PCT (PCTL) 10-Q/A 3 Sep 21 2020 Q2 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 27, 2020
Document And Entity Information
Entity Registrant Name	PCT LTD
Entity Central Index Key	0001119897
Document Type	10-Q/A
Document Period End Date	Jun. 30, 2020
Entity Incorporation, State or Country Code	NV
Amendment Flag	true
Amendment Description	Amendment No. 1 to Form 10-Q/A (this “Form 10-Q/A") amends and restates certain items noted below in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, as originally filed with the Securities and Exchange Commission on August 31, 2020 (the “Original Filing”). This Form 10-Q/A amends the Original Filing to reflect the correction of an error in the previously reported financial statements related to the accounting for the settlement of certain derivative warrants. See Note 13 to the Condensed Consolidated Financial Statements included in Item 1 for additional information and a reconciliation of the previously reported amounts to the restated amounts.   For the convenience of the reader, this Form 10-Q/A sets forth the Original Filing, as amended, in its entirety; however, this Form 10-Q/A amends and restates only the following financial statements and disclosures that were impacted from the correction of the error: • Part I, Item 1 - Financial Statements • Part I, Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations • Part I, Item 4 - Controls and Procedures   Except as described above, no other changes have been made to the Original Filing. This Form 10-Q/A speaks as of the date of the Original Filing and does not reflect events that may have occurred after the date of the Original Filing or modify or update any disclosures that may have been affected by subsequent events.   The Company is also filing an amended Annual Report for the fiscal year ended December 31, 2020 and an amended Quarterly Report for each of the quarterly periods ended September 30, 2020 and March 31, 2021 to restate the previously issued annual and interim financial statements due to the accounting error described above.
Current Fiscal Year End Date	--12-31
Entity File Number	000-31549
Is Entity's Reporting Status Current?	Yes
Entity Interactive Data Current	Yes
Is Entity Emerging Growth Company?	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Common Stock, Shares Outstanding		598,982,574
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Entity Shell Company	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 29,260	$ 67,613
Accounts receivable, net	319,128	111,915
Prepaid expenses	51,395	43,100
Other current assets	17,110	2,110
Total current assets	416,893	224,738
PROPERTY AND EQUIPMENT
Property and equipment, net	401,233	440,109
OTHER ASSETS
Intangible assets, net	3,552,267	3,704,429
Deposits	2,526	5,499
Total other assets	3,554,793	3,709,928
TOTAL ASSETS	4,372,919	4,374,775
CURRENT LIABILITIES
Accounts payable	447,805	315,228
Accrued expenses - related parties	98,311	84,538
Accrued expenses	912,393	890,104
Notes payable - related party, net	826,214	826,957
Notes payable, net	408,617	468,153
Convertible notes payable, net	980,254	1,187,633
Derivative liability	11,393,973	10,517,873
Total current liabilities	15,067,567	14,290,486
TOTAL LIABILITIES	15,067,567	14,290,486
MEZZANINE EQUITY
Preferred stock series A, $0.001 par value; 1,000,000 authorized; 500,000 and 500,000 issued and outstanding at June 30, 2020 and December 31, 2019, respectively; Preferred stock series B, $0.001 par value; 1,000,000 authorized; 1,000,000 and 1,000,000 issued and outstanding at June 30, 2020 and December 31, 2019, respectively; Preferred series C stock, $0.001 par value; 5,500,000 authorized; 440,000 and nil issued and outstanding at June 30, 2020 and December 31, 2019, respectively	702,645	218,645
STOCKHOLDERS' DEFICIT
Common stock, $0.001 par value; 1,000,000,000 authorized; 584,201,486 and 498,880,300 issued and outstanding at June 30, 2020 and December 31, 2019, respectively	584,202	498,881
Additional paid-in capital	18,056,637	15,872,330
Accumulated deficit	(30,038,132)	(26,505,567)
TOTAL STOCKHOLDERS' DEFICIT	(11,397,293)	(10,134,356)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' DEFICIT	$ 4,372,919	$ 4,374,775

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	7,500,000	7,500,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	584,201,486	498,880,300
Common stock, shares outstanding	584,201,486	498,880,300
Preferred stock series A
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	500,000	500,000
Preferred stock, shares outstanding	500,000	500,000
Preferred stock series B
Preferred stock, par value	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	1,000,000	1,000,000
Preferred stock, shares outstanding	1,000,000	1,000,000
Preferred stock series C
Preferred stock, par value	$ 0.001
Preferred stock, shares authorized	5,500,000
Preferred stock, shares issued	440,000
Preferred stock, shares outstanding	440,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
REVENUES
Product	$ 582,389	$ 11,745	$ 745,037	$ 98,839
Licensing	77,000	34,000	84,000	78,500
Equipment leases	221,783	73,117	324,317	137,480
Total Revenues	881,172	118,862	1,153,354	314,819
OPERATING EXPENSES
General and administrative	592,042	415,339	1,140,828	1,082,303
Research and development	5,000	3,792	5,000	3,792
Costs of product, licensing and equipment leases	415,855	24,077	564,705	96,731
Depreciation and amortization	81,348	84,189	164,369	169,101
Total operating expenses	1,094,245	527,397	1,874,902	1,351,927
Loss from operations	(213,073)	(408,535)	(721,548)	(1,037,108)
OTHER INCOME (EXPENSE)
Loss on change in fair value of derivative liability	(6,015,835)	(2,789,342)	(15,310,597)	(2,951,641)
Gain (loss) on change in fair value of preferred series A stock liability		(3,004)		72,473
Gain on sale of intangible assets		52,498		52,498
Gain (loss) on settlement of debt	13,707,921		13,663,921	(84,409)
Interest expense	(459,930)	(381,764)	(894,341)	(502,283)
Total other income (expense)	7,232,156	(3,121,612)	(2,541,017)	(3,413,362)
Income (loss) before income taxes	7,019,083	(3,530,147)	(3,262,565)	(4,450,470)
Income taxes
NET INCOME (LOSS)	7,019,083	(3,530,147)	(3,262,565)	(4,450,470)
Preferred series C stock deemed dividends			(270,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’	$ 7,019,083	$ (3,530,147)	$ (3,532,565)	$ (4,450,470)
Basic net income (loss) per share	$ 0.01	$ (0.07)	$ (0.01)	$ (0.09)
Diluted net income (loss) per share	$ 0	$ (0.07)	$ (0.01)	$ (0.09)
Basic weighted average shares outstanding	569,964,666	52,755,139	557,809,456	49,208,103
Diluted weighted average shares outstanding	774,463,424	52,755,139	557,809,456	49,208,103

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2018	44,559,238
Beginning balance, amount at Dec. 31, 2018	$ 44,560	$ 11,588,030	$ (9,927,003)	$ 1,705,587
Common stock issued for services, shares	575,000
Common stock issued for services, amount	$ 575	98,352		98,927
Common stock issued in settlement of debt, shares	5,383,810
Common stock issued in settlement of debt, amount	$ 5,383	800,012		805,395
Net loss/income			(920,323)	(920,323)
Ending balance, shares at Mar. 31, 2019	50,518,048
Ending balance, amount at Mar. 31, 2019	$ 50,518	12,486,394	(10,847,326)	1,689,586
Beginning balance, shares at Dec. 31, 2018	44,559,238
Beginning balance, amount at Dec. 31, 2018	$ 44,560	11,588,030	(9,927,003)	1,705,587
Net loss/income				(4,450,470)
Ending balance, shares at Jun. 30, 2019	76,859,961
Ending balance, amount at Jun. 30, 2019	$ 76,860	12,770,553	(14,377,473)	(1,530,060)
Beginning balance, shares at Mar. 31, 2019	50,518,048
Beginning balance, amount at Mar. 31, 2019	$ 50,518	12,486,394	(10,847,326)	1,689,586
Stock-based compensation		23,125		23,125
Common stock issued in conversion of convertible notes payable, shares	26,341,913
Common stock issued in conversion of convertible notes payable, amount	$ 26,342	261,034		287,376
Net loss/income			(3,530,147)	(3,530,147)
Ending balance, shares at Jun. 30, 2019	76,859,961
Ending balance, amount at Jun. 30, 2019	$ 76,860	12,770,553	(14,377,473)	(1,530,060)
Beginning balance, shares at Dec. 31, 2019	498,880,300
Beginning balance, amount at Dec. 31, 2019	$ 498,881	15,872,330	(26,505,567)	(10,134,356)
Common stock issued for services, shares	15,525,000
Common stock issued for services, amount	$ 15,525	103,538		119,063
Common stock issued in settlement of debt, shares	250,000
Common stock issued in settlement of debt, amount	$ 250	7,975		8,225
Common stock issued in conversion of convertible notes payable, shares	36,050,000
Common stock issued in conversion of convertible notes payable, amount	$ 36,050	360,660		396,710
Beneficial conversion feature on preferred series C stock		270,000	(270,000)
Net loss/income			(10,281,648)	(10,281,648)
Ending balance, shares at Mar. 31, 2020	550,705,300
Ending balance, amount at Mar. 31, 2020	$ 550,706	16,614,503	(37,057,215)	(19,892,006)
Beginning balance, shares at Dec. 31, 2019	498,880,300
Beginning balance, amount at Dec. 31, 2019	$ 498,881	15,872,330	(26,505,567)	(10,134,356)
Net loss/income				(3,262,565)
Ending balance, shares at Jun. 30, 2020	584,201,486
Ending balance, amount at Jun. 30, 2020	$ 584,202	18,056,637	(30,038,132)	(11,397,293)
Beginning balance, shares at Mar. 31, 2020	550,705,300
Beginning balance, amount at Mar. 31, 2020	$ 550,706	16,614,503	(37,057,215)	(19,892,006)
Common stock issued for cash, shares	4,250,000
Common stock issued for cash, amount	$ 4,250	135,750		140,000
Stock-based compensation		14,182		14,182
Common stock issued in settlement of debt, shares	15,000,000
Common stock issued in settlement of debt, amount	$ 15,000	826,500		841,500
Common stock issued in cashless exercise of warrants, shares	9,246,186
Common stock issued in cashless exercise of warrants, amount	$ 9,246	420,702		429,948
Common stock issued in conversion of preferred series C stock, shares	5,000,000
Common stock issued in conversion of preferred series C stock, amount	$ 5,000	45,000		50,000
Net loss/income			7,019,083	7,019,083
Ending balance, shares at Jun. 30, 2020	584,201,486
Ending balance, amount at Jun. 30, 2020	$ 584,202	$ 18,056,637	$ (30,038,132)	$ (11,397,293)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Net loss	$ (3,262,565)	$ (4,450,470)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	164,369	169,101
Amortization of debt discount	280,188	300,703
Amortization of operating lease right-of-use asset		23,635
Common stock issued for services	133,245	122,052
Loss on change in fair value of derivative liability	15,310,597	2,951,641
Gain on change in fair value of preferred series A stock liability		(72,473)
(Gain) loss on settlement of debt	(13,663,921)	84,409
Gain on sale of intangible assets		(52,498)
Default penalties on convertible notes payable	13,762	87,500
Changes in operating assets and liabilities:
Accounts receivable	(207,213)	(81,166)
Inventory	26,669	644
Prepaid expenses	(8,295)	177,475
Other assets	(12,027)
Operating lease liability		(21,626)
Accounts payable	132,577	59,265
Accrued expenses - related party	13,773	8,245
Accrued expenses	620,188	215,811
Contract liabilities		24,532
Net cash used in operating activities	(458,653)	(453,220)
Cash Flows from Investing Activities
Proceeds from sale of intangible assets		57,500
Purchase of property and equipment		(2,516)
Purchase of intangible assets		(5,000)
Net cash used in investing activities		49,984
Cash Flows from Financing Activities
Proceeds from notes payable - related parties	3,500	2,544
Proceeds from notes payable	155,525	88,600
Proceeds from convertible notes payable	413,000	460,750
Proceeds from common stock subscriptions	140,000
Proceeds from preferred series C stock subscriptions	270,000
Repayment of notes payable - related parties	(4,286)	(16,044)
Repayment of notes payable	(245,551)	(9,209)
Repayment of convertible notes payable	(311,888)	(91,000)
Net cash provided by financing activities	420,300	435,641
Net change in cash	(38,353)	32,405
Cash and cash equivalents at beginning of period	67,613	4,893
Cash and cash equivalents at end of period	29,260	37,298
Supplemental Cash Flow Information:
Cash paid for interest	53,645	51,639
Cash paid for Income taxes
Non-Cash Investing and Financing Activities
Preferred series C stock deemed dividend	270,000
Original debt discount against notes payable	23,917	10,204
Original debt discount against convertible notes payable	197,888	395,125
Modification of notes payable		20,590
Common stock issued in conversion of convertible notes payable	396,710	287,376
Common stock issued in cashless exercise of warrants	429,948
Common stock issued in conversion of preferred series C stock	50,000
Accounts receivable netted against notes payable		18,000
Initial operating lease right-of-use asset and liability		43,330
Preferred series A stock reclassification from liability to mezzanine equity		60,398
Property plant and equipment transferred to inventory	$ 26,669

