GBT (GTCH) 10-K 27 May 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	May 27, 2020	Jun. 30, 2019
Document And Entity Information
Entity Registrant Name	GBT Technologies Inc.
Entity Central Index Key	0001471781
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity File Number	000-54530
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	NV
Entity Public Float			$ 24,965,813
Entity Common Stock, Shares Outstanding		171,496,091
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)		Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash		$ 59,634	$ 1,863,510
Accounts receivable		89,123	40,466
Prepaid expenses and other current assets			27,602
Marketable equity security		1,000,000	4,200,000
Assets of discontinued operations			4,223,011
Total current assets		1,148,757	10,354,589
Property and equipment, net		117,686	191,094
Convertible note receivable		4,000,000
Marketable equity security			14,000,000
Equity investment
Total assets		5,266,443	24,545,683
Current liabilities:
Accounts payable and accrued expenses (including related parties of $711,042 and $312,052)		2,965,682	1,431,425
Unearned revenue			257,848
Accrued settlement		4,090,057
Due to Guardian LLC (related party)			702,483
Convertible notes payable, net of discount of $0 and $3,233,124			198,076
Note payable, net of discount of $47,671 and $744		5,923,590	2,699,256
Derivative liability			3,833,506
Liabilities of discontinued operations			906,700
Total current liabilities		12,979,329	10,029,294
Convertible notes payable		11,000,000
Total liabilities		23,979,329	10,029,294
Contingencies
Stockholders' Equity (Deficit):
Common stock, $0.00001 par value; 100,000,000,000 shares authorized; 16,536,351 and 1,822,243 shares issued and outstanding at December 31, 2019 and 2018		4,310	3,822
Treasury stock, at cost; 1,040 shares at December 31, 2019 and 2018		(643,059)	(643,059)
Stock loan receivable		(7,610,147)
Additional Paid In Capital		242,192,461	81,306,958
Accumulated deficit		(252,656,451)	(66,151,332)
Total stockholders' equity (deficit)		(18,712,886)	14,516,389
Total liabilities and stockholders' equity (deficit)		5,266,443	24,545,683
Series B Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit):
Preferred stock value	[1]
Series C Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit):
Preferred stock value	[2]
Series D Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit):
Preferred stock value	[3]
Series G Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit):
Preferred stock value	[4]
Series H Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit):
Preferred stock value	[5]
[1]	Series B Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 45,000 and 45,000 shares issued and outstanding at December 31, 2019 and 2018
[2]	Series C Preferred stock, $0.00001 par value; 10,000 shares authorized; 700 and 700 shares issued and outstanding at December 31, 2019 and 2018
[3]	Series D Preferred stock, $0.00001 par value; 100,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2019 and 2018
[4]	Series G Preferred stock, $0.00001 par value; 2,000,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2019 and 2018
[5]	Series H Preferred stock, $0.00001 par value ($500.00 stated value); 40,000 shares authorized; 20,000 shares issued and outstanding at December 31, 2019

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Accounts payable and accrued expenses related party	$ 845,513	$ 312,052
Discount	0	3,233,124
Note payable discount	$ 47,671	$ 744
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized	500,000,000	500,000,000
Common stock, issued	16,536,351	182,224,264
Common stock, outstanding	16,536,351	182,224,264
Treasury stock	1,040	1,040
Series B Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	45,000	45,000
Preferred stock, outstanding	45,000	45,000
Series C Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized	10,000	10,000
Preferred stock, issued	700	700
Preferred stock, outstanding	700	700
Series D Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized	100,000	100,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Series G Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized	2,000,000	2,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Series H Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.00001
Preferred stock, authorized	40,000
Preferred stock, issued	20,000
Preferred stock, outstanding	20,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Sales:
Sales	$ 19,097,058	$ 14,327,869
Related party sales	180,000	180,000
Total sales	19,277,058	14,507,869
Cost of goods sold	18,259,955	13,377,761
Gross profit	1,017,103	1,130,108
Operating expenses:
General and administrative expenses	128,417,117	16,187,421
Marketing expenses	869,143	502,539
Acquisition costs	150,000	10,966,791
Buyout of joint venture agreement (related party)		11,750,000
Impairment of assets	48,631,534	7,132,286
Total operating expenses	178,067,794	46,539,037
Loss from operations	(177,050,691)	(45,408,929)
Other income (expense):
Amortization of debt discount	(6,821,453)	(3,740,794)
Change in fair value of derivative liability	7,290,867	(734,540)
Interest expense and financing costs	(6,215,457)	(5,814,006)
Unrealized loss on marketable equity security	(6,525,317)	6,475,317
Realized gain (loss) on disposal of marketable equity security	(90,683)
Equity income (loss) in investment	631,534	(2,155,317)
Gain on settlement of debt	1,375,556
Total other income (expense)	(10,354,953)	(5,969,340)
Loss before income taxes	(187,405,644)	(51,378,269)
Income tax expense
Loss from continuing operations	(187,405,644)	(51,378,269)
Discontinued operations:
Loss from operations of discontinued operations	(481,278)	(391,401)
Gain on disposition of discontinued operations	1,381,803
Loss from discontinued operations, net	900,525	(391,401)
Net loss	$ (186,505,119)	$ (51,769,670)
Weighted average common shares outstanding:
Basic and diluted	4,786,694	1,306,204
Net loss per share (basic and diluted):
Continuing operations	$ (39.15)	$ (39.33)
Discontinued operations	0.19	(0.30)
Net loss per share basic and diluted	$ (38.96)	$ (39.63)

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Series B Convertible Preferred Stock	Series C Convertible Preferred Stock	Series D Convertible Preferred Stock	Series G Convertible Preferred Stock	Series H Convertible Preferred Stock	Common Stock [Member]	Treasury Stock	Loan Receivable	Paid-In Capital	Accumulated Deficit	Total
Balances at beginning at Dec. 31, 2017			$ 1	$ 20	$ 20	$ 2,582	$ (643,059)		$ 19,243,959	$ (14,381,662)	$ 4,221,841
Balances at beginning (in shares) at Dec. 31, 2017	45,000	700	66,000	2,000,000	2,000,000	582,154	1,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of Series D to common stock			$ (1)			$ 660			(659)
Conversion of Series D to common stock (in shares)			(66,000)			660,000
Conversion of Series G to common stock				$ (20)	$ (20)	$ 20
Conversion of Series G to common stock (in shares)				(2,000,000)	(2,000,000)	20,000
Common stock issued for services						$ 41			5,338,184		5,338,225
Common stock issued for services (in shares)						41,438
Common stock issued for acquisition						$ 7			1,704,993		1,705,000
Common stock issued for acquisition (in shares)						7,500
Common stock issued for acquisition services						$ 53			8,302,947		8,303,000
Common stock issued for acquisition services (in shares)						52,500
Common stock issued for equity interest in Mobiquity Technologies, Inc.						$ 200			13,879,800		13,880,000
Common stock issued for equity interest in Mobiquity Technologies, Inc. (in shares)						200,000
Common stock issued to Guardian LLC for termination of agreement						$ 125			11,749,875		11,750,000
Common stock issued to Guardian LLC for termination of agreement (in shares)						125,000
Common stock issued for price protection						$ 23			883,427		883,450
Common stock issued for price protection (in shares)						23,186
Common stock issued for conversion of convertible debt and accrued interest						$ 98			2,298,594		2,298,692
Common stock issued for conversion of convertible debt and accrued interest (in shares)						98,238
Cancellation of common stock for settlement agreement									(42,650)		(42,650)
Cancellation of common stock for settlement agreement (in shares)						(500)
Common stock issued for cash						$ 13			1,499,987		1,500,000
Common stock issued for cash (in shares)						12,727
Warrants issued for acquisition									1,675,877		1,675,877
Warrants issued for acquisition (in shares)
Warrants issued for services									4,219,237		4,219,237
Warrants issued for services (in shares)
Warrants issued for acqusition services									3,661,791		3,661,791
Warrants issued for acquisition services (in shares)
Fair value of beneficial conversion feature of debt repaid/converted									2,996,442		2,996,442
Relative fair value of warrants issued with convertible debt									3,336,783		3,336,783
Fair value of beneficial conversion feature associated with convertible debt									558,371		558,371
Net loss										(51,769,670)	(51,769,670)
Balances at ending at Dec. 31, 2018						$ 3,822	$ (643,059)		81,306,958	(66,151,332)	14,516,389
Balances at ending (in shares) at Dec. 31, 2018	45,000	700				1,822,243	1,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued for services						$ 10			235,890		235,900
Common stock issued for services (in shares)						9,500
Common stock issued for price protection
Common stock issued for conversion of convertible debt and accrued interest						$ 75			1,420,059		1,420,134
Common stock issued for conversion of convertible debt and accrued interest (in shares)						74,762
Common stock issued for stock loan						$ 200		(7,610,147)	7,609,947
Common stock issued for stock loan (in shares)						200,267
Common stock issued for penalty						$ 59			975,006		975,065
Common stock issued for penalty (in shares)						59,820
Common stock issued for joint venture						$ 100			17,899,900		17,900,000
Common stock issued for joint venture (in shares)						10,000,000
Common stock issued for cashless exercise of warrants						$ 46			(46)
Common stock issued for cashless exercise of warrants (in shares)						4,566,214
Cancellation of shares for exchange of Mobiquity shares						$ (2)			(797,998)		(798,000)
Cancellation of shares for exchange of Mobiquity shares (in shares)						(200,000)
Series H preferred stock issued for acquisition									8,400,000		8,400,000
Series H preferred stock issued for acquisition (in shares)					20,000
Stock options issued for services									766,804		766,804
Stock options issued for services (in shares)
Fair value of beneficial conversion feature of debt repaid/converted									2,264,578		2,264,578
Relative fair value of warrants issued with convertible debt									1,634,760		1,634,760
Fair value of warrants issued									120,476,603		120,476,603
Rounding of shares due to stock split						3,545
Net loss										(186,505,119)	(186,505,119)
Balances at ending at Dec. 31, 2019						$ 4,310	$ (643,059)	$ (7,610,147)	$ 242,192,461	$ (252,656,451)	$ (18,712,886)
Balances at ending (in shares) at Dec. 31, 2019	45,000	700			20,000	16,536,351	1,040

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash Flows From Operating Activities:
Net loss	$ (186,505,119)	$ (51,769,670)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment	107,095	106,602
Amortization of intangible assets	358,266	1,150,260
Amortization of debt discount	6,821,453	3,740,794
Change in fair value of derivative liability	(7,290,867)	734,540
Financing cost	4,356,699	3,551,057
Shares issued for services	235,900	13,641,225
Shares issued for buyout of joint venture agreement		11,750,000
Shares issued for penalty	975,065
Warrant issued for services	766,804	7,881,028
Fair value of warrants issued in accordance with anit-dilution	120,476,603
Impairment of assets	48,631,534	7,132,286
Unrealized loss on market equity security	6,525,317	(6,475,317)
Realized gain on disposal of market equity security	90,683
Equity (income) loss in investment	(631,534)	2,155,317
Gain on disposition of discontinued operations	(1,381,803)
Convertible note issued for services	1,000,000
Gain on settlement of debt	(1,375,556)
Cancellation of common stock per settlement agreement		(42,650)
Common stock issued for price protection		883,450
Changes in operating assets and liabilities:
Accounts receivable	(616,084)	(110,171)
Inventory		262,749
Prepaid expenses	16,000	(16,000)
Accounts payable and accrued expenses	1,720,799	1,162,602
Unearned revenue	(257,848)	257,848
Accrued settlement	55,613
Due to Guardian, LLC	(702,483)	(647,779)
Net cash used in operating activities	(6,623,463)	(4,651,829)
Cash Flows From Investing Activities:
Purchase of property and equipment	(17,471)	(16,958)
Cash paid for acquisition		(200,000)
Cash paid for investment in Spare		(265,000)
Cash paid for investment	(1,200,000)
Cash of discontinued operations	(270,947)
Cash from the sale of marketable equity security	336,000
Other		1,979
Net cash used in investing activities	(1,152,418)	(479,979)
Cash Flows From Financing Activities:
Issuance of convertible notes	3,000,000	6,356,000
Issuance of note payable	3,071,261
Repayment of convertible notes		(1,305,000)
Payment on note payable	(99,256)	(860,744)
Issuance of common stock		1,500,000
Net cash provided by financing activities	5,972,005	5,690,256
Net decrease in cash	(1,803,876)	558,448
Cash, beginning of period	1,863,510	1,305,062
Cash, end of period	59,634	1,863,510
Cash paid for interest	744	1,264,256
Cash paid for income taxes
Supplemental non-cash investing and financing activities
Debt discount	3,636,000	6,000,244
Transfer of derivative liability to equity	2,264,578	2,996,442
Shares issued for equity interest in Mobiquity Technologies, Inc.		$ 13,880,000

Organization and Basis of Prese

Organization and Basis of Presentation	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1 - Organization and Basis of Presentation Organization and Line of Business GBT Technologies Inc. (formerly Gopher Protocol Inc.) (the “Company”, “GBT”, “GTCH”) was incorporated on July 22, 2009 under the laws of the State of Nevada. The Company is targeting growing markets such as development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including wireless mesh network technology platform and fixed solutions, development of an intelligent human body vitals device, prepaid services, asset-tracking IoT, and wireless mesh networks. Effective August 5, 2019, the Company changed its name from Gopher Protocol Inc. to GBT Technologies Inc. The Company also offers prepaid cellular phone minutes for both domestic and international carriers. In addition, the Company offers cellular activation (activating SIM cards with wireless carriers) to create additional users (consumers) on those networks and provides check processing, verification and recovery solutions for small to medium sized businesses. The Company derived revenues from (i) the provision of IT services; (ii) from the operations of the assets that include the sale of phones, phone card products, prepaid cellular phone minutes and cellular activation and (iii) from the licensing of its technology. Basis of Presentation The accompanying consolidated financial statements were prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Stock Split On August 5, 2019, the Company effectuated a 1 for 100 reverse stock split. The share and per share information has been retroactively restated to reflect this reverse stock split. (Also see Note 17 for a 1 for 50 stock split awaiting approval) Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of $252,656,451 and has a working capital deficit of $11,830,572 as of December 31, 2019, and is in default on a note payable and other obligations, which raises substantial doubt about its ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate profitable operations in the future and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through some private placement offerings of debt and equity securities. These plans, if successful, will mitigate the factors which raise substantial doubt about the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Significant estimates in the accompanying financial statements include useful lives of property and equipment, valuation of beneficial conversion feature, debt discounts, valuation of derivatives, and the valuation allowance on deferred tax assets. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, UGopherServices Corp. GBT BitSpeed Corp. and Gopher Protocol UK Limited (currently inactive); the Company’s 50% owned subsidiary, Gopher Protocol Costa Rica Sociedad De Responabilidad Limitada (currently inactive), and Altcorp Trading LLC, a Costa Rica company. All significant intercompany transactions and balances have been eliminated. Cash Equivalents For the purpose of the statement of cash flows, cash equivalents include time deposits, certificate of deposits, and all highly-liquid debt instruments with original maturities of three months or less. Accounts Receivable The Company grants credit to establishments (such as convenience stores) that sell the Company’s products under credit terms that it believes are customary in the industry and do not require collateral to support customer receivables. The accounts receivable balances are generally collected within 10 days of the product sale and the Company has minimal bad debts. The Company currently does not provide an allowance for doubtful collections, which is based upon a review of outstanding receivables, historical collection information, and existing economic conditions. Normal receivable terms vary from 7-30 days after the issuance of the invoice and typically would be considered past due when the term expires. Delinquent receivables are written off based on individual credit evaluation and specific circumstances of the customer. The Company’s allowance for doubtful accounts was $0 and $0 at December 31, 2019 and 2018, respectively. Property and Equipment Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives as follows: Furniture 7 years Computers and equipment 3 years POSA machines 3 years Long-Lived Assets The Company applies the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 360, Property, Plant, and Equipment Intangible Assets The Company’s intangible assets were acquired with the acquisition of certain RWJ assets in 2017, and the acquisition of certain ECS, Electronic Check and CSLS assets in 2018 are being amortized over 60-120 months. The Company performs a test for impairment annually. As of December 31, 2018, the Company performed the required impairment analysis. During the year ended December 31, 2018, the Company determined that the intangible assets associated with the acquisition of certain RWJ assets was impaired and took a charge to earnings of $5,916,667. These intangible assets are being presented as assets of discontinued operations in the accompanying consolidated financial statements. The intangibles assets of ECS, Electronic Check and CSLS are being presented as part of discontinued operations. Marketable Equity Securities The Company accounts for marketable equity securities in accordance with ASC Topic 321, Investments – equity securities. Goodwill Goodwill represents the excess of purchase price over the underlying book value of the net assets of the businesses that were acquired. Under accounting requirements, goodwill is not amortized, but is subject to annual impairment tests. The Company recorded goodwill of $950,619 related to its acquisition of certain RWJ assets in 2017, and $646,291, $254,586 and $25,000, respectively, related to its acquisition of certain ECS, Electronic Check and CSLS assets in 2018. During the year ended December 31, 2018, the Company determined that the goodwill associated with the acquisition of certain RWJ assets was impaired and took a charge to earnings of $950,619. The goodwill of ECS, Electronic Check and CSLS are being presented as part of discontinued operations. Derivative Financial Instruments The Company evaluates all of its agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. As of December 31, 2018, the Company’s only derivative financial instrument was an embedded conversion feature associated with convertible notes payable due to certain provisions that allow for a change in the conversion price based on a percentage of the Company’s stock price at the date of conversion. During the year ended December 31, 2019, the convertible notes with embedded conversion features were settled. Fair Value of Financial Instruments For certain of the Company’s financial instruments, including cash and equivalents, restricted cash, accounts receivable, advances to suppliers, accounts payable, accrued liabilities and short-term debt, the carrying amounts approximate their fair values due to their short maturities. FASB ASC Topic 820, Fair Value Measurements and Disclosures Financial Instruments · Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. · Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in inactive markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. · Level 3 inputs to the valuation methodology us one or more unobservable inputs which are significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under FASB ASC Topic 480, Distinguishing Liabilities from Equity Derivatives and Hedging For certain financial instruments, the carrying amounts reported in the balance sheets for cash and current liabilities, including convertible notes payable, each qualify as a financial instrument, and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The Company uses Level 2 inputs for its valuation methodology for derivative liabilities as their fair values were determined by using the Black-Scholes-Merton pricing model based on various assumptions. The Company’s derivative liabilities are adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives. At December 31, 2019 and 2018, the Company identified the following liabilities that are required to be presented on the balance sheet at fair value: Fair Value Fair Value Measurements at As of December 31, 2019 Description December 31, 2019 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 1,000,000 $ - $ 1,000,000 $ - Conversion feature on convertible notes $ - $ - $ - $ - Fair Value Fair Value Measurements at As of December 31, 2018 Description December 31, 2018 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Mobiquity Technologies, Inc. $ 18,200,000 $ - $ 18,200,000 $ - Conversion feature on convertible notes $ 3,833,506 $ - $ 3,833,506 $ - Treasury Stock Treasury stock is recorded at cost. The re-issuance of treasury shares is accounted for on a first in, first-out basis and any difference between the cost of treasury shares and the re-issuance proceeds are charged or credited to additional paid-in capital. Stock Loan Receivable On January 8, 2019, the Company entered into a Stock Pledge Agreement with Latin American Exchange Latinex Casa de Cambio, S.A., a Costa Rica corporation (“Latinex”), to provide that Latinex may maintain its required regulatory capital as required by various regulators. The Company has pledged 200,267 restricted shares of its common stock valued at $7,610,147 (based on the closing price on the grant date) for a term of three years in consideration of an annual payment of $375,000 paid in quarterly installments of $93,750. In lieu of cash payment, Latinex may pay the Company in virtual currency of WISE Network S.A. valued at a 50% discount of its offering price of $10 per token. In the event that Latinex’s required capital has decreased below $5,000,000, Latinex is permitted to sell the pledged shares of common stock only in an amount to ensure that Latinex can satisfy the required capital levels. The Company must consent to such sale of the shares of common stock, which may not be unreasonably withheld. Upon expiration of the agreement, the remaining shares of common stock shall be returned to the Company free and clear of all liens. The Company has recorded the value of these shares of common stock as a stock loan receivable which is presented as a contra-equity account in the accompanying consolidated balance sheets. At December 31, 2019, the Company wrote off the accrued interest income as Latinex did not perform any payment and the Company has no mean to enforce this payment. Latinex agreed in principal to return the pledged 200,267 restricted shares to the Company for cancellation. The 200,267 restricted shares has not yet been returned to the Company. Revenue Recognition Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers Topic 606 Topic 606. Topic 605, Revenue Recognition Revenue from providing IT services, sale of phones, phone card products, prepaid cellular phone minutes and cellular activation services are recognized under Topic 606 · executed contracts with the Company’s customers that it believes are legally enforceable; · identification of performance obligations in the respective contract; · determination of the transaction price for each performance obligation in the respective contract; · allocation the transaction price to each performance obligation; and · recognition of revenue only when the Company satisfies each performance obligation. These five elements, as applied to each of the Company’s revenue category, is summarized below: · IT services - revenue is recorded on a monthly basis as services are provided; · Sale of phones, phone card products, prepaid cellular phone minutes and cellular activation – revenue is recognized at the time of sale to the customer; and · License fees and Royalties – revenue is recognized based on the terms of the agreement with its customer. Cost of Goods Sold Cost of goods sold represents the cost of the phone, phone card products and prepaid cellular phone minutes sold by the Company. Unearned revenue Unearned revenue represents the net amount received for the purchase of products that have not seen shipped to the Company’s customers. In 2018, the Company ran pre-sales efforts for its pet tracker product and received prepayments for its product. As of December 31, 2018, unearned revenue related to this pre-sales campaign was $57,848. In addition, during 2018, the Company received $200,000 in connection with an intellectual property license and royalty agreement (see Note 15). At December 31, 2019, the Company determined that the unearned revenue would not likely result in the recognition of revenue; therefore, $249,094 of unearned revenue was reclassified to accrued expenses. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company has no material uncertain tax positions for any of the reporting periods presented. Basic and Diluted Earnings Per Share Earnings per share is calculated in accordance with ASC Topic 260, Earnings Per Share December 31, December 31, 2019 2018 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock — — Series H preferred stock 1,000,000 — Warrants 19,654,167 419,167 Convertible notes 1,100,000 43,166 Total 21,754,205 462,371 Management’s Evaluation of Subsequent Events The Company evaluates events that have occurred after the balance sheet date of December 31, 2019, through the date which the consolidated financial statements are issued. Based upon the review, other than described in Note 17 – Subsequent Events, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the consolidated financial statements. Recent Accounting Pronouncements In June 2018, the FASB issued Accounting Standards Update (“ASU”) ASU 2018-07, Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes Income Taxes Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
Acquisition	Note 3 - Acquisitions On March 16, 2018, the Company entered into and closed an asset purchase agreement dated March 1, 2018 with ECS, a Missouri limited liability company, pursuant to which the Company purchased certain assets from ECS, including, but not limited to, the processing prepaid platform, servers, POS terminals, customer list, a processing software program and goodwill, in consideration of $1,100,000 of which $100,000 was paid on the Closing Date and the balance is to be paid pursuant to a secured promissory note in the amount of $1,000,000. In addition, the Company issued 500,000 shares of common stock of the Company and warrants to purchase 500,000 shares of common stock that are exercisable for a period of five years at a fixed exercise price of $1.85 per share. The note is secured by the assets acquired by the Company from ECS and the Company is required to make ten equal principal payments of $100,000 commencing on April 15, 2018. The Company may prepay the note at any time without penalty. The note has been repaid in full. On April 2, 2018, the Company entered into and closed an asset purchase agreement with Electronic Check, a Missouri corporation, pursuant to which the Company purchased certain assets from Electronic Check, including, but not limited to, assets associated with software that validates written check authenticity. The purchase price was $75,000 in cash, and the Company issued 250,000 shares of common stock of the Company and warrants to purchase 250,000 shares of common stock that are exercisable for a period of five years at a fixed exercise price of $2.70 per share. On April 2, 2018, the Company entered into and closed an asset purchase agreement with CSLS, a Missouri corporation, pursuant to which the Company purchased certain assets from CSLS, including, but not limited to, assets associated with a system to recover funds from returned checks, for $25,000 in cash. The Company entered into these asset purchase agreements to acquire the software needed to process transactions for its prepaid business, and to acquire additional terminal locations by which the Company will deploy its technology. A summary of the purchase price and the purchase price allocations at fair value is shown below. Electronic ECS Check CSLS Total Purchase price Cash $ 100,000 $ 75,000 $ 25,000 $ 200,000 Shares of common stock 1,010,000 a 695,000 c — 1,705,000 Secured promissory note 960,000 — — 960,000 Warrants 992,958 b 682,919 d — 1,675,877 $ 3,062,958 $ 1,452,919 $ 25,000 $ 4,540,877 Allocation of purchase price Property and equipment $ 50,000 $ 15,000 $ — $ 65,000 Technology 826,667 413,333 — 1,240,000 Tradename 546,667 273,333 — 820,000 Customer relationships 993,333 496,667 — 1,490,000 Goodwill 646,291 254,586 25,000 925,877 Purchase price $ 3,062,958 $ 1,452,919 $ 25,000 $ 4,540,877 at the date of acquisition. a. the fair value of the 500,000 shares of common stock was calculated based on the closing market price of the Company’s common stock at the date of acquisition. b. the fair value of the 500,000 warrants was determined using the Black-Scholes option pricing model with the following assumptions: · Expected life of 5.0 years · Volatility of 210%; · Dividend yield of 0%; · Risk free interest rate of 2.65% c. the fair value of the 250,000 shares of common stock was calculated based on the closing market price of the Company’s common stock at the date of acquisition. d. the fair value of the 250,000 warrants was determined using the Black-Scholes option pricing model with the following assumptions: · Expected life of 5.0 years · Volatility of 210%; · Dividend yield of 0%; · Risk free interest rate of 2.65%

