4M Carbon Fiber (FMCF) 10-Q 19 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 18, 2019
Details
Registrant CIK	0001635965
Fiscal Year End	--12-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	000-55401
Entity Registrant Name	4M Carbon Fiber Corp.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	80-0379897
Entity Address, Address Line One	835 Innovation Drive, Suite 200,
Entity Address, City or Town	Knoxville,
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37932
City Area Code	865
Local Phone Number	444-6789
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		81,024,699
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 433,921	$ 1,457,761
Accounts receivable (net of reserve for bad debts of $0 and $0, respectively)	1,286	566
Prepaid expenses	28,117	13,065
Prepaid license fees	150,000	150,000
Total current assets	613,324	1,621,392
Fixed assets:
Computer hardware	5,371	5,371
Equipment	696,025	696,025
Website and presentation templates	12,825	12,825
Leasehold improvements	96,605	96,605
Total fixed assets	810,826	810,826
Accumulated depreciation and amortization	241,869	193,792
Fixed assets, net	568,957	617,034
Total other assets	0	0
Total assets	1,182,281	2,238,426
Current liabilities:
Accounts payable and accrued expenses	1,050,527	852,060
Accrued interest	30,499	40,665
Accrued payroll taxes and withholdings	16,635	22,713
Deferred sales	11,368	11,368
Loans from related party	0	278,000
Notes payable	300,583	350,584
Total current liabilities	1,409,612	1,555,390
Long-term liabilities:
Convertible debt - long term (net of debt discount of $0 and $0, respectively)	0	20,000
Convertible debt - long term (net of debt discount of $0 and $0, respectively)	0	0
Total long-term liabilities	0	20,000
Total liabilities	1,409,612	1,575,390
Commitments and contingencies	0
Stockholders' equity (deficit)
Preferred Stock, Value	0	0
Common Stock, Value	8,084	7,827
Additional paid-in capital	9,603,398	6,720,603
Subscriptions receivable	(52,200)	(104,400)
Stock to be issued	562,465	703,000
Treasury Stock, at cost, 3,664,641 and 3,664,641 shares, respectively	(100,000)	(100,000)
Accumulated Deficit	(10,249,079)	(6,563,994)
Total stockholders' equity (deficit)	(227,331)	663,036
Total liabilities and stockholders' equity (deficit)	$ 1,182,281	$ 2,238,426

Consolidated Balance Sheets - P

Consolidated Balance Sheets - Parenthetical - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Details
Accounts Receivable, Allowance for Credit Loss, Current	$ 0	$ 0
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	25,000,000	25,000,000
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	250,000,000	250,000,000
Common Stock, Shares, Issued	80,843,499	78,273,588
Common Stock, Shares, Outstanding	80,843,499	78,273,588
Treasury Stock, Common, Shares	3,664,641	3,664,641

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Details
Total Income	$ 0	$ 0	$ 0	$ 0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Operating expenses:
Selling expenses	971	10,493	1,520	11,740
General and administrative	828,399	734,888	3,629,846	2,751,624
Depreciation and amortization	16,025	17,404	48,077	52,212
Total operating expenses	845,395	762,784	3,679,443	2,815,575
Loss from operations	(845,395)	(762,784)	(3,679,443)	(2,815,575)
Other (Income) / Expenses:
Interest expense	6,911	10,749	14,608	28,410
Interest income	(3,280)	0	(8,966)	0
Total other (income) expenses	3,631	10,749	5,642	28,410
Net loss	$ (849,026)	$ (773,533)	$ (3,685,085)	$ (2,843,985)
Per share data Net Loss per share - basic and diluted	$ (0.01)	$ (0.01)	$ (0.05)	$ (0.04)
Weighted average number of shares outstanding- basic and diluted	80,827,488	76,987,779	79,576,287	75,798,395

