cashless basis, refer to note 8. Refer to notes 25 for subsequent exercise of 790,243 warrants. The fair value of the warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 1.16 % Expected volatility 255 % Expected life (years) 5 Exercise price $ 0.10 Stock price $ 0.27 During the year ended December 31, 2020, the Company issued 1,250,000 and 100,000 warrants convertible to one common share each exercisable until March 30, 2025 and April 29, 2022 respectively. The warrants were issued in connection with a subscriptions payable and advisory agreement. The exercise price of the warrants are $0.12 and $2.00 per share. Refer to note 25 for subsequent issuance of an additional 150,000 warrant. The fair value of the 1,250,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.025 % Expected volatility 249 % Expected life (years) 5 Exercise price $ 0.12 Stock price $ 0.06 The fair value of the 100,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 2.27 % Expected volatility 297 % Expected life (years) 3 Exercise price $ 2 Stock price $ 0.13 During the year ended December 31, 2020 the Company issued 225,000 warrants in connection to a advertising agreement and 9,961,301 warrants related to the Reg-A public offering. The warrants are convertible at a rate of 1:1 common share, exercisable until December 1 and 22, 2021 respectively. The exercise price of the warrants are $0.20 per share. The fair value of the 225,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.12 % Expected volatility 244 % Expected life (years) 1 Exercise price $ 0.20 Stock price $ 0.17 The fair value of the 9,961,301 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.09 % Expected volatility 239 % Expected life (years) 1 Exercise price $ 0.20 Stock price $ 0.13 Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 0.20 225,000 0.92 December 1, 2021 $ 0.20 9,961,301 0.98 December 22, 2021 $ 2.00 100,000 1.33 April 29, 2022 $ 0.10 900,000 4.16 February 25, 2025 $ 0.12 1,250,000 4.22 March 20, 2025 12,436,301 2.32 December 31, 2020 December 31, 2019 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year - $ - - $ - Issuance 12,436,301 $ 0.52 - $ - Balance, end of period 12,436,301 $ 0.52 - $ - |
Revision of Prior Period Financ
Revision of Prior Period Financial Statements | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Accounting Changes and Error Corrections [Abstract] | ||
Revision of Prior Period Financial Statements | 15. Revision of Prior Period Financial Statements During the audit for the year ended December 31, 2020 an error was discovered relating to share issuances resulting from an anti-dilution agreement. The share issuances for the three months ended March 31, 2020 were 2,000,000 and 458,834 common shares respectively. The anti-dilution agreement relating to a 2017 share subscription payable agreement was triggered in March 2019 upon the Company’s stock split. We revised certain prior period financial statements for an immaterial error related to the recognition of the deemed dividend related to down-round features along with the associated shares issuance and professional fees (note 1). A summary of revisions to our previously reported financial statements presented herein for comparative purposes. The cumulative effect of the adjustments on all prior periods to Shareholders’ Equity as of March 31, 2020 reflected below: Common Stock Additional Paid-in Capital Share Subscriptions Receivable Share Subscription Payable Accumulated Deficit Cumulative translation adjustment Total Stockholders’ Equity (Deficit) Shares Amount Balance at March 31, 2020 46,547,749 $ 4,655 $ 9,060,739 $ (1,577 ) $ 1,178,608 $ (10,961,172 ) $ (8,580 ) $ (727,327 ) Revision 2,458,834 $ 246 $ 731,946 - $ 137,315 $ (869,507 ) - - Balance at March 31, 2020, as revised 49,006,583 $ 4,901 $ 9,792,685 $ (1,577 ) $ 1,315,923 $ (11,830,679 ) $ (8,580 ) $ (727,327 ) The Condensed Consolidated Statements of Operations has been revised to reflect the correction for the three months ended March 31, 2020 as follows: For the Three Months Ended March 31, 2020 As previously reported Revision As Revised Professional Fees $ 149,465 $ (40,000 ) $ 109,465 Total Operating Expenses $ 178,471 $ (40,000 ) $ 138,471 Loss from Operations $ (164,455 ) $ 40,000 $ (124,455 ) Net Loss $ (192,266 ) $ 40,000 $ (152,266 ) Comprehensive Loss $ (192,266 ) $ 40,000 $ (152,266 ) Loss per Share – Basic and Diluted $ (0.00 ) - $ (0.00 ) | 23. Revision of Prior Period Financial Statements During the audit for the year ended December 31, 2020 an error was discovered relating to share issuances resulting from an anti-dilution agreement. The share issuances for the three months ended March 31, 2020 were 2,000,000 and 458,834 shares of common stock respectively. The anti-dilution agreement relating to a 2017 share subscription payable agreement was triggered in March 2019 upon the Company’s stock split. Please refer to note 9. We revised certain prior period financial statements for an immaterial error related to the recognition of the deemed dividend related to down-round features along with the associated shares issuance and professional fees (Note 1). A summary of revisions to our previously reported financial statements presented herein for comparative purposes. The cumulative effect of the adjustments on all prior periods to Shareholders’ Equity as of June 30, 2019, September 30, 2019, December 30, 2019 and March 31, 2020 reflected below: Common Stock Additional Paid-in Capital Share Subscriptions Receivable Share Subscription Payable Accumulated Deficit Cumulative translation adjustment Total Stockholders’ Equity (Deficit) Shares Amount Balance at June 30, 2019 28,177,966 $ 2,817 $ 8,309,293 $ (1,577 ) $ 1,853,819 $ (10,482,521 ) $ (23,624 ) $ (341,792 ) Revision 12,719,566 $ 1,273 $ 182,509 - $ 781,298 $ (965,079 ) - - Balance at June 30, 2019, as revised 40,897,532 $ 4,090 $ 8,491,802 $ (1,577 ) $ 2,635,117 $ (11,447,600 ) $ (23,624 ) $ (341,792 ) Balance at September, 2019 38,506,721 $ 3,850 $ 8,230,982 $ (1,577 ) $ 1,606,097 $ (10,212,150 ) $ (46,116 ) $ (418,915 ) Revision 1,400,069 $ 141 $ 183,641 - $ 781,298 $ (965,079 ) - - Balance at September 30, 2019, as revised 39,906,790 $ 3,991 $ 8,414,623 $ (1,577 ) $ 2,387,395 $ (11,177,230 ) $ (46,116 ) $ (418,915 ) Balance at December 31, 2019 41,906,790 $ 4,191 $ 8,381,231 $ (1,577 ) $ 1,511,080 $ (10,768,906 ) $ (8,580 ) $ (882,561 ) Revision - - $ 261,192 - $ 648,315 $ (909,507 ) - - Balance at December 31, 2019, as revised 41,906,790 $ 4,191 $ 8,642,423 $ (1,577 ) $ 2,159,395 $ (11,678,413 ) $ (8,580 ) $ (882,561 ) - Balance at March 31, 2020 46,547,749 $ 4,655 $ 9,060,739 $ (1,577 ) $ 1,178,608 $ (10,961,172 ) $ (8,580 ) $ (727,327 ) Revision 2,458,834 $ 246 $ 731,946 - $ 137,315 $ (869,507 ) - - Balance at March 31, 2020, as revised 49,006,583 $ 4,901 $ 9,792,685 $ (1,577 ) $ 1,315,923 $ (11,830,679 ) $ (8,580 ) $ (727,327 ) The Consolidated Statements of Operations and Comprehensive Loss has been revised to reflect the correction for the year ended December 31, 2019 and three months ended March 31, 2020 as follows: For the Year Ended December 31, 2019 As previously reported Revision As Revised Professional Fees $ 570,852 $ (55,573 ) $ 515,279 Total Operating Expenses $ 831,971 $ (55,573 ) $ 776,398 Loss from Operations $ (593,424 ) $ (55,573 ) $ (537,851 ) Net Loss $ (414,607 ) $ (55,573 ) $ (359,034 ) Comprehensive Loss $ (419,574 ) $ (55,573 ) $ (364,001 ) Loss per Share–Basic and Diluted $ (0.01 ) - $ (0.01 ) For the Three Months Ended March 31, 2020 As previously reported Revision As Revised Professional Fees $ 149,465 $ (40,000 ) $ 109,465 Total Operating Expenses $ 178,471 $ (40,000 ) $ 138,471 Loss from Operations $ (164,455 ) $ 40,000 $ (124,455 ) Net Loss $ (192,266 ) $ 40,000 $ (152,266 ) Comprehensive Loss $ (192,266 ) $ 40,000 $ (152,266 ) Loss per Share–Basic and Diluted $ (0.00 ) - $ (0.00 ) |
COVID-19
COVID-19 | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Unusual or Infrequent Items, or Both [Abstract] | ||
COVID-19 | 16. COVID-19 The recent outbreak of the novel coronavirus, specifically identified as “COVID-19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. Additionally, while the potential economic impact brought by, and the duration of the COVID-19 pandemic is difficult to assess or predict, the impact of the COVID-19 pandemic on the global financial markets may reduce our ability to access capital, which could negatively impact our short-term and long-term liquidity. The ultimate impact of the COVID-19 pandemic is highly uncertain and subject to change. We do not yet know the full extent of potential delays or impacts on our business, financing or mining production activities or the ore and mining industry or the global economy as a whole. However, these effects could have a material impact on our liquidity, capital resources, operations and business and those of the third parties on which we rely. The management and board of the Company is constantly monitoring this situation to minimize potential losses. | 24. COVID-19 The recent outbreak of the novel coronavirus, specifically identified as ‘ COVID-19 Additionally, while the potential economic impact brought by, and the duration of the COVID-19 pandemic is difficult to assess or predict, the impact of the COVID-19 pandemic on the global financial markets may reduce our ability to access capital, which could negatively impact our short-term and long-term liquidity. The ultimate impact of the COVID-19 pandemic is highly uncertain and subject to change. We do not yet know the full extent of potential delays or impacts on our business, financing or mining production activities or the ore and mining industry or the global economy as a whole. However, these effects could have a material impact on our liquidity, capital resources, operations and business and those of the third parties on which we rely. The management and Board of the Company is constantly monitoring this situation to minimize potential losses. |
Subsequent Events
Subsequent Events | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Subsequent Events [Abstract] | ||
Subsequent Events | 17. Subsequent Events The Company has evaluated subsequent events through May 24, 2021 which is the date the financial statements were available to be issued and the following events after year end occurred: ● On April 1, 2021 26,000 warrants were exercised at $0.20 per warrant for 26,000 common shares. ● On April 4, 2021 the Company issued 67,000 common shares to an employee for services rendered to the Company. ● On April 14, 2021 the Company entered into a consulting agreement for a duration of 18 months for 1,500,000 common shares at $0.10 per share. ● On April 29, 2021 the Company issued 1,850,000 which will be returned and cancelled. ● On May 3, 2021 the Company sold an aggregate of 10,000,000 units to a private investor for $0.10 per unit, for a total purchase price of $1,000,000. Each unit consists of one share of Common Stock and one (1) warrant to purchase two (2) shares of Common Stock for $0.20 per Warrant Share from the date of issuance until November 3, 2022. ● On May 10, 2021, the Company issued an aggregate of 34,350,697 shares of Common Stock, to Steve Rossi, the Company’s Chief Executive Officer and Director, in connection with his Employment Agreement in consideration for Mr. Rossi agreeing to amend the Series A Certificate of Designation to eliminate the Series A Preferred Stock conversion rights. ● Refer to note 6 for additional subsequent event. | 25. Subsequent Events The Company has evaluated subsequent events through March 31, 2021 which is the date the financial statements were available to be issued and the following events after year end occurred: ● In January and February 2021 in connection with the Company’s Reg-A public offering the Company issued an additional 30,033,199 shares of common stock at $0.10 per share and warrants exercisable for a period of 12 months at $0.20 per warrant for one common share. ● On January 8, 2021 the Company issued 3,000,000 shares of common stock for consulting services valued at $0.10 per share. ● On January 14, 2021 the Company entered into an amended advisory agreement for the following: ○ $5,000 per month ○ Make available for the purchase of an additional 150,000 shares of common stock for a total of 250,000 shares of common stock at $0.0001 ○ Issuance of an additional 100,000 warrants for a total of 250,000 warrants exercisable for a period of five years at $0.20 per share. ● On January 15, 2021 the Company entered into a consulting service agreement for a duration of 18 months for 2,000,000 shares of common stock at $0.13 per share. ● During the month of February 2021, 12,284,800 warrants were exercised at $0.20 per warrant for 12,284,800 shares of common stock at a value of $2,455,960. ● On February 15, 2021 the Company signed an advertising and promotion agreement for a duration of three months at $10,000 per month for advertising and promotion services. ● On February 15, 2021 the Company entered into a service agreement with a consultant to develop and provide Sales CRM system to the Company for 5,000,000 shares of common stock at $0.23 per share. ● On March 3, 2021 the Company signed a consulting agreement with a third party to assist the Company in developing manufacturing processes of new products for 200,000 shares of common stock valued at $20,000. ● On March 12, 2021 the Company entered into a strategic advisory and digital marketing service agreement for a duration of 12 months for 200,000 shares of common stock. ● On March 19, 2021 the Company issued to Leonite 790,243 shares of common stock through the exercise of 790,243 of its 900,000 warrants on a cashless exercise. ● Subsequent to year ended the Company entered into private placement agreements issuing 11,368,800 shares of common stock and warrants at $0.10 per share with an exercise price of $0.20 per warrant for one shares of common stock over a period of 18 months. As of the date of this financial statement 9,060,000 shares of common stock have been issued. ● Refer to note 7, 8, 9 and 20 for additional subsequent events. |
Significant Accounting Polici_2
Significant Accounting Policies (Policies) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Accounting Policies [Abstract] | ||
Property and Equipment | Property and Equipment – ● Automobile 5 years | Property and Equipment– Furniture and equipment 5 years Computers 3 years Patents 25 years Leasehold improvements 15 years As at December 31, 2020, the Company does not take depreciation for the following items: product molds, trademarks and the website. |
Cash and Cash Equivalents | Cash and Cash Equivalents | |
Receivables | Receivables– The Company offers credit terms on the sale of the Company’s products to a significant majority of the Company’s customers and requires no collateral from these customers. The Company performs ongoing credit evaluations of customers’ financial condition and maintains an allowance for doubtful accounts receivable based upon the Company’s historical experience and a specific review or accounts receivable at the end of each period. As at December 31, 2020 and 2019, the Company had no allowance for doubtful accounts. | |
Inventory | Inventory– | |
Warranties | Warranties– | |
Revenue Recognition | Revenue Recognition– | |
Income Taxes | Income Taxes– Tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. | |
Foreign Currency Translation | Foreign Currency Translation– | |
Financial Instruments | Financial Instruments– Measurement– Financial assets measured at amortized cost include cash and cash equivalents, accounts receivable, related party receivable, other receivables and share subscriptions receivable. Financial liabilities measured at amortized cost include accounts payable and accrued liabilities, and promissory note payable. | |
Related Party Transactions | Related Party Transactions– | |
Intangible Assets and Impairment | Intangible Assets and Impairment– | |