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The unaudited interim condensed consolidated financial statements of PCT LTD (the “Company”) have been prepared in accordance with United States generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of our balance sheets, statements of operations, stockholders’ equity (deficit), and cash flows for the periods presented. All such adjustments are of a normal recurring nature. The results of operations for the interim period are not necessarily indicative of the results to be expected for a full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed consolidated financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2019 audited financial statements as reported in its Form 10-K, filed on August 3, 2020. COVID-19 In December 2019 COVID-19 emerged in Wuhan, China. While initially the outbreak was largely concentrated in China and caused significant disruptions to its economy, it has now spread to almost all other countries, including the United States, and infections have been reported globally. Because COVID-19 infections have been reported throughout the United States, certain federal, state and local governmental authorities have issued stay-at-home orders, proclamations and/or directives aimed at minimizing the spread of COVID-19. Additional, more restrictive proclamations and/or directives may be issued in the future. The ultimate impact of the COVID-19 pandemic on the Company’s operations is unknown and will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the COVID-19 outbreak. Any resulting financial impact cannot be reasonably estimated at this time but may have a material impact on our business, financial condition and results of operations. The significance of the impact of the COVID-19 outbreak on the Company’s businesses and the duration for which it may have an impact cannot be determined at this time. At a minimum, the COVID-19 pandemic caused the Company to restrict travel of its personnel and to initiate distributor installations of certain of the Company’s equipment, as possible. The Company adapted to the immediate need for its US EPA registered disinfectant at the end of March and beginning of April, 2020, by installing greater storage reserves and by assembling more of it higher-volume equipment to produce the hospital grade disinfectant known as Hydrolyte®. There were hard costs associated with these adaptations to the Little River, SC facility, but the Company continues to benefit from its fluid production capacities over the longer term. As the Federal, state and other restrictions associated with the pandemic have lessened, the Company is able to act more effectively in obtaining new contracts for its healthcare equipment, the Annihilyzer® and other equipment. Nature of Operations PCT LTD (formerly Bingham Canyon Corporation, (the “Company,” “PCT Ltd,” or “Bingham”), a Delaware corporation, was formed on February 27, 1986. The Company changed its domicile to Nevada on August 26, 1998. The Company acquires, develops and provides sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The Company specializes in providing cleaning, sanitizing, and disinfectant fluid solutions and fluid-generating equipment that creates environmentally safe solutions for global sustainability. Paradigm is located in Little River, SC and was formed June 6, 2012 under the name of EUR-ECA, Ltd. On September 11, 2015, its Board of Directors authorized EUR-ECA Ltd to file with the Nevada Secretary of State to change its name to Paradigm Convergence Technologies Corp. Paradigm is a technology licensing company specializing in environmentally safe solutions for global sustainability. The company holds a patent, intellectual property and/or distribution rights to innovative products and technologies. Paradigm provides innovative products and technologies for eliminating biocidal contamination from water supplies, industrial fluids, hard surfaces, food processing equipment, and medical devices. Paradigm’s overall strategy is to market new products and technologies through the use of equipment leasing, joint ventures, licensing, distributor agreements and partnerships. Effective on February 29, 2018, the Company changed its name from Bingham Canyon Corporation to PCT LTD to more accurately identify the Company’s direction and to develop the complimentary relationship and association with its wholly-owned operating company, Paradigm Convergence Technologies Corporation (“Paradigm” or “PCT Corp.”). Significant Accounting Policies There have been no changes to the significant accounting policies of the Company from the information provided in Note 1 of the Notes to the Consolidated Financial Statements in the Company's most recent Form 10-K. Reclassification Certain balances on the previously issued statements of operations and cash flows have been reclassified to be consistent with the current period presentation. The reclassification had no impact on total financial position, net loss, or stockholders’ equity (deficit). Fair Value Measurements The Company follows ASC 820, “ Fair Value Measurements and Disclosures • Level 1 - Valuations for assets and liabilities traded in active markets from readily available pricing sources such as quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable inputs (other than Level 1 quoted prices) such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data. • Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted cash flow methodologies and similar techniques. The carrying values of our financial instruments, including, cash and cash equivalents, accounts receivable, inventory, prepaid expenses, accounts payable and accrued expenses approximate their fair value due to the short maturities of these financial instruments. Derivative liabilities are determined based on “Level 3” inputs, which are significant and unobservable and have the lowest priority. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective relatively short maturity dates or durations. Our financial assets and liabilities carried at fair value measured on a recurring basis as of June 30, 2020, consisted of the following: Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs (restated) (restated) Description: Derivative liability (1) 11,393,973 — — 11,393,973 Total 11,393,973 — — 11,393,973 Our financial assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2019, consisted of the following: Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Description: Derivative liability (1) 10,517,873 — — 10,517,873 Total 10,517,873 — — 10,517,873 (1) The Company has estimated the fair value of these liabilities using the Binomial Model. Basic and Diluted Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Potentially dilutive securities consist of the incremental common shares issuable upon exercise of common stock equivalents such as options, warrants, convertible notes payable, preferred series A stock and preferred series C stock. Potentially dilutive securities are excluded from the computation if their effect is anti-dilutive. As a result, for the three months ended June 30, 2020, there were outstanding common share equivalents which amounted to 319,106,192 (restated) shares of common stock that were not included in the calculation as their effect is anti-dilutive. For fiscal periods with net losses, these common share equivalents were not included in the computation of diluted loss per share as their effect would have been anti-dilutive. Three months ended June 30, 2020 Three months ended June 30, 2019 Six months Six months Numerator: Net income (loss) 7,019,083 (3,530,147 ) (3,532,565 ) (4,450,470 ) Loss on change in fair value of derivative liability 4,463,852 — — — Gain on settlement of debt (13,794,438 ) — — — Amortization of debt discount 176,381 — — — Interest expense 52,146 — — — Adjusted net income (loss) (2,082,976 ) (3,530,147 ) (3,532,565 ) (4,450,470 ) Denominator: Weighted average shares outstanding used in computing net income (loss) per share Basic 569,964,666 52,755,139 557,809,456 49,208,103 Effect of dilutive warrants 81,681,300 — — — Effect of convertible note weighted shares 122,817,458 — — — Diluted 774,463,424 52,755,139 557,809,456 49,208,103 Net income (loss) per share applicable to common shareholders: Basic 0.01 (0.07 ) (0.01 ) (0.09 ) Diluted (0.00 ) (0.07 ) (0.01 ) (0.09 ) Recent Accounting Pronouncements In August 2018, the FASB issued Accounting Standards Update No. 2018-13 (“ASU 2018-13”), Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements relating to fair value measurements as outlined in Topic 820, Fair Value Measurement. ASU 2018-13 is applicable to all entities that are required, under GAAP, to make disclosures about recurring or nonrecurring fair value measurements. The amendments outlined in ASU 2018-13 are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted for any removed or modified disclosures upon issuance of ASU 2018-13. The Company adopted ASU 2018-13 on January 1, 2020 and the adoption of ASU 2018-13 did not have a material effect on the consolidated financial statements.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN The accompanying consolidated condensed financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of $30,038,132 (restated) and has negative cash flows from operations. As of June 30, 2020, the Company had a working capital deficit of $14,650,674 (restated). The Company has relied on raising debt and equity capital in order to fund its ongoing day-to-day operations and its corporate overhead. The Company will require additional working capital from either cash flow from operations, from debt or equity financing, or from a combination of these sources. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 3. PROPERTY AND EQUIPMENT Property and equipment at June 30, 2020 and December 31, 2019 consisted of the following: June 30, 2020 December 31, 2019 Machinery and leased equipment $ 151,719 $ 151,719 Machinery and equipment not yet in service 294,896 321,565 Office equipment and furniture 20,064 20,064 Website 2,760 2,760 Total property and equipment $ 469,439 $ 496,108 Less: Accumulated Depreciation (68,206 ) (55,999 ) Property and equipment, net 401,233 440,109 Depreciation expense was $12,207 and $12,701 for the six-months ended June 30, 2020 and 2019, respectively.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 4. INTANGIBLE ASSETS Intangible assets at June 30, 2020 and December 31, 2019 consisted of the following: June 30, 2020 December 31, 2019 Patents $ 4,505,489 $ 4,505,489 Technology rights 200,000 200,000 Intangibles, at cost 4,705,489 4,705,489 Less: Accumulated amortization (1,153,222 ) (1,001,060 ) Net Carrying Amount $ 3,552,267 $ 3,704,429 Amortization expense was $152,162 and $156,400 for the six-months ended June 30, 2020 and 2019, respectively. Estimated Future Amortization Expense: $ For year ending December 31, 2020 - remaining 151,002 For year ending December 31, 2021 302,003 For year ending December 31, 2022 302,003 For year ending December 31, 2023 302,003 For year ending December 31, 2024 302,003 Thereafter 2,193,253 Total 3,552,267

