GBT (GTCH) 10-Q 26 Jun 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	Jun. 19, 2020
Document And Entity Information
Entity Registrant Name	GBT Technologies Inc.
Entity Central Index Key	0001471781
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
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 Common Stock, Shares Outstanding		176,990,596
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)		Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash		$ 12,677	$ 59,634
Accounts receivable		80,999	89,123
Marketable equity security		816,667	1,000,000
Total current assets		910,343	1,148,757
Property and equipment, net		96,318	117,686
Convertible note receivable		4,000,000	4,000,000
Total assets		5,006,661	5,266,443
Current liabilities:
Accounts payable and accrued expenses (including related parties of $879,994 and $845,513)		3,071,390	2,965,682
Accrued settlement		4,090,057	4,090,057
Convertible notes payable, net of discount of $3,085,387 and $0		569,207	0
Note payable, net of discount of $0 and $47,671		2,600,000	5,923,590
Derivative liability		5,365,843	0
Total current liabilities		15,696,497	12,979,329
Convertible notes payable		11,000,000	11,000,000
Total liabilities		26,696,497	23,979,329
Contingencies		0	0
Stockholders' Equity (Deficit):
Common stock, $0.00001 par value; 100,000,000,000 shares authorized; 162,117,340 and 16,536,351 shares issued and outstanding at March 31, 2020 and December 31, 2019		5,765	4,310
Treasury stock, at cost; 1,040 shares at December 31, 2019 and 2018		(643,059)	(643,059)
Stock loan receivable		(7,610,147)	(7,610,147)
Additional Paid In Capital		249,221,896	242,192,461
Accumulated deficit		(262,664,291)	(252,656,451)
Total stockholders' equity (deficit)		(21,689,836)	(18,712,886)
Total liabilities and stockholders' equity (deficit)		5,006,661	5,266,443
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 March 31, 2020 and December 31, 2019
[2]	Series C Preferred stock, $0.00001 par value; 10,000 shares authorized; 700 and 700 shares issued and outstanding at March 31, 2020 and December 31, 2019
[3]	Series D Preferred stock, $0.00001 par value; 100,000 shares authorized; 0 and 0 shares issued and outstanding at March 31, 2020 and December 31, 2019
[4]	Series G Preferred stock, $0.00001 par value; 2,000,000 shares authorized; 0 and 0 shares issued and outstanding at March 31, 2020 and December 31, 2019
[5]	Series H Preferred stock, $0.00001 par value ($500.00 stated value); 40,000 shares authorized; 20,000 and 20,000 shares issued and outstanding at March 31, 2020 and December 31, 2019

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Accounts payable and accrued expenses related party	$ 879,994	$ 845,513
Discount	3,085,387	3,085,387
Note payable discount	$ 0	$ 47,671
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized	500,000,000	500,000,000
Common stock, issued	162,117,340	16,536,351
Common stock, outstanding	162,117,340	16,536,351
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	$ 0.00001
Preferred stock, authorized	40,000	40,000
Preferred stock, issued	20,000	20,000
Preferred stock, outstanding	20,000	20,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Sales:
Sales	$ 4,262,740	$ 4,547,005
Related party sales	45,000	45,000
Total sales	4,307,740	4,592,005
Cost of goods sold	4,044,813	4,327,416
Gross profit	262,927	264,589
Operating expenses:
General and administrative expenses	631,134	3,289,419
Marketing expenses	18,299	529,390
Impairment of assets	5,500,000
Total operating expenses	6,149,433	3,818,809
Loss from operations	(5,886,506)	(3,554,220)
Other income (expense):
Amortization of debt discount	(1,126,767)	(1,530,479)
Change in fair value of derivative liability	(1,449,932)	(3,245,410)
Interest expense and financing costs	(1,361,302)	(4,732,175)
Interest income		93,750
Unrealized gain (loss) on marketable equity security	(183,333)	5,200,000
Total other income (expense)	(4,121,334)	(4,214,314)
Loss before income taxes	(10,007,840)	(7,768,534)
Income tax expense
Loss from continuing operations	(10,007,840)	(7,768,534)
Discontinued operations:
Loss from operations of discontinued operations		(187,326)
Loss from discontinued operations, net		(187,326)
Net loss	$ (10,007,840)	$ (7,955,860)
Weighted average common shares outstanding:
Basic and diluted	44,194,272	2,030,637
Net loss per share (basic and diluted):
Continuing operations	$ (0.23)	$ (3.83)
Discontinued operations		(0.09)
Net loss per share basic and diluted	$ (0.23)	$ (3.92)