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 4 – Discontinued Operations On September 30, 2019, the Company entered into an Asset Purchase Agreement with Surge Holdings, Inc., a Nevada corporation (“SURG”) pursuant to which the Company agreed to sell and assign to SURG all the assets and certain specified liabilities of its ECS Prepaid, Electronic Check Services and the Central State Legal Services businesses in consideration of $5,000,000 to be paid through the issuance of 3,333,333 shares of SURG’s common stock and a convertible promissory note in favor of the Company in the principal amount of $4,000,000. The 3,333,333 shares of SURG’s common stock have been pledged to a third party for providing working capital needs of the Company. The ECS Prepaid, Electronic Check Services and the Central State Legal Services businesses have been presented as discontinued operations on the accompanying financial statements. The operating results for ECS Prepaid, Electronic Check Services and the Central State Legal Services have been presented in the accompanying consolidated statement of operations for the years ended December 31, 2019 and 2018 as discontinued operations and are summarized below: Year Ended December 31, 2019 2018 Revenue $ 23,901,278 $ 37,061,736 Cost of revenue 23,336,163 36,299,003 Gross Profit 565,115 762,733 Operating expenses 1,046,390 1,159,304 Loss from operations (481,275 ) (396,571 ) Other income (expenses) (3 ) 5,170 Net loss $ (481,278 ) $ (391,401 ) The assets and liabilities of the discontinued operations at September 30, 2019 and December 31, 2018 are summarized below: 2019 2018 Current assets $ — $ 100,050 Property and equipment — 47,344 Intangible assets — 3,149,740 Goodwill — 925,877 Total assets $ — $ 4,223,011 Current liabilities $ — $ 906,700 Total liabilities $ — $ 906,700 As a result of this transaction, the Company recognized a gain on the disposition of discontinued operations of $1,381,803.

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Note 5 - Property and Equipment, Net Property and equipment consisted of the following as of December 31, 2019 and 2018: 2019 2018 Furniture $ 33,739 $ 33,739 Computers and equipment 23,316 23,316 POSA machines 287,895 270,424 344,950 327,479 Less accumulated depreciation (227,264 ) (136,385 ) Property and equipment, net $ 117,686 $ 191,094 Depreciation expense for the years ended December 31, 2019 and 2018 was $107,095 and $106,602, respectively.

Investment in Mobiquity Technol

Investment in Mobiquity Technologies, Inc. and Surge Holdings, Inc.; Convertible Note Receivable	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Investment in Mobiquity Technologies, Inc. and Surge Holdings, Inc.; Convertible Note Receivable	Note 5 – Investment in Mobiquity Technologies, Inc. and Surge Holdings, Inc.; Convertible Note Receivable Mobiquity Technologies, Inc. On September 4, 2018, the Company and Mobiquity Technologies, Inc., a New York corporation (“Mobiquity”) entered an agreement pursuant to which the parties exchanged equity interest in each of the companies. In accordance with the agreement, the Company received 1,000 shares of Mobiquity’s restricted Series AAAA Preferred Stock (the “Mobiquity Preferred Stock”) in consideration of Company’s concurrent sale and issuance to Mobiquity of 10,000,000 shares of Company’s common stock. The shares of Mobiquity Preferred Stock are convertible into an aggregate of up to 100,000,000 shares of Mobiquity common stock (the “Mobiquity Common Stock”) and 150,000,000 common stock purchase warrants (the “Mobiquity Warrants”). The Mobiquity Warrants shall have a term of 5 years from the date of grant and shall be exercisable at a price of $0.12 per share and the shares of Mobiquity Preferred Stock shall not be convertible into shares of Mobiquity Common Stock and the Mobiquity Warrants shall not be contemporaneously granted until after Mobiquity’s Board of Directors and stockholders shall have increased the authorized number of shares of Mobiquity’s common stock to a number sufficient to accommodate a reserve in the Company’s favor of 250,000,000 shares of Mobiquity’s common stock. The Mobiquity Preferred Stock shall have immediate voting rights equal to the number of shares of Mobiquity Common Stock into which they may be converted, not including the shares of Mobiquity’s common stock underlying the Mobiquity Warrants. On November 19, 2018, the Company and Mobiquity entered into an Amendment and Exercise Letter waiving the requirement that Mobiquity’s Board of Directors and stockholders increase the authorized number of shares of Mobiquity’s common stock to a number sufficient to accommodate a reserve in the Company’s favor of 250,000,000 shares of Mobiquity’s common stock prior to the conversion of the Mobiquity Preferred Stock or exercise of the Mobiquity Warrants. In addition, the Company converted 200 shares of Mobiquity Preferred Stock resulting in the issuance to the Company by Mobiquity of 20,000,000 shares of Mobiquity Common Stock and 30,000,000 Mobiquity Warrants. The Company exercised the 30,000,000 Mobiquity Warrants at an exercise price of $0.12 per share of common stock, payable through of the issuance to Mobiquity of 10,000,000 shares of common stock of the Company. In addition, the Company issued 20,000 shares of common stock to Glen Eagles Acquisition LP (“GEAL”) in consideration of its consulting services associated with the negotiation of the number of shares of common stock to be delivered to Mobiquity upon exercise of the Mobiquity Warrants. As a result of the transaction on September 4, 2018, the Company had an approximate 21% interest in Mobiquity and began to account for its investment in Mobiquity using the equity method of accounting. During the fourth quarter of 2018, Mobiquity issued additional shares of common stock resulting in the Company’s ownership in Mobiquity dropping to approximately 18% at December 31, 2018. The Company determined that during the fourth quarter of 2018 that it did not exercise significant influence over Mobiquity due to its decreased ownership percentage and the Company’s intent to begin selling shares of Mobiquity common stock that will further decrease its ownership percentage. As a result, during the fourth quarter of 2018 the Company began accounting for its investment in Mobiquity as a marketable equity security. On May 10, 2019, the Company entered into a Membership Interest Purchase Agreement with GEAL pursuant to which the Company acquired 49% of the membership interest in Advangelists, LLC (the “AVNG Interest”) in consideration of the assumption of a Promissory Note payable by GEAL to the former owners of the AVGN Interest with an outstanding balance of $7,475,000 (the “AVNG Note”) and cancellation of an outstanding Promissory Note payable by GEAL to the Company in the amount of $1,200,000 originally issued on March 1, 2019. Concurrently, the Company entered into a Membership Interest Purchase Agreement with Mobiquity pursuant to which the Company sold the AVNG Interest to Mobiquity in consideration of Mobiquity assuming the AVNG Note and Mobiquity amending the terms of the Remaining Mobiquity Warrant providing for cashless exercise. The Company paid 60,000,000 of its Mobiquity shares as partial consideration for the purchase of GBT Technologies, S. A. (see Note 6). On August 6, 2019, Mobiquity delivered a counter signed letter agreement dated August 2, 2019 pursuant to which the Company exchanged 120,000,000 Mobiquity Warrants into 20,000,000 shares of Mobiquity common stock, which resulted in the Company holding 60,000,000 shares of Mobiquity common stock. On September 10, 2019, the Company entered into (i) a Stock Purchase Agreement with Mobiquity pursuant to which the Company agreed to return 15,000,000 shares of Mobiquity common stock to Mobiquity in exchange for 110,000 shares of common stock of the Company, (ii) a Stock Purchase Agreement with Marital Trust GST Subject U/W/O Leopold Salkind (“Salkind Trust”) pursuant to which the Company agreed to sell 7,000,000 shares of Mobiquity common stock to Salkind Trust in consideration of $67,200, (iii) Stock Purchase Agreement with Dr. Gene Salkind (“Salkind”) pursuant to which the Company agreed to sell 28,000,000 shares of Mobiquity common stock to Salkind in consideration of $268,000 and (iv) a Stock Purchase Agreement with Deepanker Katyal (“Katyal”) pursuant to which the Company agreed to sell 10,000,000 shares of Mobiquity common stock to Katyal in consideration of 90,000 shares of common stock of the Company. The closing of the agreements occurred on September 13, 2019. As a result of these transactions, the Company realized a loss on the sale of Mobiquity common stock of $3,673,595. At December 31, 2019, the Company owned no shares of Mobiquity common stock. Surge Holdings, Inc. On September 30, 2019, the Company entered into an Asset Purchase Agreement with Surge Holdings, Inc., a Nevada corporation (“SURG”) pursuant to which the Company agreed to sell and assign to SURG, all the assets and certain specified liabilities, of its ECS Prepaid, Electronic Check Services and the Central State Legal Services businesses in consideration of $5,000,000 to be paid through the issuance of 3,333,333 shares of SURG’s common stock (See Note 17 for pledge to third party) and a convertible promissory note in favor of the Company in the principal amount of $4,000,000 (the “SURG Note”), convertible into SURG’s shares of common stock following the six-month anniversary of the issuance date. The conversion price of the SURG Note is the volume weighted-average price of SURG’s common stock over the 20 trading days prior to the conversion; provided, however, the conversion price shall never be lower than $0.10 or higher than $0.70. The Company has agreed to restrict its ability to convert the SURG Note and receive shares of common stock such that the number of shares of common stock held by it in the aggregate and its affiliates after such conversion does not exceed 4.99% of the then issued and outstanding shares of common stock. The SURG Note is payable by SURG to the Company on the 18-month anniversary of the issuance date and does not bear interest.

Equity Investment in GBT Techno

Equity Investment in GBT Technologies, S.A.	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Equity Investment in GBT Technologies, S.A.	Note 6 – Equity Investment in GBT Technologies, S.A. On June 17, 2019, the Company, Altcorp Trading LLC, a Costa Rica company and a wholly-owned subsidiary of the Company (“Altcorp”), GBT Technologies, S.A., a Costa Rica company (“GBT-CR”) and Pablo Gonzalez, a shareholder’s representative of GBT-CR (“Gonzalez”), entered into and closed an Exchange Agreement (the “GBT Exchange Agreement”) pursuant to which the parties exchanged certain securities. In accordance with the Exchange Agreement, Altcorp acquired 625,000 shares of GBT-CR representing 25% of its issued and outstanding shares of common stock from Gonzalez in exchange for the issuance of 20,000 shares of Series H Convertible Preferred Stock of the Company and a Convertible Note in the principal amount of $10,000,000 issued by the Company (the “Gopher Convertible Note”) as well as the transfer and assignment of a Promissory Note payable by Gopher Protocol Costa Rica Sociedad De Responsabilidad Limitada to the Company in the principal amount of $5,000,000 dated February 6, 2019 (of which the underlying security for this Promissory Note is 30,000,000 restricted shares of common stock of Mobiquity) and 60,000,000 restricted shares of common stock of Mobiquity. The Gopher Convertible Note bears interest of 6% per annum and is payable at maturity on December 31, 2021. At the election of Gonzalez, the Gopher Convertible Note can be converted into a maximum of 20,000 shares of Series H Preferred Stock. Each share of Series H Preferred Stock is convertible, at the option of the holder but subject to the Company increasing its authorized shares of common stock, into such number of shares of common stock of the Company as determined by dividing the Stated Value ($500 per share) by the conversion price ($10.00 per share). The Series H Preferred Stock has no liquidation preference, does not pay dividends and the holder of Series H Preferred Stock shall be entitled to one vote for each share of common stock that the Series H Preferred Stock may be convertible into. Upon conversion of the Gopher Convertible Note and the 20,000 shares of Series H Preferred Stock, Gonzalez would be entitled to less than 50% of the resulting outstanding shares of common stock of the Company following conversion in full and, as a result, such transaction is not considered a change of control. GBT-CR is in the business of the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups, distributed ledger technology development, AI development and fintech software development and applications. The Company accounts for its investment in GBT-CR using the equity method of accounting. At December 31, 2019, the Company evaluated the carrying amount of this equity investment and determined that this investment was full impaired and as a result an impairment charge of $30,731,534 was taken. Information regarding GBT-CR as of and for the year ended December 31, 2019 is below: Current assets $ 979,389 Total assets 7,013,772 Current liabilities 359,040 Total liabilities 2,645,706 Total stockholders' equity 4,368,066 Revenue $ 4,138,496 Operating expenses 3,103,691 Other expenses 398,501 Net income 636,304

Investment in Joint Venture

Investment in Joint Venture	12 Months Ended
	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment in Joint Venture	Note 7 – Investment in Joint Venture On October 10, 2019, the Company entered into a Joint Venture Agreement (the “BitSpeed Agreement”) with BitSpeed LLC, which is owned by Douglas Davis, the Company’s former Chief Executive Officer, to form GBT BitSpeed Corp., a Nevada company (“GBT BitSpeed”). The purpose of GBT BitSpeed is to develop, maintain and support its proprietary Extreme Transfer Software Application Concurrency, a software application to transfer secure, accelerated transmission of large file data over networks, and connection to cloud storage, Network-Attached Storage (NAS) and Storage Area Networks (SANs) (“Concurrency”). BitSpeed shall contribute the services and resources for the development of Concurrency to GBT BitSpeed. The Company shall contribute 10 million shares of common stock (valued at $17,900,000) of the Company to GBT BitSpeed. BitSpeed and the Company will each own 50% of GBT BitSpeed. The Company shall appoint two directors and BitSpeed shall appoint one director of GBT BitSpeed. In addition, GBT BitSpeed and Mr. Davis entered into a Consulting Agreement in which Mr. Davis is engaged to provide services in consideration of $10,000 per month payable quarterly which may be paid in shares of common stock calculated by the amount owed divided by the Company’s 20-day VWAP. Mr. Davis will provide services in connection with the development of the business as well as GBT BitSpeed’s capital raising efforts. The term of the Consulting Agreement is two years. The closing of the BitSpeed Agreement occurred on October 14, 2019. At December 31, 2019, the Company evaluated the carrying amount of this joint venture investment and determined that an impairment charge of $17,900,000 was necessary.