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($)	Common Stock	Treasury Stock, Common	Receivables from Stockholder	Deferred Compensation, Share-based Payments	Additional Paid-in Capital	Retained Earnings	Total
Equity Balance at Dec. 31, 2017	$ 7,279	$ (100,000)	$ (104,400)	$ 522,500	$ 2,636,902	$ (2,022,859)	$ 939,422
Equity Balance, shares at Dec. 31, 2017	72,793,709	0
Stock Issued During Period, Value, Conversion of Convertible Securities	$ 24	$ 0	0	0	119,977	0	120,001
Stock Issued During Period, Shares, Conversion of Convertible Securities	241,667	0
Stock Issued During Period, Value, New Issues	$ 51	$ 0	0	0	400,149	0	400,200
Stock Issued During Period, Shares, New Issues	514,220	0
Shares Granted, Value, Share-based Payment Arrangement, before Forfeiture	$ 108	$ 0	0	0	583,684	0	583,792
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	1,081,320	0
Stock Issued During Period, Value, Issued for Services	$ 46	$ 0	0	0	276,274	0	276,320
Stock Issued During Period, Shares, Issued for Services	460,531	0
Issuance of Stock To Be Issued	$ 76	$ 0	0	(522,500)	522,424		0
Issuance of Stock To Be Issued	763,334	0
Net loss	$ 0	$ 0	0	0	0	(1,354,164)	(1,354,164)
Equity Balance, shares at Mar. 31, 2018	75,854,781	0
Equity Balance at Mar. 31, 2018	$ 7,585	$ (100,000)	(104,400)	0	4,539,409	(3,377,571)	965,571
Stock Issued During Period, Value, New Issues	$ 79	$ 0	0	0	710,691	0	710,770
Stock Issued During Period, Shares, New Issues	789,745	0
Stock Issued During Period, Value, Issued for Services	$ 5	$ 0	0	0	32,996	0	33,000
Stock Issued During Period, Shares, Issued for Services	45,000	0
Net loss	$ 0	$ 0	0	0	0	(716,287)	(716,287)
Equity Balance, shares at Jun. 30, 2018	76,689,526	0
Equity Balance at Jun. 30, 2018	$ 7,669	$ (100,000)	(104,400)	0	5,283,095	(4,093,310)	993,054
Stock Issued During Period, Value, New Issues	$ 49				440,219		440,268
Stock Issued During Period, Shares, New Issues	492,331
Shares Granted, Value, Share-based Payment Arrangement, before Forfeiture	$ 9				82,824		82,833
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	92,037
Net loss						(773,533)	(443,833)
Equity Balance, shares at Sep. 30, 2018	77,273,894	0
Equity Balance at Sep. 30, 2018	$ 7,727	$ (100,000)	(104,400)	0	5,806,138	(4,093,310)	742,620
Equity Balance at Dec. 31, 2018	$ 7,827	$ (100,000)	(104,400)	703,000	6,720,603	(6,563,994)	$ 663,036
Equity Balance, shares at Dec. 31, 2018	78,273,588	0					78,273,588
Stock Issued During Period, Value, New Issues	$ 8	$ 0	0	0	119,992	0	$ 120,000
Stock Issued During Period, Shares, New Issues	80,000	0
Stock Issued During Period, Value, Issued for Services	$ 15	$ 0	0	0	224,985	0	225,000
Stock Issued During Period, Shares, Issued for Services	150,000	0
Change in Common Stock to be Issued	$ 0	$ 0	0	254,167		0	254,167
Net loss	$ 0	$ 0	0	0	0	(900,901)	(900,901)
Equity Balance, shares at Mar. 31, 2019	78,503,588	0
Equity Balance at Mar. 31, 2019	$ 7,850	$ (100,000)	(104,400)	957,167	7,065,580	(7,464,895)	361,302
Stock Issued During Period, Value, New Issues	$ 72	$ 0	0	0	960,928	0	961,000
Stock Issued During Period, Shares, New Issues	724,000	0
Shares Granted, Value, Share-based Payment Arrangement, before Forfeiture	$ 76	$ 0	0	0	814,170	0	814,246
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	758,888	0
Stock Issued During Period, Value, Issued for Services	$ 1	$ 0	0	0	11,999	0	12,000
Stock Issued During Period, Shares, Issued for Services	12,000	0
Issuance of Stock To Be Issued	$ 79	$ 0	0	(703,000)	702,921	0	0
Issuance of Stock To Be Issued	794,440	0
Change in Common Stock to be Issued				308,298	0	0	308,298
Receipt of subscription receivable	$ 0	$ 0	52,200	0	0	0	52,200
Net loss	$ 0	$ 0	0	0	0	(1,935,158)	(1,935,158)
Equity Balance, shares at Jun. 30, 2019	80,792,916	0
Equity Balance at Jun. 30, 2019	$ 8,079	$ (100,000)	(52,200)	562,465	9,555,597	(9,400,053)	573,889
Stock Issued During Period, Shares, Conversion of Convertible Securities	22,806
Stock Issued During Period, Value, New Issues	$ 2				24,997		25,000
Stock Issued During Period, Shares, New Issues	27,777
Net loss						(849,026)	$ (849,026)
Equity Balance, shares at Sep. 30, 2019	80,843,499	0					80,843,499
Equity Balance at Sep. 30, 2019	$ 8,084	$ (100,000)	$ (52,200)	$ 562,465	9,503,398	$ (10,249,079)	$ (227,331)
Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments	$ 3				$ 22,804		$ 22,806