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - 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, 2018						$ 3,822	$ (643,059)		$ 81,306,958	$ (66,151,332)	$ 14,516,389
Balances at beginning (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						$ 3			134,697		134,700
Common stock issued for conversion of convertible debt and accrued interest						$ 52			982,202		982,254
Common stock issued for conversion of convertible debt and accrued interest (in shares)						3,000
Common stock issued for stock loan						$ 200		(7,610,147)	7,609,947
Common stock issued for stock loan (in shares)						200,267
Stock options issued for services									694,816		694,816
Stock options issued for services (in shares)
Fair value of beneficial conversion feature of debt repaid/converted									2,018,302		2,018,302
Relative fair value of warrants issued with convertible debt									1,634,760		1,634,760
Net loss										(8,105,860)	(7,955,860)
Balances at ending at Mar. 31, 2019						$ 4,077	$ (643,059)	(7,610,147)	94,381,682	(74,257,192)	11,875,361
Balances at ending (in shares) at Mar. 31, 2019	45,000	700				2,077,097	1,040
Balances at beginning at Dec. 31, 2019						$ 4,310	$ (643,059)	(7,610,147)	242,192,461	(252,656,451)	(18,712,886)
Balances at beginning (in shares) at Dec. 31, 2019	45,000	700			20,000	16,536,351	1,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued for conversion of convertible debt and accrued interest						$ 455			509,434		509,889
Common stock issued for conversion of convertible debt and accrued interest (in shares)						45,580,989
Common stock issued for joint venture						$ 1,000			5,499,000		5,500,000
Common stock issued for joint venture (in shares)						100,000,000
Fair value of beneficial conversion feature associated with convertible debt									1,021,001		1,021,001
Fair value of beneficial conversion feature of debt repaid/converted											1,021,001
Net loss										(10,007,840)	(10,007,840)
Balances at ending at Mar. 31, 2020						$ 5,765	$ (643,059)	$ (7,610,147)	$ 249,221,896	$ (262,664,291)	$ (21,689,836)
Balances at ending (in shares) at Mar. 31, 2020	45,000	700			20,000	162,117,340	1,040

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows From Operating Activities:
Net loss	$ (10,007,840)	$ (7,955,860)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment	23,118	27,399
Amortization of intangible assets	0	118,110
Amortization of debt discount	1,126,767	1,530,479
Change in fair value of derivative liability	1,449,932	3,245,410
Financing cost	803,029	4,356,699
Shares issued for services	0	134,700
Convertible note issued for penalty	242,712
Warrant issued for services	0	694,816
Impairment of assets	5,500,000
Unrealized (gain) loss on market equity security	183,333	(5,200,000)
Changes in operating assets and liabilities:
Accounts receivable	8,124	(462,848)
Prepaid expenses	0	(77,750)
Accounts payable and accrued expenses	303,979	(4,720)
Unearned revenue	0	(2,324)
Due to Guardian, LLC	0	(670,544)
Net cash used in operating activities	(366,846)	(4,266,433)
Cash Flows From Investing Activities:
Purchase of property and equipment	(1,750)	(4,097)
Cash paid for acquisition deposit	0	(1,200,000)
Net cash used in investing activities	(1,750)	(1,204,097)
Cash Flows From Financing Activities:
Issuance of convertible notes	153,000	3,000,000
Issuance of note payable	168,639	2,025,000
Payment on note payable	0	(99,256)
Net cash provided by financing activities	321,639	4,925,744
Net decrease in cash	(46,957)	(544,786)
Cash, beginning of period	59,634	1,863,510
Cash, end of period	12,677	1,318,724
Cash paid for interest	0	744
Cash paid for income taxes	0	0
Supplemental non-cash investing and financing activities
Debt discount	4,164,483	3,636,000
Transfer of derivative liability to equity	1,014,261	2,018,302
Convertible notes issued for notes payable and accrued interest	$ 3,738,171	$ 0

Organization and Basis of Prese

Organization and Basis of Presentation	3 Months Ended
	Mar. 31, 2020
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. The Company is targeting additional growing markets: 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. The unaudited condensed consolidated financial statements are prepared by the Company, pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”). The information furnished herein reflects all adjustments, consisting only of normal recurring adjustments, which in the opinion of management, are necessary to fairly state the Company’s financial position, the results of its operations, and cash flows for the periods presented. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America were omitted pursuant to such rules and regulations. The results of operations for the three months ended March 31, 2020 are not necessarily indicative of the results expected for the year ending December 31, 2020. Basis of Presentation The accompanying condensed 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 16 for a proposed 1 for 50 stock split awaiting appeal) Going Concern The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of $262,664,291 and has a working capital deficit of $14,786,154 as of March 31, 2020, 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 condensed 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	3 Months Ended
	Mar. 31, 2020
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 condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, UGopherServices Corp. the Company’s 50% owned subsidiaries GBT BitSpeed Corp. and GBT Tokenize Corp; 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 March 31, 2020 and December 31, 2019, 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 Marketable Equity Securities The Company accounts for marketable equity securities in accordance with ASC Topic 321, Investments – equity securities. 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 March 31, 2020, 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. 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 March 31, 2020 and December 31, 2019, 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 March 31, March 31, 2020 Description 2020 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 816,667 $ - $ 816,667 $ - Conversion feature on convertible notes $ 5,365,843 $ - $ 5,365,843 $ - Fair Value Fair Value Measurements at December 31, December 31, 2019 Description 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 $ - $ - $ - $ - 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 have not yet been returned to the Company as of March 31, 2020. 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. In addition, during 2018, the Company received $200,000 in connection with an intellectual property license and royalty agreement (see Note 14). 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 March 31, December 31, 2020 2019 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock - - Series H preferred stock 1,000,000 1,000,000 Warrants 19,650,167 19,654,167 Convertible notes 499,972,212 1,100,000 Total 520,622,417 21,754,205 Management’s Evaluation of Subsequent Events The Company evaluates events that have occurred after the balance sheet date of March 31, 2020, through the date which the consolidated financial statements are issued. Based upon the review, other than described in Note 16 – 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 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.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 3 – 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 (See Note 8). 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 three months ended March 31, 2020 and 2019 as discontinued operations and are summarized below: Three Months Ended 2020 2019 Revenue $ - $ 8,801,308 Cost of revenue - 8,645,869 Gross Profit - 155,439 Operating expenses - 342,762 Loss from operations - (187,323 ) Other income (expenses) - (3 ) Net loss $ - $ (187,326 ) As a result of this transaction, the Company recognized a gain on the disposition of discontinued operations of $1,381,803 during the third quarter of 2019.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Note 4 - Property and Equipment, Net Property and equipment consisted of the following as of March 31, 2020 and December 31, 2019: March 31, December 31, 2020 2019 Furniture $ 33,739 $ 33,739 Computers and equipment 23,316 23,316 POSA machines 289,645 287,895 346,700 344,950 Less accumulated depreciation (250,382 ) (227,264 ) Property and equipment, net $ 96,318 $ 117,686 Depreciation expense for the three months ended March 31, 2020 and 2019 was $23,118 and $27,399, respectively.

