Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2019 | Jul. 10, 2020 | Jun. 30, 2019 | |
Document And Entity Information | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2019 | ||
Document Fiscal Year Focus | 2019 | ||
Document Fiscal Period Focus | FY | ||
Entity Registrant Name | Digital Development Partners, Inc. | ||
Entity Current Reporting Status | Yes | ||
Entity Central Index Key | 0001409999 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Trading Symbol | DGDM | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | true | ||
Entity Ex Transition Period | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 191,250 | ||
Entity Common Stock, Shares Outstanding | 150,225,000 |
Balance Sheets
Balance Sheets - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Current Assets | ||
Cash | $ 973 | $ 4,733 |
Total Assets | 973 | 4,733 |
Current Liabilities | ||
Accounts payable and accrued liabilities | 267,195 | 231,553 |
Related party loan payables | 874,573 | 792,008 |
Total Liabilities | 1,141,768 | 1,023,561 |
Stockholders' Deficit | ||
Common stock, $0.001 par value; 225,000,000 shares authorized, 85,970,665 shares issued and outstanding at December 31, 2019, and December 31, 2018, respectively | 85,971 | 85,971 |
Additional paid-in capital | 7,488,946 | 7,488,946 |
Accumulated deficit | (8,715,712) | (8,593,745) |
Total Stockholders' Deficit | (1,140,795) | (1,018,828) |
Total Liabilities and Stockholders' Deficit | $ 973 | $ 4,733 |
Balance Sheets (Parenthetical)
Balance Sheets (Parenthetical) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Balance Sheets | ||
Accounts payable and accrued liabilities includes related party interest | $ 258,524 | $ 216,862 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 225,000,000 | 225,000,000 |
Common Stock, Shares, Issued | 85,970,665 | 85,970,665 |
Common Stock, Shares, Outstanding | 85,970,665 | 85,970,665 |
Statements of Operations
Statements of Operations - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Operating Expenses | ||
General and administrative | $ 80,306 | $ 83,538 |
Total operating expenses | 80,306 | 83,538 |
Loss from operations | (80,306) | (83,538) |
Other Expense | ||
Interest Expense | (41,661) | (37,572) |
Total Other Expense | (41,661) | (37,572) |
Net Loss | $ (121,967) | $ (121,110) |
Net Loss Per Common Share: | ||
Basic and Diluted | $ 0 | $ 0 |
Weighted Average Common Shares Outstanding | ||
Basic and Diluted | 85,970,665 | 85,970,665 |
Statements of Changes in Stockh
Statements of Changes in Stockholders' Deficit - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] | Total |
Beginning Balance at Dec. 31, 2017 | $ 85,971 | $ 7,488,946 | $ (8,472,635) | $ (897,718) |
Beginning Balance (in shares) at Dec. 31, 2017 | 85,970,665 | |||
Net Loss | $ 0 | 0 | (121,110) | (121,110) |
Ending Balance at Dec. 31, 2018 | $ 85,971 | 7,488,946 | (8,593,745) | (1,018,828) |
Ending Balance (in shares) at Dec. 31, 2018 | 85,970,665 | |||
Net Loss | (121,967) | (121,967) | ||
Ending Balance at Dec. 31, 2019 | $ 85,971 | $ 7,488,946 | $ (8,715,712) | $ (1,140,795) |
Ending Balance (in shares) at Dec. 31, 2019 | 85,970,665 |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Cash flows from operating activities: | ||
Net Loss | $ (121,967) | $ (121,110) |
Change in operating assets and liabilities: | ||
Accounts payable and accrued liabilities | 35,642 | 45,012 |
Net cash used in operating activities | (86,325) | (76,098) |
Cash flows from financing activities: | ||
Proceeds from related party notes | 222,176 | 79,258 |
Repayments on related party loans | (139,611) | 0 |
Net cash provided by financing activities | 82,565 | 79,258 |
Net increase (decrease) in cash | (3,760) | 3,160 |
Cash, beginning of period | 4,733 | 1,573 |
Cash, end of period | $ 973 | 4,733 |
Supplemental cash flow disclosure | ||
Interest paid | 0 | |
Taxes paid | $ 0 |
Basis of Presentation and Natur
Basis of Presentation and Nature of Operations | 12 Months Ended |
Dec. 31, 2019 | |
Basis of Presentation and Nature of Operations | |