Statement of Cash Flows

Statement of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2017
Cash flows from operating activities:
Net loss	$ (3,685,085)	$ (2,843,985)
Depreciation and amortization	48,077	52,212
Common stock issued for services	235,800	958,112
Common stock issued for compensation	1,104,915	0
Prepaid expenses	221,948	(13,942)
Accrued interest	(7,360)	(49,304)
Accrued officers' salaries and director's compensation	280,504	0
Accounts payable and accrued expenses	(52,119)	208,414
Total adjustments	1,831,045	1,227,492
Net cash used in operating activities	(1,854,040)	(1,616,493)
Net cash used in investing activities	0	0
Cash flows from financing activities:
Payment of related party loan	(278,000)	0
Proceeds from subscription receivable	52,200	0
Proceeds of sale of common stock	1,106,000	1,619,072
Net cash provided by financing activities	830,200	1,619,072
Net increase (decrease) in cash	(1,023,840)	2,579
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	1,457,761	1,309,573
Cash and Cash Equivalents, at Carrying Value, Ending Balance	433,921	1,312,152
Supplemental Schedule of Cash Flow Information:
Cash paid for interest	21,967	79,928
Cash paid for income taxes	0	0
Supplemental Schedules of Noncash Investing and Financing Activities:
Conversion of convertible debt to equity	$ 0	$ 70,000

Organization and Nature of Oper

Organization and Nature of Operations	9 Months Ended
	Sep. 30, 2019
Notes
Organization and Nature of Operations	1. Organization and Nature of Operations The Company was incorporated in the state of Delaware on January 21, 2009 as a wholly owned subsidiary of CornerWorld Corporation (“CWC”), a Nevada corporation publicly traded on the OTCQB exchange. The Company was setup as a holding company for three telecommunications services subsidiaries. It disposed of these operations when it simultaneously entered into a Stock Purchase Agreement, dated March 31, 2017 (the “Stock Purchase Agreement”), with 4M Industrial Oxidation, LLC, a Tennessee limited liability company (“4MIO”), pursuant to which 4MIO purchased from the Selling Stockholders an aggregate of 3,664,641 shares of common stock, par value $0.0001 per share (the “Common Stock”), of the Company, representing approximately 78.7% of the issued and outstanding shares of Common Stock of the Company. The foregoing sale of Common Stock by the Selling Shareholders to 4MIO resulted in a change in control of the Company. Subsequently, on April 6, 2017, Woodland acquired one hundred percent (100%) of the outstanding membership interests of 4MIO which became a wholly owned subsidiary. The acquisition had an effective date of April 1, 2017. In early 2018, Woodland changed its name to 4M Carbon Fiber Corp (“4M”) and while fully reporting to the Securities Exchange Commission (SEC), expects to complete the process whereby it can begin trading on a public stock exchange in late 2019.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Notes
Basis of Presentation	2. Basis of Presentation Interim Unaudited Consolidated Financial Statements The unaudited interim consolidated financial statements of 4M Carbon Fiber Corporation (the “Company,” “4MCF,” “we,” “our” or “us”) for the nine-month periods ended September 30, 2019 and 2018 contained in this Quarterly Report (collectively, the “Unaudited Interim Consolidated Financial Statements”) were prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for all periods presented. The results of operations for the nine-month period ended September 30, 2019 are not necessarily indicative of the results that may be expected for the entire fiscal year. The accompanying Unaudited Interim Consolidated Financial Statements have been prepared in accordance with the regulations for interim financial information of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, the unaudited accompanying statements of financial condition and related interim statements of operations, cash flows, and stockholders’ deficit include all adjustments (which consist only of normal and recurring adjustments) considered necessary for a fair presentation in conformity with U.S. GAAP. These Unaudited Interim Consolidated Financial Statements should be read in conjunction with the 4M Carbon Fiber Corp. consolidated financial statements as of and for the year ended December 31, 2018, as filed with the SEC on Form 10-K.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Notes
Significant Accounting Policies	3. Summary of Significant Accounting Policies a) Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with US 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 financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. 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. b) Principles of Consolidation c) Cash and Cash Equivalents For purposes of the statement of cash flows, cash includes demand deposits, saving accounts and money market accounts. The Company considers all highly liquid instruments with maturities of three months or less when purchased to be cash equivalents. At September 30, 2019 and December 31, 2018, the Company had one bank account that exceeded the $250,000 FDIC limit. The Company has opened additional accounts to mitigate the risk of loss and provide additional benefits and bank flexibility. d) Accounts receivable and concentration of credit risk The Company currently offers specialized testing services to various carbon fiber manufacturers and companies utilizing carbon fiber to evaluate the efficacy of the technology on their particular products and product lines. The Company typically requires an upfront fee prior to setup and operation of the test runs. At times, some accounts utilize more than the anticipated resources and additional services are invoiced after the fact. This has minimized the risk of default in the collection of accounts receivable. e) Allowance for doubtful accounts The allowance for doubtful accounts is based on the Company’s assessment of the collectability of customer accounts and the aging of the accounts receivable. The Company regularly reviews the adequacy of the Company’s allowance for doubtful accounts through identification of specific receivables where it is expected that payments will not be received. The Company also establishes an unallocated reserve that is applied to all amounts that are not specifically identified. In determining specific receivables where collections may not have been received, the Company reviews past due receivables and gives consideration to prior collection history and changes in the customer’s overall business condition. The allowance for doubtful accounts reflects the Company’s best estimate as of the reporting dates. At September 30, 2019 and December 31, 2018, the Company had an allowance for bad debts in the amount of $0 and $0, respectively. f) Basic and Diluted Net Loss per Share The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential shares of common stock outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. There were dilutive potential securities as of June 30, 2019 in the form of convertible debt (see Note 5), however, due to the Company’s loss their effect on EPS was anti-dilutive and therefor did not affect the EPS calculation. g) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company did not have any Level 2 or Level 3 assets or liabilities as of September 30, 2019, with the exception of its notes payable. The carrying amounts of these liabilities at September 30, 2019 approximate their respective fair value based on the Company’s incremental borrowing rate. Cash is considered to be highly liquid and easily tradable as of September 30, 2019 and therefore classified as Level 1 within our fair value hierarchy. In addition, FASB ASC 825-10-25 Fair Value Option, or ASC 825-10-25, was effective for January 1, 2008. ASC 825-10-25 expands opportunities to use fair value measurements in financial reporting and permits entities to choose to measure many financial instruments and certain other items at fair value. The Company did not elect the fair value options for any of its qualifying financial instruments h) Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740 “Accounting for Income Taxes” as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in this financial statement because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. i) Revenue Recognition The Company recognizes revenue in accordance with ASC-605, “Revenue Recognition,” which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or title has passed; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Revenues are recognized (a) for larger construction type projects based on the percentage of completion method; or (b) for direct sales of products, upon shipment, provided that a signed purchase order has been received, the price is fixed, title has transferred, collection of resulting receivables is reasonably assured, and there are no remaining significant obligations. Reserves for sales returns and allowances, based on historical levels of returns and discounts, current economic trends and changes in customer demand. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. j) Reclassification Certain reclassifications have been made to conform the prior period data to the current presentation. These reclassifications had no effect on reported net loss.