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 5. Notes Payable The following tables summarize notes payable as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Note Payable ** $ 25,000 05/08/2017 06/30/2018 0 % $ 27,500 $ 27,500 Note Payable ** $ 130,000 06/20/2018 01/02/2020 8 % $ 112,500 $ 130,000 Note Payable ** $ 8,700 11/15/2018 06/30/2019 10 % $ 8,700 $ 8,700 Note Payable (e) $ 90,596 09/15/2019 05/28/2020 8 % $ — $ 90,596 Note Payable (k) $ 50,000 10/03/2019 04/03/2020 12 % $ — $ 37,500 Note Payable (e) $ 17,500 11/12/2019 11/12/2020 8 % $ — $ 17,500 Note Payable ** $ 83,400 12/20/2019 06/19/2020 150 % $ 38,491 $ 80,192 Note Payable $ 148,362 12/20/2019 11/27/2020 80 % $ 68,496 $ 145,404 Note Payable (a) $ 25,782 01/08/2020 05/13/2020 313 % $ — $ — Note Payable (b) $ 33,660 02/19/2020 04/30/2020 585 % $ — $ — Note Payable (c)(e) $ 20,000 02/28/2020 05/28/2020 8 % $ — $ — Note Payable (d) $ 100,000 03/31/2020 08/01/2020 30 % $ 50,000 $ — Note Payable (e) $ 118,644 05/05/2020 05/05/2021 8 % $ 118,644 $ — Subtotal $ 424,331 $ 537,392 Debt discount $ (15,714 ) $ (69,239 ) Balance, net $ 408,617 $ 468,153 Less current portion $ (408,617 ) $ (468,153 ) Total long-term $ — $ — ** Currently in default a) On January 8, 2020, the Company sold future receivables with a non-related party for up to $87,540. During the period $25,782 was sold, of which $10,207 was loan fees and original issue discount resulting in cash proceeds to the Company of $15,575. The advance was repaid through $1,450 weekly payments. In connection with the advance, the Company granted the lender a security interest in all accounts, equipment, intangibles and inventory. This note was repaid during the period. b) On February 19, 2020, the Company sold future receivables with a non-related party for $33,660, of which $13,710 was loan fees and original issue discount resulting in cash proceeds to the Company of $19,950. The advance was repaid through $660 daily payments. In connection with the advance, the Company granted the lender a security interest in all accounts, equipment, intangibles and inventory. This note was repaid during the period. c) On February 28, 2020, the Company entered into a promissory note with a non-related party for $20,000. The note is due May 28, 2020, is unsecured and bears an interest rate of 8% per annum. On May 5, 2020, the Company consolidated this note with two others as described in Note 6(e). d) On March 31, 2020, the Company entered into a promissory note with a non-related party for $100,000. The note is due August 1, 2020, is unsecured and bears interest at $2,500 per month, repayable in four monthly payments of $27,500 commencing May 1, 2020. Additionally, the Company issued the lender 250,000 shares of the Company’s common stock with a fair market value of $8,225 as additional consideration for the loan. During the period, the Company repaid $50,000 of the note. e) On May 5, 2020, the Company consolidated three notes with principal amounts of $90,596, $17,500 and $20,000 as well as accrued interest into a new note with a principal amount of $118,644 and a maturity date of May 5, 2021. The note bears interest at 8% per annum and in connection with the consolidation the Company issued the lender 15,000,000 shares of the Company’s common stock with a fair value of $841,500. As the instruments were substantially different, the old notes were considered to be extinguished and the Company recognized a loss on settlement of debt of $826,500. The following table summarizes notes payable, related parties as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Note Payable, RP ** $ 30,000 04/10/2018 01/15/2019 3 % $ 30,000 $ 30,000 Note Payable, RP ** $ 380,000 06/20/2018 01/02/2020 8 % $ 380,000 $ 380,000 Note Payable, RP ** $ 350,000 06/20/2018 01/02/2020 5 % $ 322,214 $ 325,000 Note Payable, RP ** $ 17,000 06/20/2018 01/02/2020 5 % $ 17,000 $ 17,000 Note Payable, RP ** $ 50,000 07/27/2018 11/30/2018 8 % $ 50,000 $ 50,000 Note Payable, RP $ 5,000 10/09/2018 Demand 0 % $ 5,000 $ 5,000 Note Payable, RP $ 5,000 10/19/2018 Demand 0 % $ 5,000 $ 5,000 Note Payable, RP ** $ 15,000 08/16/2019 02/16/2020 8 % $ 15,000 $ 15,000 Note Payable, RP (f) $ 1,500 02/11/2020 Demand 0 % $ — $ — Note Payable, RP (g) $ 2,000 02/11/2020 Demand 0 % $ 2,000 $ — Subtotal $ 826,214 $ 827,000 Debt discount $ — $ (43 ) Balance, net $ 826,214 $ 826,957 Less current portion $ (826,214 ) $ (826,957 ) Total long-term $ — $ — ** Currently in default f) On February 11, 2020, the Company entered into a promissory note with the Chairman and CEO of the Company for $1,500. The note is due on demand, is unsecured and bears an interest rate of 0% per annum. The note was repaid during the period. g) On February 11, 2020, the Company entered into a promissory note with the COO and Director of the Company for $2,000. The note is due on demand, is unsecured and bears an interest rate of 0% per annum. The following table summarizes convertible notes payable as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Convertible Note Payable (h) * ** $ 50,000 12/06/2018 12/06/2019 12 % $ 5,685 $ 22,777 Convertible Note Payable * ** $ 65,000 12/06/2018 12/06/2019 12 % $ 46 $ 46 Convertible Note Payable (i) * ** $ 100,000 01/18/2019 01/16/2020 24 % $ 105,041 $ 95,492 Convertible Note Payable (r) $ 60,000 01/29/2019 01/22/2020 18 % $ — $ 266,050 Convertible Note Payable * ** $ 50,000 02/01/2019 10/22/2019 24 % $ 154,330 $ 154,330 Convertible Note Payable (o) $ 60,000 02/21/2019 02/14/2022 0 % $ — $ 74,000 Convertible Note Payable (j) * ** $ 55,125 02/21/2019 02/20/2020 24 % $ 46,338 $ 42,125 Convertible Note Payable * ** $ 75,000 03/18/2019 12/13/2019 24 % $ 232,814 $ 232,814 Convertible Note Payable (o) $ 26,000 09/16/2019 09/11/2022 0 % $ — $ 26,000 Convertible Note Payable (k) $ 175,814 09/27/2019 09/25/2020 8 % $ — $ 175,814 Convertible Note Payable $ 53,000 10/08/2019 10/07/2020 12 % $ — $ 53,000 Convertible Note Payable $ 50,000 10/31/2019 10/29/2020 12 % $ — $ 50,000 Convertible Note Payable (l) $ 8,888 02/19/2020 02/18/2021 12 % $ — $ — Convertible Note Payable (m) * ** $ 30,000 03/06/2020 03/05/2021 12 % $ 30,000 $ — Convertible Note Payable (n) $ 45,000 03/09/2020 03/02/2021 12 % $ 45,000 $ — Convertible Note Payable (p) * ** $ 150,000 04/10/2020 04/09/2021 12 % $ 150,000 $ — Convertible Note Payable (q) $ 128,000 04/16/2020 04/09/2021 12 % $ 128,000 $ — Convertible Note Payable (s) $ 83,000 05/12/2020 11/08/2021 12 % $ 83,000 $ — Subtotal $ 980,254 $ 1,192,448 Debt discount $ — $ (4,815 ) Balance, net $ 980,254 $ 1,187,633 Less current portion $ (980,254 ) $ (1,187,633 ) Total long-term $ — $ — * Embedded conversion feature accounted for as a derivative liability at period end h) During the period ended June 30, 2020, $17,092 of principal and $3,507 of interest of the convertible note payable was converted into 36,050,000 shares of the Company’s common stock. i) During the period ended June 30, 2020, the Company was further assessed default penalties and interest on this convertible note as the note reached maturity. Additional default and penalties were assessed in the amount of $118,295 of which $9,549 was recorded as a principal addition and $108,746 was recorded in accrued interest. to the note. j) During the period ended June 30, 2020, the Company was further assessed default penalties and interest on this convertible note as the note reached maturity. Additional default and penalties were assessed in the amount of $4,213 was recorded as a principal addition. k) On February 7, 2020, the Company extinguished both promissory note (totaling $39,000) and convertible note (totaling $181,000), including accrued interest with a non-related party through the issuance of 220,000 shares of preferred series C stock. The Company recorded the difference between the fair value of the preferred series C stock of $264,000 and the debt outstanding of $220,000 as a loss on extinguishment of debt of $44,000. l) On February 19, 2020, the Company received another tranche on a convertible note originally dated December 6, 2018. The new tranche had a principal amount of $8,888, with an original issue discount of $888. The convertible note is due 365 days from issuance, bears interest at 12% per annum and is convertible into common shares of the Company at 65% multiplied by the lowest traded price or lowest closing bid price during the 25 days the Company’s stock is tradable prior to the conversion date. Further, if at any time the stock price is less than $0.30 an additional 20% discount is applied and if at any time the conversion price is less than $0.01 and additional 10% is applied. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, all these additional discounts were triggered. m) On March 6, 2020, the Company received another tranche on a convertible note originally dated December 6, 2018. The new tranche had a principal amount of $30,000, with an original issue discount of $4,000. The convertible note is due 365 days from issuance, bears interest at 12% per annum and is convertible into common shares of the Company at 65% multiplied by the lowest traded price or lowest closing bid price during the 25 days the Company’s stock is tradable prior to the conversion date. Further, if at any time the stock price is less than $0.30 an additional 20% discount is applied and if at any time the conversion price is less than $0.01 and additional 10% is applied. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, all these additional discounts were triggered. n) On March 9, 2020, the Company entered into a convertible promissory with a non-related party for $45,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $42,000. The note is due on March 2, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020. o) On April 1, 2020, the Company entered into a settlement agreement to settle convertible notes with principal amounts of convertible notes. The Company agreed to pay $100,000 to settle the principal and accrued interest and penalties relating to the two convertible notes. The Company recorded a gain on settlement of debt of $312,269. As part of the settlement, the Company cancelled 197,190,272 warrants. p) On April 10, 2020, the Company entered into a convertible promissory note with a non-related party for $150,000 of which $18,000 was an original issue discount resulting in cash proceeds to the Company of $132,000. The note is due on April 9, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. The Note may be converted by the Lender at any time into shares of Company’s common stock at a conversion price equal to 65% of the lowest trading price during the 25-trading day period prior to the conversion date. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, this additional discount was triggered. q) On April 16, 2020, the Company entered into a convertible promissory with a non-related party for $128,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $125,000. The note is due on April 9, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020. r) On May 11, 2020, the Company entered into a settlement agreement to settle the $60,000 convertible note. The Company agreed to pay $100,000 to settle the principal and accrued interest and penalties relating the convertible note. The Company recorded a gain on settlement of debt of $2,273,770. s) On May 12, 2020, the Company entered into a convertible promissory with a non-related party for $83,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $80,000. The note is due on November 8, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020.

DERIVATIVE LIABILITIES

DERIVATIVE LIABILITIES	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
DERIVATIVE LIABILITIES	NOTE 6. DERIVATIVE LIABILITIES The embedded conversion option of (1) the convertible notes payable described in Note 5; (2) warrants; contain conversion features that qualify for embedded derivative classification. The fair value of the liabilities will be re-measured at the end of every reporting period and the change in fair value will be reported in the statement of operations as a gain or loss on derivative financial instruments. Upon the issuance of the convertible notes payable described in Note 5, the Company concluded that it only has sufficient shares to satisfy the conversion of some but not all of the outstanding convertible notes, warrants and options. The Company elected to reclassify contracts from equity with the earliest inception date first. As a result, none of the Company’s previously outstanding convertible instruments qualified for derivative reclassification, however, any convertible securities issued after the election, including the warrants described in Note 9, qualified for derivative classification. The Company reassesses the classification of the instruments at each balance sheet date. If the classification changes as a result of events during the period, the contract is reclassified as of the date of the event that caused the reclassification. The table below sets forth a summary of changes in the fair value of the Company’s Level 3 financial liabilities. June 30, December 31, (restated) Balance at the beginning of period $ 10,517,873 $ 322,976 Original discount limited to proceeds of notes 166,000 540,750 Fair value of derivative liabilities in excess of notes proceeds received 804,403 1,653,887 Settlement of derivative instruments (14,600,497 ) (3,258,054 ) Change in fair value of embedded conversion option 14,506,194 11,258,314 Balance at the end of the period $ 11,393,973 $ 10,517,873 The Company uses Level 3 inputs for its valuation methodology for the embedded conversion option and warrant liabilities as their fair values were determined by using the Binomial Model based on various assumptions. Significant changes in any of these inputs in isolation would result in a significant change in the fair value measurement. As required, these are classified based on the lowest level of input that is significant to the fair value measurement. The following table shows the assumptions used in the calculations: Expected Volatility Risk-free Interest Rate Expected Dividend Yield Expected Life (in years) At issuance during the period 336-358% 0.25-1.47% 0 % 1.00 At June 30, 2020 236-320% 0.16-0.18% 0 % 0.68-3.70 The Company uses Level 3 inputs for its valuation methodology for the preferred series A stock liability as their fair values were determined by using the Binomial Model based on various assumptions.

STOCKHOLDERS' DEFICIT AND STOCK

STOCKHOLDERS' DEFICIT AND STOCK OPTIONS	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
STOCKHOLDERS' DEFICIT AND STOCK OPTIONS	NOTE 7. STOCKHOLDERS’ DEFICIT Preferred Stock On February 7, 2020, the Company extinguished a promissory note and convertible note, including accrued interest through the issuance of 220,000 shares of preferred series C stock. The Company recorded the difference between the fair value of the preferred series C stock of $264,000 and the debt outstanding of $220,000 as a loss on extinguishment of debt of $44,000. During the period ended June 30, 2020, the Company sold 270,000 shares of preferred series C stock for proceeds of $270,000. The preferred series C stock sold during the period contained a beneficial conversion feature as the conversion price was less than the fair value of the common stock which the instrument is convertible at the commitment date. During the six-months ended June 30, 2020, the intrinsic value of the 270,000 shares sold was $270,000. As the preferred series C stock are have no stated maturity date and are convertible at any time, the discount created in the preferred series C stock is fully amortized at issuance as a deemed dividend. On June 24, 2020, 50,000 shares of preferred series C stock was converted into common stock (1 share converts into 100 shares of common stock), resulting in the issuance of 5,000,000 shares of common stock. Common Stock On January 1, 2019, the Company entered into a four-year employment agreement with F. Jody Read in his role as Chief Executive Officer. The employment agreement awards the CEO 1,500,000 restricted shares of the Company’s restricted stock valued at $240,000, which shall vest in the following manner: 375,000 shares on March 1, 2019, 375,000 shares on March 1, 2020, 375,000 shares on March 1, 2021 and the final 375,000 shares on March 1, 2022. On October 4, 2019, F. Jody Read resigned from the position of CEO and moved back into the role of COO. The terms of his employment agreement remained unchanged. As of June 30, 2020, 750,000 shares were issued and the Company had recognized $145,093 of stock-based compensation. During the period ended June 30, 2020, $17,092 of principal and $3,507 of interest of a convertible note payable was converted into 36,050,000 shares of the Company’s common stock as further described in Note 5(h). During the period ended June 30, 2020, the Company issued 9,246,186 shares of common stock upon the cashless exercise of 9,280,742 warrants. On January 1, 2020, the Company issued 15,000,000 fully vested shares of the Company’s common stock to Gary J. Grieco, its President and CEO, pursuant to an employment agreement. The Company recorded the fair value of the common shares of $99,000 as stock-based compensation. On March 20, 2020, the Company issued 150,000 shares of common stock to a consultant. The Company recorded the fair value of the common shares of $5,880 in consulting expense. On March 31, 2020, the Company issued 250,000 shares of common stock pursuant to a loan agreement. The Company recorded the fair value of the common shares of $8,225 in interest expense. On April 27, 2020, the Company issued 1,000,000 shares of common stock to an employee of the Company for cash proceeds of $10,000. On April 27, 2020, the Company issued 2,750,000 shares of common stock for cash proceeds of $110,000. On May 5, 2020, the Company issued 15,000,000 shares of common stock as part of the note extinguishment and consolidation agreement described in Note 5(e). On May 19, 2020, the Company issued 500,000 shares of common stock for cash proceeds of $20,000. On June 24, 2020, 50,000 shares of preferred series C stock was converted into common stock (1 share converts into 100 shares of common stock), resulting in the issuance of 5,000,000 shares of common stock. NOTE 8. STOCK OPTIONS Below is a table summarizing the options issued and outstanding as of June 30, 2020: Number of Weighted average exercise price Balance, December 31, 2019 200,000 2.00 Granted — — Expired — — Settled — — Balance, June 30, 2020 200,000 2.00 As at June 30, 2020, the following share stock options were outstanding: Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised 01/26/2017 200,000 200,000 2.00 1.58 01/26/2022 400,000 200,000 200,000 $ 400,000 The weighted average exercise prices are $2.00 for the options outstanding and exercisable, respectively. The intrinsic value of stock options outstanding at June 30, 2020 was $nil.