Convertible Notes Payable

Convertible Notes Payable	12 Months Ended
	Dec. 31, 2019
Notes Payable [Abstract]
Convertible Notes Payable	Note 8 – Convertible Notes Payable Convertible notes payable at December 31, 2019 and 2018 consist of the following: 2019 2018 Convertible notes payable to Power Up $ — $ 427,200 Convertible notes payable to Investor — 3,004,000 Convertible note payable to GBT Technologies 10,000,000 — Convertible note payable to Glen Eagle 1,000,000 — Total convertible notes payable 11,000,000 3,431,200 Unamortized debt discount — (3,233,124 ) Convertible notes payable 11,000,000 198,076 Less current portion — (198,076 ) Convertible notes, long-term portion $ 11,000,000 $ — Power Up Lending Group Ltd. On October 2, 2017, the Company entered into a Securities Purchase Agreement with Power Up Lending Group Ltd., an accredited investor (“Power Up”) pursuant to which the Company issued to Power Up a Convertible Promissory Note (the “Power Note No. 1”) in the aggregate principal amount of $80,000. The Power Note No. 1 has a maturity date of July 10, 2018 and the Company has agreed to pay interest on the unpaid principal balance of the Power Note No. 1 at the rate of ten percent (10%) per annum from the date on which the Power Note No. 1 is issued until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The Company shall have the right to prepay the Power Note, provided that it makes a payment to Power Up as set forth in the Power Note No. 1. The outstanding principal amount of the Power Note No. 1 is convertible the Company’s at a conversion price Due to the variable conversion price associated with the Power Note No. 1, the Company has determined that the conversion feature is considered a derivative liability. The embedded conversion feature was initially calculated to be $172,282, which is recorded as a derivative liability as of the date of issuance. The derivative liability was first recorded as a debt discount up to the face amount of the Power Note No. 1, with the remainder being charged to financing cost during the period. The debt discount is being amortized over the terms of the Power Note No. 1. As of March 6, 2018, the Company had paid off in full all principal, interest and penalties with respect to the Power Note No. 1, and there are no further obligations owed with respect to such note. On September 28, 2018, the Company entered into a Securities Purchase Agreement with Power Up pursuant to which the Company issued to Power Up a Convertible Promissory Note (the “Power Note No. 2”) in the aggregate principal amount of $243,600 for a purchase price of $203,000. The Power Note No. 2 has a maturity date of December 24, 2019 and the Company has agreed to pay interest on the unpaid principal balance of the Power Note No. 2 at the rate of six percent (6%) per annum from the date on which the Power Note No. 2 is issued until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The Company shall have the right to prepay the Power Note No. 2, provided it makes a payment to Power Up as set forth in the Power Note No. 2. The outstanding principal amount of the Power Note No. 2 may not be converted prior to the period beginning on the date that is 180 days following the issue date. Following the 180 th the Company’s at a conversion price Due to the variable conversion price associated with the Power Note No. 2, the Company has determined that the conversion feature is considered a derivative liability. The embedded conversion feature was initially calculated to be $337,669, which is recorded as a derivative liability as of the date of issuance. The derivative liability was first recorded as a debt discount up to the face amount of the Power Note No. 2, with the remainder being charged to financing cost during the period. The debt discount is being amortized over the terms of the Power Note No. 2. At December 31, 2019 and 2018, the principal amount outstanding under the Power Note No. 2 was $0 and $243,600. During the year ended December 31, 2019, the entire principal balance of $243,600 and accrued interest of $6,090 was converted into 7,491 shares of common stock. On November 6, 2018, the Company entered into a Securities Purchase Agreement with Power Up pursuant to which the Company issued to Power Up a Convertible Promissory Note (the “Power Note No. 3”) in the aggregate principal amount of $183,600 for a purchase price of $153,000. The Power Note No. 3 has a maturity date of February 6, 2020 and the Company has agreed to pay interest on the unpaid principal balance of the Power Note No. 3 at the rate of six percent (6%) per annum from the date on which the Power Note No. 3 is issued until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The Company shall have the right to prepay the Power Note No. 3, provided it makes a payment to Power Up as set forth in the Power Note No. 3. The outstanding principal amount of the Power Note No. 3 may not be converted prior to the period beginning on the date that is 180 days following the issue date. Following the 180 th the Company’s at a conversion price Due to the variable conversion price associated with the Power Note No. 3, the Company has determined that the conversion feature is considered a derivative liability. The embedded conversion feature was initially calculated to be $171,942, which is recorded as a derivative liability as of the date of issuance. The derivative liability was first recorded as a debt discount up to the face amount of the Power Note No. 3, with the remainder being charged to financing cost during the period. The debt discount is being amortized over the terms of the Power Note No. 3. At December 31, 2019 and 2018, the principal amount outstanding under the Power Note No. 3 was $0 and $183,600. During the year ended December 31, 2019, the entire principal balance of $183,600 and accrued interest of $4,590 was converted into 15,685 shares of common stock. Bellridge Capital LLC On March 2, 2018, the Company entered into and closed a Securities Purchase Agreement with Bellridge Capital, LLC (“Bellridge”) pursuant to which Bellridge invested $750,000 into the Company in consideration of a 10% Convertible Debenture (the “Bellridge Debenture”) and common stock purchase warrants to acquire an aggregate of 500,000 shares of common stock exercisable for a period of five years at an exercise price of $2.35 per share. The Bellridge Debenture bears interest of 10% and is payable March 1, 2019. The Bellridge Debenture is convertible into shares of common stock at $0.90 per share subject to antidilution protection. During an event of default, the conversion price in effect on any conversion date means, as of any conversion date or other date of determination, shall be 35% of the lowest trading price for the Company’s common stock during the 20 trading Days immediately preceding the delivery of a notice of conversion. Bellridge has agreed to restrict its ability to convert the Bellridge Debenture or exercise its Common Stock Purchase Warrants and receive shares of common stock such that the number of shares of common stock held by it and its affiliates after such conversion or exercise does not exceed 4.99% of the then issued and outstanding shares of common stock. On March 2, 2018, the Company delivered 1,000,000 shares of Common Stock to an escrow agent. The 1,000,000 escrow shares are to be utilized for the purpose of limited price protection. If, beginning on the 7 th (($1.00 – closing price on 1 st st th st As long as the Company is not in default of the Bellridge Debenture or in breach of the Securities Purchase Agreement, at any time during which Bellridge owns the Bellridge Debenture, Bellridge commits to limit in the aggregate all sales of the shares of common stock issued upon conversion of the Bellridge Debenture and the related Common Stock Purchase Warrant to the greater of not more than (i) 10.00% of the daily trading volume for the Company’s common stock as reported for that day or (ii) $35,000. Breach of this leak-out provision will be considered a material breach by Bellridge. In connection with the Bellridge Debenture, the Company issued 500,000 warrants to purchase shares of the Company’s common stock with an exercise price of $2.35. The Company first determined the value of the convertible note and the fair value of the detachable warrants issued in connection with this transaction. The estimated value of the warrants of $827,428 and was determined using the Black-Scholes option pricing model with the following assumptions: · Expected life of 5.0 years · Volatility of 210%; · Dividend yield of 0%; · Risk free interest rate of 2.65% The face amount of the convertible note of $750,000 was proportionately allocated to the convertible note and the warrant in the amount of $356,593 and $393,407, respectively. The amount allocated to the warrants of $393,407 was recorded as a discount to the convertible note and as additional paid in capital. The value of the convertible note was then allocated between the convertible note and the beneficial conversion feature, which amounted to $0 and $356,593, respectively. The combined total discount is $750,000 and will be amortized over the year life of the convertible note. On April 9, 2018, Bellridge elected to exercise the Bellridge Option, and as such the Company and Bellridge closed the second financing as contemplated by the Securities Purchase Agreement entered with Bellridge pursuant to which Bellridge invested an additional $750,000 into the Company in consideration of a 10% Convertible Debenture (the “Second Bellridge Debenture” and together with the First Bellridge Debenture, the “Bellridge Debenture”) and common stock purchase warrants to acquire an aggregate of 500,000 shares of common stock exercisable for a period of five years at an exercise price of $2.35 per share (the “Second Bellridge Warrant” and together with the First Bellridge Warrant, the “Bellridge Warrant”) The Bellridge Debenture bears interest of 10% and is payable one year from issuance. The First Bellridge Debenture and the Second Bellridge Debenture are convertible into shares of common stock at $0.90 per share and $1.00 per share, respectively, subject to limited antidilution protection. During an event of default, the conversion price for the Bellridge Debenture in effect on any conversion date means, as of any conversion date or other date of determination, shall be 35% of the lowest trading price for the Company’s common stock during the 20 trading Days immediately preceding the delivery of a notice of conversion. Bellridge has agreed to restrict its ability to convert the Bellridge Debenture or exercise the Bellridge Warrant and receive shares of common stock such that the number of shares of common stock held by it and its affiliates after such conversion or exercise does not exceed 4.99% of the then issued and outstanding shares of common stock. In connection with both closings, the Company delivered 1,000,000 shares of common stock to an escrow agent. The escrow shares are to be utilized for the purpose of limited price protection. If, beginning on the 7 th (($1.00 – closing price on 1 st st th st As long as the Company is not in default of the Bellridge Debenture or in breach of the Securities Purchase Agreement, at any time during which Bellridge owns the Bellridge Debenture, Bellridge commits to limit in the aggregate all sales of the shares of common stock issued upon conversion of the Bellridge Debenture and the related Common Stock Purchase Warrant to the greater of not more than (i) 10.00% of the daily trading volume for the Company’s common stock as reported for that day or (ii) $35,000. Breach of this leak-out provision will be considered a material breach by Bellridge. In connection with the Second Bellridge Debenture, the Company issued 500,000 warrants to purchase shares of the Company’s common stock with an exercise price of $2.35. The Company first determined the value of the convertible note and the fair value of the detachable warrants issued in connection with this transaction. The estimated value of the warrants of $2,037,713 and was determined using the Black-Scholes option pricing model with the following assumptions: · Expected life of 5.0 years · Volatility of 210%; · Dividend yield of 0%; · Risk free interest rate of 2.60% The face amount of the convertible note of $750,000 was proportionately allocated to the convertible note and the warrant in the amount of $201,778 and $548,222, respectively. The amount allocated to the warrants of $548,222 was recorded as a discount to the convertible note and as additional paid in capital. The value of the convertible note was then allocated between the convertible note and the beneficial conversion feature, which amounted to $0 and $201,778, respectively. The combined total discount is $750,000 and will be amortized over the year life of the convertible note. In October 2018, Bellridge converted $275,000 in principal and $17,075 in accrued interest into 324,528 shares of common stock. In addition, in November 2018, Bellridge was issued an additional 318,583 shares of common stock pursuant to the limited price protection described above. On November 28, 2018, the Company entered into a letter agreement with Bellridge acknowledging that no event of default exists under the Bellridge Debentures as a result of the issuance of certain convertible securities, that the Company may prepay the Bellridge Debentures in the full amount by making a payment in the amount of $2,450,000 by December 17, 2018 (the “Repayment Date”) and Bellridge will not submit further conversion notices until after the Repayment Date. In the event the Bellridge Debentures are not paid off as of the Repayment Date (i) the outstanding principal amount (principal balance) of the First Bellridge Debenture shall be increased to $1,022,510 and the outstanding principal amount (principal balance) of the Second Bellridge Debenture shall be increased to $1,427,490 and (ii) the Conversion Price of the Bellridge Debentures shall be adjusted to equal 35% of the lowest trading price for the Company’s common stock during the twenty trading days immediately preceding the delivery by Bellridge of a Notice of Conversion. On December 17, 2018, the Bellridge Debentures were repaid in full, and there are no further obligations owed with respect to the Bellridge Debentures. $8,340,000 Senior Secured Redeemable Convertible Debenture On December 3, 2018, the Company entered into a Securities Purchase Agreement (the “SPA”) with an otherwise unaffiliated third-party institutional investor (the “Investor”), pursuant to which the Company issued a Senior Secured Redeemable Convertible Debenture (the “Debenture”) in the aggregate face value of $8,340,000. The Debenture has a maturity date two years from the issuance date and the Company has agreed to pay compounded interest on the unpaid principal balance of the Debenture at the rate equal to the Wall Street Journal Prime Rate plus 2% per annum (Wall Street Journal Prime Rate plus 12% per annum upon the occurrence of a Triggering Event). Interest is payable on the date the applicable principal is converted or on maturity. The interest must be paid in cash and, in certain circumstances, may be paid in shares of common stock. In connection with the issuance of the Debenture and pursuant to the terms of the SPA, the Company issued a Common Stock Purchase Warrant to acquire up to 225,000 shares of common stock for a term of three years (the “Warrant”) on a cash-only basis at an exercise price of $100.00 per share with respect to 50,000 Warrant Shares, $75.00 with respect to 75,000 Warrant Shares and $50.00 with respect to 100,000 Warrant Shares. Pursuant to the terms of the SPA, the investor agreed to tender to the Company the sum of $7,500,000, of which the Company received the sum of $4,500,000 as of the closing, $1,000,000 on January 4, 2019, $1,000,000 on February 5, 2019 and $1,000,000 on March 5, 2019. As of the closing, the face value of the Debenture was $5,004,000.00; as of the first month’s anniversary of the closing, the face value of the Debenture increased to $6,116,000; as of the second month’s anniversary of the closing, the face value of the Debenture increased to $7,228,000; and as of the third month’s anniversary of the closing, the face value of the Debenture increased to $8,340,000. As of the closing, the number of Warrant Shares was 135,000; as of the first month’s anniversary of the closing, the number of Warrant Shares increased to 165,000; as of the second month’s anniversary of the closing, the number of Warrant Shares increased to 195,000; as of the third month’s anniversary of the closing, the number of Warrant Shares increased to 225,000. The outstanding principal amount may be converted at any time into shares of the Company’s common stock at a conversion price equal to 95% of the Market Price less $0.05 (The conversion price is lowered by 10% upon the occurrence of each Triggering Event). The Market Price is the average of the 5 lowest individual daily volume weighted average prices during the period the Debenture is outstanding. In connection with the Debenture, the Company issued 225,000 warrants to purchase shares of the Company’s common stock with an exercise prices ranging from $50.00 to $100.00. The Company first determined the value of the convertible note and the fair value of the detachable warrants issued in connection with this transaction. The estimated value of the warrants of $7,832,697 and was determined using the Black-Scholes option pricing model with the following assumptions: · Expected life of 3.0 years · Volatility of 190%; · Dividend yield of 0%; · Risk free interest rate of 2.84% The face amount of the convertible note of $8,340,000 was proportionately allocated to the convertible note and the warrant in the amount of $4,310,085 and $4,029,915, respectively. The amount allocated to the warrants of $4,029,915 was recorded as a discount to the convertible note and as additional paid in capital. The value of the convertible note was then allocated between the convertible note and the beneficial conversion feature. Due to the variable conversion price associated with the Debenture, the Company has determined that the conversion feature is considered derivative liabilities. The embedded conversion feature was initially calculated to be $11,212,573, which is recorded as a derivative liability as of the dates of issuance. The derivative liability was first recorded as a debt discount up to value allocated to the convertible note, with the remainder being charged to financing cost during the period. The combined total discount is $8,340,000 and will be amortized over the year life of the convertible note. In December 2018, the investor converted $2,000,000 in principal and $6,616 in accrued interest into 94,993 shares of common stock. In January 2019, the investor converted $350,000 in principal and $1,158 in accrued interest into 16,624 shares of common stock. In March 2019, the investor converted $580,000 in principal and $51,096 in accrued interest into 34,963 shares of common stock. At December 31, 2019 and 2018, the principal amount outstanding under the Debenture was $0 and $3,004,000, respectively. On May 28, 2019, the Investor delivered to the Company a “Notice of Default and Notice of Sale of Collateral” (the “Notice”). In the Notice, the Investor declared that the Company was in default of the terms of the SPA. Specifically, the Investor claimed multiple “Trigger Events” had occurred under the Debenture which constituted an Event of Default. On May 30, 2019, in a letter to the Investor the Company disputed each of the purported “Trigger Events” and demanded the Investor retract the Notice. It is the Company’s position that the Notice is a further attempt by the Investor to mask its issues surrounding its recent conversion notice and resulting affiliate status as previously reported by the Company. The Investor responded that the Notice will not be withdrawn. In the Notice, the Investor declared all obligations under the SPA immediately due and payable. (See Note 9 and 15 for further discussions of this matter) On December 23, 2019, in the pending arbitration between the Company and the Investor, an Interim Award was entered in favor of the Investor. On January 31, 2020, the Company was informed that a final award was entered (the “Final Award”). The Final Award affirms that certain sections of the Senior Secured Redeemable Convertible Debenture (the “Debenture”) constitute unenforceable liquidated damages penalties and were stricken. Further, it was determined that the Investor was entitled to recovery of their attorney’s fees. Consequently, the arbitrator awarded Investor an award of $4,034,444 plus interest of 7.25% accrued from May 15, 2019 and costs in the amount of $55,613. (See Note 9 and 15) $10,000,000 for GBT Technologies S. A. acquisition In accordance with the acquisition of GBT-CR the Company issued a convertible note in the principal amount of $10,000,000. The convertible note bears interest of 6% per annum and is payable at maturity on December 31, 2021. At the election of the holder, the convertible note can be converted into a maximum of 20,000 shares of Series H Preferred Stock. Each share of Series H Preferred Stock is convertible, at the option of the holder but subject to the Company increasing its authorized shares of common stock, into such number of shares of common stock of the Company as determined by dividing the Stated Value ($500 per share) by the conversion price ($10.00 per share). The convertible note is convertible into common stock at a fixed price that was higher than the Company’s common stock on the date of grant, therefore, this convertible note does not contain a beneficial conversion feature. Glen Eagles Glen Eagles Acquisition LP On July 8, 2019, the Company entered a Consulting Agreement with Glen Eagles Acquisition LP (“Glen”) as consultant to provide services in connection with the Company’s acquisition of 25% of GBT Technologies, S.A., a Costa Rican corporation (“GBT-CR”). Consultant will provide analysis, interaction with related professional and other services as requested by the Company to integrate and expand capabilities between GBT-CR and the Company. The Company shall pay Glen $1,000,000 through the issuance of a 6% Convertible Note. At the election of Glen, the Convertible Note can be converted into a maximum of 2,000 shares of Series H Preferred Stock. Each share of Series H Preferred Stock is convertible, at the option of the holder but subject to the Company increasing its authorized shares of common stock, into such number of shares of common stock of the Company as determined by dividing the Stated Value ($500 per share) by the conversion price ($10.00 per share). The Series H Preferred Stock has no liquidation preference, does not pay dividends and the holder of Series H Preferred Stock shall be entitled to one vote for each share of common stock that the Series H Preferred Stock may be convertible into. In addition, the Company enter into an Amendment of a Common Stock Purchase Warrant held by Glen to acquire nine million shares of common stock that had been assigned to Glen by Guardian Patch LLC. Pursuant to the amendment, the Company agreed to provide that the Common Stock Purchase Warrant may be exercised on a cashless basis and provided a beneficial ownership limitation of 4.99%. Discounts on convertible notes The Company recognized interest expense of $6,569,124 and $3,740,794 during the year ended December 31, 2019 and 2018, respectively, related to the amortization of the debt discount on convertible notes. The unamortized debt discount at December 31, 2019 was $0. A roll-forward of the convertible note from December 31, 2017 to December 31, 2019 is below: Convertible notes, December 31, 2017 $ 25,623 Issued for cash 6,356,000 Original issue discount 575,200 Repayment in cash (1,305,000 ) Conversion to common stock (2,275,000 ) Debt discount related to new convertible notes (6,919,541 ) Amortization of debt discounts 3,740,794 Convertible notes, December 31, 2018 198,076 Issued for cash 3,000,000 Issued for acquisition 10,000,000 Issued for services 1,000,000 Original issue discount 336,000 Conversion to common stock (1,357,200 ) Debt discount related to new convertible notes (3,336,000 ) Reduction in convertible note due to legal settlement (5,410,000 ) Amortization of debt discounts 6,569,124 Convertible notes, December 31, 2019 $ 11,000,000

Accrued Settlement

Accrued Settlement	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Accrued Settlement	Note 9 – Accrued Settlement In connection with a legal matter filed by the Investor of the $8,340,000 Senior Secured Redeemable Convertible Debenture, on December 23, 2019, in the pending arbitration between the Company and the Investor, an Interim Award was entered in favor of the Investor. On January 31, 2020, the Company was informed that a final award was entered (the “Final Award”). The Final Award affirms that certain sections of the Senior Secured Redeemable Convertible Debenture (the “Debenture”) constitute unenforceable liquidated damages penalties and were stricken. Further, it was determined that the Investor was entitled to recovery of their attorney’s fees. Consequently, the arbitrator awarded Investor an award of $4,034,444 plus interest of 7.25% accrued from May 15, 2019 and costs in the amount of $55,613. (See Note 8 and 15). In connection with this settlement, the Company recognized a gain on the settlement of debt of $1,375,556 as the difference between the carrying amount of the debt and the amount awarded by the arbitrator.