Debt Disclosure

Debt Disclosure	9 Months Ended
	Sep. 30, 2019
Notes
Debt Disclosure	4. Notes Payable Notes Payable, others: The Company owed $200,584 and $200,584 at September 30, 2019 and December 31, 2018, respectively, to a formerly related party. The relationship ceased to exist when 4MIO was merged into 4M Carbon Fiber. During the year ended December 31, 2015, the Company had through its 4MIO subsidiary borrowed $150,000 in 2-year notes issued to an accredited investor. On July 17, 2019, the Company repaid $50,000 in principle, the balance due under one note, and all accrued and unpaid interest on both notes to the note holder. The remaining $100,000 note’s due date has been extended to July 1, 2020. During the nine months ended September 30, 2019 and the year ended December 31, 2018 the Company made no other repayments of notes, and paid total accrued interest of $21,967 and $79,928, respectively. At September 30, 2019 and December 31, 2018, the Company has accrued interest of $30,499 and $40,665, respectively. 5. Convertible debt In September 2017, the Company entered into four, two-year convertible debentures, totaling $90,000 with four accredited investors. The debentures are convertible at the higher of (a) 80% of the market price on the date of conversion or (b) $2.00 per share. The notes carry interest at eight percent (8%) per annum. In 2018, three of the notes were fully converted into common shares. In July 2019, the remaining convertible debenture was converted into common shares. The convertible debenture balances are listed below: Date September 30, 2019 December 31, 2018 September 7, 2017 $ - $ 20,000 Total $ - $ 20,000 The Company computed the Beneficial Conversion Feature to determine any debt discount. The computations indicated that no discount adjustment was required. At September 30, 2019 and December 31, 2018 convertible notes and debentures consisted of the following: September 30, 2019 December 31, 2018 Convertible notes payable $ - $ 20,000 Unamortized debt discount (-) (-) Carrying amount $ - $ 20,000 Less: current portion (-) (-) Long-term convertible notes, net $ - $ 20,000