WARRANTS

WARRANTS	6 Months Ended
	Jun. 30, 2020
Guarantees and Product Warranties [Abstract]
WARRANTS	NOTE 9. WARRANTS The Company concluded that it only has sufficient shares to satisfy the conversion of some but not all of the outstanding convertible instruments. The initial fair value of the warrants issued during the period was calculated using the Binomial Model as described in Note 6. The following table summarizes the continuity of share purchase warrants: Number of Weighted average exercise price (restated) Balance, December 31, 2019 413,816,252 0.00053 Adjustment to warrants outstanding 43,154,762 0.00056 Granted — — Cancelled (197,190,272 ) 0.00041 Exercised (9,280,742 ) 0.00035 Balance, June 30, 2020 250,500,000 0.00049 As at June 30, 2020, the following share purchase warrants were outstanding: Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised (restated) (restated) (restated) 11/28/2018 142,857,143 * 142,857,143 * 0.00035 * 1.41 11/28/2021 $ 50,000 12/3/2018 500,000 500,000 0.10 3.43 12/3/2023 50,000 3/13/2019 107,142,857 * 107,142,857 * 0.00035 * 3.70 3/13/2024 37,500 250,500,000 250,500,000 $ 137,500 *The number of warrants outstanding and exercisable is variable based on adjustments to the exercise price of the warrant due to dilutive issuances. The Company cancelled 197,190,272 warrants as part of the settlement of a convertible note as described in Note 5(o). The intrinsic value of warrants outstanding at June 30, 2020 was $8,825,000 (restated).

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10. RELATED PARTY TRANSACTIONS The Company has agreements with related parties for consulting services, accrued rent, accrued interest, notes payable and stock options. See Notes to Financial Statements numbers 5, 7, 8 and 11 for more details.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11. COMMITMENTS AND CONTINGENCIES Consulting Agreements On October 1, 2019, the Company entered into a consulting agreement for investor relations services through March 31, 2020. The agreement called for a cash payment of $25,000 and 12,000,000 restricted shares of common stock to be issued to the consultant. As of December 31, 2019, the Company recorded the fair value of the shares of $61,200 for the consulting expense related to the consulting services provided. The expense was recognized over the service period, ending on March 31, 2020. In addition to contracts for service, the Company also regularly uses the professional services of securities attorneys, a US EPA specialist, professional accountants and other public-company specialists. Employment Agreements – On January 1, 2019, the Company entered into a four-year employment agreement with F. Jody Read in his role as Chief Executive Officer. The terms of the contract call for an annual salary of $90,000 for the first year, effective March 1, 2019 and increasing to $120,000 once the Company’s revenue exceeds monthly expenses, then incrementally over time and with certain operation results, up to $200,000/year. The salary may be paid, at the employee’s discretion, either in cash or in common stock. A $1,000 per month allowance will be granted to the executive for housing near the Company’s South Carolina facility. The employment agreement awards the CEO 1,500,000 restricted shares of the Company’s restricted stock, which shall vest in the following manner: 375,000 shares on March 1, 2019, 375,000 shares on March 1, 2020, 375,000 shares on March 1, 2021 and the final 375,000 shares on March 1, 2022. On August 12, 2019, the Company amended the Employment Contract with F. Jody Read, CEO, whereby 500,000 preferred series B stock were issued to Read. All other terms of the January 1, 2019 employment agreement remain in effect. On October 4, 2019, F. Jody Read resigned from the position of CEO and moved back into the role of COO. On August 12, 2019, the Company entered into a four-year employment agreement with Gary J. Grieco, its President, whereby Mr. Grieco will continue to receive $24,000 per year for services to Company as its President and whereby 500,000 preferred series B stock were issued to Grieco. The employment agreement begins on August 12, 2019, is automatically renewable for two years unless terminated earlier as per the terms of the agreement. Gary Grieco entered the role of CEO of the Company upon F. Jody Read’s resignation on October 4, 2019 and entered into a four-year employment agreement with the Company on January 1, 2020. Pursuant to the agreement Mr. Grieco will receive $48,000 per year commencing April 1, 2020 and receive 15,000,000 shares of the Company’s common stock for services to the Company as its President and CEO. In addition, once monthly revenue exceeds monthly expenses the salary will be increased and Mr. Grieco will be issued an additional 10,000,000 shares of the Company’s common stock. The employment agreement begins on January 1, 2020 and is automatically renewable for two years unless terminated earlier as per the terms of the agreement. Other Obligations and Commitments – On March 20, 2020, the Company entered into a consulting agreement. Pursuant to the agreement the consultant will provide investor relations services for a period of six months. The Company had issued the consultant 150,000 shares of common stock with a fair value of $5,880 for services received.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12. SUBSEQUENT EVENTS On July 6, 2020, the Company entered into a consulting agreement. Pursuant to the agreement the consultant will provide investor relations services for a period of one year in consideration for $3,000 per month and the issuance of 1,000,000 common shares of the Company. On July 7, 2020, the Company entered into a promissory note with a non-related party for $150,000. The note is due October 5, 2020, is unsecured and bears an interest rate of 10% per annum. On July 8, 2020, the Company entered into a consulting agreement. Pursuant to the agreement the consultant will provide operational business development and introductory services for a period of five years in consideration for the issuance of 1,000,000 common shares of the Company and a 5% commission, paid in shares, for any investments brokered. On July 15, 2020, the Company entered into a promissory note with a non-related party for $119,200. The note is repayable in $7,450 weekly payments. On August 11, 2020, 75,000 shares of preferred series C stock was converted into common stock (1 share converts into 100 shares of common stock), resulting in the issuance of 7,500,000 shares of common stock. On August 18, 2020, the Company settled the $100,000 note described in Note 5(i). Pursuant to the settlement agreement, the Company will issue the lender 5,281,088 shares of common stock and pay the lender $140,000 in four monthly installments of $35,000 commencing August 19, 2020 and ending November 19, 2020. On August 21, 2020, the Company sold future receivables with a non-related party for $50,000. The advance is repayable through daily payments of $1,071 totaling $74,950.

RESTATEMENT

RESTATEMENT	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
RESTATEMENT	NOTE 13. RESTATEMENT As previously disclosed, the Company determined that previously issued warrants to a debt holder should have been accounted for as cancelled along with the settlement of all outstanding debt with such holder in May 2020. In May 2020, the Company entered into a debt settlement agreement with one of its debt holders which settled all debt and warrants held by such holder. However, due to a misunderstanding of the facts and circumstances related to the settlement agreement, the Company did not reflect the warrants as settled at that time. Due to the provisions of the warrants, these were accounted for as derivative liabilities. The Company concluded that the impact of recognizing the cancellation of the warrants was materially different from its previously reported results. As a result, the Company is restating its unaudited condensed consolidated financial statements for the periods impacted. The following financial tables reconcile the previously reported amounts to the restated amounts for each unaudited condensed consolidated financial statement. The table below sets forth changes to the unaudited consolidated balance sheet: June 30, 2020 As Previously Reported Adjustments As Restated ASSETS Total current assets $ 416,893 $ — $ 416,893 Total property and equipment, net 401,233 — 401,233 Total other assets 3,554,793 — 3,554,793 TOTAL ASSETS 4,372,919 — 4,372,919 LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable 447,805 — 447,805 Accrued expenses – related parties 98,311 — 98,311 Accrued expenses 912,393 — 912,393 Notes payable – related parties 826,214 — 826,214 Notes payable, net 408,617 — 408,617 Convertible notes payable, net 980,254 — 980,254 Derivative liability 18,419,365 (7,025,392 ) 11,393,973 Total current liabilities 22,092,959 (7,025,392 ) 15,067,567 TOTAL LIABILITIES 22,092,959 (7,025,392 ) 15,067,567 TOTAL MEZZANINE EQUITY 702,645 — 702,645 STOCKHOLDERS’ DEFICIT Common stock 584,202 — 584,202 Additional paid-in capital 18,056,637 — 18,056,637 Accumulated deficit (37,063,524 ) 7,025,392 (30,038,132 ) (18,422,685 ) 7,025,392 (11,397,293 ) TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 4,372,919 $ — $ 4,372,919 The table below sets forth changes to the unaudited condensed consolidated statements of operations for the three months ended June 30, 2020: For the three months ended June 30, 2020 As Previously Reported Adjustments As Restated REVENUES Total revenues $ 881,172 $ — $ 881,172 OPERATING EXPENSES Total operating expenses 1,094,245 — 1,094,245 LOSS FROM OPERATIONS (213,073 ) — (213,073 ) OTHER INCOME (EXPENSE) Loss on change in fair value of derivative liability (1,092,845 ) (4,922,990 ) (6,015,835 ) Gain (loss) on change in fair value of preferred series A stock liability — — — Gain on sale of intangible assets — — — Gain (loss) on settlement of debt 1,759,539 11,948,382 13,707,921 Interest expense (459,930 ) — (459,930 ) Total other income (expense) 206,764 7,025,392 7,232,156 Income (loss) before income taxes (6,309 ) 7,025,392 7,019,083 Income taxes — — — NET INCOME (LOSS) (6,309 ) 7,025,392 7,019,083 Preferred series C stock deemed dividends — — — NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’ $ (6,309 ) $ 7,025,392 $ 7,019,083 Basic net income (loss) per share $ (0.00 ) $ 0.01 $ 0.01 Diluted net income (loss) per share $ (0.00 ) $ — $ (0.00 ) Basic weighted average shares outstanding 569,964,666 569,964,666 Diluted weighted average shares outstanding 569,964,666 774,463,424 The table below sets forth changes to the unaudited condensed consolidated statements of operations for the six months ended June 30, 2020: For the six months ended June 30, 2020 As Previously Reported Adjustments As Restated REVENUES Total revenues $ 1,153,354 $ — $ 1,153,354 OPERATING EXPENSES Total operating expenses 1,874,902 — 1,874,902 LOSS FROM OPERATIONS (721,548 ) — (721,548 ) OTHER INCOME (EXPENSE) Loss on change in fair value of derivative liability (10,387,607 ) (4,922,990 ) (15,310,597 ) Gain (loss) on change in fair value of preferred series A stock liability — — — Gain on sale of intangible assets — — — Gain (loss) on settlement of debt 1,715,539 11,948,382 13,663,921 Interest expense (894,341 ) — (894,341 ) Total other income (expense) (9,566,409 ) 7,025,392 (2,541,017 ) Income (loss) before income taxes (10,287,957 ) 7,025,392 (3,262,565 ) Income taxes — — — NET INCOME (LOSS) (10,287,957 ) 7,025,392 (3,262,565 ) Preferred series C stock deemed dividends (270,000 ) — (270,000 ) NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’ $ (10,557,957 ) $ 7,025,392 $ (3,532,565 ) Basic and diluted net income (loss) per share $ (0.02 ) $ 0.01 $ (0.01 ) Basic and diluted weighted average shares outstanding 557,809,456 557,809,456 The table below sets forth changes to the unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2020: For the six months ended June 30, 2020 As Previously Reported Adjustments As Restated Cash Flows from Operating Activities Net loss $ (10,287,957 ) $ 7,025,392 $ (3,262,565 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 164,369 — 164,369 Amortization of debt discounts 280,188 — 280,188 Common stock issued for services 133,245 — 133,245 Loss on change in fair value of derivative liability 10,387,607 4,922,990 15,310,597 (Gain) loss on settlement of debt (1,715,539 ) (11,948,382 ) (13,663,921 ) Default penalties on convertible notes payable 13,762 13,762 Change in operating assets and liabilities Accounts receivable (207,213 ) — (207,213 ) Inventory 26,669 — 26,669 Prepaid expenses (8,295 ) — (8,295 ) Other assets (12,027 ) — (12,027 ) Accounts payable 132,577 — 132,577 Accrued expenses – related party 13,773 — 13,773 Accrued expenses 620,188 — 620,188 Net cash used in operating activities (458,653 ) — (458,653 ) Net cash provided by investing activities — — — Net cash provided by financing activities 420,300 — 420,300 Net change in cash (38,353 ) — (38,353 ) Cash and cash equivalents at beginning of period 67,613 — 67,613 Cash and cash equivalents at end of period $ 29,260 $ — $ 29,260