Derivative Liability

Derivative Liability	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Derivative Liability	Note 10 - Derivative Liability Certain of the convertible notes payable discussed in Note 8 have a conversion price that can be adjusted based on the Company’s stock price which results in the conversion feature being recorded as a derivative liability. The fair value of the derivative liability is recorded and shown separately under current liabilities. Changes in the fair value of the derivative liability is recorded in the statement of operations under other income (expense). The Company uses a weighted average Black-Scholes option pricing model with the following assumptions to measure the fair value of derivative liability at December 31, 2019 and 2018: 2019 2018 Stock price $ 3.080 $ 0.32 Risk free rate 1.75 % 2.63 % Volatility 650 % 150 % Conversion/ Exercise price $ 0.800 $ 0.21 to 0.25 Dividend rate 0 % 0 % The following table represents the Company’s derivative liability activity for the years ended December 31, 2018 and 2019: Derivative liability balance, December 31, 2017 $ 95,164 Issuance of derivative liability during the period 6,000,244 Fair value of beneficial conversion feature of debt repaid (2,996,442 ) Change in derivative liability during the period 734,540 Derivative liability balance, December 31, 2018 3,833,506 Issuance of derivative liability during the period 5,721,939 Fair value of beneficial conversion feature of debt converted (2,264,578 ) Change in derivative liability during the period (7,290,867 ) Derivative liability balance, December 31, 2019 $ —

Note Payable

Note Payable	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Note Payable	Note 11- Note Payable Notes payable at December 31, 2019 and 2018 consist of the following: 2019 2018 RWJ acquisition note $ 2,600,000 $ 2,600,000 ECS acquisition note — 100,000 Promissory note to investor 2,325,000 — Promissory note to investor 1,046,261 — Total notes payable 5,971,261 2,700,000 Unamortized debt discount (47,671 ) (744 ) Notes payable $ 5,923,590 $ 2,699,256 RWJ Acquisition Note In connection with the acquisition of RWJ in September 2017, the Company issued a note payable. The note accrues interest at 3.5% per annum, is due on December 31, 2019 and is secured by the assets purchased in the acquisition. This note has not been repaid (See Note 15). ECS Acquisition Note In connection with the acquisition of ECS, the Company issued a note payable. The note is to be repaid in monthly installment payments of $100,000 with the final payment due on January 15, 2019. The Company imputed interest of 9% on this note payable. The balance of this note payable was paid in full in January 2019. Promissory Notes On February 27, 2019, the Company entered into a note purchase agreement with a third party investor, pursuant to which the Company issued a promissory note for the original principal amount of $2,325,000. The promissory note had an original issue discount of $300,000 and the inventor paid consideration of $2,025,000 to the Company, of which $25,000 was paid for legal expenses. The outstanding balance of the promissory note is to be paid on the one-year anniversary of the issuance of the note. Interest on the note accrues at the rate of 10% per annum compounding daily. Subject to the terms and conditions set forth in the note, the Company may prepay all or any portion of the outstanding balance of the note at any time in an amount in cash equal to 120% of the amount repaid. In connection with transactions that generate less than $1,000,000 in proceeds, the Company has agreed to not issue any debt instrument or incurrence of any debt other than trade payables in the ordinary course of business, any securities or agreements to sell common stock with anti-dilution or price reset/reduction features or any securities that are or may be become convertible or exercisable into common stock with a price that varies with the market price of the common stock (collectively, “Restricted Issuance Transaction”). The outstanding balance of the Note will be increased by 5% in the event the Company enters into a Restricted Issuance Transaction that is approved by Iliad. The original issue discount in being amortized to interest expense over the term of the promissory note. The Company issued promissory notes for $1,046,261 to a third party for funds received as working capital during the year ended December 31, 2019. The notes accrue interest at 10% per annum, are due on February 9, 2020 and are secured by a pledge agreement lien on the SURG shares. For extending maturities and adding conversion feature to these notes, see Note 17. Discounts on Promissory Note The Company recognized interest expense of $252,329 and $0 during the years ended December 31, 2019 and 2018, respectively, related to the amortization of the debt discount on promissory notes. The unamortized debt discount at December 31, 2019 was $47,671. A roll-forward of the promissory notes from December 31, 2017 to December 31, 2019: Notes payable, December 31, 2017 $ 2,600,000 Issued for acquisition 960,000 Repayment of note payable (860,744 ) Notes payable, December 31, 2018 2,699,256 Issued for cash 3,071,261 Original issue discount 300,000 Repayment of note payable (99,256 ) Debt discount related to new convertible notes (300,000 ) Amortization of debt discounts 252,329 Notes payable, December 31, 2019 $ 5,923,590

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Note 12- Stockholders’ Equity Common Stock During the year ended December 31, 2019, the Company had the following transactions in its common stock: · issued an aggregate of 9,500 shares to employees and board members as part of their compensation agreements with the Company. The value of the common stock of $235,900 was determined based on the closing stock price of the Company’s common stock on the grant date; · issued 74,762 shares to an investor for the conversion of $1,357,200 in convertible notes and $62,934 in accrued interest; · issued 59,820 shares to an investor for disputed penalties on a convertible debenture. The value of the common stock of $975,065 was determined based on the closing stock price of the Company’s common stock on the grant date; · issued 200,267 shares to Latinex in order to provide that Latinex may maintain its required regulatory capital as required by various regulators. The Company has recorded the value of these shares of common stock as a stock loan receivable which is presented as a contra-equity account in the accompanying consolidated balance sheets. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the grant date; · issued 10,000,000 shares in connection with a joint venture with BitSpeed. The value of the common stock of $17,900,000 was based on the closing price of the Company’s common stock on the closing date; · issued 4,566,214 shares in connection with the cashless exercise of 6,120,000 warrants; and · canceled 200,000 shares that were returned in connection with the Company’s sale of its investment with Mobiquity. (See Note 5). The shares were valued based on the Company’s stock price on the date of the agreement. During the year ended December 31, 2018, the Company had the following transactions in its common stock: · issued 660,000 shares in connection with the conversion of 66,000 shares of Series D Preferred Stock; · issued 20,000 shares in connection with the conversion of 2,000,000 shares of Series G Preferred Stock; · issued 2,500 shares to a consultant for professional services rendered valued at $123,725. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the dates that the shares earned based on the agreement; · issued 18,000 shares to employees and board members as part of their agreements with the Company. The value of the common stock of $4,404,500 was determined based on the closing stock price of the Company’s common stock on the date of the respective agreements; · issued 30,000 to a consultant for services related to assisting the Company with the acquisition of the RWJ assets. The 30,000 shares were earned when the operations of the RWJ assets produced revenue in excess of $10,000,000. The value of the common stock of $4,590,000 was determined based on the closing stock price of the Company’s common stock on the date of the shares were earned. · issued aggregate of 12,500 shares to a consultant for services rendered valued at $2,715,000. The services, which include business development, analysis, and interaction with professionals, were principally related to assisting the Company with the acquisition of the ECS and Electronic Check assets (see Note 3). The value of the common stock was determined based on the closing stock price of the Company’s common stock on the closing date of acquisition of ECS and Electronic Check; · issued 5,000 shares for the acquisition of the ECS assets valued at $1,010,000. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the acquisition date; · issued 2,500 shares for the acquisition of the Electronic Check valued at $695,000. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the acquisition date; · issued 100,000 shares in connection with its equity interest in Mobiquity valued at $9,980,000 (See Note 6). The value of the common stock was determined based on the closing stock price of the Company’s common stock on the closing date of the Mobiquity transaction; · issued an additional 100,000 shares to Mobiquity valued at $3,90,000 for payment of the exercise price for 20,000,000 warrants previously granted to the Company. (See Note 6). The value of the common stock was determined based on the closing stock price of the Company’s common stock on the date of issuance; · issued 10,000 shares to a consultant for services rendered valued at $998,000. The services, which include business development, analysis, and interaction with professionals, were principally related to assisting the Company with the acquisition of its equity interest in Mobiquity. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the closing date of Mobiquity transaction; · issued 125,000 shares to Guardian LLC in connection the termination of its 50% interest in the profits of certain of the Company’s products (See Note 11). The shares were valued at $11,750,000 which was determined based on the closing stock price of the Company’s common stock at the date of the agreement; · issued 3,245 shares to Bellridge for the conversion of $275,000 in convertible notes and $17,075 in accrued interest; · issued 94,992 shares to an investor for the conversion of $2,000,000 in convertible notes and $6,521 in accrued interest; · issued 3,186 shares to Bellridge pursuant to the limited price protection. The shares were valued at $213,451 which was charged to financing cost was determined based on the closing stock price of the Company’s common stock on the date of issuance; · issued 20,000 shares to a consultant for services rendered in connection with the issuance of the Company’s common stock as payment of the exercise price for the Mobiquity warrants valued at $780,000. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the date of issuance; · issued 20,000 shares to a consultant for services rendered in connection with the issuance of the Company’s common stock as payment of the exercise price for the Mobiquity warrants valued at $780,000. · issued 20,000 shares to Eagle Equities LLC as a result of the Company issuing shares of common stock for less than $30.00 pursuant to an agreement with Eagle Equities. (see below). The shares were valued at $670,000 which was charged to financing cost was determined based on the closing stock price of the Company’s common stock on the date the Company issued shares for less than $30.00; · issued 937 shares to a consultant for services rendered valued at $30,000. The value of the common stock was determined based on the closing stock price of the Company’s common stock on the date of issuance; · issued 12,727 shares of common stock to an investor for cash proceeds of $1,500,000 (See discussion below); and · canceled 500 shares pursuant to the settlement of a legal matter. Eagle Equities, LLC On December 29, 2017, the Company entered into a Securities Purchase Agreement with Eagle Equities, LLC (“Eagle”) pursuant to which Eagle agreed to purchase up to 20,000 shares of the Company’s common stock for a purchase price of $1,500,000 or $75.00 per share. The closing occurred on December 29, 2017 with respect to the funding of $1,000,000 resulting in the issuance of 13,333 shares of common stock (the “First Closing Shares”). Eagle agreed to potentially purchase an additional 6,667 shares of common stock (the “Second Closing Shares”) on or before March 31, 2018 for a purchase price of $500,000 subject to various closing conditions. On March 21, 2018, Eagle purchased an additional 6,667 shares of common stock for a purchase price of $500,000. The Company placed an aggregate of 20,000 shares of common stock (the “Escrow Shares”) in escrow to be utilized for the purpose of limited price protection. If, beginning on the seventh month anniversary of the issuance of the First Closing Shares and Second Closing Shares, Eagle has sold any of the First Closing Shares or the Second Closing Shares at a sales price of less than $72.00 per share, then that number of Escrow Shares shall be released from escrow to Eagle as a limited make whole which shall be determined by using the following formula: ($72.00 – Closing Price) / Closing Price) * number of shares sold at a price less than $72.00. Closing Price is price on the first day of each monthly anniversary beginning on the first day of the 7th month (and continuing monthly until the earlier of January 31, 2019 or until all shares are sold). The Company shall deposit an additional 20,000 shares of common stock into escrow which shares shall only be released to Eagle, if, prior to January 31, 2019 (while Eagle continues to hold shares), the Company issues shares at an issue price of less than $30.00 per share. The Company also issued Eagle a Common Stock Purchase Warrant to acquire 6,667 shares of common stock exercisable for three years at an exercise price of $200.00 per share (the “Eagle Warrant”). Unless otherwise agreed in writing by both the Company and Eagle, at no time will Eagle exercise any amount of the Eagle Warrant to purchase common stock that would result in Eagle owning more than 9.9% of the common stock outstanding of the Company. The Eagle Warrant contains standard anti-dilution protections. On May 4, 2018, the Company entered into a Securities Purchase Agreement with Eagle pursuant to which Eagle agreed to purchase up to 12,121 shares of the Company’s common stock for an aggregate purchase price of $2,000,000 or $165.00 per share. The closing occurred on May 4, 2018 with respect to the funding of $500,000 resulting in the issuance of 3,030 shares of common stock and on May 25, 2018 with respect to the funding of $500,000 resulting in the issuance of an additional 3,030 shares of common stock. Additional closings of $500,000 for 303,030 shares are scheduled to close on June 15, 2018 and July 5, 2018 each. The additional closings on June 15, 2018 and July 5, 2018 have not occurred. The Company agreed to place 3,030 shares of common stock each tranche (the “Escrow Shares”) in escrow to be utilized for the purpose of limited price protection. If, beginning on the seventh month anniversary of the closing of each tranche, Eagle has sold any of its shares of common stock at a sales price of less than $165.00 per share, then that number of Escrow Shares shall be released from escrow to Eagle as a limited make whole which shall be determined by using the following formula: ($165.00 – Closing Price) / Closing Price) * number of shares sold at a price less than $165.00. Closing Price is price on the first day of each monthly anniversary beginning on the first day of the 7th month (and continuing monthly until the earlier of June 4, 2019 or until all shares are sold. Series B Preferred Shares On November 1, 2011, the Company and certain creditors entered into a Settlement Agreement (the “Settlement Agreement”) whereby without admitting any wrongdoing on either part, the parties settled all previous agreements and resolved any existing disputes. Under the terms of the Settlement Agreement, the Company agreed to issue the creditors 45,000 shares of Series B Preferred Stock of the Company on a pro-rata basis. Following the issuance and delivery of the shares of Series B Preferred Stock to said creditors, as well as surrendering the undelivered shares, the Settlement Agreement resulted in the settlement of all debts, liabilities and obligations between the parties. The Series B Preferred Stock has a stated value of $100 per share and is convertible into the Company’s common stock at a conversion price of $30.00 per share representing 30 posts split common shares. Furthermore, the Series B Preferred Stock votes on an as converted basis and carries standard anti-dilution rights. These rights were subsequently removed, except in cases of stock dividends or splits. As of December 31, 2019 and 2018, there were 45,000 Series B Preferred Shares outstanding. Series C Preferred Shares On April 29, 2011, GV Global Communications, Inc. (“GV”) provided funding to the Company in the aggregate principal amount of $111,000 (the “Loan”). On September 25, 2012, the Company and GV entered into a Conversion Agreement pursuant to which the Company agreed to convert the Loan into 10,000 shares of Series C Preferred Stock of the Company, which was approved by the Board of Directors. Each share of Series C Preferred Stock is convertible, at the option of GV, into such number of shares of common stock of the Company as determined by dividing the Stated Value (as defined below) by the Conversion Price (as defined below). The Conversion Price for each share is equal to a 50% discount to the average of the lowest three lowest closing bid prices of the Company’s common stock during the 10-day trading period prior to the conversion with a minimum conversion price of $0.02. The stated value is $11.00 per share (the “Stated Value”). The Series C Preferred Stock has no liquidation preference, does not pay dividends and the holder of Series C Preferred Stock shall be entitled to one vote for each share of common stock that the Series C Preferred Stock shall be convertible into. GV has contractually agreed to restrict its ability to convert the Series C Preferred Stock and receive shares of the Company’s common stock such that the number of shares of the Company’s common stock held by it and its affiliates after such conversion does not exceed 4.9% of the then issued and outstanding shares of the Company’s common stock. During the year ended December 31, 2014, GV Global Communications, Inc. converted 7,770 of its Series C Preferred Stock into 120 post-split. During the third quarter of 2014, the Company received 42 post-split common shares to adjust the shares issued to reflect the amount that both they and the Company believed that they were owed. At December 31, 2019 and 2018, GV owns 700 Series C Preferred Shares. The issuance of the Series C Preferred Stock was made in reliance upon exemptions from registration pursuant to Section 4(a)(2) under the Securities Act of 1933 and Rule 506 promulgated under Regulation D thereunder. GV is an accredited investor as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933. As of December 31, 2019 and 2018, there were 700 Series C Preferred Shares outstanding. Series D Preferred Shares Per the terms of the Exclusive License Agreement and in consideration of the licensing agreement signed between the Company and Hermes Roll LLC, the Company issued 100,000 shares of Series D Preferred Stock of the Company (the “Preferred Shares”). The preferred stock has a value of $ 1,000 based upon the cost of the license; due to the holder of license is the related party of the Company. The Preferred Shares have no liquidation rights. The Holder of the Preferred Shares will be entitled to vote on all matters submitted to shareholders of the Company on an as-converted basis. The Preferred Shares have a conversion price of $0.01 (the “Conversion Price”) and a stated value of $10.00 per share (the “Stated Value”). Each Preferred Share is convertible, at the option of the Holder, into such number of shares of common stock of the Company as determined by dividing the Stated Value by the Conversion Price. On January 23, 2018, Reko Holdings, LLC converted 66,000 shares of its Series D Preferred Stock into 660,000 restricted common shares. As of December 31, 2019 and 2018, there are 0 and 0 shares of Series D Preferred Shares outstanding, respectively. Series G Preferred Shares On December 29, 2017, Guardian LLC converted all of the principal and interest of the Note, into 2,000,000 shares of Series G Preferred Stock. The Series G Preferred Stock is entitled to vote on an as-converted basis, automatically converts to common stock upon any liquidation, dissolution or winding up and the Company may not declare a dividend until the Series G Preferred Stock has received a dividend. Each share of Series G Preferred Stock is convertible into one shares of common stock of the Company and contain standard anti-dilution rights. On August 30, 2018, Guardian LLC converted the 2,000,000 shares of Series G Preferred Stock into 20,000 shares of common stock. As of December 31, 2019 and 2018, there are 0 and 0 shares of Series G Preferred Shares outstanding, respectively. Series H Preferred Shares On June 17, 2019, the Company, Altcorp Trading LLC, a Costa Rica company and a wholly-owned subsidiary of the Company (“Altcorp”), GBT Technologies, S.A., a Costa Rica company (“GBT-CR”) and Pablo Gonzalez, a shareholder’s representative of GBT-CR (“Gonzalez”), entered into and closed an Exchange Agreement (the “GBT Exchange Agreement”) pursuant to which the parties exchanged certain securities. In accordance with the Exchange Agreement, Altcorp acquired 625,000 shares of GBT-CR representing 25% of its issued and outstanding shares of common stock from Gonzalez in exchange for the issuance of 20,000 shares of Series H Convertible Preferred Stock of the Company and a Convertible Note in the principal amount of $10,000,000 issued by the Company (the “Gopher Convertible Note”) as well as additional consideration. The Gopher Convertible Note bears interest of 6% per annum and is payable at maturity on December 31, 2021. At the election of Gonzalez, the Gopher Convertible Note can be converted into a maximum of 20,000 shares of Series H Preferred Stock. Each share of Series H Preferred Stock is convertible, at the option of the holder but subject to the Company increasing its authorized shares of common stock, into such number of shares of common stock of the Company as determined by dividing the Stated Value ($500 per share) by the conversion price ($10.00 per share). The Series H Preferred Stock has no liquidation preference, does not pay dividends and the holder of Series H Preferred Stock shall be entitled to one vote for each share of common stock that the Series H Preferred Stock may be convertible into. On July 8, 2019, the Company entered a Consulting Agreement with Glen Eagles Glen Eagles Acquisition LP (“Glen”) as consultant to provide services in connection with the Company’s acquisition of 25% of GBT-CR. Consultant will provide analysis, interaction with related professional and other services as requested by the Company to integrate and expand capabilities between GBT-CR and the Company. (See Note 14 for further details.) As of December 31, 2019, there are 20,000 shares of Series H Preferred Shares outstanding. Warrants The following is a summary of warrant activity. Weighted Weighted Average Average Remaining Aggregate Warrants Exercise Contractual Intrinsic Outstanding Price Life Value Outstanding, December 31, 2017 227,605 $ 55.00 4.67 $ 13,640,000 Granted 192,500 69.00 Forfeited (938 ) 225.00 Exercised — Outstanding, December 31, 2018 419,167 $ 61.00 3.48 $ — Granted 25,355,000 0.97 Forfeited — Exercised (6,120,000 ) 0.50 Outstanding, December 31, 2019 19,654,167 $ 1.57 2.76 $ 1,111,600 Exercisable, December 31, 2019 19,650,167 $ 1.57 2.76 $ 1,111,600 The exercise price for warrant outstanding and exercisable at December 31, 2019: Outstanding Exercisable Number of Exercise Number of Exercise Warrants Price Warrants Price 15,880,000 $ 0.50 15,880,000 $ 0.50 3,000,000 1.85 3,000,000 1.85 500,000 2.70 500,000 2.70 20,000 31.90 20,000 31.90 100,000 50.00 100,000 50.00 75,000 75.00 75,000 75.00 50,000 100.00 50,000 100.00 6,667 200.00 6,667 200.00 10,000 235.00 10,000 235.00 7,500 250.00 7,500 250.00 5,000 280.00 1,000 280.00 19,654,167 19,650,167 The fair value of the warrants listed above was determined using the Black-Scholes option pricing model with the following assumptions: December 31, December 31, 2019 2018 Risk-free interest rate 1.55% 2.65% Expected life of the options 3.1 to 3.6 years 5 years Expected volatility 185% 210% Expected dividend yield 0% 0% As a result of the above mentioned reverse stock split, the Company issued 25,245,000 warrants to purchase shares of the Company’s common stock with exercise prices ranging from $0.50 to $2.70 per share as a result of an anti-dilutive clause in certain of the Company’s outstanding warrants. The fair value of these warrants was $120,476,603 which is shown as a charge to earnings on the accompanying financial statements. During the years ended December 31, 2018, the Company issued: · 10,000 warrants in connection with two convertible notes payable; · 5,000 warrants as consideration for the acquisition of the ECS assets (see Note 3) valued at $992,958; · 2,500 warrants as consideration for the acquisition of the Electronic Check assets (see Note 3) valued at $682,919; · 22,500 warrants to shares to employees and board members as part of their agreements with the Company valued at $5,443,039; · 17,500 warrants to a consultant for services rendered. The services, which include business development, analysis, and interaction with professionals, were principally related to assisting the Company with the acquisition of the ECS and Electronic Check assets (see Note 3) valued at $3,661,791; · 135,000 warrants in connection with a convertible note issued to investor; and · canceled 938 warrants pursuant to the settlement of a legal matter.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 13 - Income Taxes At December 31, 2019 and 2018, the significant components of the deferred tax assets are summarized below: 2019 2018 Deferred income tax asset Net operation loss carryforwards $ 7,424,074 $ 5,753,319 Book to tax differences in intangible assets — 64,600 Total deferred income tax asset 7,424,074 5,817,920 Less: valuation allowance (7,424,074 ) (5,817,920 ) Total deferred income tax asset $ — $ — The valuation allowance increased by $1,606,154 in 2019 as a result of the Company generating additional net operating losses. The valuation allowance increased by $3,414,266 in 2018 of which $4,030,588 was a result of the Company generating additional net operating losses offset by $616,322 as a result of the change in the corporate tax rate from 34% to 21%. The Company’s net operating loss carryforward of approximately $25,600,000 begin to expire in 2024. Income tax expense reflected in the consolidated statements of income consist of the following for 2019 and 2018: 2019 2018 Current Federal $ — $ — State — — — — Deferred Federal — — State — — — — Income tax expense $ — $ — The reconciliation of the effective income tax rate to the federal statutory rate for the years ended December 31, 2019 and 2018 is as follows: 2019 2018 Amount Percent Amount Percent Federal statutory rates $ (39,166,075 ) 75.7 % $ (10,871,631 ) 21.0 % State income taxes (14,920,410 ) 28.8 % (4,141,574 ) 8.0 % Permanent differences 52,480,331 -101.4 % 10,982,617 -21.2 % Valuation allowance against net deferred tax assets 1,606,154 -3.1 % 4,030,587 -7.8 % Effective rate $ — 0.0 % $ — 0.0 % The Company periodically evaluates the likelihood of the realization of deferred tax assets, and adjusts the carrying amount of the deferred tax assets by the valuation allowance to the extent the future realization of the deferred tax assets is not judged to be more likely than not. The Company considers many factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income or loss, the carryforward periods available to the Company for tax reporting purposes, and other relevant factors. Future changes in the unrecognized tax benefit will have no impact on the effective tax rate due to the existence of the valuation allowance. The Company estimates that the unrecognized tax benefit will not change significantly within the next twelve months. The Company will continue to classify income tax penalties and interest as part of general and administrative expense in its consolidated statements of operations. There were no interest or penalties accrued as of December 31, 2019 and 2018.

