Hometown International (HWIN) 10-Q 5 Nov 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 05, 2020
Document Information Line Items
Entity Registrant Name	HOMETOWN INTERNATIONAL, INC.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		7,797,004
Amendment Flag	false
Entity Central Index Key	0001632081
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
Entity File Number	333-207488
Entity Incorporation, State or Country Code	NV
Entity Interactive Data Current	Yes

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Cash	$ 1,747,651	$ 5,382
Inventory	1,153	1,044
Total Current Assets	1,748,804	6,426
Leasehold improvements and equipment, net	610	6,038
Operating lease asset, net	4,318	8,324
Total Assets	1,753,732	20,788
Current Liabilities
Accounts payable and accrued expenses	14,754	68,981
Operating lease liability, current	4,318	5,411
Due to Officers - related parties	61,107	53,017
Note payable - related party		362,104
Total Current Liabilities	80,179	489,513
Long Term Liabilities
Operating lease liability, net of current		2,913
Total Liabilities	80,179	492,426
Commitments and Contingencies (See Note 6)
Stockholders’ Equity (Deficit)
Common stock, $0.0001 par value; 250,000,000 shares authorized, 7,797,004 and 5,235,340 issued and outstanding, respectively	783	523
Treasury stock, 38,336 and 0 shares at September 30, 2020 and December 31, 2019, respectively	(38,336)
Additional paid-in capital	2,957,641	334,759
Accumulated deficit	(1,246,535)	(806,920)
Total Stockholders’ Equity (Deficit)	1,673,553	(471,638)
Total Liabilities and Stockholders’ Equity (Deficit)	$ 1,753,732	$ 20,788

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	7,797,004	5,235,340
Common stock, shares outstanding	7,797,004	5,235,340
Treasury stock, shares	38,336	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Sales	$ 1,894	$ 5,225	$ 5,471	$ 14,038
Costs and Expenses
Food, beverage and supplies	1,039	3,196	3,903	11,616
Direct operating and occupancy	1,485	2,329	5,720	7,223
Depreciation	1,805	1,844	5,428	5,471
Consulting - related parties	120,000		200,000
Professional fees	18,158	9,160	146,233	41,370
General and administrative	37,385	13,143	75,971	52,113
Total cost and expenses	179,872	29,672	437,255	117,793
Loss from Operations	(177,978)	(24,447)	(431,784)	(103,755)
Other Income (Expenses)
Other Income	1,000		1,000
Interest Income	69		260
Interest Expense		(6,533)	(9,091)	(19,520)
Total Other Income (Expenses)	1,069	(6,533)	(7,831)	(19,520)
LOSS FROM OPERATIONS BEFORE INCOME TAXES	(176,909)	(30,980)	(439,615)	(123,275)
Provision for Income Taxes
NET LOSS	$ (176,909)	$ (30,980)	$ (439,615)	$ (123,275)
Net Loss Per Share - Basic and Diluted (in Dollars per share)	$ (0.02)	$ (0.01)	$ (0.06)	$ (0.02)
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	7,797,004	5,235,340	6,841,567	5,235,340

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Stockholders’ Deficit - USD ($)	Common stock	Treasury Shares	Additional paid-in capital	Accumulated Deficit	Total
Balance, at Dec. 31, 2018	$ 523		$ 303,903	$ (657,579)	$ (353,153)
Balance, (in Shares) at Dec. 31, 2018	5,235,340
In kind contribution of services			23,142		23,142
Net loss				(123,275)	(123,275)
Balance at Sep. 30, 2019	$ 523		327,045	(780,854)	(453,286)
Balance (in Shares) at Sep. 30, 2019	5,235,340
Balance, at Jun. 30, 2019	$ 523		319,331	(749,874)	(430,020)
Balance, (in Shares) at Jun. 30, 2019	5,235,340
In kind contribution of services			7,714		7,714
Net loss				(30,980)	(30,980)
Balance at Sep. 30, 2019	$ 523		327,045	(780,854)	(453,286)
Balance (in Shares) at Sep. 30, 2019	5,235,340
Balance, at Dec. 31, 2019	$ 523		334,759	(806,920)	(471,638)
Balance, (in Shares) at Dec. 31, 2019	5,235,340
Conversion of note payable - related party to common shares ($1.00/share)	$ 10		99,990		100,000
Conversion of note payable - related party to common shares ($1.00/share) (in Shares)	100,000
Repurchase of common shares ($1.00/share)					(38,336)
Repurchase of common shares ($1.00/share) (in Shares)	(38,336)	(38,336)
Common stock issued for cash ($1.00/share)	$ 250		2,499,750		2,500,000
Common stock issued for cash ($1.00/share) (in Shares)	2,500,000
In kind contribution of services			23,142		23,142
Net loss				(439,615)	(439,615)
Balance at Sep. 30, 2020	$ 783		2,957,641	(1,246,535)	1,673,553
Balance (in Shares) at Sep. 30, 2020	7,797,004	(38,336)
Balance, at Jun. 30, 2020	$ 783		2,949,927	(1,069,626)	1,842,748
Balance, (in Shares) at Jun. 30, 2020	7,797,004	(38,336)
In kind contribution of services			7,714		7,714
Net loss				(176,909)	(176,909)
Balance at Sep. 30, 2020	$ 783		$ 2,957,641	$ (1,246,535)	$ 1,673,553
Balance (in Shares) at Sep. 30, 2020	7,797,004	(38,336)

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders’ Deficit (Parentheticals)	9 Months Ended
	Sep. 30, 2020$ / shares
Statement of Stockholders' Equity [Abstract]
Conversion of note payable - related party to common shares, per share	$ 1
Repurchase of common shares, per share	1
Common stock issued for cash, per share	$ 1