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2019
Notes
Related Party Transactions	6. Related Party Transactions Prior to the reverse merger of 4MIO with Woodland Holdings Corp. on April 6, 2017, approximately 95% of outstanding membership interests of 4MIO were owned by Remaxco Technologies, Inc. (“RMX”). As a result, there are certain transactions between the companies which are disclosed below as well as other places in these footnotes (see Footnote 4). In January 2016, the Company reclassified a Note Receivable of $150,000 due from RMX to Prepaid Licensing Fees. This reclassification reflects a portion of the expected royalties that are to be paid to RMX and ORNL once the Plasma Oxidation ovens equipped with the technology begin to ship. Since the strategic pivot away from selling hardware to one of carbon fiber production, these prepaid amounts will be applied against future license fees payable. Notes Payable to Related Parties On the following dates, the Company entered into individual eighteen-month promissory note agreements for an aggregate principal amount of $278,000 with a company of which our COO is a member. Pursuant to the agreement, the loans bear interest at 10% per annum. Date Amount 03/04/16 $ 50,000 03/11/16 50,000 09/30/16 58,000 10/05/16 60,000 10/20/16 60,000 Total $ 278,000 During the nine months ended September 30, 2019 the Company repaid the $278,000 of notes and accrued interest of $12,186.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Notes
Stockholders' Equity	7. Stockholders’ Equity a) Authorized · · 25 b) Share Issuances                                As of September 30, 2019, and December 31, 2018, there were 80,843,499 and 78,273,588 shares of common stock issued and outstanding, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Notes
Income Taxes	8. Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740 “Accounting for Income Taxes” as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in this financial statement because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Deferred income tax assets as of September 30, 2019 and December 31, 2018 of $1,825,945 and $1,217,545, respectively, resulting from net operating losses and future amortization deductions, have been fully offset by valuation allowances. The valuation allowances have been established equal to the full amounts of the deferred tax assets, as the Company is not assured that it is more likely than not that these benefits will be realized. Reconciliation between the statutory United States corporate income tax rate (21%) and the effective income tax rates based on continuing operations is as follows: September 30, 2019 December 31, 2018 Income tax benefit at Federal statutory rate of 21% $ (773,868) $ (558,600) State Income tax benefit, net of Federal effect (184,254) (133,000) Permanent and other differences 348,586 309,277 Change in valuation allowance 609,536 382,323 Total $ - $ - Components of deferred tax assets were approximately as follows: September 30, 2019 December 31, 2018 Net operating loss $ 1,825,945 $ 1,217,545 Asset impairment - - Valuation allowance (1,825,945) (1,217,545) Total $ - $ - At December 31, 2018, the Company has available net operating losses of approximately $4,682,864 which may be carried forward to apply against future taxable income. These losses will begin to expire in 2032. Deferred tax assets related to these losses have not been recorded due to uncertainty regarding their utilization. The provisions of ASC 740 require companies to recognize in their financial statements the impact of a tax position if that position is more likely than not to be sustained upon audit, based upon the technical merits of the position. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken on a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods and disclosure. Management does not believe that the Company has any material uncertain tax positions requiring recognition or measurement in accordance with the provisions of ASC 740. Accordingly, the adoption of these provisions of ASC 740 did not have a material effect on the Company’s financial statements. The Company’s policy is to record interest and penalties on uncertain tax positions, if any, as income tax expense. The Company has filed its applicable extensions for the Federal and State tax returns for the year ended December 31, 2018 giving it until October 15, 2019 to complete their filing. The Company has filed returns for 2017. The Company entered into a share exchange agreement during fiscal year 2017, as a result, pursuant to Internal Revenue Code Section 382, the amount of future taxable income that can be offset by pre-share exchange agreement net operating losses may be limited. The deferred tax asset derived from these tax loss carryforwards have been included in consolidated deferred tax assets - net operating loss carryforwards, and a full valuation allowance has been established since it is not more likely than not that such benefits will be recovered.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Notes
Commitments and Contingencies	9. Commitments and Contingencies Litigation The Company may, from time to time, become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. The Company is currently not aware of any such legal proceedings that it believes will have, individually or in the aggregate, a material adverse effect on its business.