Lease Accounting | Lease Accounting | |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ‘Debt–Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging–Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity.’ ‘EPS’ |
Significant Accounting Polici_3
Significant Accounting Policies (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Notes to Financial Statements | ||
Schedule of Estimated Useful Lives of Property and Equipment | Capital assets are recorded at cost and are amortized using the straight-line method over the following estimated useful lives: ● Automobile 5 years | Capital assets are recorded at cost and are amortized using the straight-line method over the following estimated useful lives: Furniture and equipment 5 years Computers 3 years Patents 25 years Leasehold improvements 15 years |
Inventory (Tables)
Inventory (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Inventory Disclosure [Abstract] | ||
Schedule of Inventory | Inventory consists of the following at March 31, 2021 and December 31, 2020: 2021 2020 Finished goods $ 107,143 $ 32,358 Promotional items 552 552 Raw materials 7,893 7,893 $ 115,587 $ 40,803 Prepaid inventory $ 177,745 $ - | Inventory consists of the following at December 31, 2020 and 2019: 2020 2019 Finished goods $ 32,358 $ 104,868 Promotional items 552 552 Raw materials 7,893 7,737 $ 40,803 $ 113,156 Prepaid inventory $ - $ 50,000 |
Property and Equipment (Tables)
Property and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Property, Plant and Equipment [Abstract] | |
Schedule of Property and Equipment | Major classes of property and equipment at December 31, 2020 and 2019 are as follows: 2020 Equipment Product molds Computers Leasehold Improvements Total Cost Balance–January 1, 2020 $ 10,047 $ 65,708 $ 1,162 $ 23,371 $ 102,288 Additions - - - - - Balance–December 31, 2020 $ 10,047 $ 65,708 $ 1,162 $ 23,371 $ 100,288 Accumulated Depreciation Balance–January 1, 2020 $ (3,785 ) $ - $ (1,162 ) $ (646 ) $ (5,593 ) Additions (1,626 ) - - (1,558 ) (3,184 ) Balance–December 31, 2020 $ (5,410 ) $ - $ (1,162 ) $ (2,204 ) $ (8,777 ) Net amount as at December 31, 2020 $ 4,636 $ 65,708 $ - $ 21,167 $ 91,511 2019 Equipment Product molds Computers Leasehold Improvements Total Cost Balance–January 1, 2019 $ 8,850 $ 37,243 $ 1,162 $ - $ 47,255 Additions 1,197 28,465 - 23,371 53,033 Balance–December 31, 2019 $ 10,047 $ 65,708 $ 1,162 $ 23,371 100,288 Accumulated Depreciation Balance–January 1, 2019 $ (2,254 ) $ - $ (1,141 ) $ - $ (3,395 ) Additions (1,531 ) - (21 ) (646 ) (2,198 ) Balance–December 31, 2019 $ (3,785 ) $ - $ (1,162 ) $ (646 ) $ (5,593 ) Net amount as at December 31, 2019 $ 6,262 $ 65,708 $ - $ 22,725 $ 94,695 |
Intangible Assets (Tables)
Intangible Assets (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of Change in Intangible Assets | The change in intangible assets for the years ending December 31, 2020 and 2019 are as follows: 2020 Patent Website Trademarks Total Cost Balance–January 1, 2020 $ 51,250 $ 3,500 $ 4,644 $ 59,394 Additions 7,456 - 506 7,962 Balance–December 31, 2020 $ 58,706 $ 3,500 $ 5,150 $ 67,356 Accumulated Depreciation Balance–January 1, 2020 $ (2,249 ) $ - $ - $ (2,249 ) Additions (2,159 ) - - (2,159 ) Balance–December 31, 2020 $ (4,408 ) $ - $ - $ (4,408 ) Net amount as at December 31, 2020 $ 54,298 $ 3,500 $ 5,150 $ 62,948 2019 Patent Website Trademarks Total Cost Balance–January 1, 2019 $ 10,574 $ 3,500 $ - $ 14,074 Additions 40,676 - 4,644 45,320 Balance–December 31, 2019 $ 51,250 $ 3,500 $ 4,644 $ 59,394 Accumulated Depreciation Balance–January 1, 2019 $ (1,401 ) $ - $ - $ (1,401 ) Additions (848 ) - - (848 ) Balance–December 31, 2019 $ (2,249 ) $ - $ - $ (2,249 ) Net amount as at December 31, 2019 $ 49,001 $ 3,500 $ 4,644 $ 57,145 |
Schedule of Amortization of Patent | Amortization of the patent over the next five years and beyond December 31, 2020 is as follows: 2021 $ 2,160 2022 $ 2,160 2023 $ 2,160 2024 $ 2,160 2025 $ 2,160 2026 and later $ 38,201 |
Promissory Notes (Tables)
Promissory Notes (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Schedule of Notes Payable | The following tables shows the balance of the notes payable as of March 31, 2021 and December 31, 2020: Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 Repayment (53,847 ) Balance as at March 31, 2021 $ 313,211 | The following tables shows the balance of the notes payable as of December 31, 2020 and 2019: Balance as at December 31, 2018 $ 287,425 Payment (19,544 ) Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 |
Schedule of Secured Notes Payable | The amounts repayable under promissory notes and secured promissory notes at March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 Balance owing $ 313,211 $ 367,058 Less amounts due within one year (313,211 ) (367,058 ) Long-term portion $ - $ - | The amounts repayable under promissory notes and secured promissory notes at December 31, 2020 and 2019 are as follows: 2020 2019 Balance owing $ 367,058 $ 267,881 Less amounts due within one year (367,058 ) (267,881 ) Long-term portion $ - $ - |
Convertible Promissory Notes (T
Convertible Promissory Notes (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Schedule of Calculated Beneficial Conversion Feature | The effective rate resulted in a beneficial conversion feature greater than the proceeds. Allocated proceeds of Convertible Promissory Note $ 509,037 Conversion Price $ 0.09 Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note 5,655,967 Conversion price $ 0.098 FMV of Common Stock $ 0.263 Per Share Intrinsic Value of Beneficial Conversion Feature $ 0.165 Calculated Beneficial Conversion Feature $ 933,646 | The effective rate resulted in a beneficial conversion feature greater than the proceeds. Allocated proceeds of Convertible Promissory Note $ 509,037 Conversion Price $ 0.09 Number of shares of common stock that would be issued upon conversion of Convertible Promissory Note 5,655,967 Conversion price $ 0.098 FMV of common stock $ 0.263 Per Share Intrinsic Value of Beneficial Conversion Feature $ 0.165 Calculated Beneficial Conversion Feature $ 933,646 |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |
Schedule of Reconciliation of Income Tax | The income tax expense for the year ended December 31, 2020 and 2019 is reconciled per the schedule below: 2020 2019 Net loss before income taxes $ (1,187,620 ) $ (359,034 ) Depreciation 26,962 (10,956 ) Non-deductible portion of meals and entertainment 586 1,115 Expenses paid in shares 415,666 - Interest on lease liability 5,039 - Lease payments (31,292 ) - Gain on impairment - 54,292 Gain Settlement of Debt (184,868 ) (250,778 ) Adjusted net loss for tax purposes (955,527 ) (565,362 ) Statutory rate 25.60 % 24.63 % (244,658 ) (139,248 ) Increase in valuation allowance 244,658 139,248 Provision for income taxes $ - $ - |
Schedule of Deferred Income Tax Assets | The tax effects of temporary differences that give rise to the deferred income tax assets at December 31, 2020 and 2019 are as follows: 2020 2019 Net operating loss carry forwards $ 1,365,333 $ 1,113,488 Transaction costs - - 1,365,333 1,113,488 Deferred tax assets not recognized (1,365,333 ) (1,113,488 ) Net deferred tax asset $ - $ - |
Schedule of Cumulative Non-capital Losses | These losses will expire as follows: United States Canada Total 2034 $ 53,000 $ 183,000 $ 236,000 2035 161,000 368,000 529,000 2036 868,000 262,000 1,130,000 2037 1,472,000 59,000 1,531,000 2038 431,000 520,000 951,000 2039 372,000 193,000 565,000 2040 237,000 718,000 955,000 $ 3,594,000 $ 2,303,000 $ 5,897,000 |
Financial Instruments (Tables)
Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Risks and Uncertainties [Abstract] | |
Schedule of Significant Customer Risk Percentage | 2020 2019 Customer A - % 89 % Customer B 51 % - % Customer C 26 % 3 % 77 % 92 % |
Changes in Cash Flows from Op_2
Changes in Cash Flows from Operating Assets and Liabilities (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Schedule of Changes in Operating Assets and Liabilities | The changes to the Company’s operating assets and liabilities for the three months ended March 31, 2021 and 2020 are as follows: 2021 2020 Decrease (increase) in accounts receivable $ 106,349 $ (24,279 ) Decrease (increase) in other receivable 135,307 1,391 Decrease (increase) in inventory and prepaid inventory (252,529 ) 17,441 Decrease (increase) in prepaid expenses and deposits (64,594 ) 8,281 Increase (decrease) in lease liability 850 (7,725 ) Increase (decrease) in payroll taxes payable 2,970 - Increase (decrease) in accounts payable and accrued liabilities (4,862 ) (44,567 ) $ (76,510 ) $ (49,458 ) | The changes to the Company’s operating assets and liabilities for the years ended December 31, 2020 and 2019 are as follows: 2020 2019 Decrease (increase) in accounts receivable $ (119,813 ) $ 48,908 Decrease (increase) in other receivable (121,396 ) (54,821 ) Decrease (increase) in inventory 72,353 122,067 Decrease (increase) in prepaid expenses and deposits 43,201 63,373 Increase (decrease) in lease liability (27,718 ) (8,392 ) Increase (decrease) in income taxes payable 11,372 (45,521 ) Increase (decrease) in accounts payable and accrued liabilities (59,284 ) 405,214 $ 201,284 $ 539,220 |
Lease Liabilities (Tables)
Lease Liabilities (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Leases [Abstract] | ||
Schedule Right-of-use Asset | The Company’s right-of-use asset for the three month ended March 31, 2021 as follows: 2021 Right-of-use asset $ 32,757 Current lease liability $ 24,485 Long-term lease liability $ 8,272 | The Company’s right-of-use asset for the year ended December 31, 2020 is as follows: 2020 Right-of-use asset $ 38,506 Current lease liability $ 23,883 Long-term lease liability $ 14,624 |
Schedule of Components of Lease Expense | The components of lease expense are as follows: March 31, 2021 March 31, 2020 Amortization of right-of-use $ 5,749 $ 22,164 Interest on lease liability $ 915 $ 4,494 Total lease cost $ 6,664 $ 26,658 | The components of lease expense are as follows: December 31, 2020 December 31, 2019 Amortization of right-of-use $ 21,619 11,107 Interest on lease liability $ 5,039 2,716 Total lease cost $ 26,658 13,823 |
Schedule of Future Minimum Lease Payments | Future minimum lease payments as of March 31, 2021, 2021 19.994 2022 15,551 Total future minimum lease payments 35.545 Less: amount representing interest (2.787 ) Present value of future payments 32,758 Current portion 24,485 Long term portion $ 8,272 | Future minimum lease payments as of December 31, 2020, 2021 26,658 2022 15,551 Total future minimum lease payments 42,209 Less: amount representing interest (3,702 ) Present value of future payments 38,507 Current portion 23,883 Long term portion $ 14,624 |
Warrants (Tables)
Warrants (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Warrants and Rights Note Disclosure [Abstract] | ||
Schedule of Warrants Exercise Price | Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 0.20 225,000 0.67 December 1, 2021 $ 0.20 25,349,050 0.80 February 24, 2022 $ 2.00 250,000 1.33 April 29, 2022 $ 0.10 109,757 3.91 February 25, 2025 $ 0.12 1,250,000 3.97 March 20, 2025 $ 0.20 30,499,800 1.50 October 1, 2022 57,683,607 2.03 | Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 0.20 225,000 0.92 December 1, 2021 $ 0.20 9,961,301 0.98 December 22, 2021 $ 2.00 100,000 1.33 April 29, 2022 $ 0.10 900,000 4.16 February 25, 2025 $ 0.12 1,250,000 4.22 March 20, 2025 12,436,301 2.32 |
Schedule of Warrants Activity | March 31, 2021 December 31, 2020 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 12,436,301 $ 0.20 - $ - Issuance 60,697,999 $ 0.21 12,436,301 $ 0.20 Exercise (15,450,693 ) $ (0.19 ) - $ - Balance, end of period 57,683,607 $ 0.22 12,436,301 $ 0.20 | December 31, 2020 December 31, 2019 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year - $ - - $ - Issuance 12,436,301 $ 0.52 - $ - Balance, end of period 12,436,301 $ 0.52 - $ - |
Schedule of Black-scholes Pricing Model Using Assumption for Warrants | The fair value of the warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 1.16 % Expected volatility 255 % Expected life (years) 5 Exercise price $ 0.10 Stock price $ 0.27 The fair value of the 1,250,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.025 % Expected volatility 249 % Expected life (years) 5 Exercise price $ 0.12 Stock price $ 0.06 The fair value of the 100,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 2.27 % Expected volatility 297 % Expected life (years) 3 Exercise price $ 2 Stock price $ 0.13 The fair value of the 225,000 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.12 % Expected volatility 244 % Expected life (years) 1 Exercise price $ 0.20 Stock price $ 0.17 The fair value of the 9,961,301 warrants was calculated using the Black-Scholes pricing model and using the following assumptions: Discount rate 0.09 % Expected volatility 239 % Expected life (years) 1 Exercise price $ 0.20 Stock price $ 0.13 |
Revision of Prior Period Fina_2
Revision of Prior Period Financial Statements (Tables) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Accounting Changes and Error Corrections [Abstract] | ||
Schedule of Prior Period of Financial Statement | The cumulative effect of the adjustments on all prior periods to Shareholders’ Equity as of March 31, 2020 reflected below: Common Stock Additional Paid-in Capital Share Subscriptions Receivable Share Subscription Payable Accumulated Deficit Cumulative translation adjustment Total Stockholders’ Equity (Deficit) Shares Amount Balance at March 31, 2020 46,547,749 $ 4,655 $ 9,060,739 $ (1,577 ) $ 1,178,608 $ (10,961,172 ) $ (8,580 ) $ (727,327 ) Revision 2,458,834 $ 246 $ 731,946 - $ 137,315 $ (869,507 ) - - Balance at March 31, 2020, as revised 49,006,583 $ 4,901 $ 9,792,685 $ (1,577 ) $ 1,315,923 $ (11,830,679 ) $ (8,580 ) $ (727,327 ) | The cumulative effect of the adjustments on all prior periods to Shareholders’ Equity as of June 30, 2019, September 30, 2019, December 30, 2019 and March 31, 2020 reflected below: Common Stock Additional Paid-in Capital Share Subscriptions Receivable Share Subscription Payable Accumulated Deficit Cumulative translation adjustment Total Stockholders’ Equity (Deficit) Shares Amount Balance at June 30, 2019 28,177,966 $ 2,817 $ 8,309,293 $ (1,577 ) $ 1,853,819 $ (10,482,521 ) $ (23,624 ) $ (341,792 ) Revision 12,719,566 $ 1,273 $ 182,509 - $ 781,298 $ (965,079 ) - - Balance at June 30, 2019, as revised 40,897,532 $ 4,090 $ 8,491,802 $ (1,577 ) $ 2,635,117 $ (11,447,600 ) $ (23,624 ) $ (341,792 ) Balance at September, 2019 38,506,721 $ 3,850 $ 8,230,982 $ (1,577 ) $ 1,606,097 $ (10,212,150 ) $ (46,116 ) $ (418,915 ) Revision 1,400,069 $ 141 $ 183,641 - $ 781,298 $ (965,079 ) - - Balance at September 30, 2019, as revised 39,906,790 $ 3,991 $ 8,414,623 $ (1,577 ) $ 2,387,395 $ (11,177,230 ) $ (46,116 ) $ (418,915 ) Balance at December 31, 2019 41,906,790 $ 4,191 $ 8,381,231 $ (1,577 ) $ 1,511,080 $ (10,768,906 ) $ (8,580 ) $ (882,561 ) Revision - - $ 261,192 - $ 648,315 $ (909,507 ) - - Balance at December 31, 2019, as revised 41,906,790 $ 4,191 $ 8,642,423 $ (1,577 ) $ 2,159,395 $ (11,678,413 ) $ (8,580 ) $ (882,561 ) - Balance at March 31, 2020 46,547,749 $ 4,655 $ 9,060,739 $ (1,577 ) $ 1,178,608 $ (10,961,172 ) $ (8,580 ) $ (727,327 ) Revision 2,458,834 $ 246 $ 731,946 - $ 137,315 $ (869,507 ) - - Balance at March 31, 2020, as revised 49,006,583 $ 4,901 $ 9,792,685 $ (1,577 ) $ 1,315,923 $ (11,830,679 ) $ (8,580 ) $ (727,327 ) |