Basis of Presentation and Nature of Operations | Notes to Financial Statements December 31, 2019 1. Organization Digital Development Partners, Inc. (the “Company”) was incorporated in the State of Nevada in 2006 under the name “Cyprium Resources Inc.”, which was changed to its current name in August 2009. Through 2014, the Company was involved, first, in the mining industry and, then, in the communications industry. From 2015 until the January 2020 acquisition of Black Bird Potentials Inc., a Wyoming corporation (“Black Bird”), the Company was a “shell company,” as defined in Rule 12b-2 of the Securities Exchange Act of 1934. |
Summary of Significant Accounti
Summary of Significant Accounting Policies and Going Concern | 12 Months Ended |
Dec. 31, 2019 | |
Summary of Significant Accounting Policies and Going Concern | |
Summary of Significant Accounting Policies and Going Concern | 2. Going Concern The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company also has a working capital deficit as of December 31, 2019. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s activities will necessitate significant uses of working capital beyond 2019. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. Cash and Cash Equivalents and Restricted Cash Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents or restricted cash as of December 31, 2019 and 2018. Income Taxes The Company accounts for income taxes utilizing ASC 740, “Income Taxes”. ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Basic and Diluted Net Loss Per Share Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There is no potential dilutive securities as of December 31, 2019, or December 31, 2018. As there was a net loss for these periods, basic and diluted loss per share is the same for the twelve months ended December 31, 2019 and 2018. Related Parties A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party. Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. |
Loans Payable - Related Parties
Loans Payable - Related Parties | 12 Months Ended |
Dec. 31, 2019 | |
Loans Payable - Related Parties | |
Loans Payable - Related Parties | 3. The following table sets forth outstanding loans payable to related parties as of December 31, 2019 and 2018, respectively. December 31, December 31, 2019 2018 EFT Holdings, Inc.* $ 634,323 $ 751,258 EF2T, Inc. 105,250 40,750 Astonia LLC 135,000 — $ 874,573 $ 792,008 * Advances of $22,676 were received from EFT Holdings, Inc. (“EFT Holdings”) and no expenses were paid by EFT Holdings on behalf of the Company, during the year ended December 31, 2019. During the year ended December 31, 2018, at total of $40,258 in advances were received from EFT Holdings. During the year ended December 31, 2019, the Company repaid $139,611 in loans due to EFT Holdings. The amounts due EFT Holdings bear interest at 5% per year, are secured by all future sales of the Company and have a maturity of one year. As of December 31, 2019 and 2018, the Company owed EFT Holdings $251,785 and $215,608, respectively, in accrued and unpaid interest. $-0- of these EFT Holdings advances at December 31, 2019, were past due and payable upon demand. Advances of $64,500 were received from EF2T, Inc. (“EF2T”) during the year ended December 31, 2019. The amounts due EF2T bear interest at 5% per year, are secured by all future sales of the Company, and have a maturity of one year. As of December 31, 2019 and 2018, the Company owed EF2T $4,742 and $1,254, respectively, in accrued and unpaid interest. Advances of $135,000 were received from Astonia, LLC (“Astonia”) during the year ended December 31, 2019. Astonia is considered a “related party”, due to the fact that a Director of the Company, Jack Jie Qin, is the manager of Astonia. The amounts due Astonia bear interest at 5% per year, are secured by all future sales of the Company, and have a maturity of one year. As of December 31, 2019, the Company owed Astonia $1,997 in accrued and unpaid interest. |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2019 | |
Income Taxes | |