Acquisition of 4M Industrial Ox

Acquisition of 4M Industrial Oxidation, LLC	9 Months Ended
	Sep. 30, 2019
Notes
Acquisition of 4M Industrial Oxidation, LLC	10. Acquisition of 4M Industrial Oxidation, LLC. On April 6, 2017, the Company entered into an Agreement and Plan of Merger, dated April 6, 2017 (the “Merger Agreement”) with an effective date of April 1, 2017, with 4MIO Merger Sub, LLC, a Tennessee limited liability company and wholly-owned subsidiary of the Company (the “Merger Sub”), and 4MIO, for the purposes of consummating a reverse merger (the “Merger”). Pursuant to the Merger Agreement, Merger Sub merged with and into 4MIO, with 4MIO being the surviving company and resulting in 4MIO becoming a wholly owned subsidiary of the Company. The Merger was intended to constitute a tax-free reorganization within the meaning of Section 368 of the United States Internal Revenue Code of 1986, as amended. In the Merger, the members of 4MIO exchanged their membership interests of 4MIO, representing 100% of the outstanding membership interests of 4MIO, for an aggregate of 55 million (55,000,000) shares of Common Stock of the Company which represented approximately 78.46% of the shares of Common Stock of the Company based on an aggregate of 70,096,470 shares of Common Stock outstanding upon consummation of the Merger. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition: ASSETS: Current assets $ 319,983 Property & equipment 603,949 Furniture & fixtures 11,854 Leasehold improvements 73,127 Total $ 1,008,913 LIABILITIES: Current liabilities $ 388,086 Net purchase price $ 620,827

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2019
Notes
Subsequent Events	11. Subsequent Events We have evaluated subsequent events through the date of issuance of the unaudited condensed consolidated financial statements, and below are the material recognizable subsequent events. Issuance of Shares o o o o o o

Significant Accounting Polici_2

Significant Accounting Policies: A) Use of Estimates (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
A) Use of Estimates	a) Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with US 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 financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. 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 Accounting Polici_3

Significant Accounting Policies: B) Principles of Consolidation (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
B) Principles of Consolidation	b) Principles of Consolidation

Significant Accounting Polici_4

Significant Accounting Policies: C) Cash and Cash Equivalents (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
C) Cash and Cash Equivalents	c) Cash and Cash Equivalents For purposes of the statement of cash flows, cash includes demand deposits, saving accounts and money market accounts. The Company considers all highly liquid instruments with maturities of three months or less when purchased to be cash equivalents. At September 30, 2019 and December 31, 2018, the Company had one bank account that exceeded the $250,000 FDIC limit. The Company has opened additional accounts to mitigate the risk of loss and provide additional benefits and bank flexibility.

Significant Accounting Polici_5

Significant Accounting Policies: D) Accounts receivable and concentration of credit risk (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
D) Accounts receivable and concentration of credit risk	d) Accounts receivable and concentration of credit risk The Company currently offers specialized testing services to various carbon fiber manufacturers and companies utilizing carbon fiber to evaluate the efficacy of the technology on their particular products and product lines. The Company typically requires an upfront fee prior to setup and operation of the test runs. At times, some accounts utilize more than the anticipated resources and additional services are invoiced after the fact. This has minimized the risk of default in the collection of accounts receivable. e) Allowance for doubtful accounts The allowance for doubtful accounts is based on the Company’s assessment of the collectability of customer accounts and the aging of the accounts receivable. The Company regularly reviews the adequacy of the Company’s allowance for doubtful accounts through identification of specific receivables where it is expected that payments will not be received. The Company also establishes an unallocated reserve that is applied to all amounts that are not specifically identified. In determining specific receivables where collections may not have been received, the Company reviews past due receivables and gives consideration to prior collection history and changes in the customer’s overall business condition. The allowance for doubtful accounts reflects the Company’s best estimate as of the reporting dates. At September 30, 2019 and December 31, 2018, the Company had an allowance for bad debts in the amount of $0 and $0, respectively.

Significant Accounting Polici_6

Significant Accounting Policies: F) Basic and Diluted Net Loss per Share (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
F) Basic and Diluted Net Loss per Share	f) Basic and Diluted Net Loss per Share The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential shares of common stock outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. There were dilutive potential securities as of June 30, 2019 in the form of convertible debt (see Note 5), however, due to the Company’s loss their effect on EPS was anti-dilutive and therefor did not affect the EPS calculation.

Significant Accounting Polici_7

Significant Accounting Policies: G) Financial Instruments (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
G) Financial Instruments	g) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company did not have any Level 2 or Level 3 assets or liabilities as of September 30, 2019, with the exception of its notes payable. The carrying amounts of these liabilities at September 30, 2019 approximate their respective fair value based on the Company’s incremental borrowing rate. Cash is considered to be highly liquid and easily tradable as of September 30, 2019 and therefore classified as Level 1 within our fair value hierarchy. In addition, FASB ASC 825-10-25 Fair Value Option, or ASC 825-10-25, was effective for January 1, 2008. ASC 825-10-25 expands opportunities to use fair value measurements in financial reporting and permits entities to choose to measure many financial instruments and certain other items at fair value. The Company did not elect the fair value options for any of its qualifying financial instruments

Significant Accounting Polici_8

Significant Accounting Policies: H) Income Taxes (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
H) Income Taxes	h) Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740 “Accounting for Income Taxes” as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in this financial statement because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.