Schedule of Consolidated Statements of Operations | The Condensed Consolidated Statements of Operations has been revised to reflect the correction for the three months ended March 31, 2020 as follows: For the Three Months Ended March 31, 2020 As previously reported Revision As Revised Professional Fees $ 149,465 $ (40,000 ) $ 109,465 Total Operating Expenses $ 178,471 $ (40,000 ) $ 138,471 Loss from Operations $ (164,455 ) $ 40,000 $ (124,455 ) Net Loss $ (192,266 ) $ 40,000 $ (152,266 ) Comprehensive Loss $ (192,266 ) $ 40,000 $ (152,266 ) Loss per Share – Basic and Diluted $ (0.00 ) - $ (0.00 ) | The Consolidated Statements of Operations and Comprehensive Loss has been revised to reflect the correction for the year ended December 31, 2019 and three months ended March 31, 2020 as follows: For the Year Ended December 31, 2019 As previously reported Revision As Revised Professional Fees $ 570,852 $ (55,573 ) $ 515,279 Total Operating Expenses $ 831,971 $ (55,573 ) $ 776,398 Loss from Operations $ (593,424 ) $ (55,573 ) $ (537,851 ) Net Loss $ (414,607 ) $ (55,573 ) $ (359,034 ) Comprehensive Loss $ (419,574 ) $ (55,573 ) $ (364,001 ) Loss per Share–Basic and Diluted $ (0.01 ) - $ (0.01 ) For the Three Months Ended March 31, 2020 As previously reported Revision As Revised Professional Fees $ 149,465 $ (40,000 ) $ 109,465 Total Operating Expenses $ 178,471 $ (40,000 ) $ 138,471 Loss from Operations $ (164,455 ) $ 40,000 $ (124,455 ) Net Loss $ (192,266 ) $ 40,000 $ (152,266 ) Comprehensive Loss $ (192,266 ) $ 40,000 $ (152,266 ) Loss per Share–Basic and Diluted $ (0.00 ) - $ (0.00 ) |
Basis of Presentation and Bus_2
Basis of Presentation and Business Condition (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | May 31, 2021 | Dec. 31, 2019 | |
Accounting Policies [Abstract] | |||||
Loss on foreign exchange | $ 29,940 | $ 29,940 | |||
Working capital | 8,438,184 | ||||
Accumulated deficit | (14,089,552) | (12,866,033) | $ (11,678,413) | ||
Cash and cash equivalents | 9,311,878 | 1,107,812 | $ 11,993 | ||
Proceeds from offerings | 9,000,000 | 7,400,000 | |||
Warrants of shares | 57,000,000 | ||||
Warrants exercise per share | $ 0.20 | ||||
Warrants average share price | $ 0.30 | ||||
Proceeds from sale of equity | 9,311,878 | 6,300,000 | |||
Proceeds from warrants exercises | $ 2,932,105 | $ 9,100,000 |
Basis of Presentation and Bus_3
Basis of Presentation and Business Condition (Details Narrative) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | |||||||
Mar. 31, 2021 | Mar. 26, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | May 31, 2021 | Apr. 03, 2021 | Feb. 28, 2021 | Jan. 14, 2021 | Dec. 31, 2019 | |
Loss on foreign exchange | $ 29,940 | $ 29,940 | |||||||
Working capital deficiency | 33,289 | ||||||||
Accumulated deficit | (14,089,552) | (12,866,033) | $ (11,678,413) | ||||||
Cash and cash equivalents | 9,311,878 | 1,107,812 | 11,993 | ||||||
Proceeds from offerings | 9,000,000 | 7,400,000 | |||||||
Warrants of shares | 57,000,000 | ||||||||
Warrants exercise per share | $ 0.20 | ||||||||
Warrants average share price | $ 0.30 | ||||||||
Cash | 9,311,878 | 1,107,812 | $ 11,993 | ||||||
Proceeds from sale of equity | 9,311,878 | 6,300,000 | |||||||
Proceeds from warrants exercises | $ 2,932,105 | $ 9,100,000 | |||||||
Subsequent Event [Member] | |||||||||
Proceeds from offerings | $ 7,400,000 | ||||||||
Warrants of shares | 45,840,121 | 250,000 | |||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | $ 0.20 | ||||||
Warrants average share price | $ 0.40 |
Significant Accounting Polici_4
Significant Accounting Policies (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |||
Dec. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2021 | Jan. 02, 2019 | |
Accounting Policies [Abstract] | ||||
Allowance for doubtful accounts receivable | ||||
Product warranty expenses | 0 | 2,106 | ||
Impairment losses related to intangible assets | ||||
Right-of-use assets | 38,506 | $ 60,125 | $ 32,757 | $ 68,516 |
Lease liabilities | $ 38,507 | $ 32,758 | $ 68,516 |
Significant Accounting Polici_5
Significant Accounting Policies - Schedule of Estimated Useful Lives of Property and Equipment (Details) | 3 Months Ended |
Mar. 31, 2021 | |
Automobiles [Member] | |
Property and equipment estimated useful lives | 5 years |
Significant Accounting Polici_6
Significant Accounting Policies - Schedule of Estimated Useful Lives of Property and Equipment (Details) (10-K) | 12 Months Ended |
Dec. 31, 2020 | |
Furniture and Equipment [Member] | |
Property and equipment estimated useful lives | 5 years |
Computers [Member] | |
Property and equipment estimated useful lives | 3 years |
Patents [Member] | |
Property and equipment estimated useful lives | 25 years |
Leasehold Improvements [Member] | |
Property and equipment estimated useful lives | 15 years |
Inventory - Schedule of Invento
Inventory - Schedule of Inventory (Details) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Inventory Disclosure [Abstract] | |||
Finished goods | $ 107,143 | $ 32,358 | $ 104,868 |
Promotional items | 552 | 552 | 552 |
Raw materials | 7,893 | 7,893 | 7,737 |
Inventory | 115,587 | 40,803 | 113,156 |
Prepaid inventory | $ 177,745 | $ 50,000 |
Inventory (Details Narrative) (
Inventory (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Inventory Disclosure [Abstract] | ||
Loss on impairment | $ 54,292 |
Inventory - Schedule of Inven_2
Inventory - Schedule of Inventory (Details) (10-K) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Inventory Disclosure [Abstract] | |||
Finished goods | $ 107,143 | $ 32,358 | $ 104,868 |
Promotional items | 552 | 552 | 552 |
Raw materials | 7,893 | 7,893 | 7,737 |
Inventory | 115,587 | 40,803 | 113,156 |
Prepaid inventory | $ 177,745 | $ 50,000 |
Property and Equipment (Details
Property and Equipment (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Property, Plant and Equipment [Abstract] | ||
Depreciation expense | $ 3,184 | $ 2,198 |
Property and Equipment - Schedu
Property and Equipment - Schedule of Property and Equipment (Details) (10-K) - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2021 | |
Beginning balance | $ 100,288 | $ 47,255 | |
Additions | 53,033 | ||
Ending balance | 100,288 | 100,288 | |
Beginning balance | (5,593) | (3,395) | |
Additions | (3,184) | (2,198) | |
Ending balance | (8,777) | (5,593) | |
Net amount | 91,511 | 94,695 | $ 209,238 |
Equipment [Member] | |||
Beginning balance | 10,047 | 8,850 | |
Additions | 1,197 | ||
Ending balance | 10,047 | 10,047 | |
Beginning balance | (3,785) | (2,254) | |
Additions | (1,626) | (1,531) | |
Ending balance | (5,410) | (3,785) | |
Net amount | 4,636 | 6,262 | |
Product Molds [Member] | |||
Beginning balance | 65,708 | 37,243 | |
Additions | 28,465 | ||
Ending balance | 65,708 | 65,708 | |
Beginning balance | |||
Additions | |||
Ending balance | |||
Net amount | 65,708 | 65,708 | |
Computers [Member] | |||
Beginning balance | 1,162 | 1,162 | |
Additions | |||
Ending balance | 1,162 | 1,162 | |
Beginning balance | (1,162) | (1,141) | |
Additions | (21) | ||
Ending balance | (1,162) | (1,162) | |
Net amount | |||
Leasehold Improvements [Member] | |||
Beginning balance | 23,371 | ||
Additions | 23,371 | ||
Ending balance | 23,371 | 23,371 | |
Beginning balance | (646) | ||
Additions | (1,558) | (646) | |
Ending balance | (2,204) | (646) | |
Net amount | $ 21,167 | $ 22,725 |
Intangible Assets (Details Narr
Intangible Assets (Details Narrative) (10-K) | 12 Months Ended |
Dec. 31, 2020 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets useful life | 25 years |
Intangible Assets - Schedule of
Intangible Assets - Schedule of Change in Intangible Assets (Details) (10-K) - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2021 | |
Beginning balance | $ 59,394 | $ 14,074 | |
Additions | 7,962 | 45,320 | |
Ending balance | 67,356 | 59,394 | |
Beginning balance | (2,249) | (1,401) | |
Additions | (2,159) | (848) | |
Ending balance | (4,408) | (2,249) | |
Intangible assets, net | 62,948 | 57,145 | $ 131,676 |
Patents [Member] | |||
Beginning balance | 51,250 | 10,574 | |
Additions | 7,456 | 40,676 | |
Ending balance | 58,706 | 51,250 | |
Beginning balance | (2,249) | (1,401) | |
Additions | (2,159) | (848) | |
Ending balance | (4,408) | (2,249) | |
Intangible assets, net | 54,298 | 49,001 | |
Website [Member] | |||
Beginning balance | 3,500 | 3,500 | |
Additions | |||
Ending balance | 3,500 | 3,500 | |
Beginning balance | |||
Additions | |||
Ending balance | |||
Intangible assets, net | 3,500 | 3,500 | |
Trademarks [Member] | |||
Beginning balance | 4,644 | ||
Additions | 506 | 4,644 | |
Ending balance | 5,150 | 4,644 | |
Beginning balance | |||
Additions | |||
Ending balance | |||
Intangible assets, net | $ 5,150 | $ 4,644 |
Intangible Assets - Schedule _2
Intangible Assets - Schedule of Amortization of Patent (Details) (10-K) | Dec. 31, 2020USD ($) |
Goodwill and Intangible Assets Disclosure [Abstract] | |
2021 | $ 2,160 |
2022 | 2,160 |
2023 | 2,160 |
2024 | 2,160 |
2025 | 2,160 |
2026 and later | $ 38,201 |
Promissory Notes (Details Narra
Promissory Notes (Details Narrative) | Mar. 18, 2020 | Mar. 31, 2021USD ($) | Mar. 31, 2020USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) | Dec. 31, 2017USD ($) | Mar. 31, 2021CAD ($) | Dec. 31, 2020CAD ($) | Dec. 31, 2018USD ($) | Dec. 31, 2018CAD ($) | Dec. 31, 2017CAD ($) | Dec. 31, 2016USD ($) | Dec. 31, 2016CAD ($) |
Notes payable | $ 88,120 | ||||||||||||
Other receivable | 11,058 | ||||||||||||
Gain (Loss) on Extinguishment of Debt | $ 9,207 | 184,868 | $ 250,778 | ||||||||||
Debt instrument maturity date, description | The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. | ||||||||||||
Secured Promissory Note [Member] | |||||||||||||
Secured debt | $ 9,545 | $ 73,452 | |||||||||||
Debt interest rate | 18.00% | 18.00% | |||||||||||
Debt instrument extended maturity date | Apr. 1, 2021 | ||||||||||||
Principal amount | 96,091 | 96,091 | $ 96,091 | ||||||||||
Accrued interest | 53,120 | 48,770 | 32,277 | ||||||||||
Repayment from secured debt | 9,545 | ||||||||||||
Debt instrument maturity date, description | The secured promissory note was due in August 2018. | ||||||||||||
Secured Promissory Note [Member] | Promissory Note Holders [Member] | |||||||||||||
Principal amount | 62,905 | ||||||||||||
Gain (Loss) on Extinguishment of Debt | 5,682 | ||||||||||||
Repayment from secured debt | 62,905 | ||||||||||||
Secured Promissory Note [Member] | Canadian Dollars [Member] | |||||||||||||
Secured debt | $ 12,000 | $ 123,231 | |||||||||||
Repayment from secured debt | 12,000 | ||||||||||||
Secured Promissory Note [Member] | Canadian Dollars [Member] | Promissory Note Holders [Member] | |||||||||||||
Principal amount | $ 80,108 | ||||||||||||
Unsecured Promissory Note [Member] | |||||||||||||
Unsecured debt | $ 22,639 | ||||||||||||
Debt interest rate | 18.00% | 18.00% | |||||||||||
Unsecured Promissory Note [Member] | Canadian Dollars [Member] | |||||||||||||
Unsecured debt | $ 30,884 | ||||||||||||
Principal amount | 123,231 | 123,231 | $ 123,231 | ||||||||||
Accrued interest | $ 41,921 | $ 69,571 | $ 64,102 | ||||||||||
Secured Promissory Note One [Member] | |||||||||||||
Secured debt | $ 53,848 | $ 79,000 | |||||||||||
Debt interest rate | 12.00% | 12.00% | 18.00% | 18.00% | |||||||||
Debt instrument extended maturity date | Apr. 1, 2021 | ||||||||||||
Principal amount | 79,000 | 79,000 | $ 79,000 | ||||||||||
Accrued interest | 34,497 | 31,000 | $ 16,780 | ||||||||||
Debt instrument maturity date, description | The secured promissory notes were due in October and November 2018. | ||||||||||||
Secured Promissory Note One [Member] | 2017 Secured Promissory Notes [Member] | |||||||||||||
Debt instrument extended maturity date | Nov. 3, 2020 | ||||||||||||
Principal amount | 53,848 | $ 53,848 | |||||||||||
Accrued interest | 14,050 | 8,174 | |||||||||||
Secured Promissory Note One [Member] | Canadian Dollars [Member] | |||||||||||||
Secured debt | $ 67,700 | ||||||||||||
Secured Promissory Note One [Member] | Canadian Dollars [Member] | 2017 Secured Promissory Notes [Member] | |||||||||||||
Principal amount | 67,700 | 67,700 | |||||||||||
Accrued interest | 18,740 | $ 10,616 | |||||||||||
Secured Promissory Note Two [Member] | |||||||||||||
Secured debt | $ 60,000 | ||||||||||||
Debt interest rate | 12.00% | 12.00% | |||||||||||
Debt instrument extended maturity date | Nov. 3, 2020 | ||||||||||||
Principal amount | 50,000 | 50,000 | $ 50,000 | ||||||||||
Accrued interest | $ 24,203 | $ 22,703 | 16,703 | ||||||||||
Repayment from secured debt | $ 10,000 | ||||||||||||
Debt instrument maturity date, description | The secured promissory notes are due in August and November 2018. | ||||||||||||
Secured Promissory Note Two [Member] | Minimum [Member] | |||||||||||||
Debt interest rate | 12.00% | 12.00% | |||||||||||
Secured Promissory Note Two [Member] | Maximum [Member] | |||||||||||||
Debt interest rate | 22.00% | 22.00% |
Promissory Notes (Details Nar_2
Promissory Notes (Details Narrative) (10-K) | Feb. 09, 2021USD ($) | Mar. 18, 2020 | Dec. 31, 2019USD ($) | Dec. 31, 2017USD ($) | Mar. 31, 2021USD ($) | Mar. 31, 2021CAD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2020CAD ($) | Dec. 31, 2018USD ($) | Dec. 31, 2018CAD ($) | Dec. 31, 2017CAD ($) | Dec. 31, 2016USD ($) | Dec. 31, 2016CAD ($) |
Notes payable | $ 88,120 | ||||||||||||
Other receivable | 11,058 | ||||||||||||
Debt instrument maturity date, description | The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. | ||||||||||||
Secured Promissory Note [Member] | |||||||||||||
Secured debt | $ 9,545 | $ 73,452 | |||||||||||
Debt interest rate | 18.00% | 18.00% | |||||||||||
Debt instrument extended maturity date | Apr. 1, 2021 | ||||||||||||
Principal amount | $ 96,091 | $ 96,091 | 96,091 | ||||||||||
Accrued interest | 32,277 | 53,120 | 48,770 | ||||||||||
Debt instrument maturity period | Aug. 31, 2018 | ||||||||||||
Debt instrument interest payment description | Payable monthly | ||||||||||||
Repayment from secured debt | 9,545 | ||||||||||||
Debt instrument maturity date, description | The secured promissory note was due in August 2018. | ||||||||||||
Secured Promissory Note [Member] | Canadian Dollars [Member] | |||||||||||||
Secured debt | $ 12,000 | $ 123,231 | |||||||||||
Repayment from secured debt | 12,000 | ||||||||||||
Unsecured Promissory Note [Member] | |||||||||||||
Unsecured debt | $ 22,639 | ||||||||||||
Debt interest rate | 18.00% | 18.00% | |||||||||||
Unsecured Promissory Note [Member] | Canadian Dollars [Member] | |||||||||||||
Unsecured debt | $ 30,884 | ||||||||||||
Principal amount | 123,231 | $ 123,231 | $ 123,231 | ||||||||||
Accrued interest | $ 41,921 | $ 69,571 | $ 64,102 | ||||||||||
Secured Promissory Note One [Member] | |||||||||||||
Secured debt | $ 53,848 | $ 79,000 | |||||||||||
Debt interest rate | 12.00% | 12.00% | 18.00% | 18.00% | |||||||||
Debt instrument extended maturity date | Apr. 1, 2021 | ||||||||||||
Principal amount | $ 79,000 | 79,000 | 79,000 | ||||||||||
Accrued interest | $ 16,780 | 34,497 | 31,000 | ||||||||||
Debt instrument maturity date, description | The secured promissory notes were due in October and November 2018. | ||||||||||||
Secured Promissory Note One [Member] | Subsequent Event [Member] | |||||||||||||
Repayment from secured debt | $ 62,905 | ||||||||||||
Secured Promissory Note One [Member] | 2017 Secured Promissory Notes [Member] | |||||||||||||
Debt instrument extended maturity date | Nov. 3, 2020 | ||||||||||||
Principal amount | $ 53,848 | 53,848 | |||||||||||
Accrued interest | 8,174 | 14,050 | |||||||||||
Secured Promissory Note One [Member] | Canadian Dollars [Member] | |||||||||||||
Secured debt | $ 67,700 | ||||||||||||
Secured Promissory Note One [Member] | Canadian Dollars [Member] | 2017 Secured Promissory Notes [Member] | |||||||||||||
Principal amount | 67,700 | 67,700 | |||||||||||
Accrued interest | $ 10,616 | 18,740 | |||||||||||
Secured Promissory Note Two [Member] | |||||||||||||
Secured debt | $ 60,000 | ||||||||||||
Debt interest rate | 12.00% | 12.00% | |||||||||||
Debt instrument extended maturity date | Nov. 3, 2020 | ||||||||||||
Principal amount | $ 50,000 | 50,000 | 50,000 | ||||||||||
Accrued interest | 16,703 | $ 24,203 | $ 22,703 | ||||||||||
Repayment from secured debt | $ 10,000 | ||||||||||||
Debt instrument maturity date, description | The secured promissory notes are due in August and November 2018. | ||||||||||||
Secured Promissory Note Two [Member] | Minimum [Member] | |||||||||||||
Debt interest rate | 12.00% | 12.00% | |||||||||||
Secured Promissory Note Two [Member] | Maximum [Member] | |||||||||||||
Debt interest rate | 22.00% | 22.00% |
Promissory Notes - Schedule of
Promissory Notes - Schedule of Notes Payable (Details) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |||