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash Flows From Operating Activities:
Net Loss	$ (439,615)	$ (123,275)
Adjustments to reconcile net loss to net cash used in operations
In-kind contribution of services	23,142	23,142
Depreciation expense	5,428	5,471
Amortization of operating lease assets	4,006	831
Changes in operating assets and liabilities:
(Increase) Decrease in inventory	(109)	2
Increase (Decrease) in accounts payable and accrued expenses	(54,227)	17,133
Decrease in operating lease liability	(4,006)	(831)
Net Cash Used In Operating Activities	(465,381)	(77,527)
Net Cash Used In Investing Activities
Cash Flows From Financing Activities:
Proceeds from common stock issuance for cash	2,500,000
Proceeds from/due to officers	8,090	16,191
Repayment of note payable - related party	(332,104)
Proceeds from note payable - related party	70,000	62,100
Purchase of treasury stock	(38,336)
Net Cash Provided by Financing Activities	2,207,650	78,291
Net Increase in Cash	1,742,269	764
Cash at Beginning of Period	5,382	609
Cash at End of Period	1,747,651	1,373
Supplemental disclosure of cash flow information:
Cash paid for interest	9,091
Cash paid for taxes
Supplemental disclosure of non-cash investing and financing activities:
Operating lease asset obtained for operating lease liability		10,426
Note payable - related party, converted into 100,000 shares of common stock	$ 100,000

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals)	9 Months Ended
	Sep. 30, 2020shares
Statement of Cash Flows [Abstract]
Converted into shares of common stock	100,000

Summary of Significant Accounti

Summary of Significant Accounting Policies and Organization	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION	NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (A) Organization and Basis of Presentation The accompanying condensed consolidated unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on March 30, 2020. It is management’s opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year. Hometown International, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on May 19, 2014. The Company is the originator of a new “Delicatessen” concept (“Your Hometown Deli”). The Company intends that its delicatessens will feature “home-style” sandwiches and other entrees in a casual friendly atmosphere. Hometown Delis are designed to be comfortable community gathering places for guests of all ages. On January 18, 2014, Your Hometown Deli, LLC. was formed under the laws of the State of New Jersey. On May 29, 2014, Your Hometown Deli, LLC, entered into a Membership Interest Purchase Agreement with Hometown International, Inc. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of Hometown International, Inc. with Your Hometown Deli, LLC, as the accounting acquirer). The historical financial statements of the accounting acquirer became the financial statements of the registrant. The Company did not recognize goodwill or any intangible assets in connection with the transaction. The 5,000,000 shares issued to the shareholder of Your Hometown Deli, LLC, in conjunction with the share exchange transaction has been presented as outstanding for all periods. The Company’s accounting year end is December 31, which is the year end of Your Hometown Deli, LLC. (B) Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Hometown International, Inc. and its wholly owned subsidiary, Your Hometown Deli, LLC. All intercompany accounts have been eliminated upon consolidation. (C) Use of Estimates In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of service and valuation of deferred tax assets. Actual results could differ from those estimates. (D) Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of 90 days or less to be cash equivalents. At September 30, 2020 and December 31, 2019, the Company had no cash equivalents. (E) Loss Per Share Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, “Earnings Per Share.” Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period”. For September 30, 2020 and September 30, 2019, warrants were not included in the computation of income/ (loss) per share because their inclusion is anti-dilutive. The computation of basic and diluted loss per share for September 30, 2020 and September 30, 2019 excludes the common stock equivalents of the following potentially dilutive securities because their inclusion would be anti-dilutive: September 30, September 30, Class A Warrants (Exercise price - $1.25/share) 38,985,020 - Class B Warrants (Exercise price - $1.50/share) 38,985,020 - Class C Warrants (Exercise price - $1.75/share) 38,985,020 - Class D Warrants (Exercise price - $2.00/share) 38,985,020 - Total 155,940,080 - (F) Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ( G) Property and Equipment Property and equipment is recorded at cost and depreciated or amortized using the straight-line method over the estimated useful life of the asset or the underlying lease term for leasehold improvements, whichever is shorter onset the property and equipment is put into service. (H) Revenue Recognition Effective January 1, 2018, the Company recognizes revenue in accordance with Accounting Standards Codification, Revenue from Contracts with Customers (Topic 606). The standard states that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company generates revenue operating a delicatessen. Revenue from the operations of Company-owned delicatessen are recognized when sales occur. (I) Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with GAAP. For certain of our financial instruments, including cash, accounts payable, and the short-term portion of long-term debt, the carrying amounts approximate fair value due to their short maturities. We adopted accounting guidance for financial and non-financial assets and liabilities (ASC 820). The adoption did not have a material impact on our results of operations, financial position or liquidity. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: ● Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. ● Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use. (J) Concentrations The Company maintains various bank accounts at one bank, which, at times, may have balances that exceed federally insured limits. The Company believes it is not exposed to any significant credit risk on its cash balances and has not experienced any losses in such accounts. At September 30, 2020 and December 31, 2019, the Company had cash balances in excess of FDIC limits of $1,497,307 and $0, respectively. (K) Recent Accounting Pronouncements All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable. (L) Business Segments The Company operates in one segment and therefore segment information is not presented. (M) Inventories Inventories consist of food and beverages, and are stated at cost.