Significant Accounting Polici_9

Significant Accounting Policies: I) Revenue Recognition (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
I) Revenue Recognition	i) Revenue Recognition The Company recognizes revenue in accordance with ASC-605, “Revenue Recognition,” which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or title has passed; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Revenues are recognized (a) for larger construction type projects based on the percentage of completion method; or (b) for direct sales of products, upon shipment, provided that a signed purchase order has been received, the price is fixed, title has transferred, collection of resulting receivables is reasonably assured, and there are no remaining significant obligations. Reserves for sales returns and allowances, based on historical levels of returns and discounts, current economic trends and changes in customer demand. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.

Significant Accounting Polic_10

Significant Accounting Policies: J) Reclassification (Policies)	9 Months Ended
	Sep. 30, 2019
Policies
J) Reclassification	j) Reclassification Certain reclassifications have been made to conform the prior period data to the current presentation. These reclassifications had no effect on reported net loss.

Debt Disclosure_ Convertible De

Debt Disclosure: Convertible Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Tables/Schedules
Convertible Debt	Date September 30, 2019 December 31, 2018 September 7, 2017 $ - $ 20,000 Total $ - $ 20,000 The Company computed the Beneficial Conversion Feature to determine any debt discount. The computations indicated that no discount adjustment was required. At September 30, 2019 and December 31, 2018 convertible notes and debentures consisted of the following: September 30, 2019 December 31, 2018 Convertible notes payable $ - $ 20,000 Unamortized debt discount (-) (-) Carrying amount $ - $ 20,000 Less: current portion (-) (-) Long-term convertible notes, net $ - $ 20,000

Income Taxes_ Schedule of Effec

Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	9 Months Ended
	Sep. 30, 2019
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	September 30, 2019 December 31, 2018 Income tax benefit at Federal statutory rate of 21% $ (773,868) $ (558,600) State Income tax benefit, net of Federal effect (184,254) (133,000) Permanent and other differences 348,586 309,277 Change in valuation allowance 609,536 382,323 Total $ - $ -

Income Taxes_ Components of def

Income Taxes: Components of deferred tax assets were approximately as follows (Tables)	9 Months Ended
	Sep. 30, 2019
Tables/Schedules
Components of deferred tax assets were approximately as follows	Components of deferred tax assets were approximately as follows: September 30, 2019 December 31, 2018 Net operating loss $ 1,825,945 $ 1,217,545 Asset impairment - - Valuation allowance (1,825,945) (1,217,545) Total $ - $ -

Organization and Nature of Op_2

Organization and Nature of Operations (Details)	9 Months Ended
	Sep. 30, 2019
Details
Entity Incorporation, State or Country Code	DE
Entity Incorporation, Date of Incorporation	Jan. 21, 2009

Significant Accounting Polic_11

Significant Accounting Policies: D) Accounts receivable and concentration of credit risk (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Details
Accounts Receivable, Allowance for Credit Loss	$ 0	$ 0

Stockholders' Equity (Details)