Notes payable beginning balance | $ 367,058 | $ 267,881 | $ 287,425 |
Reclassification | 99,177 | ||
Repayment | (53,847) | (19,544) | |
Notes payable ending balance | $ 313,211 | $ 367,058 | $ 267,881 |
Promissory Notes - Schedule o_2
Promissory Notes - Schedule of Notes Payable (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |||
Notes payable beginning balance | $ 367,058 | $ 267,881 | $ 287,425 |
Payment | (53,847) | (19,544) | |
Reclassification | 99,177 | ||
Notes payable ending balance | $ 313,211 | $ 367,058 | $ 267,881 |
Promissory Notes - Schedule o_3
Promissory Notes - Schedule of Secured Notes Payable (Details) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Debt Disclosure [Abstract] | |||
Balance owing | $ 313,211 | $ 367,058 | $ 267,881 |
Less amounts due within one year | (313,211) | (367,058) | (267,881) |
Long-term portion |
Promissory Notes - Schedule o_4
Promissory Notes - Schedule of Secured Notes Payable (Details) (10-K) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Debt Disclosure [Abstract] | |||
Balance owing | $ 313,211 | $ 367,058 | $ 267,881 |
Less amounts due within one year | (313,211) | (367,058) | (267,881) |
Long-term portion |
Convertible Promissory Notes (D
Convertible Promissory Notes (Details Narrative) | Mar. 18, 2020Days$ / shares | Feb. 25, 2020USD ($)$ / sharesshares | Mar. 31, 2021USD ($)$ / sharesshares | Mar. 31, 2020USD ($)$ / shares | Dec. 31, 2020USD ($)$ / sharesshares | Dec. 31, 2019USD ($) | May 31, 2021$ / sharesshares | Sep. 01, 2020USD ($) | Feb. 28, 2020USD ($) |
Warrants to purchase | shares | 57,000,000 | ||||||||
Warrants exercise per share | $ / shares | $ 0.20 | ||||||||
Number of shares issued of common stock, value | $ 2,970,621 | $ 1,031,670 | |||||||
Debt discount | 211,340 | $ 12,715 | 297,697 | ||||||
Debt conversion of shares, value | 368,320 | $ 226,839 | |||||||
Debt conversion of shares | shares | 3,448,025 | ||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||
Gain (Loss) on Extinguishment of Debt | $ 9,207 | $ 184,868 | $ 250,778 | ||||||
Amortization of financial costs | $ 297,697 | ||||||||
Share issued price per shares | $ / shares | $ 0.0001 | $ 0.09 | |||||||
Accrued interest | $ 5,654 | $ 9,960 | |||||||
Interest paid | $ 11,100 | $ 11,100 | |||||||
Debt instrument maturity date, description | The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. | ||||||||
Trading days | Days | 21 | ||||||||
Conversion price, description | The conversion price shall be $0.09 per share (subject to adjustment as further described in the note for common share distributions and splits, certain fundamental transactions, and anti-dilution adjustments), provided that at any time after any event of default under the note, the conversion price shall immediately be equal to the lesser of (i) the fixed conversion price ($0.09); (ii) 60% of the lowest bid price during the twenty one consecutive trading day period immediately preceding the trading that the Company receives a Notice of Conversion or (iii) the discount to market based on subsequent financing. | ||||||||
Common stock shares outstanding percentage | 4.99% | ||||||||
Beneficial conversion description | The foregoing, in no event shall Leonite be entitled to convert any portion of the note in excess of that portion of the note upon conversion of which the sum of (1) the number of common shares beneficially owned by Leonite and its affiliates (other than common shares which may be deemed beneficially owned through the ownership of the unconverted portion of the note or the unexercised or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to the limitations contained in the note, and, if applicable, net of any shares that may be deemed to be owned by any person not affiliated with Leonite who has purchased a portion of the note from Leonite) and (2) the number of common shares issuable upon the conversion of the portion of the note with respect to which the determination of this proviso is being made, would result in beneficial ownership by Leonite and its affiliates of more than 4.99% of the outstanding common shares of the Company. Such limitations on conversion may be waived (up to a maximum of 9.99%) | ||||||||
Maximum [Member] | |||||||||
Common stock shares outstanding percentage | 9.99% | ||||||||
Convertible Promissory Note [Member] | |||||||||
Issuance of common stock shares | shares | 450,000 | 450,000 | |||||||
Debt conversion of shares, value | $ 226,839 | ||||||||
Debt conversion of shares | shares | 2,520,434 | ||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||
Gain (Loss) on Extinguishment of Debt | $ 44,274 | ||||||||
Share issued price per shares | $ / shares | $ 0.27 | $ 0.27 | |||||||
Convertible Promissory Note [Member] | |||||||||
Principal amount | $ 467,500 | $ 467,500 | |||||||
Original issue discount | 41,537 | 41,537 | |||||||
Number of shares issued of common stock, value | 123,390 | 123,390 | |||||||
Debt conversion of shares, value | $ 5,655,967 | $ 5,655,967 | |||||||
Conversion price | $ / shares | $ 0.09 | $ 0.09 | |||||||
Proceeds from related party debt | $ 509,037 | $ 509,037 | |||||||
Warrants | 242,100 | 242,100 | |||||||
Beneficial conversion feature | 467,500 | 467,500 | |||||||
Excess of conversion feature | $ 466,146 | $ 466,146 | |||||||
Warrants [Member] | |||||||||
Issuance of common stock shares | shares | 14,559,800 | ||||||||
Number of shares issued of common stock, value | $ 2,919,975 | ||||||||
Debt conversion of shares | shares | 57,683,607 | ||||||||
Common Stock [Member] | |||||||||
Issuance of common stock shares | shares | 30,048,199 | 9,961,301 | |||||||
Number of shares issued of common stock, value | $ 3,005 | $ 996 | |||||||
Debt conversion of shares, value | $ 410 | $ 252 | |||||||
Debt conversion of shares | shares | 4,092,431 | 2,520,434 | |||||||
Leonite Capital LLC [Member] | |||||||||
Principal amount | $ 544,425 | $ 509,037 | $ 509,037 | $ 310,322 | $ 198,715 | ||||
Issuance of common stock shares | shares | 450,000 | 450,000 | 450,000 | ||||||
Warrant term | 5 years | ||||||||
Warrants to purchase | shares | 900,000 | ||||||||
Warrants exercise per share | $ / shares | $ 0.10 | ||||||||
Original issue discount | $ 44,425 | $ 41,537 | $ 41,537 | 25,322 | 16,215 | ||||
Purchase price | $ 500,000 | ||||||||
Convertible debt | 467,500 | 467,500 | $ 285,000 | $ 182,500 | |||||
Number of shares issued of common stock, value | 123,390 | 123,390 | |||||||
Leonite Capital LLC [Member] | Convertible Promissory Note [Member] | |||||||||
Principal amount | 182,565 | ||||||||
Debt conversion of shares, value | $ 226,839 | ||||||||
Debt conversion of shares | shares | 2,520,434 | ||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||
Gain (Loss) on Extinguishment of Debt | $ 44,274 | ||||||||
Beneficial conversion feature | 933,646 | ||||||||
Leonite Capital LLC [Member] | Warrants [Member] | |||||||||
Debt discount | 344,110 | 344,110 | |||||||
Amortization of financial costs | 58,146 | 273,405 | |||||||
Leonite Capital LLC [Member] | Common Stock [Member] | |||||||||
Principal amount | $ 325,667 | ||||||||
Issuance of common stock shares | shares | 4,092,431 | ||||||||
Number of shares issued of common stock, value | $ 368,319 | ||||||||
Debt discount | 148,027 | ||||||||
Gain (Loss) on Extinguishment of Debt | $ 42,651 | ||||||||
Share issued price per shares | $ / shares | $ 0.09 | ||||||||
Leonite Capital LLC [Member] | |||||||||
Principal amount | $ 0 | 293,077 | |||||||
Original issue discount | 0 | 194,095 | |||||||
Convertible debt | $ 0 | $ 98,982 | |||||||
Interest rate | 10.20% | 10.20% | |||||||
Lesser interest rate | 24.00% | 24.00% |
Convertible Promissory Notes _2
Convertible Promissory Notes (Details Narrative) (10-K) | Apr. 01, 2021shares | Mar. 19, 2021shares | Mar. 18, 2020Days$ / shares | Feb. 25, 2020USD ($)$ / sharesshares | Feb. 28, 2021USD ($)$ / sharesshares | May 24, 2021USD ($)shares | Mar. 31, 2021USD ($)$ / sharesshares | Mar. 26, 2021$ / sharesshares | Mar. 31, 2020USD ($)$ / shares | Dec. 31, 2020USD ($)$ / sharesshares | Dec. 31, 2019USD ($) | May 31, 2021$ / sharesshares | Apr. 03, 2021$ / shares | Jan. 14, 2021shares | Jan. 08, 2021$ / shares | Sep. 01, 2020USD ($) | Feb. 28, 2020USD ($) |
Warrants to purchase | shares | 57,000,000 | ||||||||||||||||
Warrants exercise per share | $ / shares | $ 0.20 | ||||||||||||||||
Number of shares issued of common stock, value | $ 2,970,621 | $ 1,031,670 | |||||||||||||||
Debt discount | 211,340 | $ 12,715 | 297,697 | ||||||||||||||
Debt conversion of shares, value | 368,320 | $ 226,839 | |||||||||||||||
Debt conversion of shares | shares | 3,448,025 | ||||||||||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||||||||||
Gain (Loss) on Extinguishment of Debt | $ 9,207 | $ 184,868 | $ 250,778 | ||||||||||||||
Amortization of financial costs | $ 297,697 | ||||||||||||||||
Share issued price per shares | $ / shares | $ 0.0001 | $ 0.09 | |||||||||||||||
Interest paid | $ 11,100 | $ 11,100 | |||||||||||||||
Debt instrument maturity date, description | The note will mature 18 months from the issue date, or August 25, 2021, at which time the principal amount and all accrued and unpaid interest, if any, and other fees relating to the note, will be due and payable. Unless an event of default as set forth in the note has occurred, the Company has the right to prepay principal amount of, and any accrued and unpaid interest on, the note at any time prior to the maturity date at 100% of the principal amount plus any accrued and unpaid interest plus the lesser of (i) nine months of unaccrued interest or (ii) all unaccrued interest through the remainder of the term. | ||||||||||||||||
Trading days | Days | 21 | ||||||||||||||||
Conversion price, description | The conversion price shall be $0.09 per share (subject to adjustment as further described in the note for common share distributions and splits, certain fundamental transactions, and anti-dilution adjustments), provided that at any time after any event of default under the note, the conversion price shall immediately be equal to the lesser of (i) the fixed conversion price ($0.09); (ii) 60% of the lowest bid price during the twenty one consecutive trading day period immediately preceding the trading that the Company receives a Notice of Conversion or (iii) the discount to market based on subsequent financing. | ||||||||||||||||
Common stock shares outstanding percentage | 4.99% | ||||||||||||||||
Beneficial conversion description | The foregoing, in no event shall Leonite be entitled to convert any portion of the note in excess of that portion of the note upon conversion of which the sum of (1) the number of common shares beneficially owned by Leonite and its affiliates (other than common shares which may be deemed beneficially owned through the ownership of the unconverted portion of the note or the unexercised or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to the limitations contained in the note, and, if applicable, net of any shares that may be deemed to be owned by any person not affiliated with Leonite who has purchased a portion of the note from Leonite) and (2) the number of common shares issuable upon the conversion of the portion of the note with respect to which the determination of this proviso is being made, would result in beneficial ownership by Leonite and its affiliates of more than 4.99% of the outstanding common shares of the Company. Such limitations on conversion may be waived (up to a maximum of 9.99%) | ||||||||||||||||
Convertible Promissory Note [Member] | |||||||||||||||||
Issuance of common stock shares | shares | 450,000 | 450,000 | |||||||||||||||
Debt conversion of shares, value | $ 226,839 | ||||||||||||||||
Debt conversion of shares | shares | 2,520,434 | ||||||||||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||||||||||
Gain (Loss) on Extinguishment of Debt | $ 44,274 | ||||||||||||||||
Share issued price per shares | $ / shares | $ 0.27 | $ 0.27 | |||||||||||||||
Convertible Promissory Note [Member] | |||||||||||||||||
Principal amount | $ 467,500 | $ 467,500 | |||||||||||||||
Original issue discount | 41,537 | 41,537 | |||||||||||||||
Number of shares issued of common stock, value | 123,390 | 123,390 | |||||||||||||||
Debt conversion of shares, value | $ 5,655,967 | $ 5,655,967 | |||||||||||||||
Conversion price | $ / shares | $ 0.09 | $ 0.09 | |||||||||||||||
Proceeds from related party debt | $ 509,037 | $ 509,037 | |||||||||||||||
Warrants | 242,100 | 242,100 | |||||||||||||||
Beneficial conversion feature | 467,500 | 467,500 | |||||||||||||||
Excess of conversion feature | $ 466,146 | 466,146 | |||||||||||||||
Maximum [Member] | |||||||||||||||||
Common stock shares outstanding percentage | 9.99% | ||||||||||||||||
Subsequent Event [Member] | |||||||||||||||||
Issuance of common stock shares | shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | |||||||||||||
Warrants to purchase | shares | 45,840,121 | 250,000 | |||||||||||||||
Warrants exercise per share | $ / shares | $ 0.20 | $ 0.20 | $ 0.20 | ||||||||||||||
Number of shares issued of common stock, value | $ 2,455,960 | $ 12,130 | |||||||||||||||
Share issued price per shares | $ / shares | $ 0.09 | $ 0.10 | |||||||||||||||
Warrants [Member] | |||||||||||||||||
Issuance of common stock shares | shares | 14,559,800 | ||||||||||||||||
Number of shares issued of common stock, value | $ 2,919,975 | ||||||||||||||||
Debt conversion of shares | shares | 57,683,607 | ||||||||||||||||
Leonite Capital LLC [Member] | |||||||||||||||||
Principal amount | $ 544,425 | $ 509,037 | $ 509,037 | $ 310,322 | $ 198,715 | ||||||||||||
Issuance of common stock shares | shares | 450,000 | 450,000 | 450,000 | ||||||||||||||
Warrant term | 5 years | ||||||||||||||||
Warrants to purchase | shares | 900,000 | ||||||||||||||||
Warrants exercise per share | $ / shares | $ 0.10 | ||||||||||||||||
Original issue discount | $ 44,425 | $ 41,537 | $ 41,537 | 25,322 | 16,215 | ||||||||||||
Purchase price | $ 500,000 | ||||||||||||||||
Convertible debt | 467,500 | 467,500 | $ 285,000 | $ 182,500 | |||||||||||||
Number of shares issued of common stock, value | 123,390 | 123,390 | |||||||||||||||
Leonite Capital LLC [Member] | Convertible Promissory Note [Member] | |||||||||||||||||
Principal amount | 182,565 | ||||||||||||||||
Debt conversion of shares, value | $ 226,839 | ||||||||||||||||
Debt conversion of shares | shares | 2,520,434 | ||||||||||||||||
Conversion price | $ / shares | $ 0.09 | ||||||||||||||||
Gain (Loss) on Extinguishment of Debt | $ 44,274 | ||||||||||||||||
Beneficial conversion feature | 933,646 | ||||||||||||||||
Leonite Capital LLC [Member] | Subsequent Event [Member] | |||||||||||||||||
Issuance of common stock shares | shares | 790,243 | 4,092,431 | |||||||||||||||
Share issued price per shares | $ / shares | $ 0.09 | ||||||||||||||||
Leonite Capital LLC [Member] | Warrants [Member] | |||||||||||||||||
Debt discount | 344,110 | 344,110 | |||||||||||||||
Amortization of financial costs | 58,146 | 273,405 | |||||||||||||||
Leonite Capital LLC [Member] | |||||||||||||||||
Principal amount | 0 | 293,077 | |||||||||||||||
Original issue discount | 0 | 194,095 | |||||||||||||||
Convertible debt | $ 0 | $ 98,982 | |||||||||||||||
Interest rate | 10.20% | 10.20% | |||||||||||||||
Lesser interest rate | 24.00% | 24.00% |
Convertible Promissory Notes -
Convertible Promissory Notes - Schedule of Calculated Beneficial Conversion Feature (Details) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Mar. 18, 2020 | |
Conversion Price | $ 0.09 | ||
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 368,320 | $ 226,839 | |
Convertible Promissory Note [Member] | |||
Conversion Price | $ 0.09 | $ 0.09 | |
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 5,655,967 | $ 5,655,967 | |
Calculated Beneficial Conversion Feature | 467,500 | 467,500 | |
Convertible Promissory Note [Member] | Beneficial Conversion Feature [Member] | |||
Allocated proceeds of Convertible Promissory Note | $ 509,037 | $ 509,037 | |
Conversion Price | $ 0.09 | $ 0.09 | |