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Nature of Operations and Significant Accounting Policies	Nature of Operations PCT LTD (formerly Bingham Canyon Corporation, (the “Company,” “PCT Ltd,” or “Bingham”), a Delaware corporation, was formed on February 27, 1986. The Company changed its domicile to Nevada on August 26, 1998. The Company acquires, develops and provides sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The Company specializes in providing cleaning, sanitizing, and disinfectant fluid solutions and fluid-generating equipment that creates environmentally safe solutions for global sustainability. Paradigm is located in Little River, SC and was formed June 6, 2012 under the name of EUR-ECA, Ltd. On September 11, 2015, its Board of Directors authorized EUR-ECA Ltd to file with the Nevada Secretary of State to change its name to Paradigm Convergence Technologies Corp. Paradigm is a technology licensing company specializing in environmentally safe solutions for global sustainability. The company holds a patent, intellectual property and/or distribution rights to innovative products and technologies. Paradigm provides innovative products and technologies for eliminating biocidal contamination from water supplies, industrial fluids, hard surfaces, food processing equipment, and medical devices. Paradigm’s overall strategy is to market new products and technologies through the use of equipment leasing, joint ventures, licensing, distributor agreements and partnerships. Effective on February 29, 2018, the Company changed its name from Bingham Canyon Corporation to PCT LTD to more accurately identify the Company’s direction and to develop the complimentary relationship and association with its wholly-owned operating company, Paradigm Convergence Technologies Corporation (“Paradigm” or “PCT Corp.”). Significant Accounting Policies There have been no changes to the significant accounting policies of the Company from the information provided in Note 1 of the Notes to the Consolidated Financial Statements in the Company's most recent Form 10-K.
Reclassification	Reclassification Certain balances on the previously issued statements of operations and cash flows have been reclassified to be consistent with the current period presentation. The reclassification had no impact on total financial position, net loss, or stockholders’ equity (deficit).
Fair Value Measurements	Fair Value Measurements The Company follows ASC 820, “ Fair Value Measurements and Disclosures • Level 1 - Valuations for assets and liabilities traded in active markets from readily available pricing sources such as quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable inputs (other than Level 1 quoted prices) such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data. • Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted cash flow methodologies and similar techniques. The carrying values of our financial instruments, including, cash and cash equivalents, accounts receivable, inventory, prepaid expenses, accounts payable and accrued expenses approximate their fair value due to the short maturities of these financial instruments. Derivative liabilities are determined based on “Level 3” inputs, which are significant and unobservable and have the lowest priority. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective relatively short maturity dates or durations. Our financial assets and liabilities carried at fair value measured on a recurring basis as of June 30, 2020, consisted of the following: Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs (restated) (restated) Description: Derivative liability (1) 11,393,973 — — 11,393,973 Total 11,393,973 — — 11,393,973 Our financial assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2019, consisted of the following: Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Description: Derivative liability (1) 10,517,873 — — 10,517,873 Total 10,517,873 — — 10,517,873 (1) The Company has estimated the fair value of these liabilities using the Binomial Model.
Basic and Diluted Income (Loss) Per Share	Basic and Diluted Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Potentially dilutive securities consist of the incremental common shares issuable upon exercise of common stock equivalents such as options, warrants, convertible notes payable, preferred series A stock and preferred series C stock. Potentially dilutive securities are excluded from the computation if their effect is anti-dilutive. As a result, for the three months ended June 30, 2020, there were outstanding common share equivalents which amounted to 319,106,192 (restated) shares of common stock that were not included in the calculation as their effect is anti-dilutive. For fiscal periods with net losses, these common share equivalents were not included in the computation of diluted loss per share as their effect would have been anti-dilutive. Three months ended June 30, 2020 Three months ended June 30, 2019 Six months Six months Numerator: Net income (loss) 7,019,083 (3,530,147 ) (3,532,565 ) (4,450,470 ) Loss on change in fair value of derivative liability 4,463,852 — — — Gain on settlement of debt (13,794,438 ) — — — Amortization of debt discount 176,381 — — — Interest expense 52,146 — — — Adjusted net income (loss) (2,082,976 ) (3,530,147 ) (3,532,565 ) (4,450,470 ) Denominator: Weighted average shares outstanding used in computing net income (loss) per share Basic 569,964,666 52,755,139 557,809,456 49,208,103 Effect of dilutive warrants 81,681,300 — — — Effect of convertible note weighted shares 122,817,458 — — — Diluted 774,463,424 52,755,139 557,809,456 49,208,103 Net income (loss) per share applicable to common shareholders: Basic 0.01 (0.07 ) (0.01 ) (0.09 ) Diluted (0.00 ) (0.07 ) (0.01 ) (0.09 )
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2018, the FASB issued Accounting Standards Update No. 2018-13 (“ASU 2018-13”), Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements relating to fair value measurements as outlined in Topic 820, Fair Value Measurement. ASU 2018-13 is applicable to all entities that are required, under GAAP, to make disclosures about recurring or nonrecurring fair value measurements. The amendments outlined in ASU 2018-13 are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted for any removed or modified disclosures upon issuance of ASU 2018-13. The Company adopted ASU 2018-13 on January 1, 2020 and the adoption of ASU 2018-13 did not have a material effect on the consolidated financial statements.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Financial assets and liabilities carried at fair value	Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs (restated) (restated) Description: Derivative liability (1) 11,393,973 — — 11,393,973 Total 11,393,973 — — 11,393,973 Total fair value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Description: Derivative liability (1) 10,517,873 — — 10,517,873 Total 10,517,873 — — 10,517,873 (1) The Company has estimated the fair value of these liabilities using the Binomial Model.
Basic and diluted income (loss) per share	Three months ended June 30, 2020 Three months ended June 30, 2019 Six months Six months Numerator: Net income (loss) 7,019,083 (3,530,147 ) (3,532,565 ) (4,450,470 ) Loss on change in fair value of derivative liability 4,463,852 — — — Gain on settlement of debt (13,794,438 ) — — — Amortization of debt discount 176,381 — — — Interest expense 52,146 — — — Adjusted net income (loss) (2,082,976 ) (3,530,147 ) (3,532,565 ) (4,450,470 ) Denominator: Weighted average shares outstanding used in computing net income (loss) per share Basic 569,964,666 52,755,139 557,809,456 49,208,103 Effect of dilutive warrants 81,681,300 — — — Effect of convertible note weighted shares 122,817,458 — — — Diluted 774,463,424 52,755,139 557,809,456 49,208,103 Net income (loss) per share applicable to common shareholders: Basic 0.01 (0.07 ) (0.01 ) (0.09 ) Diluted (0.00 ) (0.07 ) (0.01 ) (0.09 )

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property and equipment	June 30, 2020 December 31, 2019 Machinery and leased equipment $ 151,719 $ 151,719 Machinery and equipment not yet in service 294,896 321,565 Office equipment and furniture 20,064 20,064 Website 2,760 2,760 Total property and equipment $ 469,439 $ 496,108 Less: Accumulated Depreciation (68,206 ) (55,999 ) Property and equipment, net 401,233 440,109

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Components of intangible assets	June 30, 2020 December 31, 2019 Patents $ 4,505,489 $ 4,505,489 Technology rights 200,000 200,000 Intangibles, at cost 4,705,489 4,705,489 Less: Accumulated amortization (1,153,222 ) (1,001,060 ) Net Carrying Amount $ 3,552,267 $ 3,704,429
Estimated future amortization expense of intangible assets	$ For year ending December 31, 2020 - remaining 151,002 For year ending December 31, 2021 302,003 For year ending December 31, 2022 302,003 For year ending December 31, 2023 302,003 For year ending December 31, 2024 302,003 Thereafter 2,193,253 Total 3,552,267

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Notes payable	The following tables summarize notes payable as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Note Payable ** $ 25,000 05/08/2017 06/30/2018 0 % $ 27,500 $ 27,500 Note Payable ** $ 130,000 06/20/2018 01/02/2020 8 % $ 112,500 $ 130,000 Note Payable ** $ 8,700 11/15/2018 06/30/2019 10 % $ 8,700 $ 8,700 Note Payable (e) $ 90,596 09/15/2019 05/28/2020 8 % $ — $ 90,596 Note Payable (k) $ 50,000 10/03/2019 04/03/2020 12 % $ — $ 37,500 Note Payable (e) $ 17,500 11/12/2019 11/12/2020 8 % $ — $ 17,500 Note Payable ** $ 83,400 12/20/2019 06/19/2020 150 % $ 38,491 $ 80,192 Note Payable $ 148,362 12/20/2019 11/27/2020 80 % $ 68,496 $ 145,404 Note Payable (a) $ 25,782 01/08/2020 05/13/2020 313 % $ — $ — Note Payable (b) $ 33,660 02/19/2020 04/30/2020 585 % $ — $ — Note Payable (c)(e) $ 20,000 02/28/2020 05/28/2020 8 % $ — $ — Note Payable (d) $ 100,000 03/31/2020 08/01/2020 30 % $ 50,000 $ — Note Payable (e) $ 118,644 05/05/2020 05/05/2021 8 % $ 118,644 $ — Subtotal $ 424,331 $ 537,392 Debt discount $ (15,714 ) $ (69,239 ) Balance, net $ 408,617 $ 468,153 Less current portion $ (408,617 ) $ (468,153 ) Total long-term $ — $ — ** Currently in default a) On January 8, 2020, the Company sold future receivables with a non-related party for up to $87,540. During the period $25,782 was sold, of which $10,207 was loan fees and original issue discount resulting in cash proceeds to the Company of $15,575. The advance was repaid through $1,450 weekly payments. In connection with the advance, the Company granted the lender a security interest in all accounts, equipment, intangibles and inventory. This note was repaid during the period. b) On February 19, 2020, the Company sold future receivables with a non-related party for $33,660, of which $13,710 was loan fees and original issue discount resulting in cash proceeds to the Company of $19,950. The advance was repaid through $660 daily payments. In connection with the advance, the Company granted the lender a security interest in all accounts, equipment, intangibles and inventory. This note was repaid during the period. c) On February 28, 2020, the Company entered into a promissory note with a non-related party for $20,000. The note is due May 28, 2020, is unsecured and bears an interest rate of 8% per annum. On May 5, 2020, the Company consolidated this note with two others as described in Note 6(e). d) On March 31, 2020, the Company entered into a promissory note with a non-related party for $100,000. The note is due August 1, 2020, is unsecured and bears interest at $2,500 per month, repayable in four monthly payments of $27,500 commencing May 1, 2020. Additionally, the Company issued the lender 250,000 shares of the Company’s common stock with a fair market value of $8,225 as additional consideration for the loan. During the period, the Company repaid $50,000 of the note. e) On May 5, 2020, the Company consolidated three notes with principal amounts of $90,596, $17,500 and $20,000 as well as accrued interest into a new note with a principal amount of $118,644 and a maturity date of May 5, 2021. The note bears interest at 8% per annum and in connection with the consolidation the Company issued the lender 15,000,000 shares of the Company’s common stock with a fair value of $841,500. As the instruments were substantially different, the old notes were considered to be extinguished and the Company recognized a loss on settlement of debt of $826,500. The following table summarizes notes payable, related parties as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Note Payable, RP ** $ 30,000 04/10/2018 01/15/2019 3 % $ 30,000 $ 30,000 Note Payable, RP ** $ 380,000 06/20/2018 01/02/2020 8 % $ 380,000 $ 380,000 Note Payable, RP ** $ 350,000 06/20/2018 01/02/2020 5 % $ 322,214 $ 325,000 Note Payable, RP ** $ 17,000 06/20/2018 01/02/2020 5 % $ 17,000 $ 17,000 Note Payable, RP ** $ 50,000 07/27/2018 11/30/2018 8 % $ 50,000 $ 50,000 Note Payable, RP $ 5,000 10/09/2018 Demand 0 % $ 5,000 $ 5,000 Note Payable, RP $ 5,000 10/19/2018 Demand 0 % $ 5,000 $ 5,000 Note Payable, RP ** $ 15,000 08/16/2019 02/16/2020 8 % $ 15,000 $ 15,000 Note Payable, RP (f) $ 1,500 02/11/2020 Demand 0 % $ — $ — Note Payable, RP (g) $ 2,000 02/11/2020 Demand 0 % $ 2,000 $ — Subtotal $ 826,214 $ 827,000 Debt discount $ — $ (43 ) Balance, net $ 826,214 $ 826,957 Less current portion $ (826,214 ) $ (826,957 ) Total long-term $ — $ — ** Currently in default f) On February 11, 2020, the Company entered into a promissory note with the Chairman and CEO of the Company for $1,500. The note is due on demand, is unsecured and bears an interest rate of 0% per annum. The note was repaid during the period. g) On February 11, 2020, the Company entered into a promissory note with the COO and Director of the Company for $2,000. The note is due on demand, is unsecured and bears an interest rate of 0% per annum. The following table summarizes convertible notes payable as of June 30, 2020 and December 31, 2019: Type Original Amount Origination Date Maturity Date Annual Interest Rate Balance at June 30, 2020 Balance at December 31, 2019 Convertible Note Payable (h) * ** $ 50,000 12/06/2018 12/06/2019 12 % $ 5,685 $ 22,777 Convertible Note Payable * ** $ 65,000 12/06/2018 12/06/2019 12 % $ 46 $ 46 Convertible Note Payable (i) * ** $ 100,000 01/18/2019 01/16/2020 24 % $ 105,041 $ 95,492 Convertible Note Payable (r) $ 60,000 01/29/2019 01/22/2020 18 % $ — $ 266,050 Convertible Note Payable * ** $ 50,000 02/01/2019 10/22/2019 24 % $ 154,330 $ 154,330 Convertible Note Payable (o) $ 60,000 02/21/2019 02/14/2022 0 % $ — $ 74,000 Convertible Note Payable (j) * ** $ 55,125 02/21/2019 02/20/2020 24 % $ 46,338 $ 42,125 Convertible Note Payable * ** $ 75,000 03/18/2019 12/13/2019 24 % $ 232,814 $ 232,814 Convertible Note Payable (o) $ 26,000 09/16/2019 09/11/2022 0 % $ — $ 26,000 Convertible Note Payable (k) $ 175,814 09/27/2019 09/25/2020 8 % $ — $ 175,814 Convertible Note Payable $ 53,000 10/08/2019 10/07/2020 12 % $ — $ 53,000 Convertible Note Payable $ 50,000 10/31/2019 10/29/2020 12 % $ — $ 50,000 Convertible Note Payable (l) $ 8,888 02/19/2020 02/18/2021 12 % $ — $ — Convertible Note Payable (m) * ** $ 30,000 03/06/2020 03/05/2021 12 % $ 30,000 $ — Convertible Note Payable (n) $ 45,000 03/09/2020 03/02/2021 12 % $ 45,000 $ — Convertible Note Payable (p) * ** $ 150,000 04/10/2020 04/09/2021 12 % $ 150,000 $ — Convertible Note Payable (q) $ 128,000 04/16/2020 04/09/2021 12 % $ 128,000 $ — Convertible Note Payable (s) $ 83,000 05/12/2020 11/08/2021 12 % $ 83,000 $ — Subtotal $ 980,254 $ 1,192,448 Debt discount $ — $ (4,815 ) Balance, net $ 980,254 $ 1,187,633 Less current portion $ (980,254 ) $ (1,187,633 ) Total long-term $ — $ — * Embedded conversion feature accounted for as a derivative liability at period end h) During the period ended June 30, 2020, $17,092 of principal and $3,507 of interest of the convertible note payable was converted into 36,050,000 shares of the Company’s common stock. i) During the period ended June 30, 2020, the Company was further assessed default penalties and interest on this convertible note as the note reached maturity. Additional default and penalties were assessed in the amount of $118,295 of which $9,549 was recorded as a principal addition and $108,746 was recorded in accrued interest. to the note. j) During the period ended June 30, 2020, the Company was further assessed default penalties and interest on this convertible note as the note reached maturity. Additional default and penalties were assessed in the amount of $4,213 was recorded as a principal addition. k) On February 7, 2020, the Company extinguished both promissory note (totaling $39,000) and convertible note (totaling $181,000), including accrued interest with a non-related party through the issuance of 220,000 shares of preferred series C stock. The Company recorded the difference between the fair value of the preferred series C stock of $264,000 and the debt outstanding of $220,000 as a loss on extinguishment of debt of $44,000. l) On February 19, 2020, the Company received another tranche on a convertible note originally dated December 6, 2018. The new tranche had a principal amount of $8,888, with an original issue discount of $888. The convertible note is due 365 days from issuance, bears interest at 12% per annum and is convertible into common shares of the Company at 65% multiplied by the lowest traded price or lowest closing bid price during the 25 days the Company’s stock is tradable prior to the conversion date. Further, if at any time the stock price is less than $0.30 an additional 20% discount is applied and if at any time the conversion price is less than $0.01 and additional 10% is applied. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, all these additional discounts were triggered. m) On March 6, 2020, the Company received another tranche on a convertible note originally dated December 6, 2018. The new tranche had a principal amount of $30,000, with an original issue discount of $4,000. The convertible note is due 365 days from issuance, bears interest at 12% per annum and is convertible into common shares of the Company at 65% multiplied by the lowest traded price or lowest closing bid price during the 25 days the Company’s stock is tradable prior to the conversion date. Further, if at any time the stock price is less than $0.30 an additional 20% discount is applied and if at any time the conversion price is less than $0.01 and additional 10% is applied. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, all these additional discounts were triggered. n) On March 9, 2020, the Company entered into a convertible promissory with a non-related party for $45,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $42,000. The note is due on March 2, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020. o) On April 1, 2020, the Company entered into a settlement agreement to settle convertible notes with principal amounts of convertible notes. The Company agreed to pay $100,000 to settle the principal and accrued interest and penalties relating to the two convertible notes. The Company recorded a gain on settlement of debt of $312,269. p) On April 10, 2020, the Company entered into a convertible promissory note with a non-related party for $150,000 of which $18,000 was an original issue discount resulting in cash proceeds to the Company of $132,000. The note is due on April 9, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. The Note may be converted by the Lender at any time into shares of Company’s common stock at a conversion price equal to 65% of the lowest trading price during the 25-trading day period prior to the conversion date. Further, an additional 15% is applied if the Company fails to comply with its reporting requirements. During the period, this additional discount was triggered. q) On April 16, 2020, the Company entered into a convertible promissory with a non-related party for $128,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $125,000. The note is due on April 9, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020. r) On May 11, 2020, the Company entered into a settlement agreement to settle the $60,000 convertible note. The Company agreed to pay $100,000 to settle the principal and accrued interest and penalties relating the convertible note. The Company recorded a gain on settlement of debt of $2,273,770. s) On May 12, 2020, the Company entered into a convertible promissory with a non-related party for $83,000 of which $3,000 was an original issue discount resulting in cash proceeds to the Company of $80,000. The note is due on November 8, 2021 and bears interest on the unpaid principal balance at a rate of 12% per annum. Stringent pre-payment terms apply (from 15% to 40%, dependent upon the timeframe of repayment during the note’s term) and any part of the note which is not paid when due shall bear interest at the rate of 22% per annum from the due date until paid. The Note may be converted by the Lender at any time after 180 days of the date of issuance into shares of Company’s common stock at a conversion price equal to 61% of the lowest trading price during the 15-trading day period prior to the conversion date. As the note isn’t convertible until 180 days following issuance, no derivative liability was recognized as of June 30, 2020.

