Coro Global (CGLO) 10-Q 14 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 13, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Hash Labs Inc.
Entity Central Index Key	842,013
Trading Symbol	HLAB
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		21,981,580

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash	$ 292,078	$ 730
Merchant services reserve	4,937	2,938
Total current assets	297,015	3,668
Dino Might program	1,979	1,979
Total assets	298,994	5,647
Current liabilities
Accounts payable and accrued liabilities	55,718	235,589
Bank overdraft	597	1,577
Deferred stock-based compensation	157,820
Note payable - related party	201,187	653,405
Convertible debenture, net - related party	24,930	19,055
Derivative liability convertible note		19,406
Total current liabilities	440,252	929,032
Stockholders' deficit
Preferred stock, value
Common stock, $.0001 par value: 700,000,000 authorized; 19,961,378 and 157,277 shares issued and outstanding on June 30, 2018 and December 31, 2017, respectively	1,996	15
Additional paid-in capital	32,265,481	29,328,064
Accumulated deficit	(32,408,735)	(30,251,465)
Total stockholders' deficit	(141,258)	(923,385)
Total liabilities and stockholders' deficit	298,994	5,647
Series C Preferred Stock [Member]
Stockholders' deficit
Preferred stock, value		$ 1

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	700,000,000	700,000,000
Common stock, shares issued	19,961,378	151,277
Common stock, shares outstanding	19,961,378	151,277
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	7,000	7,000
Preferred stock, shares issued
Preferred stock, shares outstanding	7,000	7,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenue	$ 6,068	$ 12,440	$ 12,967	$ 22,149
Operating expenses
Selling, general and administrative expenses	1,551,810	109,196	1,641,997	215,790
Amortization expense		2,640		2,640
Total operating expenses	1,551,810	111,836	1,641,997	218,430
Loss from operations	(1,545,742)	(99,396)	(1,629,030)	(196,281)
Other expenses
Interest expense	(512,044)	(8,239)	(522,152)	(15,192)
Change in fair value of derivative liabilities	1,439	140	(6,088)	(3,622)
Total other expenses	(510,605)	(8,099)	(528,240)	(18,814)
Net loss	$ (2,056,347)	$ (107,495)	$ (2,157,270)	$ (215,095)
Net loss per common share: basic and diluted	$ (0.11)	$ (0.75)	$ (0.24)	$ (1.5)
Weighted average common shares outstanding: basic and diluted	17,941,942	143,780	9,095,755	143,780

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net loss	$ (2,157,270)	$ (215,095)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	1,407,820
Amortization expense of debt discounts	509,307	2,640
Loss on change in fair value of derivative liability	6,088	3,622
Changes in operating assets and liabilities
Accounts receivable - merchant services reserve	(1,999)
Accounts payable and accrued liabilities	59,129	77,894
Bank overdraft	(980)	2,429
Accrued interest - convertible debenture	8,650	855
Accrued interest - notes payable	4,245	14,337
Net cash used in operating activities	(165,010)	(113,318)
Cash flows from investing activities
Cash paid for Domain names		(17,845)
Net cash used in investing activities		(17,845)
Cash flow from financing activities
Proceeds from notes payable - related party	82,025	118,500
Proceeds from convertible note - related party	41,000
Proceeds from issuance of common stock	333,333
Net cash provided by financing activities	456,358	118,500
Net increase (decrease) in cash and cash equivalents	291,348	(12,663)
Cash and cash equivalents at beginning of period	730	13,118
Cash and cash equivalents at end of period	292,078	455
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Non-cash investing and financing activities:
Debt discount due to beneficial conversion	586,921
Common stock issued from conversion of preferred stock	1
Common stock issued from conversion of debt and accrued interest	484,650
Forgiveness of accrued salary related-party	239,000
Forgiveness of accrued interest related-party	19,999
Extinguishment of derivative associated with related party note	$ 25,494