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Parties	Note 14 - Related Parties Related parties are natural persons or other entities that have the ability, directly or indirectly, to control another party or exercise significant influence over the party in making financial and operating decisions. Related parties include other parties that are subject to common control or that are subject to common significant influences. For the years ended December 31, 2019 and 2018, $180,000 and $180,000, respectively of the Company’s revenue is from IT services delivered to Guardian Patch LLC (“Guardian LLC”), which was previously a related party to the Company. The revenue generated from Guardian LLC was paid to the Company via a reduction in the amount that the Company owes Guardian LLC or its affiliates that is classified as Due to Guardian LLC in the accompanying consolidated balance sheet. As of December 31, 2019 there are no balances between the Company and Guardian LLC. For the years ended December 31, 2019 and 2018, the Company paid a law firm owned by the Company’s chairman $90,000 and $0, respectively, for legal services. On June 5, 2019, said chairman Mr. Robert Yaspan resigned as Director of the Company to pursue other interests. On April 6, 2018, the Company and Danny Rittman, Chief Technology Officer and a Director of the Company, agreed to amend his employment agreement pursuant to which he will receive salary at the rate of $250,000 annually payable in equal increments of $15,000 per month with an additional $70,000 to be paid within 15 days of the end of the calendar year. On September 25, 2018, the Company entered into a Joint Venture Interest Purchase Agreement with Guardian, LLC pursuant to which the Company purchased Guardian LLC’s 50% interest in a joint venture (the “JV Interest”) previously entered between the parties in March 2016 covering the Guardian Patch, Puzpix and Epsilon. In consideration for the JV Interest, the Company issued Guardian 125,000 shares of common stock. During the year ended December 31, 2018, the Company took a charge to earnings of $11,750,000 related to the purchase of Guardian LLC’s 50% JV Interest. On September 14, 2018, the Company and Dr. Rittman entered into a letter agreement confirming that the Company is the owner of all intellectual property developed by Dr. Rittman relating to the Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, commencing June 16, 2015 and continuing until Dr. Rittman’s employment agreement is terminated. On September 1, 2017, the Company entered into and closed an Asset Purchase Agreement with a third party, RWJ Advanced Marketing, LLC (“RWJ”), a Georgia corporation, pursuant to which the Company purchased certain assets from RWJ, including inventory, terminals, licenses and permits and intangible assets. At closing, the Company and Mr. Greg Bauer entered into an Employment Agreement pursuant to which Mr. Bauer was retained as Chief Executive Officer for a term of one year, subject to an automatic extension, unless terminated, in consideration of a base salary of $250,000 and a bonus of 10% of net profit generated by the assets acquired. Mr. Bauer was also appointed to the Board of Directors of the Company. As of the closing date, Mr. Murray resigned as Chief Executive Officer of the Company but will remain as a director of the Company. Mr. Bauer, since 2004 through present, has served as executive director with W.L. Petrey Wholesale, Inc. where he was in charge of the UGO/Preway operations. Mr. Bauer holds a Bachelor of Science degree from University of Maryland College Park. Mr. Bauer is veteran of the United States Navy and was honorably discharged in 1983. He held the title of United States Navy Surface Warfare Qualified. In May 2018, Mr. Bauer’s resigned as Chief Executive Officer and director of the Company and entered into a consulting agreement with the Company. The Company is in litigation in connection with RWJ transaction – See Note 15 - Contingencies. On January 1, 2019, the Company and Douglas Davis entered into an Amended and Restated Employment Agreement pursuant to which Mr. Davis was retained as Chief Executive Officer. Mr. Davis has served as Interim Chief Executive Officer since July 2018. The term of Mr. Davis’ employment is for two years through January 1, 2021. Mr. Davis will be entitled to an annual base salary of $250,000, which shall be increased to $400,000 upon the Company uplisting to a national exchange. Mr. Davis is also be entitled to the issuance of Stock Options to acquire an aggregate of 50,000 shares of common stock of the Company, exercisable for five years, subject to vesting. The options will be earned and vested (i) with respect to 20,000 shares of common stock on the date hereof, (ii) 5,000 shares of common stock upon the successful dual list of the Company on an international exchange such as SIX Zurich Stock Exchange or Euronext, (iii) 15,000 shares of common stock upon the successful up listing to a national exchange such as the Nasdaq, NYSE Euronext, TSX, AMEX or other, and (iv) with respect to 5,000 shares of common stock at each of the six (6) month anniversaries (July 1, 2019 and January 1, 2020). The exercise price of such options shall be the closing price of the Company on the date prior to such event. (See Note 17) On October 10, 2019, the Company entered into a Joint Venture Agreement (the “BitSpeed Agreement”) with BitSpeed LLC, which is owned by Douglas Davis, the Company’s Chief Executive Officer, to form GBT BitSpeed Corp., a Nevada company (“GBT BitSpeed”). The purpose of GBT BitSpeed is to develop, maintain and support its proprietary Extreme Transfer Software Application Concurrency, a software application to transfer secure, accelerated transmission of large file data over networks, and connection to cloud storage, Network-Attached Storage (NAS) and Storage Area Networks (SANs) (“Concurrency”). BitSpeed shall contribute the services and resources for the development of Concurrency to GBT BitSpeed. The Company shall contribute 10 million shares of common stock (valued at $17,900,000) of the Company to GBT BitSpeed. BitSpeed and the Company will each own 50% of GBT BitSpeed. The Company shall appoint two directors and BitSpeed shall appoint one director of GBT BitSpeed. In addition, GBT BitSpeed and Mr. Davis entered into a Consulting Agreement in which Mr. Davis is engaged to provide services in consideration of $10,000 per month payable quarterly which may be paid in shares of common stock calculated by the amount owed divided by the Company’s 20-day VWAP. Mr. Davis will provide services in connection with the development of the business as well as GBT BitSpeed’s capital raising efforts. The term of the Consulting Agreement is two years. The closing of the BitSpeed Agreement occurred on October 14, 2019.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2019
Loss Contingency [Abstract]
Contingencies	Note 15 - Contingencies Legal Proceedings From time to time, the Company may be involved in various litigation matters, which arise in the ordinary course of business. There is currently no litigation that management believes will have a material impact on the financial position of the Company. On June 10, 2016, the Company entered into a consulting agreement with Waterford Group LLC (“Waterford”) pursuant to which the Company engaged Waterford to provide sales and marketing consulting and advisory services to the Company in consideration of 1,000 shares of restricted common stock of the Company (the “Shares”) and a common stock purchase warrant (the “Warrant”) to acquire 7,500 shares of restricted common stock of the Company at an exercise price of $225.00 per share for a period of five (5) years. 500 of the Shares were issued to Waterford upon the execution of the Agreement. The Warrant vested on a quarterly basis in eight (8) equal quarterly installments each in the amount of 938 shares each quarter during the term of the Agreement. The first quarterly installment vested upon the execution of the Agreement and each subsequent quarterly installment was to vest each quarter thereafter. The Company believes that Waterford is in default of its agreement, as it failed to perform or provide any services under the agreement. As such, the Company put Waterford on notice in writing that the Company did not issue shares or warrants during the third or fourth fiscal quarters of 2016 due to the default. On or around January 23, 2017, the Company filed a complaint against Waterford and the Company’s Transfer Agent, in Superior Court of the State of California, County of Riverside. On February 1, 2017, the Company obtained a temporary restraining order that prohibits Waterford from (x) lifting the restricted legend from the 500 shares that it received in connection with signing the Agreement; (y) selling the 500 shares to another party; and, (z) from exercising the warrant on 938 shares that was issued and vested upon the execution of the Agreement. As ordered by the court, on February 9, 2017, the Company deposited a Corporate Surety Bond in the amount of $42,875 to secure the temporary restraining order. The Company agreed with Waterford to go to binding arbitration, which is currently being scheduled. On or around February 27, 2017, the Company was issued a stay of the temporary restraining order barring its transfer agent from providing shares in connection with the exercise of the first Waterford warrant on 938 shares that was provided to Waterford in connection with the execution of the engagement letter that was executed by the parties on or around June 10, 2016. On October 12, 2018, the Waterford legal matter was settled in favor of the Company that resulted in the cancelation of Waterford’s 938 warrants and the cancelation of 500 shares of the Company’s common stock owned by Waterford. On or around January 30, 2019, RWJ Advanced Marketing, LLC, Greg Bauer, and Warren Jackson sued the Company and multiple third and related parties in Superior Court of the State of California - County of Los Angeles, General District in connection with the acquisition of UGopherServices in September 2017. The case number is 19STCV03320. The lawsuit alleges breach of contract, among other causes of action. The Company answered the complaint and filed a cross-complaint against the plaintiffs in the case and third parties on or around February 15, 2019. On December 3, 2018, the Company entered into a Securities Purchase Agreement (the “SPA”) with Discover Growth Fund, LLC pursuant to which the Company issued a Senior Secured Redeemable Convertible Debenture (the “Debenture”) in the aggregate face value of $8,340,000. In connection with the issuance of the Debenture and pursuant to the terms of the SPA, the Company issued a Common Stock Purchase Warrant to acquire up to 225,000 shares of common stock for a term of three years (the “Warrant”) on a cash-only basis at an exercise price of $100.00 per share with respect to 50,000 Warrant Shares, $75.00 with respect to 75,000 Warrant Shares and $50.00 with respect to 100,000 Warrant Shares. The holder may not exercise any portion of the Warrants to the extent that the holder would own more than 4.99% of the Company’s outstanding common stock immediately after exercise. The outstanding principal amount may be converted at any time into shares of the Company’s common stock at a conversion price equal to 95% of the Market Price less $5.00 (The conversion price is lowered by 10% upon the occurrence of each Triggering Event – the current conversion price is 75% of the Market Price less $5.00). The Market Price is the average of the 5 lowest individual daily volume weighted average prices during the period the Debenture is outstanding. On May 28, 2019, the Investor delivered to the Company a “Notice of Default and Notice of Sale of Collateral” (the “Notice”). On December 23, 2019, in the pending arbitration between the Company and the Investor, an Interim Award was entered in favor of the Investor. On January 31, 2020, the Company was informed that a final award was entered (the “Final Award”). The Final Award affirms that certain sections of the Senior Secured Redeemable Convertible Debenture (the “Debenture”) constitute unenforceable liquidated damages penalties and were stricken. Further, it was determined that the Investor was entitled to recovery of their attorney’s fees. Consequently, the arbitrator awarded Investor an award of $4,034,444 plus interest of 7.25% accrued from May 15, 2019 and costs in the amount of $55,613. (See Notes 6, 9 and 17) Spare CS, Inc. On January 14, 2018, the Company entered into an Initial Term Agreement (the “ITA”) with Spare CS Inc. (“Spare”), a Delaware corporation, pursuant to which the Company agreed to acquire 50% of the equity of Spare. Spare is a mobile banking app that allows customers to access cash with no ATM, no debit or credit card, and no purchase required from participating merchants. During the years ended December 31, 2018, the Company terminated the ITA with Spare and wrote off the $265,000 that has been advanced to Spare. The $265,000 is included as part of the impairment of assets in the accompanying consolidated statement of operations for the year ended December 31, 2018. GBT Technologies, S.A. On September 14, 2018, the Company entered into an Exclusive Intellectual Property License and Royalty Agreement (the “GBT License Agreement”) with GBT-CR, a fully compliant and regulated cryptocurrency exchange platform that currently operates in Costa Rica as a decentralized cryptocurrency platform, pursuant to which, among other things, the Company granted to GBT-CR an exclusive, royalty-bearing right and license relating intellectual property relating to systems and methods of converting electronic transmissions into digital currency as reflected in that certain patent filed with the United Stated Patent and Trademark Office on or about June 14, 2018 (EFS ID: 32893586; Application Number: 16008069; Type: Utility under 35 USC 111(a); Confirmation Number: 6787)(collectively, the “Digital Currently Technology”). Pursuant to the GBT License Agreement, the Company granted GBT-CR an exclusive worldwide license to use the Digital Currency Technology to make, use, sell, lease or otherwise commercialize and dispose of products and devices utilizing the Digital Currently Technology. Under the terms of the GBT License Agreement, the Company is entitled to receive a royalty payment of 2% of gross revenue of each licensed product sold by GBT-CR during the period starting in which revenue is first generated using the licensed products and continuing for five years thereafter. Upon signing the GBT-CR License Agreement, GBT-CR paid the Company $300,000 which is nonrefundable. The Company has recognized the $300,000 as revenue during the years ended December 31, 2018. Upon GBT-CR making available for sale (the “Commercial Event”) an ICO (Initial Coin Offering) (the “Coin”), GBT-CR will make a payment to the Company in the amount of $5,000,000. Further, upon the Commercial Event, GBT-CR will grant the Company the ability to acquire 30% of the Coin at a 30% discount of such offering price of the Coin. The GBT License Agreement commenced as of the signing date and, unless terminated in accordance with the termination provisions of the GBT License Agreement, shall remain in force until the expiration of the patent pertaining to the Digital Currency Technology; provided that the right to use trade secrets shall survive the expiration of the GBT License Agreement provided the Company has not terminated. Prior to the signing of the GBT License Agreement, GBT-CR advanced $200,000 to the Company, which the parties have agreed will be applied toward the $5,000,000 fee when it becomes due. The $200,000 is recorded as unearned revenue at December 31, 2018 and reclassified to accrued expense at December 31, 2019.