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 5,655,967 | $ 5,655,967 | |
Conversion Price | $ 0.098 | $ 0.098 | |
FMV of Common Stock | 0.263 | 0.263 | |
Per Share Intrinsic Value of Beneficial Conversion Feature | $ 0.165 | $ 0.165 | |
Calculated Beneficial Conversion Feature | $ 933,646 | $ 933,646 |
Convertible Promissory Notes _3
Convertible Promissory Notes - Schedule of Calculated Beneficial Conversion Feature (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Mar. 18, 2020 | |
Conversion Price | $ 0.09 | ||
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 368,320 | $ 226,839 | |
Convertible Promissory Note [Member] | |||
Conversion Price | $ 0.09 | $ 0.09 | |
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 5,655,967 | $ 5,655,967 | |
Calculated Beneficial Conversion Feature | 467,500 | 467,500 | |
Convertible Promissory Note [Member] | Beneficial Conversion Feature [Member] | |||
Allocated proceeds of Convertible Promissory Note | $ 509,037 | $ 509,037 | |
Conversion Price | $ 0.09 | $ 0.09 | |
Number of shares of Common Stock that would be issued upon conversion of Convertible Promissory Note | $ 5,655,967 | $ 5,655,967 | |
Conversion Price | $ 0.098 | $ 0.098 | |
FMV of Common Stock | 0.263 | 0.263 | |
Per Share Intrinsic Value of Beneficial Conversion Feature | $ 0.165 | $ 0.165 | |
Calculated Beneficial Conversion Feature | $ 933,646 | $ 933,646 |
Shareholders' Equity (Deficit)
Shareholders' Equity (Deficit) (Details Narrative) - USD ($) | Apr. 29, 2021 | Apr. 14, 2021 | Apr. 04, 2021 | Apr. 03, 2021 | Apr. 01, 2021 | Jan. 08, 2021 | Feb. 28, 2021 | May 24, 2021 | Mar. 31, 2021 | Mar. 26, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | May 23, 2021 | Dec. 31, 2019 |
Issuance of common stock value | $ 2,970,621 | $ 1,031,670 | ||||||||||||
Number of shares cancelled and refunded | $ 325,000 | |||||||||||||
Warrant exercised | 15,450,693 | |||||||||||||
Proceeds from Issuance of Private Placement | $ 9,311,878 | $ 6,300,000 | ||||||||||||
Common Stock outstanding | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 | ||||||||||
Issuance of shares for services, shares | 150,000 | |||||||||||||
Issuance of shares for services, value | $ 168,910 | |||||||||||||
Share subscriptions payable | $ 372,131 | $ 379,428 | $ 2,159,395 | |||||||||||
Number of warrants or rights outstanding | 57,683,607 | 12,436,301 | ||||||||||||
Prepaid expense | $ 31,250 | $ 31,250 | $ 215,164 | |||||||||||
Stock price per share | $ 0.0001 | $ 0.09 | ||||||||||||
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 | ||||||||||
Common stock par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||||||||
Series A Preferred Stock [Member] | ||||||||||||||
Preferred stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 | |||||||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | |||||||||||
Preferred stock voting rights | Series A preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | Series A preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | ||||||||||||
Series B Preferred Stock [Member] | ||||||||||||||
Preferred stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 | |||||||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | |||||||||||
Subscription Payable [Member] | ||||||||||||||
Issuance of common stock shares | 4,458,333 | |||||||||||||
Issuance of common stock value | $ 511,000 | |||||||||||||
Subscription Payable [Member] | March 5, 2019 [Member] | ||||||||||||||
Issuance of common stock shares | 4,000,000 | 5,686,978 | ||||||||||||
Issuance of common stock value | $ 456,000 | $ 648,147 | ||||||||||||
Convertible Promissory Note [Member] | ||||||||||||||
Issuance of common stock shares | 450,000 | 450,000 | ||||||||||||
Stock price per share | $ 0.27 | $ 0.27 | ||||||||||||
Consulting Services [Member] | ||||||||||||||
Issuance of shares for services, shares | 3,321,154 | |||||||||||||
Issuance of shares for services, value | $ 269,910 | |||||||||||||
Consulting Services One [Member] | ||||||||||||||
Issuance of shares for services, shares | 3,000,000 | |||||||||||||
Issuance of shares for services, value | $ 300,000 | |||||||||||||
Consulting Agreement [Member] | ||||||||||||||
Issuance of shares for services, value | 7,400,000 | |||||||||||||
Share subscriptions payable | $ 111,222 | |||||||||||||
Settlement Agreement [Member] | ||||||||||||||
Issuance of shares for services, shares | 1,240,111 | |||||||||||||
Issuance of shares for services, value | $ 111,610 | |||||||||||||
Settlement Agreement [Member] | Promissory Note Holder [Member] | ||||||||||||||
Warrant exercised | 790,243 | |||||||||||||
Issuance of shares for services, shares | 4,092,431 | |||||||||||||
Issuance of shares for services, value | $ 368,320 | |||||||||||||
Number of warrants or rights outstanding | 790,243 | |||||||||||||
Share Subscription Agreement [Member] | Consultant [Member] | ||||||||||||||
Issuance of common stock shares | 4,000,000 | 4,000,000 | ||||||||||||
Issuance of common stock value | $ 250,000 | $ 250,000 | ||||||||||||
Issuance of shares for services, shares | 4,000,000 | 4,000,000 | ||||||||||||
Issuance of shares for services, value | $ 125,000 | $ 125,000 | ||||||||||||
Debt Purchase Agreement [Member] | ||||||||||||||
Issuance of common stock shares | 4,100,000 | 4,100,000 | ||||||||||||
Issuance of common stock value | $ 457,472 | |||||||||||||
Settlement of debt value | $ 856,080 | $ 856,080 | ||||||||||||
Settlement of debt shares | 2,190,959 | 4,100,000 | ||||||||||||
Subsequent Event [Member] | ||||||||||||||
Issuance of common stock shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | ||||||||||
Issuance of common stock value | $ 2,455,960 | $ 12,130 | ||||||||||||
Number of shares cancelled and refunded, shares | 1,850,000 | |||||||||||||
Warrant exercised | 26,000 | 12,284,800 | ||||||||||||
Issuance of shares for services, shares | 67,000 | 3,000,000 | ||||||||||||
Stock price per share | $ 0.10 | $ 0.09 | ||||||||||||
Subsequent Event [Member] | Consulting Agreement [Member] | ||||||||||||||
Issuance of common stock shares | 1,500,000 | |||||||||||||
Stock price per share | $ 0.10 | |||||||||||||
Subsequent Event [Member] | Settlement Agreement [Member] | ||||||||||||||
Issuance of shares for services, shares | 1,240,111 | |||||||||||||
Share Subscription Payable [Member] | ||||||||||||||
Issuance of common stock value | $ (32,700) | $ 32,701 | ||||||||||||
Number of shares cancelled and refunded | 325,000 | |||||||||||||
Issuance of shares for services, value | ||||||||||||||
Share Subscription Payable [Member] | Consulting Services [Member] | ||||||||||||||
Issuance of shares for services, value | $ 241,559 | |||||||||||||
Share Subscription Payable [Member] | Consulting Agreement [Member] | ||||||||||||||
Issuance of shares for services, shares | 1,522,000 | |||||||||||||
Warrants [Member] | ||||||||||||||
Issuance of common stock shares | 14,559,800 | |||||||||||||
Issuance of common stock value | $ 2,919,975 | |||||||||||||
Issuance of shares for services, shares | 100,000 | |||||||||||||
Issuance of shares for services, value | $ 12,600 | |||||||||||||
Common Stock [Member] | ||||||||||||||
Issuance of common stock shares | 30,048,199 | 9,961,301 | ||||||||||||
Issuance of common stock value | $ 3,005 | $ 996 | ||||||||||||
Number of shares cancelled and refunded, shares | ||||||||||||||
Number of shares cancelled and refunded | ||||||||||||||
Issuance of shares for services, shares | 2,413,022 | |||||||||||||
Issuance of shares for services, value | $ 240 | |||||||||||||
Reg-A public offering [Member] | ||||||||||||||
Issuance of common stock shares | 30,048,199 | |||||||||||||
Number of shares cancelled and refunded, shares | 15,000 | |||||||||||||
Number of shares cancelled and refunded | $ 1,500 | |||||||||||||
Share issuance cost | $ 59,160 | |||||||||||||
Number of warrants | 14,660,450 | |||||||||||||
Warrant exercised | 14,660,450 | |||||||||||||
Reg-A public offering [Member] | Share Subscription Payable [Member] | ||||||||||||||
Issuance of common stock shares | 312,000 | |||||||||||||
Issuance of common stock value | $ 31,200 | |||||||||||||
Private Placement [Member] | ||||||||||||||
Issuance of common stock shares | 30,819,800 | |||||||||||||
Proceeds from Issuance of Private Placement | $ 3,081,981 | |||||||||||||
Common Stock outstanding | 320,000 | |||||||||||||
Private Placement [Member] | Subsequent Event [Member] | ||||||||||||||
Common Stock outstanding | 320,000 | |||||||||||||
Private Placement [Member] | Common Stock [Member] | ||||||||||||||
Issuance of common stock shares | 30,499,800 |
Shareholders' Equity (Deficit_2
Shareholders' Equity (Deficit) (Details Narrative) (10-K) - USD ($) | Apr. 04, 2021 | Apr. 01, 2021 | Jan. 08, 2021 | Mar. 05, 2019 | Feb. 28, 2021 | Jan. 31, 2021 | May 24, 2021 | Mar. 31, 2021 | Mar. 26, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | May 31, 2021 | Apr. 03, 2021 | Dec. 13, 2020 |
Issuance of shares for services, shares | 150,000 | ||||||||||||||
Stock price per share | $ 0.0001 | $ 0.09 | |||||||||||||
Issuance of shares for services, value | $ 168,910 | ||||||||||||||
Issuance of common stock value | $ 2,970,621 | 1,031,670 | |||||||||||||
Prepaid expense | $ 31,250 | $ 31,250 | 215,164 | ||||||||||||
Warrants exercise per share | $ 0.20 | ||||||||||||||
Proceeds from issuance | $ 1,007,617 | $ 30,000 | |||||||||||||
Number of conversion shares, value | |||||||||||||||
Debt conversion of shares | 3,448,025 | ||||||||||||||
Share consolidation transaction | The Company completed a share consolidation of the Company's issued and outstanding common shares based on six (6) pre-consolidation shares to one (1) post-consolidation share. The Consolidation reduced the number of issued and outstanding common shares of the Company from 147,804,298 pre-Consolidation common shares to approximately 24,634,051 post-Consolidation common shares. While the share consolidation occurred during the year ended December 31, 2019, the Company has accounted for the effects retrospectively as such, the schedules and all references to shares, options and warrants throughout the financial statements have been updated to reflect the number of post-consolidation securities. | ||||||||||||||
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 | |||||||||||
Common stock par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | $ 0.0001 | |||||||||||
Series A Preferred Stock [Member] | |||||||||||||||
Preferred stock, shares issued | 1,000 | 1,000 | 0 | ||||||||||||
Preferred stock voting rights | Series A preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | Series A preferred Stock have voting rights equal to 299 shares of common stock, per share of preferred stock. Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | |||||||||||||
Preferred stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 | ||||||||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||||||||||
Series B Preferred Stock [Member] | |||||||||||||||
Preferred stock, shares issued | 1,000 | 1,000 | 0 | ||||||||||||
Preferred stock, shares authorized | 1,100,000 | 1,100,000 | 1,100,000 | ||||||||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||||||||||
Subsequent Event [Member] | |||||||||||||||
Issuance of shares for services, shares | 67,000 | 3,000,000 | |||||||||||||
Stock price per share | $ 0.10 | $ 0.09 | |||||||||||||
Issuance of common stock shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | |||||||||||
Issuance of common stock value | $ 2,455,960 | $ 12,130 | |||||||||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | $ 0.20 | ||||||||||||
Reg-A Public Offering[Member] | |||||||||||||||
Stock price per share | $ 0.10 | ||||||||||||||
Issuance of common stock shares | 9,961,301 | ||||||||||||||
Issuance of common stock value | $ 996,301 | ||||||||||||||
Proceeds from issuance | 1,017,617 | ||||||||||||||
Share issuance cost | $ 55,004 | ||||||||||||||
Reg-A Public Offering[Member] | Subsequent Event [Member] | |||||||||||||||
Stock price per share | $ 0.10 | $ 0.10 | |||||||||||||
Issuance of common stock shares | 30,033,199 | 30,033,199 | |||||||||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | |||||||||||||
Debt conversion of shares | 1 | 1 | |||||||||||||
Common Stock [Member] | |||||||||||||||
Issuance of shares for services, shares | 2,413,022 | ||||||||||||||
Issuance of shares for services, value | $ 240 | ||||||||||||||
Issuance of common stock shares | 30,048,199 | 9,961,301 | |||||||||||||
Issuance of common stock value | $ 3,005 | $ 996 | |||||||||||||
Number of conversion shares | 13,583,397 | ||||||||||||||
Number of conversion shares, value | $ 1,358 | ||||||||||||||
Debt conversion of shares | 4,092,431 | 2,520,434 | |||||||||||||
Common Stock [Member] | Reg-A Public Offering[Member] | |||||||||||||||
Issuance of common stock shares | 327,000 | ||||||||||||||
Issuance of common stock value | $ 32,701 | ||||||||||||||
Common Stock [Member] | Prepaid Advertising Services [Member] | |||||||||||||||
Stock price per share | $ 0.09 | ||||||||||||||
Issuance of common stock shares | 1,333,333 | ||||||||||||||
Issuance of common stock value | $ 120,000 | ||||||||||||||
Common Stock [Member] | |||||||||||||||
Debt conversion of shares | 900,000 | ||||||||||||||
Common Stock [Member] | Prepaid Advertising Services [Member] | |||||||||||||||
Stock price per share | $ 0.07 | ||||||||||||||
Issuance of common stock shares | 240,000 | ||||||||||||||
Issuance of common stock value | $ 16,800 | ||||||||||||||
Warrants [Member] | |||||||||||||||
Issuance of shares for services, shares | 100,000 | ||||||||||||||
Issuance of shares for services, value | $ 12,600 | ||||||||||||||
Issuance of common stock shares | 14,559,800 | ||||||||||||||
Issuance of common stock value | $ 2,919,975 | ||||||||||||||
Debt conversion of shares | 57,683,607 | ||||||||||||||
Share Subscription Agreement [Member] | |||||||||||||||
Issuance of common stock shares | 1,850,000 | 3,723,333 | |||||||||||||
Issuance of common stock value | $ 67,188 | ||||||||||||||
Advertising Service Agreement [Member] | |||||||||||||||
Issuance of common stock shares | 225,000 | ||||||||||||||
Shares of subscription payable, value | $ 21,747 | ||||||||||||||
Advertising Service Agreement [Member] | Subsequent Event [Member] | |||||||||||||||
Issuance of common stock shares | 225,000 | ||||||||||||||
Advertising Service Agreement [Member] | Warrants [Member] | |||||||||||||||
Issuance of common stock shares | 225,000 | ||||||||||||||
Warrant description | The warrants are convertible at a ratio of 1:1 and are exercisable until December 31, 2021 at $0.20 per warrant. | ||||||||||||||
Warrants exercise per share | $ 0.20 | ||||||||||||||
Warrants issued | $ 16,503 | ||||||||||||||
Debt Purchase Agreement [Member] | |||||||||||||||
Issuance of common stock shares | 4,100,000 | 4,100,000 | |||||||||||||
Issuance of common stock value | $ 457,472 | ||||||||||||||
Settlement of debt value | $ 856,080 | $ 856,080 | |||||||||||||
Settlement of debt shares | 2,190,959 | 4,100,000 | |||||||||||||
Legal Settlement Agreement [Member] | Investor [Member] | |||||||||||||||
Stock issued for stock split | $ 325,000 | ||||||||||||||
Legal Settlement Agreement [Member] | Investor [Member] | Post Stock Split [Member] | |||||||||||||||
Stock issued for stock split, shares | 4,166,667 | ||||||||||||||
Legal Settlement Agreement [Member] | Investor [Member] | Pre-Stock Split [Member] | |||||||||||||||
Stock issued for stock split, shares | 25,000,000 | ||||||||||||||
Settlement Agreement [Member] | |||||||||||||||
Issuance of shares for services, shares | 1,240,111 | ||||||||||||||
Issuance of shares for services, value | $ 111,610 | ||||||||||||||
Settlement Agreement [Member] | Subsequent Event [Member] | |||||||||||||||
Issuance of shares for services, shares | 1,240,111 | ||||||||||||||
Settlement Agreement [Member] | Investor [Member] | Post Stock Split [Member] | |||||||||||||||
Stock issued for stock split | 990,742 | ||||||||||||||
Settlement Agreement [Member] | Investor [Member] | Pre-Stock Split [Member] | |||||||||||||||