Investment in. Surge Holdings,

Investment in. Surge Holdings, Inc. and Mobiquity Technologies, Inc. ; Convertible Note Receivable	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Investment in. Surge Holdings, Inc. and Mobiquity Technologies, Inc. ; Convertible Note Receivable	Note 5 – Investment in. Surge Holdings, Inc. and Mobiquity Technologies, Inc. ; Convertible Note Receivable 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 8 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. Mobiquity Technologies, Inc (Divested in 2019). 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.

Equity Investment in GBT Techno

Equity Investment in GBT Technologies, S.A.	3 Months Ended
	Mar. 31, 2020
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 accounted for its investment in GBT-CR using the equity method of accounting; however, in 2020, the Company owned less than 20% of and exercised no control over GBT-CR; therefore this investment is currently accounted for under the cost method. Moreover, as on March 19, 2020, California Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread of COVID-19. California was therefore under strict quarantine control and travel has been severely restricted, resulting in disruptions to work, communications, and access to files (due to limited access to facilities). As such, the Company’s was unable to access or to contact GBT-CR on a on-going basis, and cannot get information about GBT-CR. At December 31, 2019, the Company evaluated the carrying amount of this equity investment and determined that this investment was fully impaired and as a result an impairment charge of $30,731,534 was taken.

Investment in Joint Venture

Investment in Joint Venture	3 Months Ended
	Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Investment in Joint Venture	Note 7 – Investment in Joint Venture 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. At March 31, 2020, the Company evaluated the carrying amount of this joint venture investment and determined that this investment was fully impaired and as a result an impairment charge of $5,500,000 was taken.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Mar. 31, 2020
Notes Payable [Abstract]
Convertible Notes Payable	Note 8 – Convertible Notes Payable Convertible notes payable at March 31, 2020 and December 31, 2019 consist of the following: March 31, December 31, 2020 2019 Convertible note payable to GBT Technologies $ 10,000,000 $ 10,000,000 Convertible note payable to Glen Eagle 1,000,000 1,000,000 Convertible note payable to Power Up 183,600 - Convertible note payable to Stanley Hills 869,011 - Convertible note payable to Iliad 2,601,983 - Total convertible notes payable 14,654,594 11,000,000 Unamortized debt discount (3,085,387 ) - Convertible notes payable 11,569,207 11,000,000 Less current portion (569,207 ) - Convertible notes, long-term portion $ 11,000,000 $ 11,000,000 $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 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%. Power Up Lending Group Ltd. 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. Stanley Hills LLC 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 in the amount of $1,214,900 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. On or about January 27, 2020 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 have been vested under Stanley’s name. Iliad Research and Trading, L.P. On February 27, 2019, the Company entered into a note purchase agreement with a third party investor - Iliad Research and Trading, L.P.(“Iliad”), 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. 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. Discounts on convertible notes The Company recognized interest expense of $1,079,096 and $1,504,178 during the three months ended March 31, 2020 and 2019, respectively, related to the amortization of the debt discount on convertible notes. The unamortized debt discount at March 31, 2020 was $3,085,387. A roll-forward of the convertible note from December 31, 2019 to March 31, 2020 is below: Convertible notes, December 31, 2019 $ 11,000,000 Issued for cash 153,000 Notes payable converted to convertible notes 3,980,883 Original issue discount 30,600 Conversion to common stock (509,889 ) Debt discount related to new convertible notes (4,164,483 ) Amortization of debt discounts 1,079,096 Convertible notes, March 31, 2020 $ 11,569,207

Note Payable

Note Payable	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Note Payable	Note 9 - Note Payable Notes payable at March 31, 2020 and 2019 consist of the following: March 31, December 31, 2020 2019 RWJ acquisition note $ 2,600,000 $ 2,600,000 Promissory note to Iliad - 2,325,000 Promissory note to Stanley Hills - 1,046,261 Total notes payable 2,600,000 5,971,261 Unamortized debt discount - (47,671 ) Notes payable $ 2,600,000 $ 5,923,590 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, was due on December 31, 2019 and is secured by the assets purchased in the acquisition. This note has not been repaid (See Note 14). Iliad 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. 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 which has been reclassified to convertible notes payable. Stanley Hills The Company issued promissory notes with Stanley Hills for funds received as working capital. The notes accrue interest at 10% per annum and were due on February 9, 2020. 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 in the amount of $1,214,900 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. Discounts on Promissory Note The Company recognized interest expense of $47,671 and $26,301 during the three months ended March 31, 2020 and 2019, respectively, related to the amortization of the debt discount on promissory notes. The unamortized debt discount at March 31, 2020 was $0. A roll-forward of the promissory notes from December 31, 2019 to March 31, 2020 is below: Notes payable, December 31, 2019 $ 5,923,590 Issued for cash 168,639 Accrued interest and penalties added to notes payable 440,983 Notes payable converted to convertible notes (3,980,883 ) Amortization of debt discounts 47,671 Notes payable, March 31, 2020 $ 2,600,000