Income Taxes | 4. The Company's federal income tax returns for the years ended December 31, 2016, through December 31, 2018, remain subject to examination by the Internal Revenue Service, as of December 31, 2019. No provision was made for federal income tax for the year ended December 31, 2019, since the Company had net operating losses. The Company has available net operating loss carry-forward of approximately $1,298,000, which begins to expire in 2029 unless utilized beforehand. The availability of the Company’s net operating loss carry forwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock. As presented below, the Company generated a deferred tax asset through the net operating loss carry-forward. However, a 100% valuation allowance has been established because the ultimate realization of the deferred tax asset is dependent upon the generation of future taxable income during the periods in which the net operating loss carryforwards are available. Management considers projected future taxable income, the scheduled reversal of deferred tax liabilities and available tax planning strategies that can be implemented by the Company in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the period in which the net operating loss carryforwards are available to reduce income taxes payable, management has established a full valuation allowance such that the net deferred tax asset is $0 as of December 31, 2019 and 2018. The Tax Cuts and Jobs Act of 2017 (the “2017 Act”) reduced the corporate tax rate from 35% to 21% for tax years beginning after December 31, 2018. For net operating losses (NOLs) arising after December 31, 2018, the 2017 Act limits a taxpayer’s ability to utilize NOL carryforwards to 80% of taxable income. In addition, NOLs arising after 2017 can be carried forward indefinitely, but carryback is generally prohibited. NOLs generated in tax years beginning before January 1, 2018, will not be subject to the taxable income limitation. The 2017 Act would eliminates the carryback of all NOLs arising in a tax year ending after 2017 and, instead, permits all such NOLs to be carried forward indefinitely. As of December 31, 2019 2018 Deferred tax assets: Net operating loss carryforwards $ $ 247,127 Less: valuation allowance (272,740) (247,127) Net deferred tax assets $ — $ — |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2019 | |
Subsequent Events | |
Subsequent Events | 5. Acquisition of Black Bird Potentials Inc. Effective January 1, 2020, the Company consummated a plan and agreement of merger (the “Merger Agreement”) with Black Bird Potentials Inc., a Wyoming corporation (“Black Bird”), pursuant to which Black Bird became a wholly-owned subsidiary of the Company. Pursuant to the Merger Agreement, the Company issued 120,000,000 shares of its common stock to the shareholders of Black Bird and four persons were added to the Company’s Board of Directors. Pursuant to the Merger Agreement, the Company’s four new directors were issued a total of 100,178,661 shares of Company common stock. Thus, a change in control of the Company occurred in connection with the Merger Agreement. Cancellation of Debt Agreement In conjunction with the Merger Agreement, the Company entered into a cancellation of stock agreement with its former majority shareholder, EFT Holdings, whereby it cancelled all 79,265,000 shares of common stock then owned by EFT Holdings. Debt Forgiveness Agreements In conjunction with the Merger Agreement, the Company entered into debt forgiveness agreements with related parties, as follows: " EFT Holdings, Inc. : the Company issued 18,221,906 shares of common stock to its former majority shareholder, EFT Holdings, Inc., in payment of $886,108 of indebtedness, principal and accrued interest, pursuant to a debt forgiveness agreement. " EF2T, Inc. : the Company issued 2,240,768 shares of common stock to a related party, EF2T, Inc., in payment of $109,992 of indebtedness, principal and accrued interest, pursuant to a debt forgiveness agreement. " Astonia LLC : the Company issued 2,831,661 shares of common stock to a related party, Astonia LLC, in payment of $136,997 of indebtedness, principal and accrued interest, pursuant to a debt forgiveness agreement. Amendment of Articles of Incorporation In January 2020, the Company filed a Certificate of Amendment to our Articles of Incorporation to change its corporate name to “Black Bird Potentials Inc.” The effective time of this corporate action will depend on the date on which FINRA issues its approval thereof. Common Stock Issued for Services In March 2020, the Company issued 100,000 shares of common stock to two third-party consultants pursuant to a consulting agreement, which shares