Stock issued for stock split | $ 19,055,551 | ||||||||||||||
Investment and Co-operation Agreement [Member] | |||||||||||||||
Stock price per share | $ 0.11 | ||||||||||||||
Obligated to issue an additional shares | 8,465,608 | ||||||||||||||
Obligated to issue an additional | $ 965,079 | ||||||||||||||
Recognized a non-cash deemed dividend | $ 965,079 | ||||||||||||||
Subscription Payable [Member] | |||||||||||||||
Issuance of common stock shares | 4,458,333 | ||||||||||||||
Issuance of common stock value | $ 511,000 | ||||||||||||||
Subscription Payable [Member] | March 5, 2019 [Member] | |||||||||||||||
Issuance of common stock shares | 4,000,000 | 5,686,978 | |||||||||||||
Issuance of common stock value | $ 456,000 | $ 648,147 | |||||||||||||
Convertible Promissory Note [Member] | |||||||||||||||
Stock price per share | $ 0.27 | $ 0.27 | |||||||||||||
Issuance of common stock shares | 450,000 | 450,000 | |||||||||||||
Number of conversion shares | 2,520,434 | ||||||||||||||
Number of conversion shares, value | $ 226,839 | ||||||||||||||
Debt conversion of shares | 2,520,434 | ||||||||||||||
Consultant [Member] | |||||||||||||||
Issuance of shares for services, shares | 2,413,022 | 2,778,629 | |||||||||||||
Stock price per share | $ 0.07 | $ 0.02 | |||||||||||||
Issuance of shares for services, value | $ 168,910 | $ 55,573 | |||||||||||||
Issuance of common stock shares | 1,500,000 | ||||||||||||||
Issuance of common stock value | $ 30,000 | ||||||||||||||
Consultant [Member] | Share Subscription Agreement [Member] | |||||||||||||||
Shares of subscription payable, value | $ 30,000 | ||||||||||||||
Consultant [Member] | Subscription Payable [Member] | |||||||||||||||
Issuance of common stock shares | 1,901,455 | ||||||||||||||
Issuance of common stock value | $ 290,730 | ||||||||||||||
Consultant [Member] | Share Subscription Agreement [Member] | |||||||||||||||
Issuance of shares for services, shares | 4,000,000 | 4,000,000 | |||||||||||||
Issuance of shares for services, value | $ 125,000 | $ 125,000 | |||||||||||||
Issuance of common stock shares | 4,000,000 | 4,000,000 | |||||||||||||
Issuance of common stock value | $ 250,000 | $ 250,000 | |||||||||||||
Consultant [Member] | Share Subscription Agreement [Member] | |||||||||||||||
Issuance of shares for services, shares | 1,246,154 | ||||||||||||||
Issuance of shares for services, value | $ 162,000 | ||||||||||||||
Issuance of common stock shares | |||||||||||||||
Prepaid expense | $ 18,900 | ||||||||||||||
Consultant [Member] | Share Subscription Agreement [Member] | Subsequent Event [Member] | |||||||||||||||
Issuance of common stock shares | 1,246,154 | ||||||||||||||
Consultant One [Member] | Share Subscription Agreement [Member] | |||||||||||||||
Issuance of common stock shares | 11,337,479 | ||||||||||||||
Issuance of common stock value | $ 1,123,147 | ||||||||||||||
Steven Rossi [Member] | Series A Preferred Stock [Member] | |||||||||||||||
Stock price per share | $ 0.09 | ||||||||||||||
Issuance of common stock shares | 299,000 | 13,583,397 | |||||||||||||
Preferred stock, shares issued | 1,000 | ||||||||||||||
Preferred stock voting rights | Steven Rossi (the Company's CEO) was issued 1,000 Series A Preferred Shares at $0.09 per share equal to 299,000 common shares voting rights. | ||||||||||||||
Debt conversion of shares | 1,000,000 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Salaries expense | $ 43,709 | |||
Related party loan | $ 3,940 | 23,393 | 28,638 | |
Chief Executive Officer [Member] | ||||
Salaries expense | 49,783 | $ 16,126 | 64,903 | 65,589 |
Repayments to related parties | $ 5,245 | |||
Chief Executive Officer [Member] | U.S. Based Corporation [Member] | ||||
Incurred payable | 53,403 | $ 112,665 | ||
Chief Executive Officer and Director [Member] | ||||
Repayments to related parties | 19,453 | |||
Related party loan | 7,317 | |||
Director [Member] | ||||
Repayments to related parties | $ 50,000 |
Related Party Transactions (D_2
Related Party Transactions (Details Narrative) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Related party loan | $ 3,940 | $ 23,393 | $ 28,638 | |
Salaries expense | 43,709 | |||
CEO and Director [Member] | ||||
Repayments to related parties | 5,245 | |||
Salaries expense | 49,783 | $ 16,126 | $ 64,903 | 65,589 |
CEO and Director [Member] | US Based Corporation [Member] | ||||
Incurred payable | $ 53,403 | $ 112,665 |
Income Taxes (Details Narrative
Income Taxes (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Net operating loss carryforwards | $ 5,897,000 | |
Operating loss carryforwards, expiration description | These net operating loss carryforwards of approximately $5,897,000 may be offset against future taxable income for the years 2021 through 2040. | |
Accruals for interest and tax penalties | ||
Cumulative Non-Capital Losses [Member] | ||
Net operating loss carryforwards | $ 5,897,000 |
Income Taxes - Schedule of Reco
Income Taxes - Schedule of Reconciliation of Income Tax (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income Tax Disclosure [Abstract] | ||||
Net loss before income taxes | $ (1,187,620) | $ (359,034) | ||
Depreciation | 26,962 | (10,956) | ||
Non-deductible portion of meals and entertainment | 586 | 1,115 | ||
Expenses paid in shares | 415,666 | |||
Interest on lease liability | $ 915 | $ 1,460 | 5,039 | 2,706 |
Lease payments | (31,292) | |||
Gain on impairment | 54,292 | |||
Gain Settlement of Debt | (184,868) | (250,778) | ||
Adjusted net loss for tax purposes | $ (955,527) | $ (565,362) | ||
Statutory rate | 25.60% | 24.63% | ||
Tax expense (benefit) at the statutory rate | $ (244,658) | $ (139,248) | ||
Increase in valuation allowance | 244,658 | 139,248 | ||
Provision for income taxes |
Income Taxes - Schedule of Defe
Income Taxes - Schedule of Deferred Income Tax Assets (Details) (10-K) - USD ($) | Dec. 31, 2020 | Dec. 31, 2019 |
Income Tax Disclosure [Abstract] | ||
Net operating loss carry forwards | $ 1,365,333 | $ 1,113,488 |
Transaction costs | ||
Gross deferred tax asset | 1,365,333 | 1,113,488 |
Deferred tax assets not recognized | (1,365,333) | (1,113,488) |
Net deferred tax asset |
Income Taxes - Schedule of Cumu
Income Taxes - Schedule of Cumulative Non-capital Losses (Details) (10-K) | 12 Months Ended |
Dec. 31, 2020USD ($) | |
2034 | $ 236,000 |
2035 | 529,000 |
2036 | 1,130,000 |
2037 | 1,531,000 |
2038 | 951,000 |
2039 | 565,000 |
2040 | 955,000 |
Non-capital losses carried forward, Total | 5,897,000 |
United States [Member] | |
2034 | 53,000 |
2035 | 161,000 |
2036 | 868,000 |
2037 | 1,472,000 |
2038 | 431,000 |
2039 | 372,000 |
2040 | 237,000 |
Non-capital losses carried forward, Total | 3,594,000 |
Canada [Member] | |
2034 | 183,000 |
2035 | 368,000 |
2036 | 262,000 |
2037 | 59,000 |
2038 | 520,000 |
2039 | 193,000 |
2040 | 718,000 |
Non-capital losses carried forward, Total | $ 2,303,000 |
Financial Instruments (Details
Financial Instruments (Details Narrative) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Concentration of revenues | $ 7,650 | $ 41,027 | $ 346,144 | $ 1,926,405 |
Customer Concentration Risk [Member] | Sales Revenue [Member] | Customer A [Member] | ||||
Concentration of risk, percentage | 0.00% | 89.00% | ||
Concentration of revenues | $ 1,912,401 | |||
Customer Concentration Risk [Member] | Sales Revenue [Member] | Customer B [Member] | ||||
Concentration of risk, percentage | 51.00% | |||
Concentration of revenues | $ 190,313 | |||
Customer Concentration Risk [Member] | Sales Revenue [Member] | Customer C [Member] | ||||
Concentration of risk, percentage | 26.00% | 3.00% | ||
Concentration of revenues | $ 97,514 | $ 67,018 |
Financial Instruments - Schedul
Financial Instruments - Schedule of Significant Customer Risk Percentage (Details) (10-K) - Customer Concentration Risk [Member] | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Concentration of revenues | 77.00% | 92.00% |
Sales Revenue [Member] | Customer A [Member] | ||
Concentration of revenues | 0.00% | 89.00% |
Sales Revenue [Member] | Customer B [Member] | ||
Concentration of revenues | 51.00% | 0.00% |
Sales Revenue [Member] | Customer C [Member] | ||
Concentration of revenues | 26.00% | 3.00% |
Changes in Cash Flows from Op_3
Changes in Cash Flows from Operating Assets and Liabilities - Schedule of Changes in Operating Assets and Liabilities (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||
Decrease (increase) in accounts receivable | $ 106,349 | $ (24,279) | $ (119,813) | $ 48,908 |
Decrease (increase) in other receivable | 135,307 | 1,391 | (121,396) | (54,821) |
Decrease (increase) in inventory | (252,529) | 17,441 | 72,353 | 122,067 |
Decrease (increase) in prepaid expenses and deposits | (64,594) | 8,281 | 43,201 | 63,373 |
Increase (decrease) in lease liability | (27,718) | (8,392) | ||
Increase (decrease) in income taxes payable | 2,970 | 11,372 | (45,521) | |
Increase (decrease) in accounts payable and accrued liabilities | (4,862) | (44,567) | (59,284) | 405,214 |
Changes in operating assets and liabilities | $ (76,510) | $ (49,458) | $ (201,284) | $ 539,220 |
Changes in Cash Flows from Op_4
Changes in Cash Flows from Operating Assets and Liabilities - Schedule of Changes in Operating Assets and Liabilities (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||
Decrease (increase) in accounts receivable | $ 106,349 | $ (24,279) | $ (119,813) | $ 48,908 |
Decrease (increase) in other receivable | 135,307 | 1,391 | (121,396) | (54,821) |
Decrease (increase) in inventory and prepaid inventory | (252,529) | 17,441 | 72,353 | 122,067 |
Decrease (increase) in prepaid expenses and deposits | (64,594) | 8,281 | 43,201 | 63,373 |
Increase (decrease) in lease liability | 850 | (7,725) | ||
Increase (decrease) in payroll taxes payable | 2,970 | 11,372 | (45,521) | |
Increase (decrease) in accounts payable and accrued liabilities | (4,862) | (44,567) | (59,284) | 405,214 |
Changes in operating assets and liabilities | $ (76,510) | $ (49,458) | $ (201,284) | $ 539,220 |
Commitments and contingencies (
Commitments and contingencies (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Number of reserve shares of common stock for consulting services | 150,000 | |
Share issued price per shares | $ 0.0001 | $ 0.09 |
Common shares reserved for future Issuance | 250,000 | |
Supplier [Member] | March 1, 2020 [Member] | ||
Payments of legal settlement | $ 6,037 | |
Supplier [Member] | June 1, 2020 [Member] | ||
Payments of legal settlement | $ 24,148 | |
Third Party [Member] | ||
Number of reserve shares of common stock for consulting services | 100,000 | |
Share issued price per shares | $ 0.0001 |
Commitments (Details Narrative)
Commitments (Details Narrative) (10-K) - $ / shares | 3 Months Ended | 12 Months Ended |
Mar. 31, 2021 | Dec. 31, 2020 | |
Number of reserve shares of common stock for consulting services | 150,000 | |
Share issued price per shares | $ 0.0001 | $ 0.09 |
Third Party [Member] | ||
Number of reserve shares of common stock for consulting services | 100,000 | |
Share issued price per shares | $ 0.0001 |
Gain (Loss) on Settlement of _2
Gain (Loss) on Settlement of Debt (Details Narrative) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | |||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | Mar. 18, 2020 | |
Debt conversion of shares | 3,448,025 | ||||
Conversion price per share | $ 0.09 | ||||
Debt conversion of shares, value | $ 368,320 | $ 226,839 | |||
Gain (Loss) on Extinguishment of Debt | $ 9,207 | 184,868 | $ 250,778 | ||
Legal Settlement Agreement [Member] | Investor [Member] | |||||
Gain (Loss) on Extinguishment of Debt | $ 229,142 | ||||
Legal Settlement Agreement [Member] | Investor [Member] | Post Stock Split [Member] | |||||
Stock issued for stock split, shares | 4,166,667 | ||||
Number of shares returned treasury to cancelled | 990,742 | ||||
Legal Settlement Agreement [Member] | Investor [Member] | Pre-Stock Split [Member] | |||||
Stock issued for stock split, shares | 25,000,000 | ||||
Legal Settlement Agreement [Member] | Individual Investor [Member] | |||||
Number of reserved shares released and returned | 19,055,551 | ||||
Legal Settlement Agreement [Member] | Individual Investor [Member] | Pre-Stock Split [Member] | |||||
Number of shares returned treasury to cancelled | 5,944,449 | ||||
Convertible Promissory Note [Member] | |||||
Debt conversion of shares | 2,520,434 | ||||
Conversion price per share | $ 0.09 | ||||
Debt conversion of shares, value | $ 226,839 | ||||
Original value of note | 182,565 | ||||
Gain (Loss) on Extinguishment of Debt | $ 44,274 |
Contingent Liability (Details N
Contingent Liability (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Settlement of outstanding notes payable | $ 56,723 | |
Settlement of common shares | 1,500,000 | |
Canadian Dollars [Member] | ||
Settlement of outstanding notes payable | $ 75,000 | |
Supplier [Member] | March 1, 2020 [Member] | ||
Payments of legal settlement | $ 6,037 | |
Supplier [Member] | June 1, 2020 [Member] | ||
Payments of legal settlement | $ 24,148 |
Reverse Stock Split (Details Na
Reverse Stock Split (Details Narrative) (10-K) | Mar. 29, 2019 |
FINRA [Member] | |
Reverse stock split of common shares | FINRA declared the 1 for 6 reverse stock split effective on March 29, 2019. |
Investment (Details Narrative)
Investment (Details Narrative) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Issuance of common stock value | $ 2,970,621 | $ 1,031,670 | |
Equity method investment, percentage | 10.00% | ||
Advanced receivable for stock issuance | $ 15,658 | ||
Agreement to Purchase [Member] | |||
Issuance of common stock shares | 10,000,000 | ||
Issuance of common stock value | $ 50,000 |
Lease Liabilities (Details Narr
Lease Liabilities (Details Narrative) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Monthly lease payments | $ 31,292 | |
Lease Agreement [Member] | ||
Operating lease, maturity date | Jul. 31, 2022 | |
Monthly lease payments | $ 2,221 | |
Incremental borrowing rate | 10.00% |
Lease Liabilities (Details Na_2
Lease Liabilities (Details Narrative) (10-K) - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Monthly lease payments | $ 31,292 | |
Lease Agreement [Member] | ||
Operating lease, maturity date | Jul. 31, 2022 | |
Monthly lease payments | $ 2,221 | |
Incremental borrowing rate | 10.00% |
Lease Liabilities - Schedule Ri
Lease Liabilities - Schedule Right-of-use Asset (Details) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Jan. 02, 2019 |
Leases [Abstract] | ||||
Right-of-use asset | $ 32,757 | $ 38,506 | $ 60,125 | $ 68,516 |
Current lease liability | 24,485 | 23,883 | 22,000 | |
Long-term lease liability | $ 8,272 | $ 14,624 | $ 39,185 |
Lease Liabilities - Schedule _2
Lease Liabilities - Schedule Right-of-use Asset (Details) (10-K) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Jan. 02, 2019 |
Leases [Abstract] | ||||
Right-of-use asset | $ 32,757 | $ 38,506 | $ 60,125 | $ 68,516 |
Current lease liability | 24,485 | 23,883 | 22,000 | |
Long-term lease liability | $ 8,272 | $ 14,624 | $ 39,185 |
Lease Liabilities - Schedule of
Lease Liabilities - Schedule of Components of Lease Expense (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Leases [Abstract] | ||||
Amortization of right-of-use | $ 5,749 | $ 22,164 | $ 21,619 | $ 11,107 |
Interest on lease liability | 915 | 4,494 | 5,039 | 2,716 |
Total lease cost | $ 6,664 | $ 26,658 | $ 26,658 | $ 13,823 |
Lease Liabilities - Schedule _3
Lease Liabilities - Schedule of Components of Lease Expense (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Leases [Abstract] | ||||
Amortization of right-of-use | $ 5,749 | $ 22,164 | $ 21,619 | $ 11,107 |
Interest on lease liability | 915 | 4,494 | 5,039 | 2,716 |
Total lease cost | $ 6,664 | $ 26,658 | $ 26,658 | $ 13,823 |
Lease Liabilities - Schedule _4
Lease Liabilities - Schedule of Future Minimum Lease Payments (Details) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Jan. 02, 2019 |
Leases [Abstract] | ||||
2021 | $ 19,994 | $ 26,658 | ||
2022 | 15,551 | 15,551 | ||
Total future minimum lease payments | 35,545 | 42,209 | ||