Leasehold Improvement and Equip

Leasehold Improvement and Equipment	9 Months Ended
	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
LEASEHOLD IMPROVEMENT AND EQUIPMENT	NOTE 2 LEASEHOLD IMPROVEMENT AND EQUIPMENT Leasehold improvement and equipment consist of the following at September 30, 2020 and December 31, 2019: September 30, December 31, 2020 2019 Leasehold Improvements 33,455 33,455 Equipment 3,120 3,120 Leasehold Improvements and Equipment 36,575 36,575 Less: Accumulated Depreciation (35,965 ) (30,537 ) Leasehold Improvements and Equipment, Net $ 610 $ 6,038 Depreciation expense was $1,805 and $1,844 for the three months ended September 30, 2020 and 2019, respectively. Depreciation expense was $5,428 and $5,471 for the nine months ended September 30, 2020 and 2019, respectively.

Note Payable _ Related Party

Note Payable – Related Party	9 Months Ended
	Sep. 30, 2020
Notes Payable To Related Party Disclosures [Abstract]
NOTE PAYABLE – RELATED PARTY	NOTE 3 NOTE PAYABLE – RELATED PARTY On March 18, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $50,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on March 31, 2021. As of April 24, 2020, the Company accrued $406 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 7). On February 13, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $20,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on February 13, 2021. As of April 24, 2020, the Company accrued $315 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 7). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $10,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on December 31, 2020. As of April 24, 2020, the Company accrued $255 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 7). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $175,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on June 30, 2020. As of April 24, 2020, the Company accrued $4,462 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 7). On December 31, 2019, the Company and a related party note holder agreed to combine the principal and accrued interest of multiple notes and issued a new unsecured promissory note in the amount of $144,979. The note is bearing 8% interest, unsecured and due on December 31, 2020. On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company’s common stock. The remaining principal balance owed to such party in the amount of $44,978.54, plus any accrued and unpaid interest, is due and payable on December 31, 2020. As of April 24, 2020, the Company accrued $2,885 in interest expense. On April 24, 2020, the remaining note principal and accrued interest were repaid in full (See Note 7). On December 31, 2019, the Company and Peter L. Coker, Jr., our Chairman of the Board agreed to combine the principal and accrued interest of a note and issued a new unsecured promissory note in the amount of $30,126. The note is bearing 8% interest, unsecured and due on December 31, 2020. As of April 24, 2020, the Company accrued $768 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 7). On October 16, 2014, the Company entered into an unsecured promissory note with a related party in the amount of $2,000. Pursuant to the terms of the note, the note is non-interest bearing, unsecured and is due on demand. On January 25, 2020, the note principal was repaid in full (See Note 7).

Due to Officers _ Related Party

Due to Officers – Related Party	9 Months Ended
	Sep. 30, 2020
Due To Related Party Disclosure [Abstract]
DUE TO OFFICERS – RELATED PARTY	NOTE 4 DUE TO OFFICERS – RELATED PARTY During the nine months ended September 30, 2020, certain officers paid an aggregate $8,090 in expenses on Company’s behalf as an advance. Pursuant to the terms of the note, the note was non-interest bearing, unsecured and was due on demand. As of September 30, 2020, the balance due to officers was $61,107 (See Note 7).