Accrued Settlement

Accrued Settlement	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Accrued Settlement	Note 10 – 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 14). In connection with this settlement, the Company recognized a gain on the settlement of debt of $1,375,556 in 2019 as the difference between the carrying amount of the debt and the amount awarded by the arbitrator.

Derivative Liability

Derivative Liability	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Derivative Liability	Note 11 - 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 March 31, 2020: Stock price $ 0.011 Risk free rate 0.17 % Volatility 575 % Conversion/ Exercise price $ .008-.009 Dividend rate 0 % The following table represents the Company’s derivative liability activity for the three months ended March 31, 2020: Derivative liability balance, December 31, 2019 $ - Issuance of derivative liability during the period 4,936,912 Fair value of beneficial conversion feature of debt converted (1,021,001 ) Change in derivative liability during the period 1,449,932 Derivative liability balance, March 31, 2020 $ 5,365,843

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Note 12- Stockholders’ Equity Common Stock During the three months ended March 31, 2020, the Company had the following transactions in its common stock: ● issued an aggregate of 45,580,989 for the conversion of convertible notes of $509,889 ● issued 100,000,000 shares to GBT Tokenize for a joint venture agreement. The value of the common stock of $5,500,000 was determined based on the closing stock price of the Company’s common stock on the grant date. During the three months ended March 31, 2019, the Company had the following transactions in its common stock: ● issued an aggregate of 3,000 shares to employees and board members as part of their compensation agreements with the Company. The value of the common stock of $134,700 was determined based on the closing stock price of the Company’s common stock on the grant date; ● issued 51,587 shares to an investor for the conversion of $930,000 in convertible notes and $52,254 in accrued interest; and ● 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. 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 March 31, 2020 and December 31, 2019, 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 March 31, 2020 and December 31, 2019, 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 March 31, 2020 and December 31, 2019, there were 700 Series C Preferred Shares outstanding. Series D Preferred Shares As of March 31, 2020 and December 31, 2019, there are 0 and 0 shares of Series D Preferred Shares outstanding, respectively. Series G Preferred Shares As of March 31, 2020 and December 31, 2019, 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 March 31, 2020 and 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, 2019 19,654,167 $ 1.57 2.76 $ 1,111,600 Granted 0 Forfeited (4,000 ) Exercised 0 Outstanding, March 31, 2020 19,650,167 $ 1.57 2.51 $ - Exercisable, March 31, 2020 19,650,167 $ 1.57 2.51 $ - The exercise price for warrants outstanding and exercisable at March 31, 2020: 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 1,000 280.00 1,000 280.00 19,650,167 19,650,167

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Parties	Note 13 - 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 three months ended March 31, 2020 and 2019, the Company paid a law firm owned by the Company’s chairman $0 and $90,000, 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 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. The Company is in litigation in connection with RWJ transaction – See Note 14 - 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 16) 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	3 Months Ended
	Mar. 31, 2020
Loss Contingency [Abstract]
Contingencies	Note 14 - 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 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. 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. 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. 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.