Basis of Presentation & Going C

Basis of Presentation & Going Concern	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION & GOING CONCERN	NOTE 1 – BASIS OF PRESENTATION & GOING CONCERN Basis of Presentation The accompanying unaudited consolidated financial statements of Hash Labs Inc., a Nevada corporation (the “Company”), have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. These unaudited consolidated financial statements and related notes should be read in conjunction with the Company’s Form 10-K for the fiscal year ended December 31, 2017. In the opinion of management, these unaudited consolidated financial statements reflect all adjustments that are of a normal recurring nature and which are necessary to present fairly the financial position of the Company as of June 30, 2018, and the results of operations and cash flows for the six months ended June 30, 2018 and 2017. The results of operations for the six months ended June 30, 2018 are not necessarily indicative of the results that may be expected for the entire fiscal year. Nature of Business Operations Our Company was originally formed on November 1, 2005 when Bio-Solutions International, Inc. (“Bio-Solutions”) entered into an Agreement and Plan of Merger with OmniMed Acquisition Corp., a Nevada corporation and a wholly-owned subsidiary of Bio-Solutions, OmniMed International, Inc. (“OmniMed”) and the shareholders of OmniMed. Pursuant to the agreement, Bio-Solutions acquired all of the outstanding equity stock from the OmniMed shareholders. As a result, the OmniMed shareholders assumed control of Bio-Solutions and changed the name of the Company to OmniMed International, Inc., effective November 21, 2006. On January 17, 2006, OmniMed changed its name to MedeFile International, Inc. The Company’s business following the closing of this agreement was the sale of an Internet-enabled Personal Health Record (iPHR) system for gathering, digitizing, maintaining, accessing and sharing an individual’s medical records, and in connection therewith, providing a professional service specializing in HIPAA compliant retrieval, reproduction and release of information. Under this service, Company personnel go onsite to physicians’ offices weekly to reproduce the records requested by third parties. In October 2017, the name of the Company was changed to Tech Town Holdings, Inc. to reflect a new business strategy centered on identifying and fostering new or early stage business opportunities being aggressively fueled by digital reinvention and innovation. To that end, our business-building platform was segmented into six focused categories, for which we planned to advance numerous technology development projects: ● Digital News Aggregation ● Digital Entertainment and Gaming ● Digital Health and Wellness ● Cryptocurrencies and Blockchain Technologies ● CannaTech ● Mobile App Design and Development Following close scrutiny of emerging business opportunities, coupled with evaluation of market trends, the Company determined that a more prudent strategy was to narrow its focus. The Company has now concentrated its focus on dynamic global growth opportunities in the financial technology (“Fintech”) industry, with an emphasis on emerging Blockchain or distributed ledger technology (“DLT”). The Company is now developing financial technology solutions to operate on the world’s most advanced DLT, known as Hashgraph. As a result of this concentrated FinTech / DLT focus, the Company was renamed Hash Labs Inc. on January 9, 2018, Going Concern The accompanying unaudited consolidated financial statements have been prepared contemplating a continuation of the Company as a going concern. However, the Company incurred a net loss of $2,157,270 for the six months ended June 30, 2018 and has negative working capital of $143,237 as of June 30, 2018. The accompanying unaudited consolidated financial statements have been prepared assuming the Company will continue as a going concern. The operating losses and working capital deficit raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to obtain additional financing depends on the success of its growth strategy and its future performance, each of which is subject to general economic, financial, competitive, legislative, regulatory and other factors beyond the Company’s control. The unaudited consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. We will need to raise additional capital in order to continue operations. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. Additional financing may not be available on terms acceptable to the Company, or at all. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail or cease our operations. Financial Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU 2014-09 is a comprehensive revenue recognition standard that has superseded nearly all existing revenue recognition guidance under current U.S. GAAP and replaced it with a principle based approach for determining revenue recognition. ASU 2014-09 requires that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. The Company’s primary source of revenue is from providing a professional service that specializes in HIPAA compliant retrieval, reproduction and release of information. Orders are fulfilled as requested, then invoiced. Once payment is received, revenue is recognized when records are delivered. During the fourth quarter of 2017, the Company finalized its assessment related to the new standard and determined that the timing of revenue recognition related to the Company’s revenues will remain consistent between the new standard and the previous standard. The Company adopted ASU 2014-09 effective January 1, 2018 using the modified retrospective method, and there was no cumulative adjustment to retained earnings. Fair Value of Financial Instruments Cash and Equivalents, Deposits In-Transit, Receivables, Prepaid and Other Current Assets, Accounts Payable, Accrued Salaries and Wages and Other Current Liabilities The carrying amounts of these items approximated fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measures, Financial Accounting Standards Board (“FASB”) ASC Topic 820-10-35 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurements). Level 1 Level 2 Level 3 The application of the three levels of the fair value hierarchy under Topic 820-10-35 to our assets and liabilities as of June 30, 2018 and December 31, 2017 are described below: Fair Value Measurements Level 1 Level 2 Level 3 Total June 30, 2018: Liabilities Derivative Liabilities $ - $ - $ - $ - Total $ - $ - $ - $ - December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406 Derivative liability as of June 30, 2018 was $0, compared to $19,406 as of December 31, 2017.

Notes Payable - Related Party

Notes Payable - Related Party	6 Months Ended
	Jun. 30, 2018
Notes Payable - Related Party [Abstract]
NOTES PAYABLE - RELATED PARTY	2. NOTES PAYABLE – RELATED PARTY On March 21, 2018, the Company, entered into an unsecured 7% Promissory Note with a significant shareholder in the amount of $15,000. On April 13, 2018 the significant shareholder entered into another promissory loan in amount of $10,000 with the similar terms. On May 4, 2018 the significant shareholder entered into another promissory loan in amount of $25,000 with the similar terms. On June 6, 2018 the significant shareholder entered into another promissory loan in amount of $32,000 with the similar terms. The notes have a term of 6 months and are unsecured. The note includes interest calculated for the 6 month ended June 30, 2018, from another note owned by the same shareholder. June 30, Notes payable – related party at beginning of period $ - Borrowings on notes payable – related party 82,000 Accumulated interest 1,454 Notes payable – related party $ 83,454 On July 15, 2016, the Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000. The note has a one-year term and was in default as of June 30, 2018. The changes in these notes payable to related party consisted of the following during the six months ended June 30, 2018: June 30, December 31, Notes payable at beginning of period $ 110,688 $ 103,248 Borrowings on notes payable - - Repayment - - Accumulated interest 3,875 7,440 Notes payable – related party $ 114,563 $ 110,688 During the year ended December 31, 2017, the Company entered into five unsecured 7% Promissory Notes with a terms ranging from four to six months. During the year ended December 31, 2017, the Company borrowed a total of $4,275 from the former CEO of the Company, repaid $4,330 to the CEO, and the amount due to the CEO was $3,145 as of December 31, 2017. The CEO loaned an additional $25 during the six months ended June 30, 2018. The total amount due on June 30, 2018 is $3,170. The advance carries 0% interest rate, is unsecured, and is due on demand. Other Related Party Transaction Michael Delin, a former director of the Company, provided accounting services to the Company through an entity he owns. During the six month ended June 30, 2018, the Company paid Mr. Delin $3,500 for such services.