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY (DEFICIT)	NOTE 5 STOCKHOLDERS’ EQUITY (DEFICIT) (A) Increase in Authorized Shares On March 23, 2020, the Company filed a Certificate of Amendment to the Company’s Articles of Incorporation with the Secretary of State of the State of Nevada increasing the number of shares of common stock the Company is authorized to issue from 100,000,000 to 250,000,000 with a par value of $0.0001 per share. (B) In kind contribution of services For the three and nine months ended September 30, 2020 and 2019, the Company recorded $7,714 and $23,142, respectively, as in kind contribution of services provided by President and Vice President of the Company (See Note 7). (C) Common stock repurchase On March 18, 2020, the Company repurchased an aggregate of 38,336 shares of the Company’s common stock from a total of 11 shareholders, at a purchase price of $1.00 per share. These shares were returned to the Company’s number of authorized but unissued shares of common stock. (D) Warrant Issuance On March 18, 2020, the Board of Directors of the Company authorized the issuance of warrants to the shareholders of record as of issuance date. As of such date, the Company shall send each shareholder of record (i) five Class A Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.25 per share, (ii) five Class B Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.50 per share, (iii) five Class C Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.75 per share and (iv) five Class D Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $2.00 per share, with each warrant expiring on March 31, 2035. On April 15, 2020, the Company issued twenty warrants for every one share of common stock held to shareholders of record as of April 15, 2020. The warrants were issued to the shareholders of record on a pro-rata basis on the issuance date. There was no consideration in exchange for the issuance of these warrants and therefore, these are treated as shareholder’s distribution with a net effect of zero on the stockholder’s equity. The Company issued the following warrants: ● 38,985,020 Class A Warrants ● 38,985,020 Class B Warrants ● 38,985,020 Class C Warrants ● 38,985,020 Class D Warrants As of the date of this report, no warrants have been exercised. Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Balance, December 31, 2019 - - - Granted 155,940,080 $ 1.625 14.51 Exercised - - - Cancelled/Forfeited - - - Balance, September 30, 2020 155,940,080 $ 1.625 14.51 Intrinsic Value $ 1,228,028,130 - - For the nine months ended September 30, 2020, the following warrants were outstanding: Exercise Price Warrants Weighted Average Aggregate $ 1.25 38,985,020 14.51 $ 321,626,415 $ 1.50 38,985,020 14.51 $ 311,880,160 $ 1.75 38,985,020 14.51 $ 302,133,905 $ 2.00 38,985,020 14.51 $ 292,387,650 (E) Common Stock Issued on Debt Conversion On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company’s common stock (See Note 3). (F) Common Stock Issued for Cash In April 2020, the Company sold 663,750 shares of common stock to unrelated party for $663,750 in cash. The funds were received by the Company on April 14, 2020. In April 2020, the Company sold 1,380,000 shares of common stock to unrelated party for $1,380,000 in cash. The funds were received by the Company on April 15, 2020. In April 2020, the Company sold 456,250 shares of common stock to unrelated party for $456,250 in cash. The funds were received by the Company on April 14, 2020.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 COMMITMENTS AND CONTINGENCIES Consulting Agreements Effective as of May 1, 2020, we entered into a Consulting Agreement with Tryon Capital Ventures LLC, a North Carolina limited liability company (“Tryon”) which is 50% owned by the father of Peter L. Coker, Jr., our Chairman of the Board. Pursuant to this agreement, Tryon was engaged as a consultant to the Company, to, among other things, support in the research, development, and analysis of product, financial and strategic matters. The term of the Tryon Consulting Agreement is one year; provided, however Effective as of May 1, 2020, we also entered into a Consulting Agreement with VCH Limited, a company formed under the laws of Macau (“VCH”) which owns in excess of 10% of our common stock. Pursuant to this agreement, VCH was engaged as a consultant to the Company, to, among other things, create and build a presence with high net worth and institutional investors. The term of the agreement is one year; provided, however Operating Lease Agreement On July 1, 2014, the Company entered into a five-year non-cancelable operating lease with a related party for its store space at a monthly rate of $500. On September 21, 2015, the Company executed the lease and opened the store on October 14, 2015. On December 29, 2015, the Company signed an addendum to the lease for the lease agreement to start 30 days after the opening of the deli. The store opened on October 14, 2015, the first payments would have been due on November 15, 2015, however since the deli was not fully functioning, the first monthly rent payment was due January 1, 2016. On August 12, 2019, the Company was granted a two-year extension of non-cancelable operating lease with a related party for its store space at a monthly rate of $500. For the three months ended September 30, 2020 and 2019, the Company had a rent expense of $1,500 and $1,500, respectively. For the nine months ended September 30, 2020 and 2019, the Company had a rent expense of $4,500 and $4,500, respectively (See Note 7). The Company accounts for lease in accordance with ASC Topic 842. Supplemental consolidated balance sheet information related to leases was as follows: September 30, Operating lease assets - right of use $ 4,318 Lease Liability $ 4,318 Less: operating lease liability, current (4,318 ) Long term operating lease liability $ - Supplemental disclosures of cash flow information related to leases were as follows: For the nine months ended September 30, For the nine months ended September 30, Cash paid for operating lease liabilities $ 4,500 $ 4,500 For the nine months ended September 30, 2020 and 2019, the total lease cost were $4,500 and $4,500, respectively. The Company did not incur any variable lease cost for both periods. For the three months ended September 30, 2020 and 2019, the total lease cost were $1,500 and $1,500, respectively. The Company did not incur any variable lease cost for both periods.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 RELATED PARTY TRANSACTIONS On July 1, 2014, the Company entered into a five-year non-cancelable operating lease with a related party for its store space at a monthly rate of $500. On September 21, 2015, the Company executed the lease and opened the store on October 14, 2015. On December 29, 2015, the Company signed an addendum to the lease for the lease agreement to start 30 days after the opening of the deli. The store opened on October 14, 2015, the first payments would have been due on November 15, 2015, however since the deli was not fully functioning, the first monthly rent payment was due January 1, 2016. On August 12, 2019, the Company was granted a two-year extension of non-cancelable operating lease with a related party for its store space at a monthly rate of $500. For the three months ended September 30, 2020 and 2019, the Company had a rent expense of $1,500 and $1,500, respectively. For the nine months ended September 30, 2020 and 2019, the Company had a rent expense of $4,500 and $4,500, respectively (See Note 6). On October 16, 2014, the Company entered into an unsecured promissory note with a related party in the amount of $2,000. Pursuant to the terms of the note, the note is non-interest bearing, unsecured and is due on demand. On January 25, 2020, the note principal was repaid in full (See Note 3). For the three and nine months ended September 30, 2020 and 2019, the Company recorded $7,714 and $23,142, respectively, as in kind contribution of services provided by President and Vice President of the Company (See Note 5(B)). During nine months ended September 30, 2020, certain officers paid an aggregate $8,090 in expenses on Company’s behalf as an advance. Pursuant to the terms of the note, the note was non-interest bearing, unsecured and was due on demand. As of September 30, 2020, the balance due to officers was $61,107 (See Note 4). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $10,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on December 31, 2020. As of April 24, 2020, the Company accrued $255 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3) On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $175,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on June 30, 2020. As of April 24, 2020, the Company accrued $4,462 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On December 31, 2019, the Company and a related party note holder agreed to combine the principal and accrued interest of multiple notes and issued a new unsecured promissory note in the amount of $144,979. The note is bearing 8% interest, unsecured and due on December 31, 2020. On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company’s common stock. The remaining principal balance owed to such party in the amount of $44,978.54, plus any accrued and unpaid interest, is due and payable on December 31, 2020. As of April 24, 2020, the Company accrued $2,885 in interest expense. On April 24, 2020, the remaining note principal and accrued interest were repaid in full (See Note 3). On December 31, 2019, the Company and Peter L. Coker, Jr., our Chairman of the Board agreed to combine the principal and accrued interest of a note and issued a new unsecured promissory note in the amount of $30,126. The note is bearing 8% interest, unsecured and due on December 31, 2020. As of April 24, 2020, the Company accrued $768 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On March 18, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $50,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on March 31, 2021. As of April 24, 2020, the Company accrued $406 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On February 13, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $20,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on February 13, 2021. As of April 24, 2020, the Company accrued $315 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). Effective as of May 1, 2020, we entered into a Consulting Agreement with Tryon Capital Ventures LLC, a North Carolina limited liability company (“Tryon”) which is 50% owned by the father of Peter L. Coker, Jr., our Chairman of the Board. Pursuant to this agreement, Tryon was engaged as a consultant to the Company, to, among other things, support in the research, development, and analysis of product, financial and strategic matters. The term of the Tryon Consulting Agreement is one year; provided, however Effective as of May 1, 2020, we also entered into a Consulting Agreement with VCH Limited, a company formed under the laws of Macau (“VCH”) which owns in excess of 10% of our common stock. Pursuant to this agreement, VCH was engaged as a consultant to the Company, to, among other things, create and build a presence with high net worth and institutional investors. The term of the agreement is one year; provided, however