Less: amount representing interest | (2,787) | (3,702) | ||
Present value of future payments | 32,758 | 38,507 | $ 68,516 | |
Current portion | 24,485 | 23,883 | $ 22,000 | |
Long term portion | $ 8,272 | $ 14,624 | $ 39,185 |
Lease Liabilities - Schedule _5
Lease Liabilities - Schedule of Future Minimum Lease Payments (Details) (10-K) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Jan. 02, 2019 |
Leases [Abstract] | ||||
2021 | $ 19,994 | $ 26,658 | ||
2022 | 15,551 | 15,551 | ||
Total future minimum lease payments | 35,545 | 42,209 | ||
Less: amount representing interest | (2,787) | (3,702) | ||
Present value of future payments | 32,758 | 38,507 | $ 68,516 | |
Current portion | 24,485 | 23,883 | $ 22,000 | |
Long term portion | $ 8,272 | $ 14,624 | $ 39,185 |
Loan Payable (Details Narrative
Loan Payable (Details Narrative) | Apr. 01, 2021shares | Feb. 28, 2021shares | May 24, 2021shares | Mar. 31, 2021USD ($)$ / sharesshares | Mar. 26, 2021$ / sharesshares | Dec. 31, 2020USD ($)$ / shares | Dec. 31, 2020CAD ($) | Mar. 31, 2021CAD ($) | Jan. 08, 2021$ / shares | Mar. 31, 2020USD ($) |
Loan received amount | $ 28,397 | |||||||||
Stock price per share | $ / shares | $ 0.0001 | $ 0.09 | ||||||||
Accrued interest | $ 6,018 | $ 0 | ||||||||
Debt description | The Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | The Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | ||||||||
Loan forgiveness percentage | 25.00% | 25.00% | ||||||||
Loans payable | $ 28,387 | |||||||||
CDN [Member] | ||||||||||
Loan received amount | $ 40,000 | |||||||||
Loans payable | $ 40,000 | |||||||||
Subsequent Event [Member] | ||||||||||
Number of shares issued | shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | ||||||
Stock price per share | $ / shares | $ 0.09 | $ 0.10 | ||||||||
Loans Payable [Member] | ||||||||||
Number of shares issued | shares | 1,240,111 | |||||||||
Stock price per share | $ / shares | $ 0.09 | |||||||||
Accrued interest | $ 1,319 | |||||||||
Principal amount | 150,439 | |||||||||
Interest outstanding | 7,336 | |||||||||
Gain on settlement | $ 46,176 | |||||||||
Debt description | The Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | |||||||||
Loan forgiveness percentage | 25.00% | |||||||||
Unrelated Third Party One [Member] | ||||||||||
Loan received amount | $ 32,439 | |||||||||
Debt maturity date | Dec. 31, 2021 | Dec. 31, 2021 | ||||||||
Unrelated Third Party Two[Member] | ||||||||||
Loan received amount | $ 10,000 | |||||||||
Debt maturity date | Jul. 31, 2021 | Jul. 31, 2021 | ||||||||
Unrelated Third Party Third [Member] | ||||||||||
Loan received amount | $ 108,000 | |||||||||
Debt maturity date | Aug. 31, 2021 | Aug. 31, 2021 | ||||||||
Unrelated Third Party [Member] | ||||||||||
Interest rate percentage | 10.00% |
Loan Payable (Details Narrati_2
Loan Payable (Details Narrative) (10-K) | Apr. 01, 2021shares | Feb. 28, 2021shares | May 24, 2021shares | Mar. 26, 2021$ / sharesshares | Dec. 31, 2020USD ($)$ / shares | Dec. 31, 2020CAD ($) | Mar. 31, 2021$ / shares | Jan. 08, 2021$ / shares | Mar. 31, 2020USD ($) |
Loan received amount | $ 28,397 | ||||||||
Stock price per share | $ / shares | $ 0.09 | $ 0.0001 | |||||||
Debt description | The Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | The Company received $28,397 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | |||||||
Loan forgiveness percentage | 25.00% | 25.00% | |||||||
Accrued interest | $ 6,018 | $ 0 | |||||||
CDN [Member] | |||||||||
Loan received amount | $ 40,000 | ||||||||
Subsequent Event [Member] | |||||||||
Number of shares issued | shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | |||||
Stock price per share | $ / shares | $ 0.09 | $ 0.10 | |||||||
Unrelated Third Party One [Member] | |||||||||
Loan received amount | $ 32,439 | ||||||||
Debt maturity date | Dec. 31, 2021 | Dec. 31, 2021 | |||||||
Unrelated Third Party Two[Member] | |||||||||
Loan received amount | $ 10,000 | ||||||||
Debt maturity date | Jul. 31, 2021 | Jul. 31, 2021 | |||||||
Unrelated Third Party Third [Member] | |||||||||
Loan received amount | $ 108,000 | ||||||||
Debt maturity date | Aug. 31, 2021 | Aug. 31, 2021 | |||||||
Unrelated Third Party [Member] | |||||||||
Interest rate percentage | 10.00% |
Government Assistance (Details
Government Assistance (Details Narrative) - 3 months ended Mar. 31, 2021 - Canada Emergency Wage Subsidy [Member] | USD ($) | CAD ($) |
Subsidy received | $ 21,704 | |
CDN [Member] | ||
Subsidy received | $ 27,534 |
Loss per Share (Details Narrati
Loss per Share (Details Narrative) - $ / shares | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Earnings per share basic and diluted | $ (0.01) | $ 0 | $ (0.02) | $ (0.01) |
Weighted average number of shares basic and diluted | 103,101,944 | 43,129,884 | 54,690,611 | 36,824,519 |
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 |
Common stock, shares issued | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 |
Common stock, shares outstanding | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 |
Shares to be issued | 12,304,095 | 6,831,489 | ||
Warrants convertible shares | 12,436,301 | |||
Conversion of stock | 12,436,301 | |||
Debt conversion of shares | 3,448,025 | |||
Convertible Promissory Note [Member] | ||||
Conversion of stock | 2,207,946 | |||
Debt conversion of shares | 3,107,946 | |||
Warrants [Member] | ||||
Conversion of stock | 57,683,607 | |||
Debt conversion of shares | 57,683,607 | |||
Common Stock [Member] | ||||
Conversion of stock | 900,000 | |||
Debt conversion of shares | 900,000 |
Loss Per Share (Details Narra_2
Loss Per Share (Details Narrative) (10-K) - $ / shares | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Earnings Per Share [Abstract] | ||||
Earnings per share basic and diluted | $ (0.01) | $ 0 | $ (0.02) | $ (0.01) |
Weighted average number of shares basic and diluted | 103,101,944 | 43,129,884 | 54,690,611 | 36,824,519 |
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 |
Common stock, shares issued | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 |
Common stock, shares outstanding | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 |
Shares to be issued | 12,304,095 | 6,831,489 | ||
Warrants convertible shares | 12,436,301 | |||
Conversion of stock | 12,436,301 | |||
Debt conversion of shares | 3,448,025 | |||
Total underlying common shares | 15,884,326 |
Warrants (Details Narrative)
Warrants (Details Narrative) - USD ($) | Apr. 03, 2021 | Apr. 03, 2021 | Feb. 28, 2021 | Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | May 31, 2021 | Apr. 24, 2021 |
Warrants exercised | 15,450,693 | ||||||||
Stock Issued | $ 241,559 | $ 372,990 | |||||||
Warrants exercise per share | $ 0.20 | ||||||||
Warrants exercised cashless basis | 790,243 | ||||||||
Common Stock, Shares, Issued | 162,763,986 | 49,006,583 | 76,412,359 | 41,906,790 | |||||
Debt conversion of shares | 3,448,025 | ||||||||
Warrant Agreement [Member] | |||||||||
Warrants exercise per share | $ 2 | ||||||||
Debt conversion of shares | 1 | ||||||||
Warrant term | 5 years | ||||||||
Additional warrants issued | 250,000 | ||||||||
Warrant Agreement [Member] | Warrant Holder [Member] | |||||||||
Additional warrants issued | 150,000 | ||||||||
Subsequent Event [Member] | |||||||||
Warrants exercised | 26,000 | 12,284,800 | |||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | $ 0.20 | $ 0.20 | |||||
Common Stock [Member] | |||||||||
Stock Issued | $ 15,450,693 | ||||||||
Debt conversion of shares | 4,092,431 | 2,520,434 | |||||||
Common Stock [Member] | Subsequent Event [Member] | |||||||||
Stock Issued | $ 26,000 | ||||||||
Warrants One [Member] | |||||||||
Warrants exercised | 14,660,450 | ||||||||
Warrants exercise per share | $ 0.20 | ||||||||
Common Stock, Shares, Issued | 15,390,043 | ||||||||
Warrant term | 12 months | ||||||||
Warrants One [Member] | Subsequent Event [Member] | |||||||||
Common Stock, Shares, Issued | 60,650 | ||||||||
Warrants Two [Member] | |||||||||
Warrants exercise per share | $ 0.20 | ||||||||
Warrants issued | 30,499,800 | ||||||||
Debt conversion of shares | 1 | ||||||||
Warrant term | 18 months |
Warrants (Details Narrative) (1
Warrants (Details Narrative) (10-K) - $ / shares | 3 Months Ended | 11 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 13, 2020 | Dec. 31, 2020 | May 31, 2021 | |
Warrants issued | 57,683,607 | 12,436,301 | ||
Debt conversion of shares | 3,448,025 | |||
Warrants exercise per share | $ 0.20 | |||
Warrants exercise | 15,450,693 | |||
1,250,000 Warrants [Member] | ||||
Warrants issued | 900,000 | |||
Debt conversion of shares | 1 | |||
Warrant term | 5 years | |||
Warrants exercise per share | $ 0.10 | |||
Warrants exercise | 790,243 | |||
Warrants Two [Member] | ||||
Warrants issued | 1,250,000 | |||
Debt conversion of shares | 1 | |||
Warrants exercise per share | $ 0.12 | |||
Warrants maturity date | Mar. 30, 2025 | |||
Additional warrants issued | 150,000 | |||
Warrants Three [Member] | ||||
Warrants issued | 100,000 | |||
Debt conversion of shares | 1 | |||
Warrants exercise per share | $ 2 | |||
Warrants maturity date | Apr. 29, 2022 | |||
Additional warrants issued | 150,000 | |||
Warrants Four [Member] | ||||
Warrants issued | 225,000 | |||
Debt conversion of shares | 1 | |||
Warrants exercise per share | $ 0.20 | |||
Warrants maturity date | Dec. 1, 2021 | |||
Warrants Five [Member] | ||||
Warrants issued | 9,961,301 | |||
Debt conversion of shares | 1 | |||
Warrants exercise per share | $ 0.20 | |||
Warrants maturity date | Dec. 22, 2021 |
Warrants - Schedule of Warrants
Warrants - Schedule of Warrants Exercise Price (Details) - $ / shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | May 31, 2021 | |
Exercise price | $ 0.20 | ||
Number outstanding | 57,683,607 | 12,436,301 | |
Weighted average life (years) | 2 years 11 days | 2 years 3 months 26 days | |
Warrants One [Member] | |||
Exercise price | $ 0.20 | $ 0.20 | |
Number outstanding | 225,000 | 225,000 | |
Weighted average life (years) | 8 months 2 days | 11 months 1 day | |
Warrants maturity date | Dec. 1, 2021 | Dec. 1, 2021 | |
Warrants Two [Member] | |||
Exercise price | $ 0.20 | $ 0.20 | |
Number outstanding | 25,349,050 | 9,961,301 | |
Weighted average life (years) | 9 months 18 days | 11 months 23 days | |
Warrants maturity date | Feb. 24, 2022 | Dec. 22, 2021 | |
Warrants Three [Member] | |||
Exercise price | $ 2 | $ 2 | |
Number outstanding | 250,000 | 100,000 | |
Weighted average life (years) | 1 year 3 months 29 days | 1 year 3 months 29 days | |
Warrants maturity date | Apr. 29, 2022 | Apr. 29, 2022 | |
Warrants Four [Member] | |||
Exercise price | $ 0.10 | $ 0.10 | |
Number outstanding | 109,757 | 900,000 | |
Weighted average life (years) | 3 years 10 months 28 days | 4 years 1 month 27 days | |
Warrants maturity date | Feb. 25, 2025 | Feb. 25, 2025 | |
Warrants Five [Member] | |||
Exercise price | $ 0.12 | $ 0.12 | |
Number outstanding | 1,250,000 | 1,250,000 | |
Weighted average life (years) | 3 years 11 months 19 days | 4 years 2 months 19 days | |
Warrants maturity date | Mar. 20, 2025 | Mar. 20, 2025 | |
Warrants Six [Member] | |||
Exercise price | $ 0.20 | ||
Number outstanding | 30,499,800 | ||
Weighted average life (years) | 1 year 6 months | ||
Warrants maturity date | Oct. 1, 2022 |
Warrants - Schedule of Warran_2
Warrants - Schedule of Warrants Exercise Price (Details) (10-K) - $ / shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | May 31, 2021 | |
Exercise price | $ 0.20 | ||
Number outstanding | 57,683,607 | 12,436,301 | |
Weighted average life (years) | 2 years 11 days | 2 years 3 months 26 days | |
Warrants One [Member] | |||
Exercise price | $ 0.20 | $ 0.20 | |
Number outstanding | 225,000 | 225,000 | |
Weighted average life (years) | 8 months 2 days | 11 months 1 day | |
Warrants maturity date | Dec. 1, 2021 | Dec. 1, 2021 | |
Warrants Two [Member] | |||
Exercise price | $ 0.20 | $ 0.20 | |
Number outstanding | 25,349,050 | 9,961,301 | |
Weighted average life (years) | 9 months 18 days | 11 months 23 days | |
Warrants maturity date | Feb. 24, 2022 | Dec. 22, 2021 | |
Warrants Three [Member] | |||
Exercise price | $ 2 | $ 2 | |
Number outstanding | 250,000 | 100,000 | |
Weighted average life (years) | 1 year 3 months 29 days | 1 year 3 months 29 days | |
Warrants maturity date | Apr. 29, 2022 | Apr. 29, 2022 | |
Warrants Four [Member] | |||
Exercise price | $ 0.10 | $ 0.10 | |
Number outstanding | 109,757 | 900,000 | |
Weighted average life (years) | 3 years 10 months 28 days | 4 years 1 month 27 days | |
Warrants maturity date | Feb. 25, 2025 | Feb. 25, 2025 | |
Warrants Five [Member] | |||
Exercise price | $ 0.12 | $ 0.12 | |
Number outstanding | 1,250,000 | 1,250,000 | |
Weighted average life (years) | 3 years 11 months 19 days | 4 years 2 months 19 days | |
Warrants maturity date | Mar. 20, 2025 | Mar. 20, 2025 |
Warrants - Schedule of Warran_3
Warrants - Schedule of Warrants Activity (Details) - $ / shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Warrants and Rights Note Disclosure [Abstract] | |||
Number of warrants, Balance, beginning of year | 12,436,301 | ||
Number of warrants, Issuance | 60,697,999 | 12,436,301 | |
Number of warrants, Exercise | (15,450,693) | ||
Number of warrants, Balance, end of period | 57,683,607 | 12,436,301 | |
Weighted average price, Balance, beginning of year | $ 0.52 | ||
Weighted average price, Issuance | 0.21 | 0.52 | |
Weighted average price, Exercise | (0.19) | ||
Weighted average price, Balance, end of period | $ .22 | $ 0.52 |
Warrants - Schedule of Warran_4
Warrants - Schedule of Warrants Activity (Details) (10-K) - $ / shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Warrants and Rights Note Disclosure [Abstract] | |||
Number of warrants, Balance, beginning of year | 12,436,301 | ||
Number of warrants, Issuance | 60,697,999 | 12,436,301 | |
Number of warrants, Balance, end of period | 57,683,607 | 12,436,301 | |
Weighted average price, Balance, beginning of year | $ 0.52 | ||
Weighted average price, Issuance | 0.21 | 0.52 | |
Weighted average price, Balance, end of period | $ .22 | $ 0.52 |
Warrants - Schedule of Black-sc
Warrants - Schedule of Black-scholes Pricing Model Using Assumption for Warrants (Details) (10-K) | May 31, 2021$ / shares | Mar. 31, 2021$ / shares | Dec. 31, 2020$ / shares |
Warrants and rights outstanding, exercise price | $ 0.20 | ||
Warrants One [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.20 | $ 0.20 | |
Warrants One [Member] | Discount Rate [Member] | |||
Warrants and rights outstanding, measurement input | 1.16 | ||
Warrants One [Member] | Expected Volatility [Member] | |||
Warrants and rights outstanding, measurement input | 255 | ||
Warrants One [Member] | Expected Life (years) [Member] | |||
Warrants and rights outstanding, term | 5 years | ||
Warrants One [Member] | Exercise Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.10 | ||
Warrants One [Member] | Stock Price [Member] | |||
Warrants and rights outstanding, exercise price | 0.27 | ||
Warrants Two [Member] | |||
Warrants and rights outstanding, exercise price | 0.20 | $ 0.20 | |
Warrants Two [Member] | Discount Rate [Member] | |||
Warrants and rights outstanding, measurement input | 0.025 | ||
Warrants Two [Member] | Expected Volatility [Member] | |||
Warrants and rights outstanding, measurement input | 249 | ||
Warrants Two [Member] | Expected Life (years) [Member] | |||
Warrants and rights outstanding, term | 5 years | ||
Warrants Two [Member] | Exercise Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.12 | ||
Warrants Two [Member] | Stock Price [Member] | |||
Warrants and rights outstanding, exercise price | 0.06 | ||
Warrants Three [Member] | |||
Warrants and rights outstanding, exercise price | 2 | $ 2 | |
Warrants Three [Member] | Discount Rate [Member] | |||
Warrants and rights outstanding, measurement input | 2.27 | ||
Warrants Three [Member] | Expected Volatility [Member] | |||
Warrants and rights outstanding, measurement input | 297 | ||
Warrants Three [Member] | Expected Life (years) [Member] | |||
Warrants and rights outstanding, term | 3 years | ||