Concentrations

Concentrations	12 Months Ended
	Dec. 31, 2019
Risks and Uncertainties [Abstract]
Concentrations	Note 16 – Concentrations Concentration of Credit Risk Financial instruments, which potentially subject the Company to a concentration of credit risk, consist principally of temporary cash investments. There have been no losses in these accounts through December 31, 2019.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 17 - Subsequent Events Management has evaluated events that occurred subsequent to the end of the reporting period shown herein: On February 18, 2020, the Company entered into a Securities Purchase Agreement with Power Up Lending Group Ltd., an accredited investor (“Power Up”) pursuant to which the Company issued to Power Up a Convertible Promissory Note (the “Power Note”) in the aggregate principal amount of $183,600 for a purchase price of $153,000. The Power Note has a maturity date of May 15, 2021 and the Company has agreed to pay interest on the unpaid principal balance of the Power Note at the rate of six percent (6%) per annum from the date on which the Power Note is issued (the “Issue Date”) until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The Company shall have the right to prepay the Power Note, provided it makes a payment including a prepayment to Power Up as set forth in the Power Note. The transactions described above closed on February 19, 2020. The outstanding principal amount of the Power Note may not be converted prior to the period beginning on the date that is 180 days following the Issue Date. Following the 180th day, Power Up may convert the Power Note into shares of the Company’s common stock at a conversion price equal to 85% of the lowest trading price with a 15-day look back immediately preceding the date of conversion. In addition, upon the occurrence and during the continuation of an Event of Default (as defined in the Power Note), the Power Note shall become immediately due and payable and the Company shall pay to Power Up, in full satisfaction of its obligations hereunder, additional amounts as set forth in the Power Note On February 27, 2020, the Company and Iliad entered to an Amendment to the Iliad Note pursuant to which the maturity date of the Iliad Note was extended to August 27, 2020, provided that the Debt may be converted into shares of common stock of the Company at a conversion price equal to 80% multiplied by the lowest trading daily VWAP for the common stock during the 20 trading day period ending on the latest complete trading day prior to the conversion date, provided for the payment by the Company to Iliad of an extension fee equal to 7.5% of the outstanding balance of the Iliad Note resulting in a new balance of the Iliad Note of $2,765,983 and provided that the Company’s failure to deliver shares of common stock within three trading days of a conversion would result in an event of default. Iliad has agreed to restrict its ability to convert the Iliad Note and receive shares of common stock such that the number of shares of common stock held by it and its affiliates after such conversion or exercise does not exceed 9.99% of the then issued and outstanding shares of common stock. The Company entered into a series of loan agreements with Stanley Hills LLC (“Stanley”) pursuant to which it received more than $1,000,000 in loans (the “Debt”) since May 2019 up to December 2019. On February 26, 2020, in order to induce Stanley to continue to provide funding, the Company and Stanley entered into a letter agreement providing that the Debt may be converted into shares of common stock of the Company at a conversion price equal to 85% multiplied by the lowest one trading price for the common stock during the 20 trading day period ending on the latest complete trading day prior to the conversion date. Stanley has agreed to restrict its ability to convert the Debt and receive shares of common stock such that the number of shares of common stock held by it and its affiliates after such conversion or exercise does not exceed 4.99% of the then issued and outstanding shares of common stock. The Stanley Debt is secured via a pledge agreement on the SURG shares. The Company agreed that Stanley will hold title to the SURG shares which was completed on or about April 16, 2020 where the 3,333,333 SURG shares been vested under Stanley name. On February 27, 2020 GBT Technologies, S.A., as successor in interest to Hermes Roll, LLC had notified the Company that it was in default on its Amended and Restated Territorial License Agreement (“ARTLA”) dated June 15, 2015 and that the ARTLA had been cancelled and rescinded On March 6, 2020, the Company through its newly acquired wholly owned subsidiary, Greenwich International Holdings, a Costa Rica corporation (“Greenwich”), entered into a Joint Venture and Territorial License Agreement (the “Tokenize Agreement”) with Tokenize-It, S.A. (“Tokenize”), which is owned by a Costa Rica Trust represented by Pablo Gonzalez (“Gonzalez”). Gonzalez also represents Gonzalez Costa Rica Trust, which holds a note in the principal amount of $10,000,000 and is also a shareholder of the Company. Under the Tokenize Agreement, the parties formed GBT Tokenize Corp., a Nevada corporation (“GBT Tokenize”). The purpose of GBT Tokenize is to develop, maintain and support source codes for its proprietary technologies including advanced mobile chip technologies, tracking, radio technologies, AI core engine, electronic design automation, mesh, games, data storage, networking, IT services, business process outsourcing development services, customer service, technical support and quality assurance for business, customizable and dedicated inbound and outbound calls solutions, as well as digital communications processing for enterprises and startups (“Technology Portfolio”), throughout the State of California. Upon generating any revenue from the Technology Portfolio, the Joint Venture will earn the first right of refusal for other territories. Tokenize shall contribute the services and resources for the development of the Technology Portfolio to GBT Tokenize. The Company shall contribute 100,000,000 shares of common stock of the Company (“GBT Shares”) to GBT Tokenize. Tokenize and the Company will each own 50% of GBT Tokenize. The Company pledged its 50% ownership in GBT Tokenize and its 100% ownership of Greenwich to Tokenize to secure its Technology Portfolio investment. The Company shall appoint two directors and Tokenize shall appoint one director of GBT Tokenize. In addition, GBT Tokenize and Gonzalez entered into a Consulting Agreement in which Gonzalez is engaged to provide services in consideration of $33,333.33 per month payable quarterly which may be paid in shares of common stock calculated by the amount owed divided by the Company’s 10-day VWAP. Gonzalez will provide services in connection with the development of the business as well as GBT Tokenize’s capital raising efforts. The term of the Consulting Agreement is two years. The closing of the Tokenize Agreement occurred on March 9, 2020. On February 18, 2020, the Company filed a motion with the United States District Court District of Nevada (the “Nevada Court”) to confirm the Final Award and a motion to consolidate Discover’s application to confirm the Final Award filed in the U.S. District Court of the Virgin Islands (Case No: 3 :20-cv-00012-CVG-RM) (the “Virgin Island Court”). On February 27, 2020, the Nevada Court denied the Company’s motion to confirm the Final Award and motion to consolidate and further decided that the confirmation of the Final Award should be litigated in the Virgin Island Court. As such, on February 27, 2020, the Company filed a Notice of Entry of Order as well as a Motion to Confirm the Arbitration Award; Address the Outstanding issue regarding whether Discover’s rights are subordinated to other creditors and, thereafter, oversee a commercially reasonable foreclosure sale (Case No: 3 :20-cv-00012-CVG-RM). It is the Company’s position that the Final Award must first be confirmed and all questions regarding the rights of Discover relative to those of other creditors must be determined before any foreclosure sale can proceed. It is further the position of the Company that the previously disclosed foreclosure sale scheduled by Discover is being conducted in a commercially unreasonable manner and that if Discover proceeded forward with the foreclosure sale it did so at its own risk. Nevertheless, on February 28, 2020, Discover advised that it conducted a sale of the Company’s assets. As the date of this report Discover failed to present a deed of sale for the alleged sale that allegedly took place as noticed. The Company filed with Virgin Island Court the motions disputing the validity of said alleged sale. On April 11, 2020, Douglas Davis resigned as Chief Executive Officer of the Company so that he may fully devote all of his efforts to GBT Tokenize Corp., the Company’s joint venture, which intends to develop a new product. Mr. Davis’ resignation was not the result of any disagreements with management or board of directors of the Company. The Board of Directors of the Company approved, on April 13, 2020, a reverse stock split of all of the Company’s Common Stock, pursuant to which every 50 shares of Common Stock of the Company shall be reverse split, reconstituted and converted into one (1) share of Common Stock of the Company (the “Reverse Stock Split”). The Company submitted an Issuer Company Related Action Notification regarding the Reverse Stock Split to FINRA on April 14, 2020. FINRA has not yet declared an effective date for the Reverse Stock Split. To effectuate the Reverse Stock Split, the Company filed on April 21, 2020 a Certificate of Change Pursuant to Nevada Revised Statutes (“NRS”) Section 78.209 (the “Certificate of Change”) with the Secretary of State of the State of Nevada subject to FINRA approval. Since this reverse stock split has not yet been approved by the State of Nevada, the financial statements have not been be retroactively restated to reflect this reverse stock split. On April 13, 2020, the Company’s Board of Directors appointed Mansour Khatib, who has served as the Chief Marketing Officer and a director of the Company as Chief Executive Officer. Mr. Khatib has also previously served as Interim Chief Executive Officer from May 2018 to July 2018.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Significant estimates in the accompanying financial statements include useful lives of property and equipment, valuation of beneficial conversion feature, debt discounts, valuation of derivatives, and the valuation allowance on deferred tax assets.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, UGopherServices Corp. GBT BitSpeed Corp. and Gopher Protocol UK Limited (currently inactive); the Company’s 50% owned subsidiary, Gopher Protocol Costa Rica Sociedad De Responabilidad Limitada (currently inactive), and Altcorp Trading LLC, a Costa Rica company. All significant intercompany transactions and balances have been eliminated.
Cash Equivalents	Cash Equivalents For the purpose of the statement of cash flows, cash equivalents include time deposits, certificate of deposits, and all highly-liquid debt instruments with original maturities of three months or less.
Accounts Receivable	Accounts Receivable The Company grants credit to establishments (such as convenience stores) that sell the Company’s products under credit terms that it believes are customary in the industry and do not require collateral to support customer receivables. The accounts receivable balances are generally collected within 10 days of the product sale and the Company has minimal bad debts. The Company currently does not provide an allowance for doubtful collections, which is based upon a review of outstanding receivables, historical collection information, and existing economic conditions. Normal receivable terms vary from 7-30 days after the issuance of the invoice and typically would be considered past due when the term expires. Delinquent receivables are written off based on individual credit evaluation and specific circumstances of the customer. The Company’s allowance for doubtful accounts was $0 and $0 at December 31, 2019 and 2018, respectively.
Property and Equipment	Property and Equipment Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives as follows: Furniture 7 years Computers and equipment 3 years POSA machines 3 years
Long-Lived Assets	Long-Lived Assets The Company applies the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 360, Property, Plant, and Equipment
Intangible Assets	Intangible Assets The Company’s intangible assets were acquired with the acquisition of certain RWJ assets in 2017, and the acquisition of certain ECS, Electronic Check and CSLS assets in 2018 are being amortized over 60-120 months. The Company performs a test for impairment annually. As of December 31, 2018, the Company performed the required impairment analysis. During the year ended December 31, 2018, the Company determined that the intangible assets associated with the acquisition of certain RWJ assets was impaired and took a charge to earnings of $5,916,667. These intangible assets are being presented as assets of discontinued operations in the accompanying consolidated financial statements. The intangibles assets of ECS, Electronic Check and CSLS are being presented as part of discontinued operations.
Marketable Equity Securities	Marketable Equity Securities The Company accounts for marketable equity securities in accordance with ASC Topic 321, Investments – equity securities.
Goodwill	Goodwill Goodwill represents the excess of purchase price over the underlying book value of the net assets of the businesses that were acquired. Under accounting requirements, goodwill is not amortized, but is subject to annual impairment tests. The Company recorded goodwill of $950,619 related to its acquisition of certain RWJ assets in 2017, and $646,291, $254,586 and $25,000, respectively, related to its acquisition of certain ECS, Electronic Check and CSLS assets in 2018. During the year ended December 31, 2018, the Company determined that the goodwill associated with the acquisition of certain RWJ assets was impaired and took a charge to earnings of $950,619. The goodwill of ECS, Electronic Check and CSLS are being presented as part of discontinued operations.
Derivative Financial Instruments	Derivative Financial Instruments The Company evaluates all of its agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. As of December 31, 2018, the Company’s only derivative financial instrument was an embedded conversion feature associated with convertible notes payable due to certain provisions that allow for a change in the conversion price based on a percentage of the Company’s stock price at the date of conversion. During the year ended December 31, 2019, the convertible notes with embedded conversion features were settled.
Fair value measurements	Fair Value of Financial Instruments For certain of the Company’s financial instruments, including cash and equivalents, restricted cash, accounts receivable, advances to suppliers, accounts payable, accrued liabilities and short-term debt, the carrying amounts approximate their fair values due to their short maturities. FASB ASC Topic 820, Fair Value Measurements and Disclosures Financial Instruments · Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. · Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in inactive markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. · Level 3 inputs to the valuation methodology us one or more unobservable inputs which are significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under FASB ASC Topic 480, Distinguishing Liabilities from Equity Derivatives and Hedging For certain financial instruments, the carrying amounts reported in the balance sheets for cash and current liabilities, including convertible notes payable, each qualify as a financial instrument, and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The Company uses Level 2 inputs for its valuation methodology for derivative liabilities as their fair values were determined by using the Black-Scholes-Merton pricing model based on various assumptions. The Company’s derivative liabilities are adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives. At December 31, 2019 and 2018, the Company identified the following liabilities that are required to be presented on the balance sheet at fair value: Fair Value Fair Value Measurements at As of December 31, 2019 Description December 31, 2019 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 1,000,000 $ - $ 1,000,000 $ - Conversion feature on convertible notes $ - $ - $ - $ - Fair Value Fair Value Measurements at As of December 31, 2018 Description December 31, 2018 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Mobiquity Technologies, Inc. $ 18,200,000 $ - $ 18,200,000 $ - Conversion feature on convertible notes $ 3,833,506 $ - $ 3,833,506 $ -
Treasury Stock	Treasury Stock Treasury stock is recorded at cost. The re-issuance of treasury shares is accounted for on a first in, first-out basis and any difference between the cost of treasury shares and the re-issuance proceeds are charged or credited to additional paid-in capital.
Stock Loan Receivable	Stock Loan Receivable On January 8, 2019, the Company entered into a Stock Pledge Agreement with Latin American Exchange Latinex Casa de Cambio, S.A., a Costa Rica corporation (“Latinex”), to provide that Latinex may maintain its required regulatory capital as required by various regulators. The Company has pledged 200,267 restricted shares of its common stock valued at $7,610,147 (based on the closing price on the grant date) for a term of three years in consideration of an annual payment of $375,000 paid in quarterly installments of $93,750. In lieu of cash payment, Latinex may pay the Company in virtual currency of WISE Network S.A. valued at a 50% discount of its offering price of $10 per token. In the event that Latinex’s required capital has decreased below $5,000,000, Latinex is permitted to sell the pledged shares of common stock only in an amount to ensure that Latinex can satisfy the required capital levels. The Company must consent to such sale of the shares of common stock, which may not be unreasonably withheld. Upon expiration of the agreement, the remaining shares of common stock shall be returned to the Company free and clear of all liens. The Company has recorded the value of these shares of common stock as a stock loan receivable which is presented as a contra-equity account in the accompanying consolidated balance sheets. At December 31, 2019, the Company wrote off the accrued interest income as Latinex did not perform any payment and the Company has no mean to enforce this payment. Latinex agreed in principal to return the pledged 200,267 restricted shares to the Company for cancellation. The 200,267 restricted shares has not yet been returned to the Company.
Revenue Recognition	Revenue Recognition Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers Topic 606 Topic 606. Topic 605, Revenue Recognition Revenue from providing IT services, sale of phones, phone card products, prepaid cellular phone minutes and cellular activation services are recognized under Topic 606 · executed contracts with the Company’s customers that it believes are legally enforceable; · identification of performance obligations in the respective contract; · determination of the transaction price for each performance obligation in the respective contract; · allocation the transaction price to each performance obligation; and · recognition of revenue only when the Company satisfies each performance obligation. These five elements, as applied to each of the Company’s revenue category, is summarized below: · IT services - revenue is recorded on a monthly basis as services are provided; · Sale of phones, phone card products, prepaid cellular phone minutes and cellular activation – revenue is recognized at the time of sale to the customer; and · License fees and Royalties – revenue is recognized based on the terms of the agreement with its customer.
Cost of Goods Sold	Cost of Goods Sold Cost of goods sold represents the cost of the phone, phone card products and prepaid cellular phone minutes sold by the Company.
Unearned revenue	Unearned revenue Unearned revenue represents the net amount received for the purchase of products that have not seen shipped to the Company’s customers. In 2018, the Company ran pre-sales efforts for its pet tracker product and received prepayments for its product. As of December 31, 2018, unearned revenue related to this pre-sales campaign was $57,848. In addition, during 2018, the Company received $200,000 in connection with an intellectual property license and royalty agreement (see Note 15). At December 31, 2019, the Company determined that the unearned revenue would not likely result in the recognition of revenue; therefore, $249,094 of unearned revenue was reclassified to accrued expenses.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company has no material uncertain tax positions for any of the reporting periods presented.
Basic and Diluted Earnings Per Share	Basic and Diluted Earnings Per Share Earnings per share is calculated in accordance with ASC Topic 260, Earnings Per Share December 31, December 31, 2019 2018 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock — — Series H preferred stock 1,000,000 — Warrants 19,654,167 419,167 Convertible notes 1,100,000 43,166 Total 21,754,205 462,371
Management's Evaluation of Subsequent Events	Management’s Evaluation of Subsequent Events The Company evaluates events that have occurred after the balance sheet date of December 31, 2019, through the date which the consolidated financial statements are issued. Based upon the review, other than described in Note 17 – Subsequent Events, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the consolidated financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2018, the FASB issued Accounting Standards Update (“ASU”) ASU 2018-07, Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes Income Taxes Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Schedule of estimated lives of property and equipment	Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives as follows: Furniture 7 years Computers and equipment 3 years POSA machines 3 years
Schedule of Fair Value Measurements	At December 31, 2019 and 2018, the Company identified the following liabilities that are required to be presented on the balance sheet at fair value: Fair Value Fair Value Measurements at As of December 31, 2019 Description December 31, 2019 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 1,000,000 $ - $ 1,000,000 $ - Conversion feature on convertible notes $ - $ - $ - $ - Fair Value Fair Value Measurements at As of December 31, 2018 Description December 31, 2018 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Mobiquity Technologies, Inc. $ 18,200,000 $ - $ 18,200,000 $ - Conversion feature on convertible notes $ 3,833,506 $ - $ 3,833,506 $ -
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following potentially-dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive. December 31, December 31, 2019 2018 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock — — Series H preferred stock 1,000,000 — Warrants 19,654,167 419,167 Convertible notes 1,100,000 43,166 Total 21,754,205 462,371

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
Summary of purchase price	A summary of the purchase price and the purchase price allocations at fair value is shown below. Electronic ECS Check CSLS Total Purchase price Cash $ 100,000 $ 75,000 $ 25,000 $ 200,000 Shares of common stock 1,010,000 a 695,000 c — 1,705,000 Secured promissory note 960,000 — — 960,000 Warrants 992,958 b 682,919 d — 1,675,877 $ 3,062,958 $ 1,452,919 $ 25,000 $ 4,540,877 Allocation of purchase price Property and equipment $ 50,000 $ 15,000 $ — $ 65,000 Technology 826,667 413,333 — 1,240,000 Tradename 546,667 273,333 — 820,000 Customer relationships 993,333 496,667 — 1,490,000 Goodwill 646,291 254,586 25,000 925,877 Purchase price $ 3,062,958 $ 1,452,919 $ 25,000 $ 4,540,877

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	The operating results for ECS Prepaid, Electronic Check Services and the Central State Legal Services have been presented in the accompanying consolidated statement of operations for the years ended December 31, 2019 and 2018 as discontinued operations and are summarized below: Year Ended December 31, 2019 2018 Revenue $ 23,901,278 $ 37,061,736 Cost of revenue 23,336,163 36,299,003 Gross Profit 565,115 762,733 Operating expenses 1,046,390 1,159,304 Loss from operations (481,275 ) (396,571 ) Other income (expenses) (3 ) 5,170 Net loss $ (481,278 ) $ (391,401 ) The assets and liabilities of the discontinued operations at September 30, 2019 and December 31, 2018 are summarized below: 2019 2018 Current assets $ — $ 100,050 Property and equipment — 47,344 Intangible assets — 3,149,740 Goodwill — 925,877 Total assets $ — $ 4,223,011 Current liabilities $ — $ 906,700 Total liabilities $ — $ 906,700

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment consisted of the following as of December 31, 2019 and 2018: 2019 2018 Furniture $ 33,739 $ 33,739 Computers and equipment 23,316 23,316 POSA machines 287,895 270,424 344,950 327,479 Less accumulated depreciation (227,264 ) (136,385 ) Property and equipment, net $ 117,686 $ 191,094

Equity Investment in GBT Tech_2

Equity Investment in GBT Technologies, S.A. (Tables)	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Equity Investment Information regarding GBT-CR	Information regarding GBT-CR as of and for the year ended December 31, 2019 is below: Current assets $ 979,389 Total assets 7,013,772 Current liabilities 359,040 Total liabilities 2,645,706 Total stockholders' equity 4,368,066 Revenue $ 4,138,496 Operating expenses 3,103,691 Other expenses 398,501 Net income 636,304

Convertible Notes Payable (Tabl

Convertible Notes Payable (Table)	12 Months Ended
	Dec. 31, 2019
Notes Payable [Abstract]
Summary of Convertible notes payable	Convertible notes payable at December 31, 2019 and 2018 consist of the following: 2019 2018 Convertible notes payable to Power Up $ — $ 427,200 Convertible notes payable to Investor — 3,004,000 Convertible note payable to GBT Technologies 10,000,000 — Convertible note payable to Glen Eagle 1,000,000 — Total convertible notes payable 11,000,000 3,431,200 Unamortized debt discount — (3,233,124 ) Convertible notes payable 11,000,000 198,076 Less current portion — (198,076 ) Convertible notes, long-term portion $ 11,000,000 $ —
Rollfoward of convertible note	A roll-forward of the convertible note from December 31, 2017 to December 31, 2019 is below: Convertible notes, December 31, 2017 $ 25,623 Issued for cash 6,356,000 Original issue discount 575,200 Repayment in cash (1,305,000 ) Conversion to common stock (2,275,000 ) Debt discount related to new convertible notes (6,919,541 ) Amortization of debt discounts 3,740,794 Convertible notes, December 31, 2018 198,076 Issued for cash 3,000,000 Issued for acquisition 10,000,000 Issued for services 1,000,000 Original issue discount 336,000 Conversion to common stock (1,357,200 ) Debt discount related to new convertible notes (3,336,000 ) Reduction in convertible note due to legal settlement (5,410,000 ) Amortization of debt discounts 6,569,124 Convertible notes, December 31, 2019 $ 11,000,000

Derivative Liability (Tables)

Derivative Liability (Tables)	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Assumptions to measure fair value	The Company uses a weighted average Black-Scholes option pricing model with the following assumptions to measure the fair value of derivative liability at December 31, 2019 and 2018: 2019 2018 Stock price $ 3.080 $ 0.32 Risk free rate 1.75 % 2.63 % Volatility 650 % 150 % Conversion/ Exercise price $ 0.800 $ 0.21 to 0.25 Dividend rate 0 % 0 %
Schedule of Derivative Liabilities at Fair Value	The following table represents the Company’s derivative liability activity for the years ended December 31, 2018 and 2019: Derivative liability balance, December 31, 2017 $ 95,164 Issuance of derivative liability during the period 6,000,244 Fair value of beneficial conversion feature of debt repaid (2,996,442 ) Change in derivative liability during the period 734,540 Derivative liability balance, December 31, 2018 3,833,506 Issuance of derivative liability during the period 5,721,939 Fair value of beneficial conversion feature of debt converted (2,264,578 ) Change in derivative liability during the period (7,290,867 ) Derivative liability balance, December 31, 2019 $ —

Note Payable (Tables)

Note Payable (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Notes payable	Notes payable at December 31, 2019 and 2018 consist of the following: 2019 2018 RWJ acquisition note $ 2,600,000 $ 2,600,000 ECS acquisition note — 100,000 Promissory note to investor 2,325,000 — Promissory note to investor 1,046,261 — Total notes payable 5,971,261 2,700,000 Unamortized debt discount (47,671 ) (744 ) Notes payable $ 5,923,590 $ 2,699,256
Rollfoward of note payable	A roll-forward of the promissory notes from December 31, 2017 to December 31, 2019: Notes payable, December 31, 2017 $ 2,600,000 Issued for acquisition 960,000 Repayment of note payable (860,744 ) Notes payable, December 31, 2018 2,699,256 Issued for cash 3,071,261 Original issue discount 300,000 Repayment of note payable (99,256 ) Debt discount related to new convertible notes (300,000 ) Amortization of debt discounts 252,329 Notes payable, December 31, 2019 $ 5,923,590

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
Summary of warrant activity	The following is a summary of warrant activity. Weighted Weighted Average Average Remaining Aggregate Warrants Exercise Contractual Intrinsic Outstanding Price Life Value Outstanding, December 31, 2017 227,605 $ 55.00 4.67 $ 13,640,000 Granted 192,500 69.00 Forfeited (938 ) 225.00 Exercised — Outstanding, December 31, 2018 419,167 $ 61.00 3.48 $ — Granted 25,355,000 0.97 Forfeited — Exercised (6,120,000 ) 0.50 Outstanding, December 31, 2019 19,654,167 $ 1.57 2.76 $ 1,111,600 Exercisable, December 31, 2019 19,650,167 $ 1.57 2.76 $ 1,111,600
Summary of exercise price for warrant outstanding	The exercise price for warrant outstanding and exercisable at December 31, 2019: Outstanding Exercisable Number of Exercise Number of Exercise Warrants Price Warrants Price 15,880,000 $ 0.50 15,880,000 $ 0.50 3,000,000 1.85 3,000,000 1.85 500,000 2.70 500,000 2.70 20,000 31.90 20,000 31.90 100,000 50.00 100,000 50.00 75,000 75.00 75,000 75.00 50,000 100.00 50,000 100.00 6,667 200.00 6,667 200.00 10,000 235.00 10,000 235.00 7,500 250.00 7,500 250.00 5,000 280.00 1,000 280.00 19,654,167 19,650,167
Schedule of Assumptions	The fair value of the warrants listed above was determined using the Black-Scholes option pricing model with the following assumptions: December 31, December 31, 2019 2018 Risk-free interest rate 1.55% 2.65% Expected life of the options 3.1 to 3.6 years 5 years Expected volatility 185% 210% Expected dividend yield 0% 0%

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Components of deferred tax assets	At December 31, 2019 and 2018, the significant components of the deferred tax assets are summarized below: 2019 2018 Deferred income tax asset Net operation loss carryforwards $ 7,424,074 $ 5,753,319 Book to tax differences in intangible assets — 64,600 Total deferred income tax asset 7,424,074 5,817,920 Less: valuation allowance (7,424,074 ) (5,817,920 ) Total deferred income tax asset $ — $ —
Schedule of components of Income tax expense	Income tax expense reflected in the consolidated statements of income consist of the following for 2019 and 2018: 2019 2018 Current Federal $ — $ — State — — — — Deferred Federal — — State — — — — Income tax expense $ — $ —
Schedule of Effective Income Tax Rate Reconciliation	The reconciliation of the effective income tax rate to the federal statutory rate for the years ended December 31, 2019 and 2018 is as follows: 2019 2018 Amount Percent Amount Percent Federal statutory rates $ (39,166,075 ) 75.7 % $ (10,871,631 ) 21.0 % State income taxes (14,920,410 ) 28.8 % (4,141,574 ) 8.0 % Permanent differences 52,480,331 -101.4 % 10,982,617 -21.2 % Valuation allowance against net deferred tax assets 1,606,154 -3.1 % 4,030,587 -7.8 % Effective rate $ — 0.0 % $ — 0.0 %

Organization and Nature of Busi

Organization and Nature of Business (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reverse stock split	1 for 100
Accumulated deficit	$ (252,656,451)	$ (66,151,332)
Working capital deficit	$ (11,830,572)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2019
Furniture [Member]
Useful life	7 years
Computer And Equipment [Member]
Useful life	3 years
POSA machines [Member]
Useful life	3 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details 1) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Surge Holdings [Member]
Marketable equity security	$ 1,000,000
Conversion feature on convertible notes
Surge Holdings [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable equity security
Conversion feature on convertible notes
Surge Holdings [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable equity security	1,000,000
Conversion feature on convertible notes
Surge Holdings [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable equity security
Conversion feature on convertible notes
Mobiquity [Member]
Marketable equity security		$ 18,200,000
Conversion feature on convertible notes		$ 3,833,506
Mobiquity [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable equity security
Conversion feature on convertible notes
Mobiquity [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable equity security	18,200,000
Conversion feature on convertible notes	3,833,506
Mobiquity [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable equity security
Conversion feature on convertible notes

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details 2) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Convertible note	1,100,000	43,166
Number of potentially dilutive securities	21,754,205	462,371
Warrant [Member]
Number of potentially dilutive securities	19,654,167	419,167
Series B Convertible Preferred Stock [Member]
Preferred shares	30	30
Series C Convertible Preferred Stock [Member]
Preferred shares	8	8
Series G Convertible Preferred Stock [Member]
Preferred shares
Series H Convertible Preferred Stock [Member]
Preferred shares	1,000,000