New Jersey Economic Development

New Jersey Economic Development Authority Grant	9 Months Ended
	Sep. 30, 2020
New Jersey Economic Development Authority Grant [Abstract]
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY GRANT	NOTE 8 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY GRANT In June 2020, Your Hometown Deli, LLC executed the New Jersey Economic Development Authority Grant Application required for securing a Grant from the NJEDA Small Business Emergency Assistance Phase 2 Grant assistance program in light of the impact of the coronavirus (“COVID-19”) pandemic on the Company’s business. In connection therewith, Your Hometown Deli, LLC received a $1,000 Grant in July 2020, which does not have to be repaid. The amount is included in “Other Income” in our

Liquidity

Liquidity	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
LIQUIDITY	NOTE 9 LIQUIDITY As reflected in the accompanying condensed consolidated financial statements, the Company used cash in operations of $465,381, has an accumulated deficit of $1,246,535, and has a net loss of $439,615 for the nine months ended September 30, 2020. On March 23, 2020, the Company temporarily closed the delicatessen due to the stay-at-home order issued by the Governor of New Jersey. Although the Stay at Home at Home Order has been lifted, on October 24, 2020, the Governor signed Executive Order No. 191 extending the Public Health Emergency for another 30 days. The deli was re-opened on September 8, 2020, with a “soft opening” to a limited audience, prior to its “Grand Re-Opening” to the public on September 22, 2020. The Company experienced a decrease in revenues as a result of the COVID-19 pandemic even before the stay-at-home order was issued. Even though the delicatessen has been re-opened, the Company may have a slowdown in customer’s visit due to the current economic condition. There will be no assurances that we will generate sufficient revenues. The Company expects the growth rate and sales to be volatile in the near term as a result of the COVID-19. On April 14, 2020, the Company consummated a private offer and sale of an aggregate of 2,500,000 shares of common stock for gross cash proceeds to us of $2,500,000. On April 24, 2020, the Company fully repaid the notes payable to Peter L. Coker, Jr., our Chairman, in the principal amount of $285,126, and $46.978 of accrued interest. The loans, which were paid in full, were repaid from the proceeds of private placement. The Company plans to utilize the remainder of the proceeds to explore and evaluate potential merger candidates for the Company and to fund general corporate purposes. Management believes that the actions taken in respect of the COVID-19 pandemic and current working capital are sufficient to sustain its current operations for the next 12 months. However, the Company unable to estimate the ultimate impact of the COVID-19 pandemic on our financial condition and future results of operations.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Organization and Basis of Presentation	(A) Organization and Basis of Presentation The accompanying condensed consolidated unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on March 30, 2020. It is management’s opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year. Hometown International, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on May 19, 2014. The Company is the originator of a new “Delicatessen” concept (“Your Hometown Deli”). The Company intends that its delicatessens will feature “home-style” sandwiches and other entrees in a casual friendly atmosphere. Hometown Delis are designed to be comfortable community gathering places for guests of all ages. On January 18, 2014, Your Hometown Deli, LLC. was formed under the laws of the State of New Jersey. On May 29, 2014, Your Hometown Deli, LLC, entered into a Membership Interest Purchase Agreement with Hometown International, Inc. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of Hometown International, Inc. with Your Hometown Deli, LLC, as the accounting acquirer). The historical financial statements of the accounting acquirer became the financial statements of the registrant. The Company did not recognize goodwill or any intangible assets in connection with the transaction. The 5,000,000 shares issued to the shareholder of Your Hometown Deli, LLC, in conjunction with the share exchange transaction has been presented as outstanding for all periods. The Company’s accounting year end is December 31, which is the year end of Your Hometown Deli, LLC.
Principles of Consolidation	(B) Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Hometown International, Inc. and its wholly owned subsidiary, Your Hometown Deli, LLC. All intercompany accounts have been eliminated upon consolidation.
Use of Estimates	(C) Use of Estimates In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of service and valuation of deferred tax assets. Actual results could differ from those estimates.
Cash and Cash Equivalents	(D) Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of 90 days or less to be cash equivalents. At September 30, 2020 and December 31, 2019, the Company had no cash equivalents.
Loss Per Share	(E) Loss Per Share Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, “Earnings Per Share.” Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period”. For September 30, 2020 and September 30, 2019, warrants were not included in the computation of income/ (loss) per share because their inclusion is anti-dilutive. The computation of basic and diluted loss per share for September 30, 2020 and September 30, 2019 excludes the common stock equivalents of the following potentially dilutive securities because their inclusion would be anti-dilutive: September 30, September 30, Class A Warrants (Exercise price - $1.25/share) 38,985,020 - Class B Warrants (Exercise price - $1.50/share) 38,985,020 - Class C Warrants (Exercise price - $1.75/share) 38,985,020 - Class D Warrants (Exercise price - $2.00/share) 38,985,020 - Total 155,940,080 -
Income Taxes	(F) Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
Property and Equipment	( G) Property and Equipment Property and equipment is recorded at cost and depreciated or amortized using the straight-line method over the estimated useful life of the asset or the underlying lease term for leasehold improvements, whichever is shorter onset the property and equipment is put into service.
Revenue Recognition	(H) Revenue Recognition Effective January 1, 2018, the Company recognizes revenue in accordance with Accounting Standards Codification, Revenue from Contracts with Customers (Topic 606). The standard states that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company generates revenue operating a delicatessen. Revenue from the operations of Company-owned delicatessen are recognized when sales occur.
Fair Value of Financial Instruments	(I) Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with GAAP. For certain of our financial instruments, including cash, accounts payable, and the short-term portion of long-term debt, the carrying amounts approximate fair value due to their short maturities. We adopted accounting guidance for financial and non-financial assets and liabilities (ASC 820). The adoption did not have a material impact on our results of operations, financial position or liquidity. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: ● Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. ● Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use.
Concentrations	(J) Concentrations The Company maintains various bank accounts at one bank, which, at times, may have balances that exceed federally insured limits. The Company believes it is not exposed to any significant credit risk on its cash balances and has not experienced any losses in such accounts. At September 30, 2020 and December 31, 2019, the Company had cash balances in excess of FDIC limits of $1,497,307 and $0, respectively.
Recent Accounting Pronouncements	(K) Recent Accounting Pronouncements All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable.
Business Segments	(L) Business Segments The Company operates in one segment and therefore segment information is not presented.
Inventories	(M) Inventories Inventories consist of food and beverages, and are stated at cost.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Organization (Tables)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Schedule of basic and diluted loss per share	September 30, September 30, Class A Warrants (Exercise price - $1.25/share) 38,985,020 - Class B Warrants (Exercise price - $1.50/share) 38,985,020 - Class C Warrants (Exercise price - $1.75/share) 38,985,020 - Class D Warrants (Exercise price - $2.00/share) 38,985,020 - Total 155,940,080 -