DERIVATIVE LIABILITIES (Tables)

DERIVATIVE LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Summary of changes in the fair value of the Company's Level 3 financial liabilities	June 30, December 31, (restated) Balance at the beginning of period $ 10,517,873 $ 322,976 Original discount limited to proceeds of notes 166,000 540,750 Fair value of derivative liabilities in excess of notes proceeds received 804,403 1,653,887 Settlement of derivative instruments (14,600,497 ) (3,258,054 ) Change in fair value of embedded conversion option 14,506,194 11,258,314 Balance at the end of the period $ 11,393,973 $ 10,517,873
Assumptions used in the calculations for fair value of derivative liabilities	Expected Volatility Risk-free Interest Rate Expected Dividend Yield Expected Life (in years) At issuance during the period 336-358% 0.25-1.47% 0 % 1.00 At June 30, 2020 236-320% 0.16-0.18% 0 % 0.68-3.70

STOCKHOLDERS' DEFICIT AND STO_2

STOCKHOLDERS' DEFICIT AND STOCK OPTIONS (Tables)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Summary of options issued and outstanding	Number of Weighted average exercise price Balance, December 31, 2019 200,000 2.00 Granted — — Expired — — Settled — — Balance, June 30, 2020 200,000 2.00
Stock options outstanding	Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised 01/26/2017 200,000 200,000 2.00 1.58 01/26/2022 400,000 200,000 200,000 $ 400,000

WARRANTS (Tables)

WARRANTS (Tables)	6 Months Ended
	Jun. 30, 2020
Guarantees and Product Warranties [Abstract]
Summary of the continuity of share purchase warrants	Number of Weighted average exercise price (restated) Balance, December 31, 2019 413,816,252 0.00053 Adjustment to warrants outstanding 43,154,762 0.00056 Granted — — Cancelled (197,190,272 ) 0.00041 Exercised (9,280,742 ) 0.00035 Balance, June 30, 2020 250,500,000 0.00049
Share purchase warrants outstanding	Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised (restated) (restated) (restated) 11/28/2018 142,857,143 * 142,857,143 * 0.00035 * 1.41 11/28/2021 $ 50,000 12/3/2018 500,000 500,000 0.10 3.43 12/3/2023 50,000 3/13/2019 107,142,857 * 107,142,857 * 0.00035 * 3.70 3/13/2024 37,500 250,500,000 250,500,000 $ 137,500

RESTATEMENT (Tables)

RESTATEMENT (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Changes to the unaudited consolidated balance sheet	June 30, 2020 As Previously Reported Adjustments As Restated ASSETS Total current assets $ 416,893 $ — $ 416,893 Total property and equipment, net 401,233 — 401,233 Total other assets 3,554,793 — 3,554,793 TOTAL ASSETS 4,372,919 — 4,372,919 LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable 447,805 — 447,805 Accrued expenses – related parties 98,311 — 98,311 Accrued expenses 912,393 — 912,393 Notes payable – related parties 826,214 — 826,214 Notes payable, net 408,617 — 408,617 Convertible notes payable, net 980,254 — 980,254 Derivative liability 18,419,365 (7,025,392 ) 11,393,973 Total current liabilities 22,092,959 (7,025,392 ) 15,067,567 TOTAL LIABILITIES 22,092,959 (7,025,392 ) 15,067,567 TOTAL MEZZANINE EQUITY 702,645 — 702,645 STOCKHOLDERS’ DEFICIT Common stock 584,202 — 584,202 Additional paid-in capital 18,056,637 — 18,056,637 Accumulated deficit (37,063,524 ) 7,025,392 (30,038,132 ) (18,422,685 ) 7,025,392 (11,397,293 ) TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 4,372,919 $ — $ 4,372,919
Changes to the unaudited condensed consolidated statements of operations	For the three months ended June 30, 2020 As Previously Reported Adjustments As Restated REVENUES Total revenues $ 881,172 $ — $ 881,172 OPERATING EXPENSES Total operating expenses 1,094,245 — 1,094,245 LOSS FROM OPERATIONS (213,073 ) — (213,073 ) OTHER INCOME (EXPENSE) Loss on change in fair value of derivative liability (1,092,845 ) (4,922,990 ) (6,015,835 ) Gain (loss) on change in fair value of preferred series A stock liability — — — Gain on sale of intangible assets — — — Gain (loss) on settlement of debt 1,759,539 11,948,382 13,707,921 Interest expense (459,930 ) — (459,930 ) Total other income (expense) 206,764 7,025,392 7,232,156 Income (loss) before income taxes (6,309 ) 7,025,392 7,019,083 Income taxes — — — NET INCOME (LOSS) (6,309 ) 7,025,392 7,019,083 Preferred series C stock deemed dividends — — — NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’ $ (6,309 ) $ 7,025,392 $ 7,019,083 Basic net income (loss) per share $ (0.00 ) $ 0.01 $ 0.01 Diluted net income (loss) per share $ (0.00 ) $ — $ (0.00 ) Basic weighted average shares outstanding 569,964,666 569,964,666 Diluted weighted average shares outstanding 569,964,666 774,463,424 The table below sets forth changes to the unaudited condensed consolidated statements of operations for the six months ended June 30, 2020: For the six months ended June 30, 2020 As Previously Reported Adjustments As Restated REVENUES Total revenues $ 1,153,354 $ — $ 1,153,354 OPERATING EXPENSES Total operating expenses 1,874,902 — 1,874,902 LOSS FROM OPERATIONS (721,548 ) — (721,548 ) OTHER INCOME (EXPENSE) Loss on change in fair value of derivative liability (10,387,607 ) (4,922,990 ) (15,310,597 ) Gain (loss) on change in fair value of preferred series A stock liability — — — Gain on sale of intangible assets — — — Gain (loss) on settlement of debt 1,715,539 11,948,382 13,663,921 Interest expense (894,341 ) — (894,341 ) Total other income (expense) (9,566,409 ) 7,025,392 (2,541,017 ) Income (loss) before income taxes (10,287,957 ) 7,025,392 (3,262,565 ) Income taxes — — — NET INCOME (LOSS) (10,287,957 ) 7,025,392 (3,262,565 ) Preferred series C stock deemed dividends (270,000 ) — (270,000 ) NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’ $ (10,557,957 ) $ 7,025,392 $ (3,532,565 ) Basic and diluted net income (loss) per share $ (0.02 ) $ 0.01 $ (0.01 ) Basic and diluted weighted average shares outstanding 557,809,456 557,809,456
Changes to the unaudited condensed consolidated statements of cash flows	For the six months ended June 30, 2020 As Previously Reported Adjustments As Restated Cash Flows from Operating Activities Net loss $ (10,287,957 ) $ 7,025,392 $ (3,262,565 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 164,369 — 164,369 Amortization of debt discounts 280,188 — 280,188 Common stock issued for services 133,245 — 133,245 Loss on change in fair value of derivative liability 10,387,607 4,922,990 15,310,597 (Gain) loss on settlement of debt (1,715,539 ) (11,948,382 ) (13,663,921 ) Default penalties on convertible notes payable 13,762 13,762 Change in operating assets and liabilities Accounts receivable (207,213 ) — (207,213 ) Inventory 26,669 — 26,669 Prepaid expenses (8,295 ) — (8,295 ) Other assets (12,027 ) — (12,027 ) Accounts payable 132,577 — 132,577 Accrued expenses – related party 13,773 — 13,773 Accrued expenses 620,188 — 620,188 Net cash used in operating activities (458,653 ) — (458,653 ) Net cash provided by investing activities — — — Net cash provided by financing activities 420,300 — 420,300 Net change in cash (38,353 ) — (38,353 ) Cash and cash equivalents at beginning of period 67,613 — 67,613 Cash and cash equivalents at end of period $ 29,260 $ — $ 29,260