Warrants Three [Member] | Exercise Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 2 | ||
Warrants Three [Member] | Stock Price [Member] | |||
Warrants and rights outstanding, exercise price | 0.13 | ||
Warrants Four [Member] | |||
Warrants and rights outstanding, exercise price | 0.10 | $ 0.10 | |
Warrants Four [Member] | Discount Rate [Member] | |||
Warrants and rights outstanding, measurement input | 0.12 | ||
Warrants Four [Member] | Expected Volatility [Member] | |||
Warrants and rights outstanding, measurement input | 244 | ||
Warrants Four [Member] | Expected Life (years) [Member] | |||
Warrants and rights outstanding, term | 1 year | ||
Warrants Four [Member] | Exercise Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.20 | ||
Warrants Four [Member] | Stock Price [Member] | |||
Warrants and rights outstanding, exercise price | 0.17 | ||
Warrants Five [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.12 | $ 0.12 | |
Warrants Five [Member] | Discount Rate [Member] | |||
Warrants and rights outstanding, measurement input | 0.09 | ||
Warrants Five [Member] | Expected Volatility [Member] | |||
Warrants and rights outstanding, measurement input | 239 | ||
Warrants Five [Member] | Expected Life (years) [Member] | |||
Warrants and rights outstanding, term | 1 year | ||
Warrants Five [Member] | Exercise Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.20 | ||
Warrants Five [Member] | Stock Price [Member] | |||
Warrants and rights outstanding, exercise price | $ 0.13 |
Revision of Prior Period Fina_3
Revision of Prior Period Financial Statements (Details Narrative) - shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | |
Common Stock [Member] | |||
Issuance of common stock shares | 30,048,199 | 9,961,301 | |
Antidilutive Agreement [Member] | |||
Issuance of common stock shares | 2,000,000 | ||
Antidilutive Agreement [Member] | Common Stock [Member] | |||
Issuance of common stock shares | 458,834 |
Revision of Prior Period Fina_4
Revision of Prior Period Financial Statements (Details Narrative) (10-K) - shares | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | |
Common Stock [Member] | |||
Issuance of common stock shares | 30,048,199 | 9,961,301 | |
Antidilutive Agreement [Member] | |||
Issuance of common stock shares | 2,000,000 | ||
Antidilutive Agreement [Member] | Common Stock [Member] | |||
Issuance of common stock shares | 458,834 |
Revision of Prior Period Fina_5
Revision of Prior Period Financial Statements - Schedule of Prior Period of Financial Statement (Details) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 |
Balance | $ (727,327) | $ (882,561) | ||
Common Stock [Member] | ||||
Balance | $ 4,655 | $ 4,191 | $ 3,850 | $ 2,817 |
Balance, shares | 46,547,749 | 41,906,790 | 38,506,721 | 28,177,966 |
Revision | $ 246 | $ 141 | $ 1,273 | |
Revision, shares | 2,458,834 | 1,400,069 | 12,719,566 | |
Balance | $ 4,901 | $ 4,191 | $ 3,991 | $ 4,090 |
Balance, shares | 49,006,583 | 41,906,790 | 39,906,790 | 40,897,532 |
Additional Paid-in Capital [Member] | ||||
Balance | $ 9,060,739 | $ 8,381,231 | $ 8,230,982 | $ 8,309,293 |
Revision | 731,946 | 261,192 | 183,641 | 182,509 |
Balance | 9,792,685 | 8,642,423 | 8,414,623 | 8,491,802 |
Share Subscriptions Receivable [Member] | ||||
Balance | (1,577) | (1,577) | (1,577) | (1,577) |
Revision | ||||
Balance | (1,577) | (1,577) | (1,577) | (1,577) |
Share Subscription Payable [Member] | ||||
Balance | 1,178,608 | 1,511,080 | 1,606,097 | 1,853,819 |
Revision | 137,315 | 648,315 | 781,298 | 781,298 |
Balance | 1,315,923 | 2,159,395 | 2,387,395 | 2,635,117 |
Accumulated Deficit [Member] | ||||
Balance | (10,961,172) | (10,768,906) | (10,212,150) | (10,482,521) |
Revision | (869,507) | (909,507) | (965,079) | (965,079) |
Balance | (11,830,679) | (11,678,413) | (11,177,230) | (11,447,600) |
Cumulative Translation Adjustment [Member] | ||||
Balance | (8,580) | (8,580) | (46,116) | (23,624) |
Revision | ||||
Balance | (8,580) | (8,580) | (46,116) | (23,624) |
Total Stockholders' Equity (Deficit) [Member] | ||||
Balance | (727,327) | (882,561) | (418,915) | (341,792) |
Revision | ||||
Balance | $ (727,327) | $ (882,561) | $ (418,915) | $ (341,792) |
Revision of Prior Period Fina_6
Revision of Prior Period Financial Statements - Schedule of Prior Period of Financial Statement (Details) (10-K) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 |
Balance | $ (727,327) | $ (882,561) | ||
Common Stock [Member] | ||||
Balance | $ 4,655 | $ 4,191 | $ 3,850 | $ 2,817 |
Balance, shares | 46,547,749 | 41,906,790 | 38,506,721 | 28,177,966 |
Revision | $ 246 | $ 141 | $ 1,273 | |
Revision, shares | 2,458,834 | 1,400,069 | 12,719,566 | |
Balance | $ 4,901 | $ 4,191 | $ 3,991 | $ 4,090 |
Balance, shares | 49,006,583 | 41,906,790 | 39,906,790 | 40,897,532 |
Additional Paid-in Capital [Member] | ||||
Balance | $ 9,060,739 | $ 8,381,231 | $ 8,230,982 | $ 8,309,293 |
Revision | 731,946 | 261,192 | 183,641 | 182,509 |
Balance | 9,792,685 | 8,642,423 | 8,414,623 | 8,491,802 |
Share Subscriptions Receivable [Member] | ||||
Balance | (1,577) | (1,577) | (1,577) | (1,577) |
Revision | ||||
Balance | (1,577) | (1,577) | (1,577) | (1,577) |
Share Subscription Payable [Member] | ||||
Balance | 1,178,608 | 1,511,080 | 1,606,097 | 1,853,819 |
Revision | 137,315 | 648,315 | 781,298 | 781,298 |
Balance | 1,315,923 | 2,159,395 | 2,387,395 | 2,635,117 |
Accumulated Deficit [Member] | ||||
Balance | (10,961,172) | (10,768,906) | (10,212,150) | (10,482,521) |
Revision | (869,507) | (909,507) | (965,079) | (965,079) |
Balance | (11,830,679) | (11,678,413) | (11,177,230) | (11,447,600) |
Cumulative Translation Adjustment [Member] | ||||
Balance | (8,580) | (8,580) | (46,116) | (23,624) |
Revision | ||||
Balance | (8,580) | (8,580) | (46,116) | (23,624) |
Total Stockholders' Equity(Deficit) [Member] | ||||
Balance | (727,327) | (882,561) | (418,915) | (341,792) |
Revision | ||||
Balance | $ (727,327) | $ (882,561) | $ (418,915) | $ (341,792) |
Revision of Prior Period Fina_7
Revision of Prior Period Financial Statements - Schedule of Consolidated Statements of Operations (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Professional Fees | $ 647,114 | $ 109,465 | $ 679,654 | $ 515,279 |
Total Operating Expenses | 949,255 | 138,471 | 1,033,387 | 776,398 |
Loss from Operations | (1,001,826) | (124,455) | (986,239) | (537,851) |
Net Loss | $ (1,223,519) | (152,266) | (1,187,620) | (359,034) |
Comprehensive Loss | $ (152,266) | $ (1,187,620) | $ (364,001) | |
Loss per Share - Basic and Diluted | $ (0.01) | $ 0 | $ (0.02) | $ (0.01) |
As Previously Reported [Member] | ||||
Professional Fees | $ 149,465 | $ 570,852 | ||
Total Operating Expenses | 178,471 | 831,971 | ||
Loss from Operations | (164,455) | (593,424) | ||
Net Loss | (192,266) | (414,607) | ||
Comprehensive Loss | $ (192,266) | $ (419,574) | ||
Loss per Share - Basic and Diluted | $ 0 | $ (0.01) | ||
Revision [Member] | ||||
Professional Fees | $ (40,000) | $ (55,573) | ||
Total Operating Expenses | (40,000) | (55,573) | ||
Loss from Operations | 40,000 | (55,573) | ||
Net Loss | 40,000 | (55,573) | ||
Comprehensive Loss | $ 40,000 | $ (55,573) | ||
Loss per Share - Basic and Diluted |
Revision of Prior Period Fina_8
Revision of Prior Period Financial Statements - Schedule of Consolidated Statements of Operations and Comprehensive Loss (Details) (10-K) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Professional Fees | $ 647,114 | $ 109,465 | $ 679,654 | $ 515,279 |
Total Operating Expenses | 949,255 | 138,471 | 1,033,387 | 776,398 |
Loss from Operations | (1,001,826) | (124,455) | (986,239) | (537,851) |
Net Loss | $ (1,223,519) | (152,266) | (1,187,620) | (359,034) |
Comprehensive Loss | $ (152,266) | $ (1,187,620) | $ (364,001) | |
Loss per Share - Basic and Diluted | $ (0.01) | $ 0 | $ (0.02) | $ (0.01) |
As Previously Reported [Member] | ||||
Professional Fees | $ 149,465 | $ 570,852 | ||
Total Operating Expenses | 178,471 | 831,971 | ||
Loss from Operations | (164,455) | (593,424) | ||
Net Loss | (192,266) | (414,607) | ||
Comprehensive Loss | $ (192,266) | $ (419,574) | ||
Loss per Share - Basic and Diluted | $ 0 | $ (0.01) | ||
Revision [Member] | ||||
Professional Fees | $ (40,000) | $ (55,573) | ||
Total Operating Expenses | (40,000) | (55,573) | ||
Loss from Operations | 40,000 | (55,573) | ||
Net Loss | 40,000 | (55,573) | ||
Comprehensive Loss | $ 40,000 | $ (55,573) | ||
Loss per Share - Basic and Diluted |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) - USD ($) | May 03, 2021 | Apr. 29, 2021 | Apr. 14, 2021 | Apr. 04, 2021 | Apr. 03, 2021 | Apr. 03, 2021 | Apr. 01, 2021 | Jan. 08, 2021 | Feb. 28, 2021 | May 24, 2021 | Mar. 31, 2021 | Mar. 26, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | May 31, 2021 |
Warrants exercised | 15,450,693 | |||||||||||||||
Warrants exercise per share | $ 0.20 | |||||||||||||||
Stock Issued | $ 241,559 | $ 372,990 | ||||||||||||||
Issuance of shares for services, shares | 150,000 | |||||||||||||||
Share price | $ 0.0001 | $ 0.09 | ||||||||||||||
Common Stock [Member] | ||||||||||||||||
Stock Issued | $ 15,450,693 | |||||||||||||||
Issuance of shares for services, shares | 2,413,022 | |||||||||||||||
Issuance of common stock shares | 30,048,199 | 9,961,301 | ||||||||||||||
Stock Repurchase | ||||||||||||||||
Subsequent Event [Member] | ||||||||||||||||
Warrants exercised | 26,000 | 12,284,800 | ||||||||||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | $ 0.20 | $ 0.20 | ||||||||||||
Issuance of shares for services, shares | 67,000 | 3,000,000 | ||||||||||||||
Issuance of common stock shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | ||||||||||||
Share price | $ 0.10 | $ 0.09 | ||||||||||||||
Stock Repurchase | 1,850,000 | |||||||||||||||
Subsequent Event [Member] | Chief Executive Officer [Member] | ||||||||||||||||
Issuance of shares for services, shares | 343,506,971 | |||||||||||||||
Subsequent Event [Member] | Consulting Agreement [Member] | ||||||||||||||||
Issuance of common stock shares | 1,500,000 | |||||||||||||||
Share price | $ 0.10 | |||||||||||||||
Warrant term | 18 months | |||||||||||||||
Subsequent Event [Member] | Private Placement Agreement [Member] | ||||||||||||||||
Warrants exercise per share | $ 0.20 | |||||||||||||||
Issuance of common stock shares | 10,000,000 | |||||||||||||||
Share price | $ 0.10 | |||||||||||||||
Purchase price | $ 1,000,000 | |||||||||||||||
Subsequent Event [Member] | Common Stock [Member] | ||||||||||||||||
Stock Issued | $ 26,000 |
Subsequent Events (Details Na_2
Subsequent Events (Details Narrative) (10-K) - USD ($) | Apr. 14, 2021 | Apr. 04, 2021 | Apr. 03, 2021 | Apr. 01, 2021 | Mar. 19, 2021 | Mar. 12, 2021 | Mar. 03, 2021 | Feb. 15, 2021 | Feb. 15, 2021 | Jan. 15, 2021 | Jan. 14, 2021 | Jan. 08, 2021 | Feb. 25, 2020 | Feb. 28, 2021 | Jan. 31, 2021 | May 24, 2021 | Mar. 31, 2021 | Mar. 26, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | May 31, 2021 | Mar. 31, 2020 |
Share price | $ 0.0001 | $ 0.09 | ||||||||||||||||||||
Warrants exercise per share | $ 0.20 | |||||||||||||||||||||
Debt conversion of shares | 3,448,025 | |||||||||||||||||||||
Issuance of shares for services, shares | 150,000 | |||||||||||||||||||||
Common stock, par value | $ 0.0001 | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||||||||||||||||
Warrants issued | 57,000,000 | |||||||||||||||||||||
Warrants exercised | 15,450,693 | |||||||||||||||||||||
Issuance of common stock value | $ 2,970,621 | $ 1,031,670 | ||||||||||||||||||||
Warrants [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 14,559,800 | |||||||||||||||||||||
Debt conversion of shares | 57,683,607 | |||||||||||||||||||||
Issuance of shares for services, shares | 100,000 | |||||||||||||||||||||
Issuance of common stock value | $ 2,919,975 | |||||||||||||||||||||
Leonite Capital LLC [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 450,000 | 450,000 | 450,000 | |||||||||||||||||||
Warrants exercise per share | $ 0.10 | |||||||||||||||||||||
Warrants issued | 900,000 | |||||||||||||||||||||
Warrant term | 5 years | |||||||||||||||||||||
Issuance of common stock value | $ 123,390 | $ 123,390 | ||||||||||||||||||||
Consultant [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 1,500,000 | |||||||||||||||||||||
Share price | $ 0.07 | $ 0.02 | ||||||||||||||||||||
Issuance of shares for services, shares | 2,413,022 | 2,778,629 | ||||||||||||||||||||
Issuance of common stock value | $ 30,000 | |||||||||||||||||||||
Advisory Agreement [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 250,000 | |||||||||||||||||||||
Common stock, par value | $ 0.0001 | |||||||||||||||||||||
Private Placement Agreements [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 9,060,000 | |||||||||||||||||||||
Reg-A Public Offering[Member] | ||||||||||||||||||||||
Issuance of common stock shares | 9,961,301 | |||||||||||||||||||||
Share price | $ 0.10 | |||||||||||||||||||||
Issuance of common stock value | $ 996,301 | |||||||||||||||||||||
Subsequent Event [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 1,240,111 | 12,284,800 | 60,650 | 1,850,000 | ||||||||||||||||||
Share price | $ 0.10 | $ 0.09 | ||||||||||||||||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | $ 0.20 | |||||||||||||||||||
Issuance of shares for services, shares | 67,000 | 3,000,000 | ||||||||||||||||||||
Warrants issued | 250,000 | 45,840,121 | ||||||||||||||||||||
Warrants exercised | 26,000 | 12,284,800 | ||||||||||||||||||||
Issuance of common stock value | $ 2,455,960 | $ 12,130 | ||||||||||||||||||||
Subsequent Event [Member] | Leonite Capital LLC [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 790,243 | 4,092,431 | ||||||||||||||||||||
Share price | $ 0.09 | |||||||||||||||||||||
Warrants exercised | 790,243 | |||||||||||||||||||||
Cashless exercise of warrants | 900,000 | |||||||||||||||||||||
Subsequent Event [Member] | Advisory Agreement [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 150,000 | |||||||||||||||||||||
Warrants exercise per share | $ 0.20 | |||||||||||||||||||||
Monthly payment | $ 5,000 | |||||||||||||||||||||
Warrants issued | 100,000 | |||||||||||||||||||||
Warrant term | 5 years | |||||||||||||||||||||
Subsequent Event [Member] | Consulting Service Agreement [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 2,000,000 | |||||||||||||||||||||
Share price | $ 0.13 | |||||||||||||||||||||
Subsequent Event [Member] | Advertising and Promotion Agreement [Member] | ||||||||||||||||||||||
Advertising and promotion expenses | $ 10,000 | |||||||||||||||||||||
Subsequent Event [Member] | Service Agreement [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 200,000 | |||||||||||||||||||||
Subsequent Event [Member] | Service Agreement [Member] | Consultant [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 5,000,000 | |||||||||||||||||||||
Share price | $ 0.23 | $ 0.23 | ||||||||||||||||||||
Subsequent Event [Member] | Consulting Agreement [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 1,500,000 | |||||||||||||||||||||
Share price | $ 0.10 | |||||||||||||||||||||
Warrant term | 18 months | |||||||||||||||||||||
Subsequent Event [Member] | Consulting Agreement [Member] | Third Party [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 200,000 | |||||||||||||||||||||
Issuance of common stock value | $ 20,000 | |||||||||||||||||||||
Subsequent Event [Member] | Private Placement Agreements [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 11,368,800 | |||||||||||||||||||||
Share price | $ 0.10 | |||||||||||||||||||||
Debt conversion of shares | 1 | |||||||||||||||||||||
Subsequent Event [Member] | Private Placement Agreements [Member] | Warrants [Member] | ||||||||||||||||||||||
Issuance of common stock shares | 11,368,800 | |||||||||||||||||||||
Warrants exercise per share | $ 0.20 | |||||||||||||||||||||
Subsequent Event [Member] | Reg-A Public Offering[Member] | ||||||||||||||||||||||
Issuance of common stock shares | 30,033,199 | 30,033,199 | ||||||||||||||||||||
Share price | $ 0.10 | $ 0.10 | ||||||||||||||||||||
Warrants exercise per share | $ 0.20 | $ 0.20 | ||||||||||||||||||||
Debt conversion of shares | 1 | 1 |