Leasehold Improvement and Equ_2

Leasehold Improvement and Equipment (Tables)	9 Months Ended
	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
Schedule of leasehold improvement and equipment	September 30, December 31, 2020 2019 Leasehold Improvements 33,455 33,455 Equipment 3,120 3,120 Leasehold Improvements and Equipment 36,575 36,575 Less: Accumulated Depreciation (35,965 ) (30,537 ) Leasehold Improvements and Equipment, Net $ 610 $ 6,038

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit) (Tables)	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
Schedule of no warrant	Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Balance, December 31, 2019 - - - Granted 155,940,080 $ 1.625 14.51 Exercised - - - Cancelled/Forfeited - - - Balance, September 30, 2020 155,940,080 $ 1.625 14.51 Intrinsic Value $ 1,228,028,130 - -
Schedule of warrants outstanding	Exercise Price Warrants Weighted Average Aggregate $ 1.25 38,985,020 14.51 $ 321,626,415 $ 1.50 38,985,020 14.51 $ 311,880,160 $ 1.75 38,985,020 14.51 $ 302,133,905 $ 2.00 38,985,020 14.51 $ 292,387,650

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of balance sheet information related to leases	September 30, Operating lease assets - right of use $ 4,318 Lease Liability $ 4,318 Less: operating lease liability, current (4,318 ) Long term operating lease liability $ -
Schedule of operating lease liabilities	For the nine months ended September 30, For the nine months ended September 30, Cash paid for operating lease liabilities $ 4,500 $ 4,500

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Organization (Details)	1 Months Ended	9 Months Ended
	May 29, 2014shares	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Cash balances in excess of FDIC | $		$ 1,497,307	$ 0
Number of operating segments		1
Your Hometown Deli, LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Stock issued in connection with intangible assets (in Shares) | shares	5,000,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share - shares	Sep. 30, 2020	Sep. 30, 2019
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share [Line Items]
Total	155,940,080
Class A Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share [Line Items]
Total	38,985,020
Class B Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share [Line Items]
Total	38,985,020
Class C Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share [Line Items]
Total	38,985,020
Class D Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share [Line Items]
Total	38,985,020

Summary of Significant Accoun_5

Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share (Parentheticals)	Sep. 30, 2020$ / shares
Class A Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share (Parentheticals) [Line Items]
Warrants exercise price	$ 1.25
Class B Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share (Parentheticals) [Line Items]
Warrants exercise price	1.50
Class C Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share (Parentheticals) [Line Items]
Warrants exercise price	1.75
Class D Warrants [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of basic and diluted loss per share (Parentheticals) [Line Items]
Warrants exercise price	$ 2

Leasehold Improvement and Equ_3

Leasehold Improvement and Equipment (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation	$ 1,805	$ 1,844	$ 5,428	$ 5,471

Leasehold Improvement and Equ_4

Leasehold Improvement and Equipment (Details) - Schedule of leasehold improvement and equipment - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Leasehold Improvements	$ 36,575	$ 36,575
Less: Accumulated Depreciation	(35,965)	(30,537)
Leasehold Improvements and Equipment, Net	610	6,038
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements	33,455	33,455
Equipment [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements	$ 3,120	$ 3,120

Note Payable _ Related Party (D

Note Payable – Related Party (Details) - USD ($)	Feb. 13, 2020	Mar. 18, 2020	Dec. 31, 2019	Apr. 24, 2020	Oct. 16, 2014
Due on March 31, 2021 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party		$ 50,000
Interest rate		8.00%
Due date		Mar. 31, 2021
Accrued interest expense				$ 406
Due on February 13, 2021 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party	$ 20,000
Interest rate	8.00%
Due date	Feb. 13, 2021
Accrued interest expense				315
Due on December 31, 2020 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party			$ 10,000
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				255
Due on June 30, 2020 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party			$ 175,000
Interest rate			8.00%
Due date			Jun. 30, 2020
Accrued interest expense				4,462
Due on December 31, 2020 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party			$ 144,979
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				2,885
Due on December 31, 2020 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party		$ 44,978.54
Due date		Dec. 31, 2020
Principal amount of debt owed		$ 100,000
Converted shares of common stock (in Shares)		100,000
Due on December 31, 2020 [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party			$ 30,126
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				$ 768
Due on Demand [Member]
Note Payable – Related Party (Details) [Line Items]
Note payable - related party					$ 2,000