were valued at $.08 per share, or $8,000, in the aggregate. In addition to the issuance of such shares, the third-party consultants are to be paid $500 per month and a sales commission equal to 5% of sales made through Black Bird’s GrizzlyCreekNaturals.com website. The term of the consulting agreement extends from March 2020 to September 30, 2020, with an affirmed understanding that, assuming Black Bird approves of the results of the third-party consultants’ efforts, an extension is to be negotiated in good faith. Regional Development and Distribution Agreement In March 2020, Black Bird entered into a regional development and distribution agreement with Northland Partners, LLC (the “Tri-State Distributor”), who will focus on distribution of Black Bird’s products in North Dakota, South Dakota and Minnesota. Tri-State Distributor has the right to distribute Black Bird’s products anywhere in the United States. Convertible Promissory Notes In April 2020, the Company obtained a total of $50,000 in loans from two third parties ($25,000 from each). In consideration of each loan, the Company issued a $25,000 face amount convertible promissory note that bears interest at 10% per annum, with principal and interest due in January 2021. Each such convertible promissory note may be converted into shares of our common stock at the rate of one share for each $.001 of debt converted anytime after August 30, 2020. Regulation A Offering In May 2020, the Company filed an Offering Statement on Form 1-A with Securities and Exchange Commission with respect to 20,000,000 shares of common stock. Other Management has evaluated subsequent events through July 13, 2020, the date on which the financial statements were available to be issued. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies and Going Concern (Policies) | 12 Months Ended |
Dec. 31, 2019 | |
Summary of Significant Accounting Policies and Going Concern | |
Going Concern | Going Concern The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company also has a working capital deficit as of December 31, 2019. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s activities will necessitate significant uses of working capital beyond 2019. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. |
Cash and Cash Equivalents and Restricted Cash | Cash and Cash Equivalents and Restricted Cash Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents or restricted cash as of December 31, 2019 and 2018. |
Income Taxes | Income Taxes The Company accounts for income taxes utilizing ASC 740, “Income Taxes”. ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. |
Basic and Diluted Net Loss Per Share | Basic and Diluted Net Loss Per Share Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There is no potential dilutive securities as of December 31, 2019, or December 31, 2018. As there was a net loss for these periods, basic and diluted loss per share is the same for the twelve months ended December 31, 2019 and 2018. |
Related Parties | Related Parties A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. |
Loans Payable - Related Parti_2
Loans Payable - Related Parties (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Loans Payable - Related Parties | |
Schedule of loans payable to related parties | December 31, December 31, 2019 2018 EFT Holdings, Inc.* $ 634,323 $ 751,258 EF2T, Inc. 105,250 40,750 Astonia LLC 135,000 — $ 874,573 $ 792,008 * |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Income Taxes | |
Schedule of deferred tax assets and liabilities | As of December 31, 2019 2018 Deferred tax assets: Net operating loss carryforwards $ $ 247,127 Less: valuation allowance (272,740) (247,127) Net deferred tax assets $ — $ — |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies and Going Concern (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Summary of Significant Accounting Policies and Going Concern | ||
Cash and Cash Equivalents, at Carrying Value | $ 0 | $ 0 |
Weighted Average Number Diluted Shares Outstanding Adjustment | 0 | 0 |
Loans Payable - Related Parti_3
Loans Payable - Related Parties (Details) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Related Party Transactions [Line Items] | ||
Loans payable to related parties | $ 874,573 | $ 792,008 |