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Financial assets and liabilities carried at fair value (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Derivative liability	$ 11,393,973	$ 10,517,873	$ 322,976
Total	11,393,973	10,517,873
Quoted prices in active markets (Level 1)
Derivative liability
Total
Significant other observable inputs (Level 2)
Derivative liability
Total
Significant unobservable inputs (Level 3)
Derivative liability	11,393,973	10,517,873
Total	$ 11,393,973	$ 10,517,873

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Basic and diluted income (loss) per share (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator
Net income (loss)	$ 7,019,083	$ (10,281,648)	$ (3,530,147)	$ (920,323)	$ (3,262,565)	$ (4,450,470)
Loss on change in fair value of derivative liability	4,463,852
Gain on settlement of debt	(13,794,438)
Amortization of debt discount	176,381
Interest expense	52,146
Adjusted net income (loss)	$ (2,082,976)		$ (3,530,147)		$ (3,532,565)	$ (4,450,470)
Denominator: Weighted average shares outstanding used in computing net income (loss) per share
Basic	569,964,666		52,755,139		557,809,456	49,208,103
Effect of dilutive warrants	81,681,300
Effect of convertible note weighted shares	122,817,458
Diluted	774,463,424		52,755,139		557,809,456	49,208,103
Net income (loss) per share applicable to common shareholders:
Basic	$ 0.01		$ (0.07)		$ (0.01)	$ (0.09)
Diluted	$ 0		$ (0.07)		$ (0.01)	$ (0.09)

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	6 Months Ended
	Jun. 30, 2020shares
Accounting Policies [Abstract]
Antidilutive securities excluded from calculation of earnings per share	573,019,281

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Losses incurred since inception	$ (30,038,132)	$ (26,505,567)
Working capital deficit	$ (14,650,674)

PROPERTY AND EQUIPMENT - Proper

PROPERTY AND EQUIPMENT - Property and equipment (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Machinery and leased equipment	$ 151,719	$ 151,719
Machinery and equipment not yet in services	294,896	321,565
Office equipment and furniture	20,064	20,064
Website	2,760	2,760
Total Property and equipment	469,439	496,108
Less: Accumulated depreciation	(68,206)	(55,999)
Property and equipment, net	$ 401,233	$ 440,109

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ (12,207)	$ (12,701)

INTANGIBLE ASSETS - Components

INTANGIBLE ASSETS - Components of intangible assets (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Patents	$ 4,505,489	$ 4,505,489
Technology rights	200,000	200,000
Intangible, at cost	4,705,489	4,705,489
Less: Accumulated amortization	(1,153,222)	(1,001,060)
Net Carrying Amount	$ 3,552,267	$ 3,704,429

INTANGIBLE ASSETS - Estimated f

INTANGIBLE ASSETS - Estimated future amortization expense of intangible assets (Details)	Jun. 30, 2020USD ($)
Intangible Assets - Estimated Future Amortization Expense Of Intangible Assets
For year ending December 31, 2020 - remaining	$ 151,002
For year ending December 31, 2021	302,003
For year ending December 31, 2022	302,003
For year ending December 31, 2023	302,003
For year ending December 31, 2024	302,003
Thereafter	2,193,046
Total	$ 3,552,267

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Intangible Assets
Amortization expense	$ (152,162)	$ (156,400)

NOTES PAYABLE - Notes payable (

NOTES PAYABLE - Notes payable (Details)	6 Months Ended
	Jun. 30, 2020USD ($)
Notes Payable (4)
Original amount	$ 25,000
Issuance date	May 8, 2017
Maturity date	Jun. 30, 2018
Interest rate	0.00%
Balance, beginning	$ 27,500
Balance, ending	27,500
Notes Payable (14)
Original amount	$ 130,000
Issuance date	Jun. 20, 2018
Maturity date	Jan. 2, 2020
Interest rate	8.00%
Balance, beginning	$ 130,000
Balance, ending	112,500
Notes Payable (18)
Original amount	$ 8,700
Issuance date	Nov. 15, 2018
Maturity date	Jun. 30, 2019
Interest rate	10.00%
Balance, beginning	$ 8,700
Balance, ending	8,700
Notes Payable (22)
Original amount	$ 90,596
Issuance date	Sep. 15, 2019
Maturity date	May 28, 2020
Interest rate	8.00%
Balance, beginning	$ 90,596
Balance, ending
Notes Payable (23)
Original amount	$ 50,000
Issuance date	Oct. 3, 2019
Maturity date	Apr. 3, 2020
Interest rate	12.00%
Balance, beginning	$ 37,500
Balance, ending
Notes Payable (24)
Original amount	$ 17,500
Issuance date	Nov. 12, 2019
Maturity date	Nov. 12, 2020
Interest rate	8.00%
Balance, beginning	$ 17,500
Balance, ending
Notes Payable (26)
Original amount	$ 83,400
Issuance date	Dec. 20, 2019
Maturity date	Jun. 19, 2020
Interest rate	150.00%
Balance, beginning	$ 80,192
Balance, ending	38,491
Notes Payable (27)
Original amount	$ 148,362
Issuance date	Dec. 20, 2019
Maturity date	Nov. 27, 2020
Interest rate	80.00%
Balance, beginning	$ 145,404
Balance, ending	68,496
Notes Payable (28)
Original amount	$ 25,782
Issuance date	Jan. 8, 2020
Maturity date	May 13, 2020
Interest rate	313.00%
Balance, beginning
Balance, ending
Notes Payable (29)
Original amount	$ 33,660
Issuance date	Feb. 19, 2020
Maturity date	Apr. 30, 2020
Interest rate	585.00%
Balance, beginning
Balance, ending
Notes Payable (30)
Original amount	$ 20,000
Issuance date	Feb. 28, 2020
Maturity date	May 28, 2020
Interest rate	8.00%
Balance, beginning
Balance, ending
Notes Payable (31)
Original amount	$ 100,000
Issuance date	Mar. 31, 2020
Maturity date	Aug. 1, 2020
Interest rate	30.00%
Balance, beginning
Balance, ending	50,000
Notes Payable (32)
Original amount	$ 118,644
Issuance date	May 5, 2020
Maturity date	May 5, 2021
Interest rate	8.00%
Balance, beginning
Balance, ending	118,644
Notes Payable, Related Party (12)
Original amount	$ 30,000
Issuance date	Apr. 10, 2018
Maturity date	Jan. 15, 2019
Interest rate	3.00%
Balance, beginning	$ 30,000
Balance, ending	30,000
Notes Payable, Related Party (14)
Original amount	$ 380,000
Issuance date	Jun. 20, 2018
Maturity date	Jan. 2, 2020
Interest rate	8.00%
Balance, beginning	$ 380,000
Balance, ending	380,000
Notes Payable, Related Party (15)
Original amount	$ 350,000
Issuance date	Jun. 20, 2018
Maturity date	Jan. 2, 2020
Interest rate	5.00%
Balance, beginning	$ 325,000
Balance, ending	322,214
Notes Payable, Related Party (16)
Original amount	$ 17,000
Issuance date	Jun. 20, 2018
Maturity date	Jan. 2, 2020
Interest rate	5.00%
Balance, beginning	$ 17,000
Balance, ending	17,000
Notes Payable, Related Party (18)
Original amount	$ 50,000
Issuance date	Jul. 27, 2018
Maturity date	Nov. 30, 2018
Interest rate	8.00%
Balance, beginning	$ 50,000
Balance, ending	50,000
Notes Payable, Related Party (19)
Original amount	$ 5,000
Issuance date	Oct. 9, 2018
Interest rate	0.00%
Balance, beginning	$ 5,000
Balance, ending	5,000
Notes Payable, Related Party (20)
Original amount	$ 5,000
Issuance date	Oct. 19, 2018
Interest rate	0.00%
Balance, beginning	$ 5,000
Balance, ending	5,000
Notes Payable, Related Party (24)
Original amount	$ 15,000
Issuance date	Aug. 16, 2019
Maturity date	Feb. 16, 2020
Interest rate	8.00%
Balance, beginning	$ 15,000
Balance, ending	15,000
Notes Payable, Related Party (25)
Original amount	$ 1,500
Issuance date	Feb. 11, 2020
Interest rate	0.00%
Balance, beginning
Balance, ending
Notes Payable, Related Party (26)
Original amount	$ 2,000
Issuance date	Feb. 11, 2020
Interest rate	0.00%
Balance, beginning
Balance, ending	2,000
Convertible Note Payable (5)
Original amount	$ 50,000
Issuance date	Dec. 6, 2018
Maturity date	Dec. 6, 2019
Interest rate	12.00%
Balance, beginning	$ 22,777
Balance, ending	5,685
Convertible Note Payable (6)
Original amount	$ 65,000
Issuance date	Dec. 6, 2018
Maturity date	Dec. 6, 2019
Interest rate	12.00%
Balance, beginning	$ 46
Balance, ending	46
Convertible Note Payable (9)
Original amount	$ 100,000
Issuance date	Jan. 18, 2019
Maturity date	Jan. 16, 2020
Interest rate	8.00%
Balance, beginning	$ 95,492
Balance, ending	105,041
Convertible Note Payable (10)
Original amount	$ 60,000
Issuance date	Jan. 29, 2019
Maturity date	Jan. 22, 2020
Interest rate	8.00%
Balance, beginning	$ 266,050
Balance, ending
Convertible Note Payable (11)
Original amount	$ 50,000
Issuance date	Feb. 1, 2019
Maturity date	Oct. 22, 2019
Interest rate	24.00%
Balance, beginning	$ 154,330
Balance, ending	154,330
Convertible Note Payable (12)
Original amount	$ 60,000
Issuance date	Feb. 21, 2019
Maturity date	Feb. 14, 2022
Interest rate	0.00%
Balance, beginning	$ 74,000
Balance, ending
Convertible Note Payable (13)
Original amount	$ 55,125
Issuance date	Feb. 21, 2019
Maturity date	Feb. 20, 2020
Interest rate	12.00%
Balance, beginning	$ 42,125
Balance, ending	46,338
Convertible Note Payable (15)
Original amount	$ 75,000
Issuance date	Mar. 18, 2019
Maturity date	Dec. 13, 2019
Interest rate	24.00%
Balance, beginning	$ 232,814
Balance, ending	232,814
Convertible Note Payable (17)
Original amount	$ 26,000
Issuance date	Sep. 16, 2019
Maturity date	Sep. 11, 2022
Interest rate	0.00%
Balance, beginning	$ 26,000
Balance, ending
Convertible Note Payable (18)
Original amount	$ 175,814
Issuance date	Sep. 27, 2019
Maturity date	Sep. 25, 2020
Interest rate	8.00%
Balance, beginning	$ 175,814
Balance, ending
Convertible Note Payable (19)
Original amount	$ 53,000
Issuance date	Oct. 8, 2019
Maturity date	Oct. 7, 2020
Interest rate	12.00%
Balance, beginning	$ 53,000
Balance, ending
Convertible Note Payable (20)
Original amount	$ 50,000
Issuance date	Oct. 31, 2019
Maturity date	Oct. 29, 2020
Interest rate	12.00%
Balance, beginning	$ 50,000
Balance, ending
Convertible Note Payable (21)
Original amount	$ 8,888
Issuance date	Feb. 19, 2020
Maturity date	Feb. 18, 2021
Interest rate	5.00%
Balance, beginning
Balance, ending
Convertible Note Payable (22)
Original amount	$ 30,000
Issuance date	Mar. 6, 2020
Maturity date	Mar. 5, 2021
Interest rate	5.00%
Balance, beginning
Balance, ending	30,000
Convertible Note Payable (23)
Original amount	$ 45,000
Issuance date	Mar. 9, 2020
Maturity date	Mar. 2, 2021
Interest rate	12.00%
Balance, beginning
Balance, ending	45,000
Convertible Note Payable (24)
Original amount	$ 150,000
Issuance date	Apr. 10, 2020
Maturity date	Apr. 9, 2021
Interest rate	12.00%
Balance, beginning
Balance, ending	150,000
Convertible Note Payable (25)
Original amount	$ 128,000
Issuance date	Apr. 16, 2020
Maturity date	Apr. 9, 2021
Interest rate	12.00%
Balance, beginning
Balance, ending	128,000
Convertible Note Payable (26)
Original amount	$ 83,000
Issuance date	May 12, 2020
Maturity date	Nov. 8, 2021
Interest rate	12.00%
Balance, beginning
Balance, ending	$ 83,000