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Jan. 08, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Allowance for doubtful accounts		$ 0	$ 0
Impairment Losses		48,631,534	7,132,286
Impairment of long-lived assets		0	0
Derivative financial instruments		0	0
Number of restricted shares pledged	200,267
Value of restricted shares	$ 7,610,147
Unearned revenue			257,848
Uncertain tax positions		0	0
Cash received in connection with intellectual property license and royalty agreement		$ 200,000	$ 200,000
Minimum [Member]
Amortize of intangible asstes		60 months
Maximum [Member]
Amortize of intangible asstes		120 months
RWJ Advanced Marketing, LLC
Impairment Losses				$ 5,916,667
Goodwill Acquired				950,619
RWJ Advanced Marketing, LLC | Goodwill [Member]
Impairment Losses				950,619
ECS Prepaid LLC [Member]
Goodwill Acquired				646,291
Electronic Check [Member]
Goodwill Acquired				254,586
Central State Legal Services [Member]
Goodwill Acquired				$ 25,000

Acquisition (Details)

Acquisition (Details) - USD ($)	Dec. 31, 2019	Apr. 02, 2018	Mar. 16, 2018
ECS Prepaid LLC [Member]
Purchase price
Cash			$ 100,000
Shares of common stock			1,010,000
Secured promissory note			960,000
Warrants			992,958
Purchase price			3,062,958
Allocation of purchase price
Property and equipment			50,000
Technology			826,667
Tradename			546,667
Software			993,333
Goodwill			646,291
Purchase price			$ 3,062,958
Electronic Check [Member]
Purchase price
Cash		$ 75,000
Shares of common stock		695,000
Secured promissory note
Warrants		682,919
Purchase price		1,452,919
Allocation of purchase price
Property and equipment		15,000
Technology		413,333
Tradename		273,333
Software		496,667
Goodwill		254,586
Purchase price		1,452,919
CSLS [Member]
Purchase price
Cash		25,000
Shares of common stock
Secured promissory note
Warrants
Purchase price		25,000
Allocation of purchase price
Property and equipment
Technology
Tradename
Software
Goodwill		25,000
Purchase price		$ 25,000
Total [Member]
Purchase price
Cash	$ 200,000
Shares of common stock	1,705,000
Secured promissory note	960,000
Warrants	1,675,877
Purchase price	4,540,877
Allocation of purchase price
Property and equipment	65,000
Technology	1,240,000
Tradename	820,000
Software	1,490,000
Goodwill	925,877
Purchase price	$ 4,540,877

Acquisition (Details Narrative)

Acquisition (Details Narrative) - USD ($)	Apr. 02, 2018	Mar. 16, 2018	Dec. 31, 2019	Dec. 31, 2018
Volatility			650.00%	150.00%
Risk free interest rate			1.75%	2.63%
ECS Prepaid LLC [Member]
Warrants fixed exercise price		$ 1.85
Cash		$ 100,000
Secured promissory note		$ 960,000
Purchase of warrants		500,000
Purchase of common stock		500,000
Principal periodic payments		$ 100,000
Determination method		Black-Scholes option pricing model
Expected life		5 years
Volatility		210.00%
Dividend yield		0.00%
Risk free interest rate		2.65%
Electronic Check [Member]
Warrants fixed exercise price	$ 2.70
Cash	$ 75,000
Secured promissory note
Purchase of warrants	250,000
Purchase of common stock	250,000
Determination method	Black-Scholes option pricing model
Expected life	5 years
Volatility	210.00%
Dividend yield	0.00%
Risk free interest rate	2.65%

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenue	$ 19,277,058	$ 14,507,869
Cost of revenue	18,259,955	13,377,761
Gross Profit	1,017,103	1,130,108
Operating expenses	178,067,794	46,539,037
Loss from operations	(177,050,691)	(45,408,929)
Other income (expenses)	(10,354,953)	(5,969,340)
Net loss	(186,505,119)	(51,769,670)
Discontinued Operations [Member]
Revenue	23,901,278	37,061,736
Cost of revenue	23,336,163	36,299,003
Gross Profit	565,115	762,733
Operating expenses	1,046,390	1,159,304
Loss from operations	(481,275)	(396,571)
Other income (expenses)	(3)	5,170
Net loss	$ (481,278)	$ (391,401)

Discontinued Operations (Deta_2

Discontinued Operations (Details 1) - USD ($)	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Current assets	$ 1,148,757		$ 10,354,589
Property and equipment	117,686		191,094
Total assets	5,266,443		24,545,683
Current liabilities	12,979,329		10,029,294
Total liabilities	$ 23,979,329		10,029,294
Discontinued Operations [Member]
Current assets		$ 0	100,050
Property and equipment		0	47,344
Intangible assets		0	3,149,740
Goodwill		0	925,877
Total assets		0	4,223,011
Current liabilities		0	906,700
Total liabilities		$ 0	$ 906,700

Discontinued Operations (Deta_3

Discontinued Operations (Details Narrative) - Asset Purchase Agreement [Member] - Surge Holdings [Member]	1 Months Ended
	Dec. 31, 2019USD ($)shares
Sale of common stock | shares	3,333,333
Consideartion from sale of common stock	$ 5,000,000
Payment of principal	$ 4,000,000
Number of common stock pledged | shares	3,333,333
Gain on disposition of discontinued operations	$ 1,381,803

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 344,950	$ 327,479
Less accumulated depreciation	(227,264)	(136,385)
Property and equipment, net	117,686	191,094
Furniture [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	33,739	33,739
Computer And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	23,316	23,316
POSA machines [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 287,895	$ 270,424

Property and Equipment, Net (_2

Property and Equipment, Net (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 107,095	$ 106,602

Investment in Mobiquity Techn_2

Investment in Mobiquity Technologies, Inc. and Surge Holdings, Inc.; Convertible Note Receivable (Details Narrative) - USD ($)	Sep. 10, 2019	Aug. 06, 2019	May 10, 2019	Sep. 04, 2018	Dec. 31, 2019	Nov. 19, 2018	Dec. 31, 2019	Dec. 31, 2018
Common stock shares authorised					500,000,000		500,000,000	500,000,000
Warrants description		Mobiquity delivered a counter signed letter agreement dated August 2, 2019 pursuant to which the Company exchanged 120,000,000 Mobiquity Warrants into 20,000,000 shares of Mobiquity common stock, which will result in the Company holding 60,000,000 shares of Mobiquity common stock.
Advangelists, LLC [Member]
Membership interest			49.00%
Interest			$ 7,475,000
Promissory Note payable description			Cancellation of an outstanding Promissory Note payable by GEAL to the Company in the amount of $1,200,000 originally issued on March 1, 2019.
GBT Technologies, S.A. [Member]
Payment of consideration							60,000,000
Mobiquity [Member]
Number of restricted Series AAAA Preferred Stock received				1,000
Issuance of common stock				10,000,000		200
Number of shares converted				100,000,000		20,000,000
Common stock purchase warrants issued				150,000,000		30,000,000
Warrant exercise price				$ 0.12		$ 0.12
Term				5 years
Common stock shares authorised				250,000,000
Common stock owned					40,000,000		40,000,000
Mobiquity [Member] | Stock Purchase Agreement [Member]
Issuance of common stock	110,000
Number of common stock returned	15,000,000
Loss on sale of common stock	$ 3,673,595
Mobiquity [Member] | Stock Purchase Agreement [Member] | Salkind Trust [Member]
Sale of common stock	7,000,000
Consideartion from sale of common stock	$ 67,200
Mobiquity [Member] | Stock Purchase Agreement [Member] | Salkind [Member]
Sale of common stock	28,000,000
Consideartion from sale of common stock	$ 268,000
Mobiquity [Member] | Stock Purchase Agreement [Member] | Katyal [Member]
Issuance of common stock	90,000
Sale of common stock	10,000,000
Glen Eagles Acquisition LP [Member]
Common stock issued for consulting services						20,000
Surge Holdings [Member] | Asset Purchase Agreement [Member]
Sale of common stock					3,333,333
Consideartion from sale of common stock					$ 5,000,000
Payment of principal					$ 4,000,000

Equity Investment in GBT Tech_3

Equity Investment in GBT Technologies, S.A. (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current assets	$ 1,148,757	$ 10,354,589
Total assets	5,266,443	24,545,683
Current liabilities	12,979,329	10,029,294
Total liabilities	23,979,329	10,029,294
Total stockholders' equity	(18,712,886)	14,516,389	$ 4,221,841
Revenue	19,277,058	14,507,869
Operating expenses	178,067,794	46,539,037
Net Income	(186,505,119)	$ (51,769,670)
GBT-CR
Current assets	979,389
Total assets	7,013,772
Current liabilities	359,040
Total liabilities	2,645,706
Total stockholders' equity	4,368,066
Revenue	4,138,496
Operating expenses	3,103,691
Other expenses	398,501
Net Income	$ 636,304

Equity Investment in GBT Tech_4

Equity Investment in GBT Technologies, S.A. (Details Narrative) - USD ($)	Feb. 06, 2019	Jun. 17, 2019	Dec. 31, 2019	Dec. 31, 2018
Conversion price (in dollars per share)			$ 0.80
Impairment charge			$ 48,631,534	$ 7,132,286
Series H Convertible Preferred Stock [Member]
Number of shares converted				66,000
Altcorp [Member]
Note payable description	Note payable by Gopher Protocol Costa Rica Sociedad De Responsabilidad Limitada to the Company in the principal amount of $5,000,000 dated February 6, 2019 (of which the underlying security for this Promissory Note is 30,000,000 restricted shares of common stock of Mobiquity) and 60,000,000 restricted shares of common stock of Mobiquity.
Impairment charge			$ 30,731,534
Altcorp [Member] | Series H Convertible Preferred Stock [Member]
Number of shares converted		20,000
Stock Issued for Acquisitions, Shares		625,000
Conversion price (in dollars per share)		$ 10
Debt conversion, converted instrument, Value		$ 10,000,000
Interest rate		6.00%
Maturity date		Dec. 31, 2021
Dividend per share		$ 500

Investment in Joint Venture (De

Investment in Joint Venture (Details Narrative) - BitSpeed Agreement	Oct. 10, 2018USD ($)shares
Common stock contributed | shares	10,000,000
Value of common stock contributed | $	$ 17,900,000

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Total convertible notes payable	$ 11,000,000	$ 3,431,200
Unamortized debt discount	0	(3,233,124)
Convertible note payable	11,000,000	198,076	$ 25,623
Convertible notes payable		(198,076)
Convertible notes, long-term portion	11,000,000
Power Up Lending Group Ltd.
Total convertible notes payable		427,200
Discover Growth Fund
Total convertible notes payable		3,004,000
GBT Technologies, S.A. [Member]
Total convertible notes payable	10,000,000
Glen Eagle [Member]
Total convertible notes payable	$ 1,000,000

Convertible Notes Payable (De_2

Convertible Notes Payable (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Notes Payable [Abstract]
Convertible notes at beginning	$ 198,076	$ 25,623
Issued for cash	3,000,000	6,356,000
Issued for acquisition	10,000,000
Issued for services	1,000,000
Original issue discount	336,000	575,200
Repayment in cash		(1,305,000)
Conversion to common stock	(1,357,200)	(2,275,000)
Debt discount related to new convertible notes	(3,336,000)	(6,919,541)
Reduction in convertible note due to legal settlement	(5,410,000)
Amortization of debt discounts	6,821,453	3,740,794
Convertible notes, at end	$ 11,000,000	$ 198,076

Convertible Notes Payable (De_3

Convertible Notes Payable (Detail Narrative)	Dec. 03, 2018USD ($)$ / sharesshares	Nov. 06, 2018USD ($)	Sep. 28, 2018USD ($)	Apr. 09, 2018USD ($)Number$ / sharesshares	Mar. 02, 2018USD ($)Number$ / sharesshares	Oct. 02, 2017USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Jun. 17, 2019USD ($)$ / sharesshares	Jan. 31, 2019USD ($)shares	Dec. 31, 2018USD ($)$ / sharesshares	Nov. 30, 2018shares	Nov. 28, 2018	Oct. 31, 2018USD ($)shares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Debt Instrument [Line Items]
Conversion price (in dollars per share) | $ / shares							$ 0.80							$ 0.80
Fair Value of warrants														$ 120,476,603
Volatility														650.00%	150.00%
Risk free interest rate														1.75%	2.63%
Beneficial conversion feature														$ 2,264,578	$ 2,996,442
Amortization of debt discount														6,821,453	3,740,794
Debt Discount							$ 123,287			$ 744				123,287	744
Unamortized debt discount							0			$ 3,233,124				0	3,233,124
Derivative liability							$ 11,212,573							11,212,573
Amortization of debt discounts														$ 6,569,124	$ 3,740,794
Series H Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Number of shares converted | shares															66,000
Altcorp [Member] | Series H Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Conversion price (in dollars per share) | $ / shares								$ 10
Note maturity date								Dec. 31, 2021
Value of share converted								$ 10,000,000
Number of shares converted | shares								20,000
Stock Issued for Acquisitions, Shares | shares								625,000
Dividend per share | $ / shares								$ 500
Investor [Member]
Debt Instrument [Line Items]
Value of share converted															$ 2,000,000
Number of shares converted | shares										94,993
Minimum [Member]
Debt Instrument [Line Items]
Conversion price (in dollars per share) | $ / shares										$ 0.21					$ 0.21
Warrant exercise price | $ / shares														$ 0.50
Maximum [Member]
Debt Instrument [Line Items]
Conversion price (in dollars per share) | $ / shares										$ 0.25					$ 0.25
Warrant exercise price | $ / shares														$ 2.70
Investor [Member]
Debt Instrument [Line Items]
Number of shares converted | shares							34,963		16,624					74,762
Investor [Member] | Principal [Member]
Debt Instrument [Line Items]
Value of share converted							$ 580,000		$ 350,000	$ 2,000,000				$ 1,357,200
Investor [Member] | Accrued Interest [Member]
Debt Instrument [Line Items]
Value of share converted							51,096		$ 1,158	6,616				62,934
Bellridge Capital LLC
Debt Instrument [Line Items]
Number of shares converted | shares													324,528
Stock issued for financing cost, Shares | shares											318,583
Convertible Notes Payable ("Bellridge Capital LLC ") [Member]
Debt Instrument [Line Items]
Note payable, principal amount				$ 750,000	$ 750,000
Note payable, interest rate				10.00%	10.00%
Note maturity date					Mar. 1, 2019
Purchase of warrants | shares				500,000	500,000
Exercise Price | $ / shares				$ 2.35	$ 2.35
Term				5 years	5 years
Common stock issued to escrow agent | shares				1,000,000	1,000,000
Closing price | $ / shares				$ 1	$ 1.10
Value of share converted				$ 750,000	$ 750,000
Trading Days | Number				20	20
Fair Value of warrants				$ 2,037,713	$ 827,428
Determination method				Black-Scholes option pricing model	Black-Scholes option pricing model
Expected life				5 years	5 years
Volatility				210.00%	210.00%
Dividend yield				0.00%	0.00%
Risk free interest rate				2.60%	2.65%
Discount on convertible note				$ 548,222	$ 393,407
Beneficial conversion feature				201,778	356,593
Debt Discount				750,000	750,000
Derivative liability					172,282
Convertible Notes Payable ("Bellridge Capital LLC ") [Member] | Convertible Note
Debt Instrument [Line Items]
Note payable, principal amount				548,222	356,593
Debentures description												Company entered into a letter agreement with Bellridge acknowledging that no event of default exists under the Bellridge Debentures as a result of the issuance of certain convertible securities, that the Company may prepay the Bellridge Debentures in the full amount by making a payment in the amount of $2,450,000 by December 17, 2018 (the “Repayment Date”) and Bellridge will not submit further conversion notices until after the Repayment Date. In the event the Bellridge Debentures are not paid off as of the Repayment Date (i) the outstanding principal amount (principal balance) of the First Bellridge Debenture shall be increased to $1,022,510 and the outstanding principal amount (principal balance) of the Second Bellridge Debenture shall be increased to $1,427,490 and (ii) the Conversion Price of the Bellridge Debentures shall be adjusted to equal 35% of the lowest trading price for the Company’s common stock during the twenty trading days immediately preceding the delivery by Bellridge of a Notice of Conversion. On December 17, 2018, the Bellridge Debentures were repaid in full, and there are no further obligations owed with respect to the Bellridge Debentures.
Convertible Notes Payable ("Bellridge Capital LLC ") [Member] | Warrant [Member]
Debt Instrument [Line Items]
Note payable, principal amount				$ 201,778	$ 393,407
Accrued Interest [Member] | Bellridge Capital LLC
Debt Instrument [Line Items]
Value of share converted													$ 17,075
Principal [Member] | Bellridge Capital LLC
Debt Instrument [Line Items]
Value of share converted													$ 275,000
Convertible Notes Payable 3 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement
Debt Instrument [Line Items]
Note payable, principal amount		$ 183,600					0			183,600				$ 0	$ 183,600
Note payable, interest rate		6.00%
Note maturity date		Feb. 6, 2020
Purchase price		$ 153,000
Derivative liability		$ 171,942
Number of shares converted | shares														15,685
Convertible Notes Payable 3 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement | Principal [Member]
Debt Instrument [Line Items]
Value of share converted														$ 183,600
Convertible Notes Payable 3 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement | Accrued Interest [Member]
Debt Instrument [Line Items]
Value of share converted														4,590
Convertible Notes Payable 2 ("Power Up Lending Group Ltd") [Member]
Debt Instrument [Line Items]
Note payable, principal amount						$ 80,000
Note payable, interest rate						10.00%
Note maturity date						Jul. 10, 2018
Convertible Notes Payable 2 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement
Debt Instrument [Line Items]
Note payable, principal amount			$ 243,600				0			243,600				$ 0	243,600
Note payable, interest rate			6.00%
Note maturity date			Dec. 24, 2019
Purchase price			$ 203,000
Derivative liability			$ 337,669
Number of shares converted | shares														7,491
Convertible Notes Payable 2 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement | Principal [Member]
Debt Instrument [Line Items]
Value of share converted														$ 243,600
Convertible Notes Payable 2 ("Power Up Lending Group Ltd") [Member] | Securities Purchase Agreement | Accrued Interest [Member]
Debt Instrument [Line Items]
Value of share converted														6,090
Senior Secured Redeemable Convertible Debenture [Member] | Securities Purchase Agreement
Debt Instrument [Line Items]
Note payable, principal amount	$ 8,340,000									3,004,000					3,004,000
Note payable, interest rate	2.00%
Purchase of warrants | shares	225,000
Fair Value of warrants	$ 7,832,697
Determination method	Black-Scholes option pricing model
Expected life	3 years
Volatility	190.00%
Dividend yield	0.00%
Discount on convertible note	$ 4,310,085
Beneficial conversion feature	4,029,915
Debt Discount	$ 8,340,000
Debentures description	The interest must be paid in cash and, in certain circumstances, may be paid in shares of common stock. In connection with the issuance of the Debenture and pursuant to the terms of the SPA, the Company issued a Common Stock Purchase Warrant to acquire up to 225,000 shares of common stock for a term of three years (the “Warrant”) on a cash-only basis at an exercise price of $100.00 per share with respect to 50,000 Warrant Shares, $75.00 with respect to 75,000 Warrant Shares and $50.00 with respect to 100,000 Warrant Shares. Pursuant to the terms of the SPA, the investor agreed to tender to the Company the sum of $7,500,000, of which the Company received the sum of $4,500,000 as of the closing, $1,000,000 on January 4, 2019, $1,000,000 on February 5, 2019 and $1,000,000 on March 5, 2019. As of the closing, the face value of the Debenture was $5,004,000.00; as of the first month’s anniversary of the closing, the face value of the Debenture increased to $6,116,000; as of the second month’s anniversary of the closing, the face value of the Debenture increased to $7,228,000; and as of the third month’s anniversary of the closing, the face value of the Debenture increased to $8,340,000. As of the closing, the number of Warrant Shares was 135,000; as of the first month’s anniversary of the closing, the number of Warrant Shares increased to 165,000; as of the second month’s anniversary of the closing, the number of Warrant Shares increased to 195,000; as of the third month’s anniversary of the closing, the number of Warrant Shares increased to 225,000.
Senior Secured Redeemable Convertible Debenture [Member] | Securities Purchase Agreement | Minimum [Member]
Debt Instrument [Line Items]
Risk free interest rate	2.47%
Warrant exercise price | $ / shares	$ 50
Senior Secured Redeemable Convertible Debenture [Member] | Securities Purchase Agreement | Maximum [Member]
Debt Instrument [Line Items]
Risk free interest rate	2.84%
Warrant exercise price | $ / shares	$ 100
Debenture [Member]
Debt Instrument [Line Items]
Note payable, principal amount							$ 0			$ 3,004,000				$ 0	$ 3,004,000

Accrued Settlement (Details Nar

Accrued Settlement (Details Narrative) - USD ($)	1 Months Ended		12 Months Ended
	Jan. 31, 2020	Dec. 23, 2019	Dec. 31, 2019	Dec. 31, 2018
Gain on settlement of debt			$ 1,375,556
Securities Purchase Agreement | Investor
Arbitrator awarded	$ 4,034,444
Interest rate	7.25%
Interest	$ 55,613
Legal matter		$ 8,340,000
Gain on settlement of debt	$ 1,375,556

Derivative Liability (Details)