Concentrations

Concentrations	3 Months Ended
	Mar. 31, 2020
Risks and Uncertainties [Abstract]
Concentrations	Note 15 – 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 March 31, 2020.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 16 - Subsequent Events Management has evaluated events that occurred subsequent to the end of the reporting period shown herein: Subsequent to March 31, 2020, the Company issued 14,873,256 shares of common stock for the conversion of $115,000 of convertible notes payable. 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. 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 retroactively restated to reflect this reverse stock split. On June 8, 2020 FINRA advised the Company that such request is deficient due to the fact that a holder of an outstanding convertible note of the Company had entered into two settlements with the Securities and Exchange Commission that related to securities laws violations but were in no way related to the Company. As a result, FINRA advised that it is necessary for the protection of investors, the public interest, and to maintain fair and orderly markets that documentation related to the Reverse Stock Split not be processed. The Company appealed the decision made by FINRA on June 15, 2020. 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. On June 17, 2020 the Company was approved for a long term loan of $150,000 by SBA - Economic Injury Disaster Loan. The loan was funded on June 22, 2020. Installment payments, including monthly principal and interest of $731.00, will begin Twelve (12) months from the date of the promissory Note. The balance of principal and interest will be payable Thirty (30) years from the date of the promissory Note. Interest will accrue at the rate of 3.75% per annum. On September 27, 2019, Surge Holdings, Inc. (“SURG”) issued a Convertible Promissory Note issued by SURG in the principal amount of $4,000,000 (the “SURG Note”), which was assigned to AltCorp Trading LLC., a subsidiary of the Company (“AltCorp”). On June 23, 2020, AltCorp and SURG entered into an Exchange Agreement whereby AltCorp exchanged $2,750,000 of the SURG Note for 5,500,000 shares of SURG’s common stock. On June 23, 2020, SURG, AltCorp and Glen Eagles Acquisition LP (“Glen”) entered into an Exchange and Assignment Agreement pursuant to which $1,250,000 of the SURG Note was converted into 2,500,000 shares of common stock of SURG and assigned to Glen. On or about June 23, 2020 Stanley which holds a pledge of 3,333,333 shares of SURG common stock (See Note 8) via its manager/member (“Stanley’s Member”) entered into an agreement with SURG, its transfer agent and an escrow officer for which Stanley’s Member agreed that 3,333,333 SURG shares will be cancelled for consideration of up to $700,000. The amount of $500,000 was paid on June 23, 2020 into a lawyer’s trust account, and 2,380,952 of SURG shares have been sent for cancelation. The remaining shares may be sent to cancelation upon receiving the remaining $200,000.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
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 condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, UGopherServices Corp. the Company’s 50% owned subsidiaries GBT BitSpeed Corp. and GBT Tokenize Corp; 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 March 31, 2020 and December 31, 2019, 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
Marketable Equity Securities	Marketable Equity Securities The Company accounts for marketable equity securities in accordance with ASC Topic 321, Investments – equity securities.
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 March 31, 2020, 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.
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 March 31, 2020 and December 31, 2019, 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 March 31, March 31, 2020 Description 2020 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 816,667 $ - $ 816,667 $ - Conversion feature on convertible notes $ 5,365,843 $ - $ 5,365,843 $ - Fair Value Fair Value Measurements at December 31, December 31, 2019 Description 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 $ - $ - $ - $ -
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 have not yet been returned to the Company as of March 31, 2020.
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. In addition, during 2018, the Company received $200,000 in connection with an intellectual property license and royalty agreement (see Note 14). 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 March 31, December 31, 2020 2019 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock - - Series H preferred stock 1,000,000 1,000,000 Warrants 19,650,167 19,654,167 Convertible notes 499,972,212 1,100,000 Total 520,622,417 21,754,205
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 March 31, 2020, through the date which the consolidated financial statements are issued. Based upon the review, other than described in Note 16 – 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 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)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 and December 31, 2019, 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 March 31, March 31, 2020 Description 2020 Using Fair Value Hierarchy Level 1 Level 2 Level 3 Marketable equity security - Surge Holdings, Inc. $ 816,667 $ - $ 816,667 $ - Conversion feature on convertible notes $ 5,365,843 $ - $ 5,365,843 $ - Fair Value Fair Value Measurements at December 31, December 31, 2019 Description 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 $ - $ - $ - $ -
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. March 31, December 31, 2020 2019 Series B preferred stock 30 30 Series C preferred stock 8 8 Series G preferred stock - - Series H preferred stock 1,000,000 1,000,000 Warrants 19,650,167 19,654,167 Convertible notes 499,972,212 1,100,000 Total 520,622,417 21,754,205

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2020
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 three months ended March 31, 2020 and 2019 as discontinued operations and are summarized below: Three Months Ended 2020 2019 Revenue $ - $ 8,801,308 Cost of revenue - 8,645,869 Gross Profit - 155,439 Operating expenses - 342,762 Loss from operations - (187,323 ) Other income (expenses) - (3 ) Net loss $ - $ (187,326 )

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment consisted of the following as of March 31, 2020 and December 31, 2019: March 31, December 31, 2020 2019 Furniture $ 33,739 $ 33,739 Computers and equipment 23,316 23,316 POSA machines 289,645 287,895 346,700 344,950 Less accumulated depreciation (250,382 ) (227,264 ) Property and equipment, net $ 96,318 $ 117,686

Convertible Notes Payable (Tabl

Convertible Notes Payable (Table)	3 Months Ended
	Mar. 31, 2020
Notes Payable [Abstract]
Summary of Convertible notes payable	Convertible notes payable at March 31, 2020 and December 31, 2019 consist of the following: March 31, December 31, 2020 2019 Convertible note payable to GBT Technologies $ 10,000,000 $ 10,000,000 Convertible note payable to Glen Eagle 1,000,000 1,000,000 Convertible note payable to Power Up 183,600 - Convertible note payable to Stanley Hills 869,011 - Convertible note payable to Iliad 2,601,983 - Total convertible notes payable 14,654,594 11,000,000 Unamortized debt discount (3,085,387 ) - Convertible notes payable 11,569,207 11,000,000 Less current portion (569,207 ) - Convertible notes, long-term portion $ 11,000,000 $ 11,000,000
Rollfoward of convertible note	A roll-forward of the convertible note from December 31, 2019 to March 31, 2020 is below: Convertible notes, December 31, 2019 $ 11,000,000 Issued for cash 153,000 Notes payable converted to convertible notes 3,980,883 Original issue discount 30,600 Conversion to common stock (509,889 ) Debt discount related to new convertible notes (4,164,483 ) Amortization of debt discounts 1,079,096 Convertible notes, March 31, 2020 $ 11,569,207

Note Payable (Tables)