DERIVATIVE LIABILITIES - Summar

DERIVATIVE LIABILITIES - Summary of changes in the fair value of the Company's Level 3 financial liabilities (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Notes to Financial Statements
Balance at the beginning of period	$ 10,517,873	$ 322,976
Original discount limited to proceeds of notes	166,000	540,750
Fair value of derivative liabilities in excess of notes proceeds received	804,403	1,653,887
Settlement of derivative instruments	(14,600,497)	(3,258,054)
Change in fair value of embedded conversion option	14,506,194	11,258,314
Balance at the end of the period	$ 11,393,973	$ 10,517,873

DERIVATIVE LIABILITIES - Assump

DERIVATIVE LIABILITIES - Assumptions used in the calculations for fair value of derivative liabilities (Details)	6 Months Ended
	Jun. 30, 2020
Derivative liabilities - At Issuance
Expected price volatility, minimum	336.00%
Expected price volatility, maximum	358.00%
Expected dividend yield	0.00%
Expected option life, maximum	1 year
Risk-free interest rate, minimum	0.25%
Risk-free interest rate, maximum	1.47%
Derivative liabilities
Expected price volatility, minimum	236.00%
Expected price volatility, maximum	320.00%
Expected dividend yield	0.00%
Expected option life, minimum	8 months 5 days
Expected option life, maximum	3 years 8 months 12 days
Risk-free interest rate, minimum	0.16%
Risk-free interest rate, maximum	0.18%

STOCKHOLDERS' DEFICIT AND STO_3

STOCKHOLDERS' DEFICIT AND STOCK OPTIONS - Summary of options issued and outstanding (Details)	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Stockholders Deficit And Stock Options - Summary Of Options Issued And Outstanding
Number of options, beginning balance | shares	200,000
Number of options, granted | shares
Number of options, expired | shares
Number of options, settled | shares
Number of options, ending balance | shares	200,000
Weighted average exercise price, beginning balance | $ / shares	$ 2
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, expired | $ / shares
Weighted average exercise price, settled | $ / shares
Weighted average exercise price, ending balance | $ / shares	$ 2

STOCKHOLDERS' DEFICIT AND STO_4

STOCKHOLDERS' DEFICIT AND STOCK OPTIONS - Stock options outstanding (Details) - Options issued and outstanding	6 Months Ended
	Jun. 30, 2020USD ($)$ / sharesshares
Number outstanding	200,000
Number exercisable	200,000
Exercise price | $ / shares	$ 2
Weighted average remaining contractual life	1 year 6 months 29 days
Expiration date	Jan. 26, 2022
Proceeds to Company if exercised | $	$ 400,000

WARRANTS - Summary of the conti

WARRANTS - Summary of the continuity of share purchase warrants (Details)	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Guarantees and Product Warranties [Abstract]
Number of warrants, beginning balance | shares	413,816,252
Number of warrants, adjustments to warrants outstanding | shares	43,154,762
Number of warrants, granted | shares
Number of warrants, cancelled | shares	(197,190,272)
Number of warrants, exercised | shares	(9,280,742)
Number of warrants, ending balance | shares	250,500,000
Weighted average exercise price, beginning balance | $ / shares	$ 0.00053
Weighted average exercise price, adjustments to warrants outstanding | $ / shares	0.00056
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, cancelled | $ / shares	0.00041
Weighted average exercise price, exercised | $ / shares	0.00035
Weighted average exercise price, ending balance | $ / shares	$ 0.00049

WARRANTS - Share purchase warra

WARRANTS - Share purchase warrants outstanding (Details) - Share purchase warrants outstanding - USD ($)	Mar. 14, 2019	Dec. 04, 2018	Nov. 29, 2018	Jun. 30, 2020
Number outstanding	107,142,857	500,000	142,857,143	250,500,000
Number exercisable	107,142,857	500,000	142,857,143	250,500,000
Exercise price	$ 0.00035	$ 0.10	$ 0.00035
Weighted average remaining contractual life	3 years 8 months 12 days	3 years 5 months 5 days	1 year 4 months 28 days
Expiration date	Mar. 13, 2024	Dec. 3, 2023	Nov. 28, 2021
Proceeds to Company if exercised	$ 37,500	$ 50,000	$ 50,000	$ 137,500

RESTATEMENT - Changes to the un

RESTATEMENT - Changes to the unaudited consolidated balance sheet (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Total current assets	$ 416,893		$ 224,738
Total property and equipment, net	401,233		440,109
Total other assets	3,554,793		3,709,928
TOTAL ASSETS	4,372,919		4,374,775
CURRENT LIABILITIES
Accounts payable	447,805		315,228
Accrued expenses – related parties	98,311		84,538
Accrued expenses	912,393		890,104
Notes payable – related parties	826,214		826,957
Notes payable, net	408,617		468,153
Convertible notes payable, net	980,254		1,187,633
Derivative liability	11,393,973		10,517,873			$ 322,976
Total current liabilities	15,067,567		14,290,486
TOTAL LIABILITIES	15,067,567		14,290,486
TOTAL MEZZANINE EQUITY	702,645		218,645
STOCKHOLDERS’ DEFICIT
Common stock	584,202		498,881
Additional paid-in capital	18,056,637		15,872,330
Accumulated deficit	(30,038,132)		(26,505,567)
TOTAL STOCKHOLDERS' DEFICIT	(11,397,293)	$ (19,892,006)	(10,134,356)	$ (1,530,060)	$ 1,689,586	$ 1,705,587
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY	4,372,919		$ 4,374,775
As Previously Reported
ASSETS
Total current assets	416,893
Total property and equipment, net	401,233
Total other assets	3,554,793
TOTAL ASSETS	4,372,919
CURRENT LIABILITIES
Accounts payable	447,805
Accrued expenses – related parties	98,311
Accrued expenses	912,393
Notes payable – related parties	826,214
Notes payable, net	408,617
Convertible notes payable, net	980,254
Derivative liability	18,419,365
Total current liabilities	22,092,959
TOTAL LIABILITIES	22,092,959
TOTAL MEZZANINE EQUITY	702,645
STOCKHOLDERS’ DEFICIT
Common stock	584,202
Additional paid-in capital	18,056,637
Accumulated deficit	(37,063,524)
TOTAL STOCKHOLDERS' DEFICIT	(18,422,685)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY	4,372,919
Adjustments
ASSETS
Total current assets
Total property and equipment, net
Total other assets
TOTAL ASSETS
CURRENT LIABILITIES
Accounts payable
Accrued expenses – related parties
Accrued expenses
Notes payable – related parties
Notes payable, net
Convertible notes payable, net
Derivative liability	(7,025,392)
Total current liabilities	(7,025,392)
TOTAL LIABILITIES	(7,025,392)
TOTAL MEZZANINE EQUITY
STOCKHOLDERS’ DEFICIT
Common stock
Additional paid-in capital
Accumulated deficit	7,025,392
TOTAL STOCKHOLDERS' DEFICIT	7,025,392
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY

RESTATEMENT - Changes to the _2

RESTATEMENT - Changes to the unaudited condensed consolidated statements of operations (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
REVENUES
Total revenues	$ 881,172		$ 118,862		$ 1,153,354	$ 314,819
OPERATING EXPENSES
Total operating expenses	1,094,245		527,397		1,874,902	1,351,927
LOSS FROM OPERATIONS	(213,073)		(408,535)		(721,548)	(1,037,108)
OTHER INCOME (EXPENSE)
Loss on change in fair value of derivative liability	(6,015,835)		(2,789,342)		(15,310,597)	(2,951,641)
Gain (loss) on change in fair value of preferred series A stock liability			(3,004)			72,473
Gain on sale of intangible assets			52,498			52,498
Gain (loss) on settlement of debt	13,707,921				13,663,921	(84,409)
Interest expense	(459,930)		(381,764)		(894,341)	(502,283)
Total other income (expense)	7,232,156		(3,121,612)		(2,541,017)	(3,413,362)
Income (loss) before income taxes	7,019,083		(3,530,147)		(3,262,565)	(4,450,470)
Income taxes
Net income (loss)	7,019,083	$ (10,281,648)	(3,530,147)	$ (920,323)	(3,262,565)	(4,450,470)
Preferred series C stock deemed dividends					(270,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’	$ 7,019,083		$ (3,530,147)		$ (3,532,565)	$ (4,450,470)
Basic net income (loss) per share	$ 0.01		$ (0.07)		$ (0.01)	$ (0.09)
Diluted net income (loss) per share	$ 0		$ (0.07)		$ (0.01)	$ (0.09)
Basic weighted average shares outstanding	569,964,666		52,755,139		557,809,456	49,208,103
Diluted weighted average shares outstanding	774,463,424		52,755,139		557,809,456	49,208,103
As Previously Reported
REVENUES
Total revenues	$ 881,172				$ 1,153,354
OPERATING EXPENSES
Total operating expenses	1,094,245				1,874,902
LOSS FROM OPERATIONS	(213,073)				(721,548)
OTHER INCOME (EXPENSE)
Loss on change in fair value of derivative liability	(1,092,845)				(10,387,607)
Gain (loss) on change in fair value of preferred series A stock liability
Gain on sale of intangible assets
Gain (loss) on settlement of debt	1,759,539				1,715,539
Interest expense	(459,930)				(894,341)
Total other income (expense)	206,764				(9,566,409)
Income (loss) before income taxes	(6,309)				(10,287,957)
Income taxes
Net income (loss)	(6,309)				(10,287,957)
Preferred series C stock deemed dividends					(270,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’	$ (6,309)				$ (10,557,957)
Basic net income (loss) per share	$ 0				$ (0.02)
Diluted net income (loss) per share	$ 0
Basic weighted average shares outstanding	569,964,666				557,809,456
Diluted weighted average shares outstanding	569,964,666
Adjustments
REVENUES
Total revenues
OPERATING EXPENSES
Total operating expenses
LOSS FROM OPERATIONS
OTHER INCOME (EXPENSE)
Loss on change in fair value of derivative liability	(4,922,990)				(4,922,990)
Gain (loss) on change in fair value of preferred series A stock liability
Gain on sale of intangible assets
Gain (loss) on settlement of debt	11,948,382				11,948,382
Interest expense
Total other income (expense)	7,025,392				7,025,392
Income (loss) before income taxes	7,025,392				7,025,392
Income taxes
Net income (loss)	7,025,392				7,025,392
Preferred series C stock deemed dividends
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS’	$ 7,025,392				$ 7,025,392
Basic net income (loss) per share	$ 0.01				$ 0.01
Diluted net income (loss) per share

RESTATEMENT - Changes to the _3

RESTATEMENT - Changes to the unaudited condensed consolidated statements of cash flows (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Net loss	$ 7,019,083	$ (10,281,648)	$ (3,530,147)	$ (920,323)	$ (3,262,565)	$ (4,450,470)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization					164,369	169,101
Amortization of debt discounts					280,188	300,703
Common stock issued for services					133,245	122,052
Loss on change in fair value of derivative liability	6,015,835		2,789,342		15,310,597	2,951,641
(Gain) loss on settlement of debt	(13,707,921)				(13,663,921)	84,409
Default penalties on convertible notes payable					13,762	87,500
Change in operating assets and liabilities
Accounts receivable					(207,213)	(81,166)
Inventory					26,669	644
Prepaid expenses					(8,295)	177,475
Other assets					(12,027)
Accounts payable					132,577	59,265
Accrued expenses – related party					13,773	8,245
Accrued expenses					620,188	215,811
Net cash used in operating activities					(458,653)	(453,220)
Net cash provided by investing activities						49,984
Net cash provided by financing activities					420,300	435,641
Net change in cash					(38,353)	32,405
Cash and cash equivalents at beginning of period		67,613		$ 4,893	67,613	4,893
Cash and cash equivalents at end of period	29,260		$ 37,298		29,260	$ 37,298
As Previously Reported
Cash Flows from Operating Activities
Net loss	(6,309)				(10,287,957)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization					164,369
Amortization of debt discounts					280,188
Common stock issued for services					133,245
Loss on change in fair value of derivative liability	1,092,845				10,387,607
(Gain) loss on settlement of debt	(1,759,539)				(1,715,539)
Default penalties on convertible notes payable					13,762
Change in operating assets and liabilities
Accounts receivable					(207,213)
Inventory					26,669
Prepaid expenses					(8,295)
Other assets					(12,027)
Accounts payable					132,577
Accrued expenses – related party					13,773
Accrued expenses					620,188
Net cash used in operating activities					(458,653)
Net cash provided by investing activities
Net cash provided by financing activities					420,300
Net change in cash					(38,353)
Cash and cash equivalents at beginning of period		67,613			67,613
Cash and cash equivalents at end of period	29,260				29,260
Adjustments
Cash Flows from Operating Activities
Net loss	7,025,392				7,025,392
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
Amortization of debt discounts
Common stock issued for services
Loss on change in fair value of derivative liability	4,922,990				4,922,990
(Gain) loss on settlement of debt	(11,948,382)				(11,948,382)
Change in operating assets and liabilities
Accounts receivable
Inventory
Prepaid expenses
Other assets
Accounts payable
Accrued expenses – related party
Accrued expenses
Net cash used in operating activities
Net cash provided by investing activities
Net cash provided by financing activities
Net change in cash
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period