Due to Officers _ Related Par_2

Due to Officers – Related Party (Details) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Due to Officers – Related Party (Details) [Line Items]
Due to officers - related parties	$ 61,107	$ 53,017
Officers [Member]
Due to Officers – Related Party (Details) [Line Items]
Related party transaction, amounts of transaction	$ 8,090

Stockholders' Equity (Deficit_2

Stockholders' Equity (Deficit) (Details)	1 Months Ended		3 Months Ended		9 Months Ended
	Apr. 30, 2020USD ($)shares	Mar. 18, 2020USD ($)$ / sharesshares	Sep. 30, 2020USD ($)$ / sharesshares	Sep. 30, 2019USD ($)shares	Sep. 30, 2020USD ($)$ / sharesshares	Sep. 30, 2019USD ($)shares	Mar. 23, 2020$ / sharesshares	Dec. 31, 2019$ / sharesshares
Stockholders' Equity (Deficit) (Details) [Line Items]
Common stock, authorized			250,000,000		250,000,000			250,000,000
Common stock, par value (in Dollars per share) | $ / shares			$ 0.0001		$ 0.0001		$ 0.0001	$ 0.0001
Kind contribution of services (in Dollars) | $					$ 23,142	$ 23,142
Repurchase of common stock		38,336
Number of shareholders		11
Purchase price (in Dollars per share) | $ / shares		$ 1
Common stock at an exercise price, description		the Board of Directors of the Company authorized the issuance of warrants to the shareholders of record as of issuance date. As of such date, the Company shall send each shareholder of record (i) five Class A Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.25 per share, (ii) five Class B Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.50 per share, (iii) five Class C Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.75 per share and (iv) five Class D Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $2.00 per share, with each warrant expiring on March 31, 2035.
Issuance of warrants			155,940,080		155,940,080
Principal amount of debt (in Dollars) | $		$ 100,000
Number of shares converted in to common stock		100,000
Class A Warrants [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Issuance of warrants			38,985,020		38,985,020
Class B Warrants [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Issuance of warrants			38,985,020		38,985,020
Class C Warrants [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Issuance of warrants			38,985,020		38,985,020
Class D Warrants [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Issuance of warrants			38,985,020		38,985,020
Minimum [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Common stock, authorized							100,000,000
Maximum [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Common stock, authorized							250,000,000
Vice President [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Kind contribution of services (in Dollars) | $			$ 7,714	$ 7,714	$ 23,142	$ 23,142
Unrelated Party [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Shares of common stock sold, shares	663,750
Shares of common stock sold, shares (in Dollars) | $	$ 663,750
Unrelated Party One [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Shares of common stock sold, shares	1,380,000
Shares of common stock sold, shares (in Dollars) | $	$ 1,380,000
Unrelated Party Two [Member]
Stockholders' Equity (Deficit) (Details) [Line Items]
Shares of common stock sold, shares	456,250
Shares of common stock sold, shares (in Dollars) | $	$ 456,250

Stockholders' Equity (Deficit_3

Stockholders' Equity (Deficit) (Details) - Schedule of no warrant	9 Months Ended
	Sep. 30, 2020USD ($)$ / sharesshares
Schedule of no warrant [Abstract]
Number of Warrants, beginning (in Shares) | shares
Weighted average exercise price, beginning
Weighted average remaining contractual life (in years), beginning
Number of Warrants, granted (in Shares) | shares	155,940,080
Weighted average exercise price, granted	$ 1.625
Weighted average remaining contractual life (in years), granted	$ 14.51
Number of Warrants, exercised (in Shares) | shares
Weighted average exercise price, exercised
Weighted average remaining contractual life (in years), exercised
Number of Warrants, cancelled/forfeited (in Shares) | shares
Weighted average exercise price, cancelled/forfeited
Weighted average remaining contractual life (in years), cancelled/forfeited
Number of Warrants, ending (in Shares) | shares	155,940,080
Weighted average exercise price, ending	$ 1.625
Weighted average remaining contractual life (in years), ending	14 years 186 days
Number of Warrants, intrinsic value (in Dollars) | $	$ 1,228,028,130

Stockholders' Equity (Deficit_4

Stockholders' Equity (Deficit) (Details) - Schedule of warrants outstanding	9 Months Ended
	Sep. 30, 2020USD ($)$ / sharesshares
Exercise Prices One [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding, Exercise Price | $ / shares	$ 1.25
Warrants Exercisable, Number Exercisable | shares	38,985,020
Warrants Outstanding, Weighted - Average Remaining Contractual Life	14 years 186 days
Warrants Aggregate Intrinsic Value | $	$ 321,626,415
Exercise Prices Two [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding, Exercise Price | $ / shares	$ 1.50
Warrants Exercisable, Number Exercisable | shares	38,985,020
Warrants Outstanding, Weighted - Average Remaining Contractual Life	14 years 186 days
Warrants Aggregate Intrinsic Value | $	$ 311,880,160
Exercise Prices Three [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding, Exercise Price | $ / shares	$ 1.75
Warrants Exercisable, Number Exercisable | shares	38,985,020
Warrants Outstanding, Weighted - Average Remaining Contractual Life	14 years 186 days
Warrants Aggregate Intrinsic Value | $	$ 302,133,905
Exercise Prices Four [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding, Exercise Price | $ / shares	$ 2
Warrants Exercisable, Number Exercisable | shares	38,985,020
Warrants Outstanding, Weighted - Average Remaining Contractual Life	14 years 186 days
Warrants Aggregate Intrinsic Value | $	$ 292,387,650