Note Payable (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Notes payable	Notes payable at March 31, 2020 and 2019 consist of the following: March 31, December 31, 2020 2019 RWJ acquisition note $ 2,600,000 $ 2,600,000 Promissory note to Iliad - 2,325,000 Promissory note to Stanley Hills - 1,046,261 Total notes payable 2,600,000 5,971,261 Unamortized debt discount - (47,671 ) Notes payable $ 2,600,000 $ 5,923,590
Rollfoward of note payable	A roll-forward of the promissory notes from December 31, 2019 to March 31, 2020 is below: Notes payable, December 31, 2019 $ 5,923,590 Issued for cash 168,639 Accrued interest and penalties added to notes payable 440,983 Notes payable converted to convertible notes (3,980,883 ) Amortization of debt discounts 47,671 Notes payable, March 31, 2020 $ 2,600,000

Derivative Liability (Tables)

Derivative Liability (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020: Stock price $ 0.011 Risk free rate 0.17 % Volatility 575 % Conversion/ Exercise price $ .008-.009 Dividend rate 0 %
Schedule of Derivative Liabilities at Fair Value	The following table represents the Company’s derivative liability activity for the three months ended March 31, 2020: Derivative liability balance, December 31, 2019 $ - Issuance of derivative liability during the period 4,936,912 Fair value of beneficial conversion feature of debt converted (1,021,001 ) Change in derivative liability during the period 1,449,932 Derivative liability balance, March 31, 2020 $ 5,365,843

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2020
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, 2019 19,654,167 $ 1.57 2.76 $ 1,111,600 Granted 0 Forfeited (4,000 ) Exercised 0 Outstanding, March 31, 2020 19,650,167 $ 1.57 2.51 $ - Exercisable, March 31, 2020 19,650,167 $ 1.57 2.51 $ -
Summary of exercise price for warrant outstanding	The exercise price for warrants outstanding and exercisable at March 31, 2020: 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 1,000 280.00 1,000 280.00 19,650,167 19,650,167

Organization and Nature of Busi

Organization and Nature of Business (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reverse stock split	1 for 100
Accumulated deficit	$ (262,664,291)	$ (252,656,451)
Working capital deficit	$ (14,786,154)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2020
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) - Surge Holdings [Member] - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Marketable equity security	$ 816,667	$ 1,000,000
Conversion feature on convertible notes	5,365,843
Fair Value, Inputs, Level 1 [Member]
Marketable equity security
Conversion feature on convertible notes
Fair Value, Inputs, Level 2 [Member]
Marketable equity security	816,667	1,000,000
Conversion feature on convertible notes	5,365,843
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	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Convertible note	499,972,212	1,100,000
Number of potentially dilutive securities	520,622,417	21,754,205
Warrant [Member]
Number of potentially dilutive securities	19,650,167	19,654,167
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	1,000,000

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Jan. 08, 2019	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Accounting Policies [Abstract]
Allowance for doubtful accounts		$ 0		$ 0
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
Uncertain tax positions		0		$ 0
Cash received in connection with intellectual property license and royalty agreement		$ 200,000	$ 200,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue	$ 4,307,740	$ 4,592,005
Cost of revenue	4,044,813	4,327,416
Gross Profit	262,927	264,589
Operating expenses	6,149,433	3,818,809
Loss from operations	(5,886,506)	(3,554,220)
Other income (expenses)	(4,121,334)	(4,214,314)
Net loss	(10,007,840)	(7,955,860)
Discontinued Operations [Member]
Revenue	0	8,801,308
Cost of revenue	0	8,645,869
Gross Profit	0	155,439
Operating expenses	0	342,762
Loss from operations	0	(187,323)
Other income (expenses)	0	(3)
Net loss	$ 0	$ (187,326)

Discontinued Operations (Deta_2

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 ($)	Mar. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 346,700	$ 344,950
Less accumulated depreciation	(250,382)	(227,264)
Property and equipment, net	96,318	117,686
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	$ 289,645	$ 287,895

Property and Equipment, Net (_2

Property and Equipment, Net (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 23,118	$ 27,399

Investment in Mobiquity Technol

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	Mar. 31, 2020
Common stock shares authorised					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
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_2

Equity Investment in GBT Technologies, S.A. (Details Narrative) - USD ($)	Feb. 06, 2019	Jun. 17, 2019	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt conversion, converted instrument, Value			$ 509,889
Impairment charge			$ 5,500,000
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) - USD ($)	Mar. 06, 2020	Mar. 31, 2020	Mar. 31, 2019
Impairment charge		$ 5,500,000
Tokenize Agreement | Greenwich [Member]
Common stock contributed	100,000,000
Services in consideration	$ 33,333
Impairment charge		$ 5,500,000

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Total convertible notes payable	$ 14,654,594	$ 11,000,000
Unamortized debt discount	(3,085,387)	0
Convertible note payable	11,569,207	11,000,000
Convertible notes payable	(569,207)	0
Convertible notes, long-term portion	11,000,000	11,000,000
Glen Eagle [Member]
Total convertible notes payable	10,000,000	10,000,000
GBT Technologies, S.A. [Member]
Total convertible notes payable	1,000,000	1,000,000
Power Up [Member]
Total convertible notes payable	183,600
Stanley Hills [Member]
Total convertible notes payable	869,011
Iliad [Member]
Total convertible notes payable	$ 2,601,983

Convertible Notes Payable (De_2

Convertible Notes Payable (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Convertible notes at beginning	$ 11,000,000
Amortization of debt discounts	1,126,767	$ 1,530,479
Convertible notes, at end	11,569,207
Convertible Notes Payable
Convertible notes at beginning	11,000,000
Issued for cash	153,000
Notes payable converted to convertible notes	3,980,883
Original issue discount	30,600
Conversion to common stock	(509,889)
Debt discount related to new convertible notes	(4,164,483)
Amortization of debt discounts	1,079,096	$ 1,504,178
Convertible notes, at end	$ 11,569,207