EFT Holdings, Inc. | ||
Related Party Transactions [Line Items] | ||
Loans payable to related parties | 634,323 | 751,258 |
EF2T, Inc. [Member] | ||
Related Party Transactions [Line Items] | ||
Loans payable to related parties | 105,250 | $ 40,750 |
Astonia LLC | ||
Related Party Transactions [Line Items] | ||
Loans payable to related parties | $ 135,000 |
Loans Payable - Related Parti_4
Loans Payable - Related Parties - Additional Information (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Related Party Transactions [Line Items] | ||
Proceeds from Related Party Debt | $ 222,176 | $ 79,258 |
Proceeds from (Repayments of) Related Party Debt | (139,611) | 0 |
EFT Holdings, Inc. | ||
Related Party Transactions [Line Items] | ||
Proceeds from (Repayments of) Related Party Debt | 139,611 | |
Due to Related Parties | 0 | |
EFT Holdings, Inc. | Secured Debt [Member] | ||
Related Party Transactions [Line Items] | ||
Proceeds from Related Party Debt | $ 22,676 | 40,258 |
Debt Instrument, Interest Rate During Period | 5.00% | |
Debt Instrument, Term | 1 year | |
Interest Payable | $ 251,785 | 215,608 |
Expenses paid Net | 0 | |
EF2T, Inc. [Member] | Secured Debt [Member] | ||
Related Party Transactions [Line Items] | ||
Proceeds from Related Party Debt | $ 64,500 | |
Debt Instrument, Interest Rate During Period | 5.00% | |
Debt Instrument, Term | 1 year | |
Interest Payable | $ 4,742 | $ 1,254 |
Astonia LLC | Secured Debt [Member] | ||
Related Party Transactions [Line Items] | ||
Proceeds from Related Party Debt | $ 135,000 | |
Debt Instrument, Interest Rate During Period | 5.00% | |
Debt Instrument, Term | 1 year | |
Interest Payable | $ 1,997 |
Income Taxes (Details)
Income Taxes (Details) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Deferred tax assets: | ||
Net operating loss carryforwards | $ 272,740 | $ 247,127 |
Less: valuation allowance | (272,740) | (247,127) |
Net deferred tax assets | $ 0 | $ 0 |
Income Taxes - Additional Infor
Income Taxes - Additional Information (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Operating Loss Carryforwards | $ 1,298,000 | |
Operating Loss Carry Forwards Expiration Description | 2029 | |
Deferred Tax Assets, Net of Valuation Allowance | $ 0 | $ 0 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | |
Effective Income Tax Rate Reconciliation, Percent | 80.00% | |
Scenario, Plan [Member] | ||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% |
Subsequent Events (Details)
Subsequent Events (Details) - Subsequent Events | Jan. 01, 2020USD ($)personshares | Apr. 30, 2020USD ($)$ / shares | Mar. 31, 2020USD ($)item$ / sharesshares |
Common stock shares issued to third-party consultants | shares | 100,000 | ||
Number of third-party consultants | item | 2 | ||
Share price | $ / shares | $ 0.08 | ||
Value of common stock shares issued to third-party consultants | $ 8,000 | ||
Additional amount to be paid by third-party consultants | $ 500 | ||
Sales commission (as a percent) | 5.00% | ||
Total loans obtained from two third parties | $ 50,000 | ||
Proceeds from loans obtained from each third party consultants | 25,000 | ||
Convertible promissory notes face amount of each loan | $ 25,000 | ||
Convertible promissory note interest per annum | 10.00% | ||
Conversion price at rate of one share | $ / shares | $ 0.001 | ||
Cancellation of Debt Agreement | EFT Holdings, Inc. | |||
Common stock shares cancelled | shares | 79,265,000 | ||
Debt Forgiveness Agreement | EFT Holdings, Inc. | |||
Common stock shares issued to related party | shares | 18,221,906 | ||
Value of common stock shares issued to related party | $ 886,108 | ||
Debt Forgiveness Agreement | EF2T, Inc | |||
Common stock shares issued to related party | shares | 2,240,768 | ||
Value of common stock shares issued to related party | $ 109,992 | ||
Debt Forgiveness Agreement | Astonia LLC | |||
Common stock shares issued to related party | shares | 2,831,661 | ||
Value of common stock shares issued to related party | $ 136,997 | ||
Black Bird Potentials Inc., | Merger Agreement | |||
Common stock shares issued to shareholders | shares | 120,000,000 | ||
Number of persons were added to the Company's Board of Directors | person | 4 | ||
Common stock shares issued by four directors | shares | 100,178,661 |