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($)	May 01, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Aug. 12, 2019	Jul. 01, 2014
Lease [Member]
Commitments and Contingencies (Details) [Line Items]
Lease expense		$ 1,500	$ 1,500	$ 4,500	$ 4,500
Operating Lease Agreement [Member]
Commitments and Contingencies (Details) [Line Items]
Non-cancelable operating lease with a related party						$ 500	$ 500
Rent expense		$ 1,500	$ 1,500	$ 4,500	$ 4,500
Tryon Capital Ventures LLC [Member]
Commitments and Contingencies (Details) [Line Items]
Consulting agreement fee per month	$ 15,000
VCH Limited [Member]
Commitments and Contingencies (Details) [Line Items]
Consulting agreement fee per month	$ 25,000

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of balance sheet information related to leases - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Schedule of balance sheet information related to leases [Abstract]
Operating lease assets - right of use	$ 4,318	$ 8,324
Lease Liability	4,318
Less: operating lease liability, current	(4,318)
Long term operating lease liability		$ 2,913

Commitments and Contingencies_4

Commitments and Contingencies (Details) - Schedule of operating lease liabilities - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Schedule of operating lease liabilities [Abstract]
Cash paid for operating lease liabilities	$ 4,500	$ 4,500

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)

May 01, 2020

Apr. 14, 2020

Dec. 31, 2019

Sep. 30, 2020

Sep. 30, 2019

Sep. 30, 2020

Sep. 30, 2019

Apr. 24, 2020

Mar. 18, 2020

Feb. 13, 2020

Mar. 18, 2018

Oct. 16, 2014

Jul. 01, 2014

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 362,104

Kind contribution of services

23,142

$ 23,142

Accrued Interest expense

768

$ 4,462

Common stock issued for cash ($1.00/share), shares (in Shares)

0.10

2,500,000

Debt Exchange Agreement [Member]

Related Party Transactions (Details) [Line Items]

Accrued Interest expense

2,885

Principal amount of debt owed

$ 100,000

Converted shares of common stock (in Shares)

100,000

Remaining principal balance owed

$ 44,978.54

Unsecured Promissory Note [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 2,000

Unsecured Promissory Note One [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

10,000

Accrued Interest expense

$ 255

Unsecured Promissory Note Three [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 44,978.54

Lease Agreement [Member]

Related Party Transactions (Details) [Line Items]

Non-cancelable operating lease with a related party

$ 500

Operating Lease Agreement [Member]

Related Party Transactions (Details) [Line Items]

Non-cancelable operating lease with a related party

$ 500

Rent expense

1,500

$ 1,500

4,500

4,500

Vice President [Member]

Related Party Transactions (Details) [Line Items]

Kind contribution of services

7,714

7,714

23,142

23,142

President [Member]

Related Party Transactions (Details) [Line Items]

Kind contribution of services

7,714

$ 7,714

23,142

$ 23,142

Officer [Member]

Related Party Transactions (Details) [Line Items]

Officers paid an aggregate expenses

8,090

Due to Officers or Stockholders, Noncurrent

$ 61,107

$ 61,107

Board of Directors Chairman [Member]

Related Party Transactions (Details) [Line Items]

Equity Method Investment, Ownership Percentage

50.00%

Board of Directors Chairman [Member] | Unsecured Promissory Note [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 10,000

$ 20,000

Notes bearing interest rate

8.00%

8.00%

8.00%

Deferred Sales Inducement Cost, Amortization Expense, Accrued Interest

$ 255

Board of Directors Chairman [Member] | Unsecured Promissory Note One [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 175,000

Notes bearing interest rate

8.00%

Board of Directors Chairman [Member] | New Unsecured Promissory Note [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 30,126

Notes bearing interest rate

8.00%

Board of Directors Chairman [Member] | 10% Unsecured Promissory Note Two [Member]

Related Party Transactions (Details) [Line Items]

Accrued Interest expense

$ 406

Board of Directors Chairman [Member] | Unsecured Promissory Note Three [Member]

Related Party Transactions (Details) [Line Items]

Accrued Interest expense

$ 315

Related Party Note Holder [Member] | Unsecured Promissory Note [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 144,979

Notes bearing interest rate

8.00%

Related party transaction, description

As of April 24, 2020, the Company accrued $4,462 in interest expense.

Chairman [Member]

Related Party Transactions (Details) [Line Items]

Note payable - related party

$ 50,000

Tryon Capital Ventures LLC [Member]

Related Party Transactions (Details) [Line Items]

Consulting agreement fee per month

$ 15,000

VCH Limited [Member]

Related Party Transactions (Details) [Line Items]

Consulting agreement fee per month

$ 25,000

New Jersey Economic Developme_2

New Jersey Economic Development Authority Grant (Details)	1 Months Ended
	Jul. 31, 2020USD ($)
Your Hometown Deli, LLC [Member]
New Jersey Economic Development Authority Grant (Details) [Line Items]
Repaid Grant	$ 1,000

Liquidity (Details)

Liquidity (Details) - USD ($)	May 01, 2020	Apr. 14, 2020	Sep. 30, 2020	Apr. 24, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash in operations			$ 465,381
Accumulated deficit			1,246,535
Net loss			$ 439,615
Issuance of shares (in Shares)	0.10	2,500,000
Gross proceeds		$ 2,500,000
Principle amount				$ 285,126
Accrued interest				$ 46.978