Convertible Notes Payable (De_3

Convertible Notes Payable (Detail Narrative) - USD ($)	1 Months Ended				3 Months Ended
	Feb. 27, 2020	Feb. 18, 2020	Jun. 17, 2019	Feb. 27, 2019	Mar. 31, 2020	Mar. 31, 2019	Apr. 16, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Value of share converted					$ 509,889
Amortization of debt discount					1,126,767	$ 1,530,479
Unamortized debt discount					0			$ 47,671
Convertible Notes Payable
Debt Instrument [Line Items]
Original issue discount					30,600
Amortization of debt discount					1,079,096	$ 1,504,178
Unamortized debt discount					$ 3,085,387
Promissory Note [Member]
Debt Instrument [Line Items]
Note payable, principal amount				$ 2,325,000
Original issue discount				300,000
Consideration				2,025,000
Paid for legal fees				25,000
Securities Purchase Agreement | Convertible Notes Payable
Debt Instrument [Line Items]
Note payable, principal amount		$ 183,600
Note payable, interest rate		6.00%
Note maturity date		May 15, 2021
Purchase price		$ 153,000
Altcorp [Member] | Series H Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Conversion price (in dollars per share)			$ 10
Note maturity date			Dec. 31, 2021
Value of share converted			$ 10,000,000
Number of shares converted			20,000
Stanley [Member]
Debt Instrument [Line Items]
Note payable, principal amount				$ 1,214,900
Note maturity date				Feb. 9, 2020
Stanley [Member] | Loan Agreements
Debt Instrument [Line Items]
Common stock issued							3,333,333
Iliad [Member] | Securities Purchase Agreement
Debt Instrument [Line Items]
Note payable, principal amount	$ 2,765,983
Note maturity date	Aug. 27, 2020

Note Payable (Details)

Note Payable (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Total notes payable	$ 2,600,000	$ 5,971,261
Unamortized debt discount	0	(47,671)
Notes payable	2,600,000	5,923,590
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

Note Payable (Details 1)

Note Payable (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Notes Payable at beginning	$ 5,923,590
Amortization of debt discounts	1,126,767	$ 1,530,479
Notes Payable, at end	2,600,000
Notes Payable [Member]
Notes Payable at beginning	5,923,590
Issued for cash	168,639
Accrued interest and penalties added to notes payable	440,983
Notes payable converted to convertible notes	(3,980,883)
Amortization of debt discounts	47,671
Notes Payable, at end	$ 2,600,000

Note Payable (Details Narrative

Note Payable (Details Narrative) - USD ($)	1 Months Ended			3 Months Ended
	Feb. 27, 2020	Feb. 27, 2019	Sep. 30, 2017	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2017
Interest expense				$ 1,361,302	$ 4,732,175
Unamortized debt discount				3,085,387		$ 3,085,387
Stanley [Member]
Interest rate		10.00%
Interst payable date		Feb. 9, 2020
Note payable, principal amount		$ 1,214,900
Securities Purchase Agreement | Iliad [Member]
Interst payable date	Aug. 27, 2020
Note payable, principal amount	$ 2,765,983
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				47,671	$ 26,301
Unamortized debt discount				$ 0
RWJ Advanced Marketing, LLC
Interest rate							3.50%
Interst payable date			Dec. 31, 2019

Accrued Settlement (Details Nar

Accrued Settlement (Details Narrative) - Securities Purchase Agreement - Investor - USD ($)	1 Months Ended
	Dec. 23, 2019	Jan. 31, 2019
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	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Stock price	$ 0.011
Risk free rate	0.17%
Volatility	575.00%
Dividend rate	0.00%
Minimum [Member]
Conversion/ Exercise price		$ .008
Maximum [Member]
Conversion/ Exercise price		$ .009

Derivative Liability (Details 1

Derivative Liability (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Notes to Financial Statements
Derivative liability balance, Beginning	$ 0
Issuance of derivative liability	4,936,912
Fair value of beneficial conversion feature of debt repaid/converted	(1,021,001)	$ (2,018,302)
Change in derivative liability during the period	1,449,932	$ 3,245,410
Derivative liability balance, end	$ 5,365,843

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
Warrants Outstanding, Beginning	19,654,167
Warrants Granted	0
Warrants Forfeited	(4,000)
Warrants Exercised	0
Warrants Outstanding, End	19,650,167	19,654,167
Warrants Exercisable, End	19,650,167
Weighted Average Exercise Price Warrants Outstanding, Beginning	$ 1.57
Weighted Average Exercise Price Warrants Outstanding, End	1.57
Weighted Average Exercise Price Warrants Exercisable at End	$ 1.57
Weighted Average Remaining Contractual Life, Outstanding	2 years 6 months 3 days	2 years 9 months 3 days
Weighted Average Remaining Contractual Life Exercisable at End	2 years 6 months 3 days
Aggregate Intrinsic Value Outstanding, Beginning	$ 1,111,600
Aggregate Intrinsic Value Outstanding, End	0	$ 1,111,600
Aggregate Intrinsic Value Outstanding, Exercisable at End	$ 0