Stockholders' Equity (Details) - $ / shares	9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Common Stock, Shares, Outstanding	80,843,499			78,273,588
Common Stock
Common Stock, Shares, Outstanding	80,843,499	80,792,916	78,503,588	78,273,588	77,273,894	76,689,526	75,854,781	72,793,709
Share Issuance Transaction #1
Sale of Stock, Transaction Date	Feb. 1, 2019
Sale of Stock, Number of Shares Issued in Transaction	250,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #2
Sale of Stock, Transaction Date	Feb. 4, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #3
Sale of Stock, Transaction Date	Feb. 11, 2019
Sale of Stock, Number of Shares Issued in Transaction	30,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #4
Sale of Stock, Transaction Date	Mar. 12, 2019
Sale of Stock, Number of Shares Issued in Transaction	30,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #5
Sale of Stock, Transaction Date	Apr. 1, 2019
Sale of Stock, Number of Shares Issued in Transaction	39,996
Sale of Stock, Price Per Share	$ 0.60
Share Issuance Transaction #6
Sale of Stock, Transaction Date	Apr. 1, 2019
Sale of Stock, Number of Shares Issued in Transaction	13,332
Sale of Stock, Price Per Share	$ 0.90
Share Issuance Transaction #7
Sale of Stock, Transaction Date	Apr. 2, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #8
Sale of Stock, Transaction Date	Apr. 3, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #9
Sale of Stock, Transaction Date	Apr. 3, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #10
Sale of Stock, Transaction Date	Apr. 3, 2019
Sale of Stock, Number of Shares Issued in Transaction	8,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #11
Sale of Stock, Transaction Date	Apr. 3, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #12
Sale of Stock, Transaction Date	Apr. 4, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #13
Sale of Stock, Transaction Date	Apr. 4, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #14
Sale of Stock, Transaction Date	Apr. 4, 2019
Sale of Stock, Number of Shares Issued in Transaction	16,667
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #15
Sale of Stock, Transaction Date	Apr. 8, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #16
Sale of Stock, Transaction Date	Apr. 8, 2019
Sale of Stock, Number of Shares Issued in Transaction	26,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #17
Sale of Stock, Transaction Date	Apr. 8, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #18
Sale of Stock, Transaction Date	Apr. 18, 2019
Sale of Stock, Number of Shares Issued in Transaction	33,333
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #19
Sale of Stock, Transaction Date	Apr. 29, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #20
Sale of Stock, Transaction Date	Apr. 30, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #21
Sale of Stock, Transaction Date	May 7, 2019
Sale of Stock, Number of Shares Issued in Transaction	160,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #22
Sale of Stock, Transaction Date	May 8, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #23
Sale of Stock, Transaction Date	May 16, 2019
Sale of Stock, Number of Shares Issued in Transaction	40,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #24
Sale of Stock, Transaction Date	Jun. 5, 2019
Sale of Stock, Number of Shares Issued in Transaction	1,125,000
Sale of Stock, Price Per Share	$ 0.90
Share Issuance Transaction #25
Sale of Stock, Transaction Date	Jun. 5, 2019
Sale of Stock, Number of Shares Issued in Transaction	375,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #26
Sale of Stock, Transaction Date	Jun. 20, 2019
Sale of Stock, Number of Shares Issued in Transaction	12,000
Sale of Stock, Price Per Share	$ 0.90
Share Issuance Transaction #27
Sale of Stock, Transaction Date	Jun. 20, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #28
Sale of Stock, Transaction Date	Jun. 20, 2019
Sale of Stock, Number of Shares Issued in Transaction	20,000
Sale of Stock, Price Per Share	$ 1.50
Share Issuance Transaction #29
Sale of Stock, Transaction Date	Jun. 20, 2019
Sale of Stock, Number of Shares Issued in Transaction	60,000
Sale of Stock, Price Per Share	$ 1.25
Share Issuance Transaction #30
Sale of Stock, Transaction Date	Jul. 11, 2019
Sale of Stock, Number of Shares Issued in Transaction	22,806
Sale of Stock, Price Per Share	$ 1
Share Issuance Transaction #31
Sale of Stock, Transaction Date	Aug. 13, 2019
Sale of Stock, Number of Shares Issued in Transaction	27,777
Sale of Stock, Price Per Share	$ 0.90

Income Taxes_ Schedule of Eff_2

Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Details
Income tax benefit at Federal statutory rate of 21%	$ (773,868)	$ (558,600)
State Income tax benefit, net of Federal effect	(184,254)	(133,000)
Permanent and other differences	348,586	309,277
Change in valuation allowance	$ 609,536	$ 382,323

Income Taxes_ Components of d_2

Income Taxes: Components of deferred tax assets were approximately as follows (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Details
Net operating loss	$ 1,825,945	$ 1,217,545	$ (845,395)	$ (762,784)	$ (3,679,443)	$ (2,815,575)
Asset impairment	0	0
Valuation allowance	$ (1,825,945)	$ (1,217,545)

Income Taxes (Details)

Income Taxes (Details)	Dec. 31, 2018USD ($)
Details
Deferred Tax Assets, Other Loss Carryforwards	$ 4,682,864

Subsequent Events (Details)

Subsequent Events (Details)	9 Months Ended
	Sep. 30, 2019$ / sharesshares
Event #1
Subsequent Event, Date	Oct. 3, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	64,000
Sale of Stock, Price Per Share | $ / shares	$ 1.25
Event #2
Subsequent Event, Date	Oct. 7, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	49,200
Sale of Stock, Price Per Share | $ / shares	$ 1.25
Event 3
Subsequent Event, Date	Oct. 7, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	12,000
Sale of Stock, Price Per Share | $ / shares	$ 1.25
Event 4
Subsequent Event, Date	Oct. 7, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	8,000
Sale of Stock, Price Per Share | $ / shares	$ 1.25
Event 5
Subsequent Event, Date	Oct. 31, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	8,000
Sale of Stock, Price Per Share | $ / shares	$ 1.25
Event 6
Subsequent Event, Date	Nov. 5, 2019
Sale of Stock, Number of Shares Issued in Transaction | shares	40,000
Sale of Stock, Price Per Share | $ / shares	$ 1.25