Derivative Liability (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Stock price	$ 3.08	$ 0.32
Risk free rate	1.75%	2.63%
Volatility	650.00%	150.00%
Conversion/ Exercise price	$ 0.80
Dividend rate	0.00%	0.00%
Minimum [Member]
Conversion/ Exercise price		$ 0.21
Maximum [Member]
Conversion/ Exercise price		$ 0.25

Derivative Liability (Details 1

Derivative Liability (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Notes to Financial Statements
Derivative liability balance, Beginning	$ 3,833,506	$ 95,164
Issuance of derivative liability	5,721,939	6,000,244
Fair value of beneficial conversion feature of debt repaid/converted	(2,264,578)	(2,996,442)
Change in derivative liability during the period	(7,290,867)	734,540
Derivative liability balance, end		$ 3,833,506

Note Payable (Details)

Note Payable (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Total notes payable	$ 5,971,261	$ 2,700,000
Unamortized debt discount	(123,287)	(744)
Notes payable	5,923,590	2,699,256
Promissory note to investor
Total notes payable	2,325,000
Promissory note to investor two
Total notes payable	1,046,261
RWJ Advanced Marketing, LLC
Total notes payable	2,600,000	2,600,000
ECS Prepaid LLC [Member]
Total notes payable		$ 100,000

Note Payable (Details 1)

Note Payable (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Notes Payable at beginning	$ 2,699,256
Issued for cash/ Issued for acquisition	3,000,000	$ 6,356,000
Original issue discount	336,000	575,200
Amortization of debt discounts	6,821,453	3,740,794
Notes Payable, at end	5,923,590	2,699,256
Notes Payable [Member]
Notes Payable at beginning	2,699,256	2,600,000
Issued for cash/ Issued for acquisition	3,071,261	960,000
Original issue discount	300,000
Repayment of note payable	(99,256)	(860,744)
Debt discount related to new convertible notes	(300,000)
Amortization of debt discounts	252,329
Notes Payable, at end	$ 5,923,590	$ 2,699,256

Note Payable (Details Narrative

Note Payable (Details Narrative) - USD ($)	1 Months Ended			12 Months Ended
	Feb. 27, 2019	Mar. 16, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Original issue discount				$ 336,000	$ 575,200
Interest expense				6,215,457	5,814,006
Unamortized debt discount				0	3,233,124
Proceeds from Notes Payable				3,071,261
Promissory Note [Member]
Interest rate	10.00%
Note payable, principal amount	$ 2,325,000
Original issue discount	300,000
Consideration	2,025,000
Paid for legal fees	$ 25,000
Interest expense				252,329	$ 0
Unamortized debt discount				$ 47,671
Promissory Note two [Member]
Interest rate				10.00%
Interst payable date				Feb. 9, 2020
Proceeds from Notes Payable				$ 1,046,261
RWJ Advanced Marketing, LLC
Interest rate			3.50%
Interst payable date			Dec. 31, 2019
ECS Prepaid LLC [Member]
Interest rate		9.00%
Interst payable date		Jan. 15, 2019
Principal periodic payments		$ 100,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Stockholders' Equity Note [Abstract]
Warrants Outstanding, Beginning	419,167	227,605
Warrants Granted	25,355,000	192,500
Warrants Forfeited		(938)
Warrants Exercised	(6,120,000)
Warrants Outstanding, End	19,654,167	419,167	227,605
Warrants Exercisable, End	19,650,167
Weighted Average Exercise Price Warrants Outstanding, Beginning	$ 61	$ 55
Weighted Average Exercise Price Warrants Granted	0.97	69
Weighted Average Exercise Price Warrants Forfeited		225
Weighted Average Exercise Price Warrants Exercised	0.5
Weighted Average Exercise Price Warrants Outstanding, End	1.57	$ 61
Weighted Average Exercise Price Warrants Exercisable at End	$ 1.57
Weighted Average Remaining Contractual Life, Outstanding	2 years 9 months 3 days	3 years 5 months 23 days	4 years 8 months 2 days
Weighted Average Remaining Contractual Life Exercisable at End	2 years 9 months 3 days
Aggregate Intrinsic Value Outstanding, Beginning		$ 13,640,000
Aggregate Intrinsic Value Outstanding, End	1,111,600		$ 13,640,000
Aggregate Intrinsic Value Outstanding, Exercisable at End	$ 1,111,600

Stockholders' Equity (Details 1

Stockholders' Equity (Details 1) - $ / shares	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Number of warrants Outstanding	19,654,167	419,167	227,605
Number of warrants Exercisable	19,650,167
$0.50
Number of warrants Outstanding	15,880,000
Exercise price of warrants Outstanding	$ 0.5
Number of warrants Exercisable	15,880,000
Exercise price of warrants Exercisable	$ 0.5
$1.85
Number of warrants Outstanding	3,000,000
Exercise price of warrants Outstanding	$ 1.85
Number of warrants Exercisable	3,000,000
Exercise price of warrants Exercisable	$ 1.85
$2.70
Number of warrants Outstanding	500,000
Exercise price of warrants Outstanding	$ 2.7
Number of warrants Exercisable	500,000
Exercise price of warrants Exercisable	$ 2.7
$31.90
Number of warrants Outstanding	20,000
Exercise price of warrants Outstanding	$ 31.9
Number of warrants Exercisable	20,000
Exercise price of warrants Exercisable	$ 31.9
$50.00
Number of warrants Outstanding	100,000
Exercise price of warrants Outstanding	$ 50
Number of warrants Exercisable	100,000
Exercise price of warrants Exercisable	$ 50
$75.00
Number of warrants Outstanding	75,000
Exercise price of warrants Outstanding	$ 75
Number of warrants Exercisable	75,000
Exercise price of warrants Exercisable	$ 75
$100.00
Number of warrants Outstanding	50,000
Exercise price of warrants Outstanding	$ 100
Number of warrants Exercisable	50,000
Exercise price of warrants Exercisable	$ 100
$200.00
Number of warrants Outstanding	6,667
Exercise price of warrants Outstanding	$ 200
Number of warrants Exercisable	6,667
Exercise price of warrants Exercisable	$ 200
$235.00
Number of warrants Outstanding	10,000
Exercise price of warrants Outstanding	$ 235
Number of warrants Exercisable	10,000
Exercise price of warrants Exercisable	$ 235
$250.00
Number of warrants Outstanding	7,500
Exercise price of warrants Outstanding	$ 250
Number of warrants Exercisable	7,500
Exercise price of warrants Exercisable	$ 250
$280.00
Number of warrants Outstanding	5,000
Exercise price of warrants Outstanding	$ 280
Number of warrants Exercisable	1,000
Exercise price of warrants Exercisable	$ 280

Stockholders' Equity (Details 2

Stockholders' Equity (Details 2)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Risk free interest rate	1.75%	2.63%
Expected volatility	650.00%	150.00%
Warrant [Member]
Risk free interest rate	1.55%	2.65%
Expected life of the options		5 years
Expected volatility	185.00%	210.00%
Expected dividend yield	0.00%	0.00%
Warrant [Member] | Minimum [Member]
Expected life of the options	3 years 1 month 6 days
Warrant [Member] | Maximum [Member]
Expected life of the options	3 years 7 months 6 days

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - USD ($)		Sep. 04, 2018	May 04, 2018	Dec. 31, 2019	Jun. 17, 2019	Jan. 31, 2019	Dec. 31, 2018	Nov. 19, 2018	Mar. 16, 2018	Jan. 23, 2018	Dec. 29, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2014	Mar. 04, 2015	Nov. 02, 2011
Stock issued for Services, Value												$ 235,900	$ 5,338,225
Stock Issued for Acquisitions, Value													1,705,000
Stock issued for cash, Value													$ 1,500,000
Common stock, authorized				500,000,000			500,000,000					500,000,000	500,000,000
Conversion price (in dollars per share)				$ 0.80								$ 0.80
Number of warrants issued												6,120,000
Cancelation of shares for settlement of legal matter													500
Cancellation of warrants for settlement of legal matter													938
Warrants issued												25,245,000
Fair value of warrants												$ 120,476,603
Common stock in connection with cashless exercise, shares												4,566,214
Minimum [Member]
Conversion price (in dollars per share)							$ 0.21						$ 0.21
Warrant exercise price												$ 0.50
Maximum [Member]
Conversion price (in dollars per share)							$ 0.25						$ 0.25
Warrant exercise price												$ 2.70
Convertible note payable
Number of warrants issued													10,000
ECS Prepaid LLC [Member]
Stock Issued for Acquisitions, Shares													5,000
Stock Issued for Acquisitions, Value													$ 1,010,000
Warrants issued for acquisition, Shares													5,000
Warrants issued for acquisition, Value													$ 992,958
Maturity date									Jan. 15, 2019
Electronic Check [Member]
Stock Issued for Acquisitions, Shares													2,500
Stock Issued for Acquisitions, Value													$ 695,000
Warrants issued for acquisition, Shares													2,500
Warrants issued for acquisition, Value													$ 682,919
Investor [Member]
Number of shares converted				34,963		16,624						74,762
Stock issued for disputed penalties, Shares												59,820
Stock issued for disputed penalties, Value												$ 975,065
Investor [Member] | Accrued Interest [Member]
Debt conversion, converted instrument, Value				$ 51,096		$ 1,158	$ 6,616					62,934
Investor [Member] | Principal [Member]
Debt conversion, converted instrument, Value				580,000		$ 350,000	2,000,000					1,357,200
Securities Purchase Agreement
Stock issued for Services, Shares			3,030								6,667
Stock issued for Services, Value			$ 500,000								$ 500,000
Stock issued for cash, Shares			3,030								13,333
Stock issued for cash, Value			$ 500,000								$ 1,000,000
Series H Convertible Preferred Stock [Member]
Number of shares converted													66,000
Number of common stock converted													660,000
Preferred stock, value	[1]
Preferred stock, issued				20,000								20,000
Preferred stock, Outstanding				20,000								20,000
Preferred stock, par value (in dollars per share)				$ 0.00001								$ 0.00001
Series G Convertible Preferred Stock [Member]
Number of shares converted													2,000,000
Number of common stock converted													20,000
Preferred stock, value	[2]
Preferred stock, issued				0			0					0	0
Preferred stock, Outstanding				0			0					0	0
Preferred stock, par value (in dollars per share)				$ 0.00001			$ 0.00001					$ 0.00001	$ 0.00001
Series B Convertible Preferred Stock [Member]
Preferred stock, value	[3]
Preferred stock, issued				45,000			45,000					45,000	45,000
Preferred stock, Outstanding				45,000			45,000					45,000	45,000
Preferred stock, par value (in dollars per share)				$ 0.00001			$ 0.00001					$ 0.00001	$ 0.00001
Conversion price (in dollars per share)																$ 30
Series C Convertible Preferred Stock [Member]
Preferred stock, value	[4]
Preferred stock, issued				700			700					700	700
Preferred stock, Outstanding				700			700					700	700
Preferred stock, par value (in dollars per share)				$ 0.00001			$ 0.00001					$ 0.00001	$ 0.00001
Series D Convertible Preferred Stock [Member]
Preferred stock, value	[5]
Preferred stock, issued				0			0					0	0
Preferred stock, Outstanding				0			0					0	0
Preferred stock, par value (in dollars per share)				$ 0.00001			$ 0.00001					$ 0.00001	$ 0.00001
Latinex
Common stock issued for stock loan (in shares)												200,267
Mobiquity [Member]
Number of comnmon stock cancelled												200,000
BitSpeed [Member]
Common stock issued in connection with a joint venture, shares												10,000,000
Common stock issued in connection with a joint venture, value												$ 17,900,000
Guardian LLC [Member]
Stock issued in comnnection with termination, Shares													125,000
Stock issued in comnnection with termination, Value													$ 11,750,000
Percentage of interest													50.00%
Gv Global Communications Inc [Member] | Series C Convertible Preferred Stock [Member]
Preferred stock, Outstanding				700			700					700	700
Debt conversion, converted instrument, Value														$ 7,770
Stock issued during period, shares, stock splits														120
Stock issued during period, additional shares, stock splits														42
Hermes Roll LLC [Member] | Series D Convertible Preferred Stock [Member] | Hermes Roll LLC (Territorial License Agreement) [Member]
Preferred stock, value															$ 1,000
Preferred stock, issued															100,000
Preferred stock, par value (in dollars per share)															$ 10
Conversion price (in dollars per share)															$ 0.01
Employees and Board Members [Member]
Stock issued for Services, Shares												9,500
Stock issued for Services, Value												$ 235,900
Altcorp [Member] | Series H Convertible Preferred Stock [Member]
Number of shares converted					20,000
Stock Issued for Acquisitions, Shares					625,000
Conversion price (in dollars per share)					$ 10
Debt conversion, converted instrument, Value					$ 10,000,000
Interest rate					6.00%
Maturity date					Dec. 31, 2021
Dividend per share					$ 500
Mobiquity [Member]
Stock issued in connection with equity interest, Shares													100,000
Stock issued in connection with equity interest, Value													$ 9,980,000
Common stock, authorized		250,000,000
Additional stock issued, Shares													100,000
Additional stock issued, Value													$ 390,000
Exercise price of warrants													20,000,000
Warrant exercise price		$ 0.12						$ 0.12
Bellridge [Member]
Debt conversion, converted instrument, Value													$ 275,000
Debt conversion, converted instrument, shares													3,245
Interest accrued													$ 17,075
Stock issued for financing cost, Shares													3,186
Stock issued for financing cost, Value													$ 213,451
Eagle Equities, LLC
Stock issued for financing cost, Shares													20,000
Stock issued for financing cost, Value													$ 670,000
Eagle Equities, LLC | Securities Purchase Agreement
Stock issued for Services, Shares			12,121								20,000
Stock issued for Services, Value			$ 2,000,000								$ 1,500,000
Closing price			$ 165								$ 72
Exercise Price											$ 200
Guardian LLC [Member] | Series G Convertible Preferred Stock [Member]
Number of shares converted											20,000
Number of restricted shares											2,000,000
RekoHoldingsLLC | Series D Convertible Preferred Stock [Member]
Number of shares converted										66,000
Number of restricted shares										660,000
Consultants
Stock issued for Services, Shares													2,500
Stock issued for Services, Value													$ 123,725
Stock Issued for Acquisitions, Shares													30,000
Stock Issued for Acquisitions, Value													$ 4,590,000
Consultants | Mobiquity [Member]
Stock issued for Services, Shares													20,000
Stock issued for Services, Value													$ 780,000
Employees and Board Members [Member] | Employment agreements
Stock issued for Services, Shares													18,000
Stock issued for Services, Value													$ 4,404,500
Warrants issued for services, Shares													22,500
Warrants issued for services, Value													$ 5,443,039
Consultants
Stock issued for Services, Shares													12,500
Stock issued for Services, Value													$ 2,715,000
Warrants issued for services, Shares													17,500
Warrants issued for services, Value													$ 3,661,791
Consultants one [Member]
Stock issued for Services, Shares													10,000
Stock issued for Services, Value													$ 998,000
Consultants
Stock issued for Services, Shares													937
Stock issued for Services, Value													$ 30,000
Investor [Member]
Number of shares converted							94,993
Stock issued for cash, Shares													12,727
Stock issued for cash, Value													$ 1,500,000
Number of warrants issued													135,000
Debt conversion, converted instrument, Value													$ 2,000,000
Debt conversion, converted instrument, shares													94,992
Interest accrued													$ 6,521
[1]	Series H Preferred stock, $0.00001 par value ($500.00 stated value); 40,000 shares authorized; 20,000 shares issued and outstanding at December 31, 2019
[2]	Series G Preferred stock, $0.00001 par value; 2,000,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2019 and 2018
[3]	Series B Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 45,000 and 45,000 shares issued and outstanding at December 31, 2019 and 2018
[4]	Series C Preferred stock, $0.00001 par value; 10,000 shares authorized; 700 and 700 shares issued and outstanding at December 31, 2019 and 2018
[5]	Series D Preferred stock, $0.00001 par value; 100,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2019 and 2018

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Deferred income tax asset
Net operation loss carryforwards	$ 7,424,074	$ 5,753,319
Book to tax differences in intangible assets		64,600
Total deferred income tax asset	7,424,074	5,817,920
Less: valuation allowance	(7,424,074)	(5,817,920)
Total deferred income tax asset

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Current
Federal
State
Current Income Tax Expense
Deferred
Federal
State
Income tax expense

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Federal statutory rates	$ (39,166,075)	$ (10,871,631)
State income taxes	(14,920,410)	(4,141,574)
Permanent differences	52,480,331	10,982,617
Valuation allowance against net deferred tax assets	1,606,154	4,030,587
Effective rate
Federal statutory rates (in percent)	75.70%	21.00%
State income taxes (in percent)	28.80%	8.00%
Permanent differences (in percent)	(101.40%)	(21.20%)
Valuation allowance against net deferred tax assets (in percent)	(3.10%)	(7.80%)
Effective rate (in percent)	0.00%	0.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Valuation allowance	$ 1,606,154	$ 3,414,266
Valuation allowance description	$4,030,588 was a result of the Company generating additional net operating losses offset by $616,322 as a result of the change in the corporate tax.
Net operating loss carryforward	$ (25,600,000)
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2024
Federal statutory rates (in percent)	75.70%	21.00%

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)	Jan. 02, 2019	Oct. 10, 2018	Apr. 06, 2018	Sep. 01, 2017	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Revenue for providng IT services					$ 180,000	$ 180,000
Impairment charge					48,631,534	7,132,286
Payment for legal services					$ 90,000	0
Guardian LLC [Member]
Related Party Transaction [Line Items]
Impairment charge						$ 11,750,000
RWJ Advanced Marketing, LLC
Related Party Transaction [Line Items]
Base Salary				$ 250,000
Director [Member]
Related Party Transaction [Line Items]
Base Salary			$ 250,000
Additional salary payable			$ 70,000
BitSpeed Agreement
Related Party Transaction [Line Items]
Common stock contributed		10,000,000
Value of common stock contributed		$ 17,900,000
Employment Agreement | Davis [Member]
Related Party Transaction [Line Items]
Base salary	$ 400,000
Stock option issued	50,000
Option vested description	The options will be earned and vested (i) with respect to 20,000 shares of common stock on the date hereof, (ii) 5,000 shares of common stock upon the successful dual list of the Company on an international exchange such as SIX Zurich Stock Exchange or Euronext, (iii) 15,000 shares of common stock upon the successful up listing to a national exchange such as the Nasdaq, NYSE Euronext, TSX, AMEX or other, and (iv) with respect to 5,000 shares of common stock at each of the six (6) month anniversaries (July 1, 2019 and January 1, 2020). The exercise price of such options shall be the closing price of the Company on the date prior to such event.

Contingencies (Details Narrativ

Contingencies (Details Narrative)	Oct. 12, 2018shares	May 04, 2018shares	Jun. 10, 2016$ / sharesshares	Jun. 10, 2016Number$ / sharesshares	Jan. 31, 2020USD ($)	Dec. 29, 2017shares	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)shares	Dec. 31, 2016shares	Dec. 03, 2018USD ($)shares	Feb. 09, 2017USD ($)
Revenues							$ 19,277,058	$ 14,507,869
Unearned revenue								$ 257,848
Cancelation of shares for settlement of legal matter | shares								500
Cancellation of warrants for settlement of legal matter | shares								938
GBT Technologies [Member]
Revenues								$ 300,000
Payment for expenses								5,000,000
Unearned revenue							$ 200,000	200,000
Securities Purchase Agreement
Stock issued during period, shares, new issues | shares		3,030				13,333
Securities Purchase Agreement | Investor
Arbitrator awarded					$ 4,034,444
Interest rate					7.25%
Interest					$ 55,613
Initial Term Agreement [Member]
Spare Write off								265,000
Impairment of assets								265,000
Consulting Agreement [Member] | Waterford Group LLC [Member]
Deposits											$ 42,875
Consulting Agreement [Member] | Waterford Group LLC [Member] | Warrant [Member]
Stock issued during period, shares, new issues | shares			7,500	938
Number of quarterly installments | Number				8
Exercise price (in dollars per share) | $ / shares			$ 225	$ 225
Warrant term			5 years
Consulting Agreement [Member] | Waterford Group LLC [Member] | Restricted Common Stock [Member]
Stock issued during period, issued for services (in shares) | shares			1,000						500
Cancelation of shares for settlement of legal matter | shares	500
Cancellation of warrants for settlement of legal matter | shares	938
Senior Secured Redeemable Convertible Debenture [Member] | Securities Purchase Agreement
Note payable, principal amount								$ 3,004,000		$ 8,340,000
Note payable, interest rate										2.00%
Warrants aquire | shares										225,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Mar. 06, 2020	Feb. 27, 2020	Feb. 18, 2020	Apr. 16, 2020	Dec. 31, 2019
Loan Agreements | Stanley [Member]
Note payable, principal amount					$ 1,000,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Power Up Lending Group Ltd.
Note payable, principal amount			$ 183,600
Note payable, interest rate			6.00%
Purchase price			$ 153,000
Maturity date			May 15, 2021
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Iliad [Member]
Note payable, principal amount		$ 2,765,983
Maturity date		Aug. 27, 2020
Subsequent Event [Member] | Loan Agreements | Stanley [Member]
Common stock issued				3,333,333
Subsequent Event [Member] | Tokenize Agreement | Greenwich [Member]
Note payable, principal amount	$ 10,000,000
Common stock contributed	100,000,000
Services in consideration	$ 33,333