Stockholders' Equity (Details 1

Stockholders' Equity (Details 1) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Number of warrants Outstanding	19,650,167	19,654,167
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	1,000
Exercise price of warrants Outstanding	$ 280
Number of warrants Exercisable	1,000
Exercise price of warrants Exercisable	$ 280

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended		12 Months Ended
		Jun. 17, 2019	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2014	Dec. 31, 2019	Nov. 02, 2011
Stock issued for Services, Value				$ 134,700
Debt conversion, converted instrument, Value			$ 509,889
Debt conversion, converted instrument, shares			45,580,989
Shares issued for joint venture, shares			100,000,000
Shares issued for joint venture, value			$ 5,500,000
Investor
Number of shares converted				5,158,650
Investor | Principal [Member]
Debt conversion, converted instrument, Value				$ 930,000
Investor | Accrued Interest [Member]
Debt conversion, converted instrument, Value				$ 52,254
Series H Convertible Preferred Stock [Member]
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]
Preferred stock, value	[2]
Preferred stock, issued			0			0
Preferred stock, Outstanding			0			0
Preferred stock, par value (in dollars per share)			$ 0.00001			$ 0.00001
Series D Convertible Preferred Stock [Member]
Preferred stock, value	[3]
Preferred stock, issued			0			0
Preferred stock, Outstanding			0			0
Preferred stock, par value (in dollars per share)			$ 0.00001			$ 0.00001
Series C Convertible Preferred Stock [Member]
Preferred stock, value	[4]
Preferred stock, issued			700			700
Preferred stock, Outstanding			700			700
Preferred stock, par value (in dollars per share)			$ 0.00001			$ 0.00001
Series B Convertible Preferred Stock [Member]
Preferred stock, value	[5]
Preferred stock, issued			45,000			45,000
Preferred stock, Outstanding			45,000			45,000
Preferred stock, par value (in dollars per share)			$ 0.00001			$ 0.00001
Conversion price (in dollars per share)							$ 30
Gv Global Communications Inc [Member] | Series C Convertible Preferred Stock [Member]
Preferred stock, Outstanding			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
Latinex
Common stock issued for stock loan (in shares)				20,026,702
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
Employees and Board Members [Member]
Stock issued for Services, Shares				300,000
Stock issued for Services, Value				$ 134,700
[1]	Series H Preferred stock, $0.00001 par value ($500.00 stated value); 40,000 shares authorized; 20,000 and 20,000 shares issued and outstanding at March 31, 2020 and 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 March 31, 2020 and December 31, 2019
[3]	Series D Preferred stock, $0.00001 par value; 100,000 shares authorized; 0 and 0 shares issued and outstanding at March 31, 2020 and December 31, 2019
[4]	Series C Preferred stock, $0.00001 par value; 10,000 shares authorized; 700 and 700 shares issued and outstanding at March 31, 2020 and December 31, 2019
[5]	Series B Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 45,000 and 45,000 shares issued and outstanding at March 31, 2020 and December 31, 2019

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)	Jan. 02, 2019	Oct. 10, 2018	Apr. 06, 2018	Sep. 01, 2017	Mar. 31, 2020	Mar. 31, 2019
Related Party Transaction [Line Items]
Impairment charge					$ 5,500,000
Payment for legal services					$ 0	$ 90,000
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		100,000,000
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) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 03, 2018
Revenues		$ 4,307,740	$ 4,592,005
GBT Technologies [Member]
Revenues			300,000
Payment for expenses			5,000,000
Unearned revenue		$ 200,000		$ 200,000
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
Senior Secured Redeemable Convertible Debenture [Member] | Securities Purchase Agreement
Note payable, principal amount					$ 8,340,000
Note payable, interest rate					2.00%
Warrants aquire					225,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Apr. 13, 2020	Jun. 23, 2020	Jun. 17, 2020	Sep. 27, 2019	Jun. 25, 2020	Mar. 31, 2020
Debt conversion, converted instrument, Value						$ 509,889
Debt conversion, converted instrument, shares						45,580,989
Reverse stock split						1 for 100
Surge Holdings [Member]
Convertible debt decription				Surge Holdings, Inc. (“SURG”) issued a Convertible Promissory Note issued by SURG in the principal amount of $4,000,000 (the “SURG Note”), which was assigned to AltCorp Trading LLC., a subsidiary of the Company (“AltCorp”). On June 23, 2020, AltCorp and SURG entered into an Exchange Agreement whereby AltCorp exchanged $2,750,000 of the SURG Note for 5,500,000 shares of SURG’s common stock. On June 23, 2020, SURG, AltCorp and Glen Eagles Acquisition LP (“Glen”) entered into an Exchange and Assignment Agreement pursuant to which $1,250,000 of the SURG Note was converted into 2,500,000 shares of common stock of SURG and assigned to Glen.
Subsequent Event [Member]
Debt conversion, converted instrument, Value					$ 115,000
Debt conversion, converted instrument, shares					14,873,256
Reverse stock split	Every 50 shares of Common Stock of the Company shall be reverse split, reconstituted and converted into one
Proceeds from loan			$ 150,000
Periodic payment			$ 731
Term			30 years
Interest rate			3.75%
Subsequent Event [Member] | Stanley [Member]
Number of common shares cancelled		2,380,952
Lawer fee		$ 500,000
Shares cancelation description		The remaining shares may be sent to cancelation upon receiving the remaining $200,000.