Deffered Stock-Based Compensati

Deffered Stock-Based Compensation - Related Party	6 Months Ended
	Jun. 30, 2018
Deffered Compensation Related Party Abstract
DEFFERED STOCK-BASED COMPENSATION - RELATED PARTY	3. DEFFERED STOCK-BASED COMPENSATION - RELATED PARTY On May 18, 2018, the Company appointed Mark Goode as the new President and Chief Executive Officer of the Company, effective May 18. 2018. He was also appointed a member and Chairman of the Board of Directors of the Company (the “Board”). The Company has entered into an employment agreement on May 18, 2018 (the “Employment Agreement”) with Mr. Goode, which provides for an annual salary and certain other benefits. Pursuant to the Employment Agreement, Mr. Goode’s annual base salary is $96,000, which may increase to up to $216,000 upon Mr. Goode meeting certain milestones set forth in the Employment Agreement related to the Company’s performance and is subject to increases as set from time to time by the Board. Upon the execution of the Employment Agreement, Mr. Goode shall receive 500,000 shares of common stock of the Company valued at $1,250,000 ($2.50 per share). After one year of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance; after two years of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance; and after three years of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance. As of June 30, 2018 the Company accrued $157,820 in accordance with ASC 718-10-55-65 for the portion earned as the terms of such an award do not establish an ownership relationship because the extent to which (or whether) the employee benefits from the award depends on something other than changes in the entity’s share price. Therefore, the awards should be accounted for as a liability award. ASC 718 requires that public companies measure share-based awards classified as liabilities at fair value at each reporting date. In accordance with 718-30-35-3, a public entity shall measure a liability award under a share-based payment arrangement based on the award’s fair value re-measured at each reporting date until the date of settlement. Compensation cost for each period until settlement shall be based on the change (or a portion of the change, depending on the percentage of the requisite service that has been rendered at the reporting date) in the fair value of the instrument for each reporting period.

Convertible Debenture - Related

Convertible Debenture - Related Party	6 Months Ended
	Jun. 30, 2018
Convertible Debenture - Related Party [Abstract]
CONVERTIBLE DEBENTURE - RELATED PARTY	4. CONVERTIBLE DEBENTURE – RELATED PARTY During the year ended December 31, 2016, the Company entered into eight unsecured 7% Promissory Notes with a significant shareholder. During the year ended December 31, 2017, the Company entered into additional unsecured 7% Promissory Notes totaling $215,500. During the first quarter 2018, the Company entered into five additional notes totaling $41,000 with an interest rate of 7%. The notes mature four to 12 months from issuance. On April 3, 2018, the Company entered into an exchange agreement with The Vantage Group Ltd. (“Vantage”). Pursuant to the exchange agreement, Vantage exchanged outstanding promissory notes of the Company in the aggregate principal amount of $518,225 (including accrued interest) held by Vantage for a new convertible promissory note of the Company in the principal amount of $518,225. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.027. The Company recorded a debt discount of $518,225 for the fair value of the beneficial conversion feature. As of June 30, 2018 the Company amortized $492,745 of the debt discount. The Company evaluated the modification under ASC 470-50 and concluded the addition of the conversion qualifies for debt modification which triggered debt extinguishment; however, there was no impact to the income statement as there was no unamortized discounts or other fees paid on the under the prior debt terms. The Company analyzed the conversion option in the notes for derivative accounting treatment under ASC Topic 815, “Derivatives and Hedging” The Company therefore performed an analysis to determine if the conversion option was subject to a beneficial conversion feature and determined that the instrument does have a beneficial conversion feature equivalent. The intrinsic value of a beneficial conversion feature inherent to a convertible note payable, which is not bifurcated and accounted for separately from the convertible note payable and may not be settled in cash upon conversion, is treated as a discount to the convertible note payable. This discount is amortized over the period from the date of issuance to the date the note is due using the effective interest method. If the note payable is retired prior to the end of its contractual term, the unamortized discount is expensed in the period of retirement to interest expense. In general, the beneficial conversion feature is measured by comparing the effective conversion price, after considering the relative fair value of detachable instruments included in the financing transaction, if any, to the fair value of the common shares at the commitment date to be received upon conversion. On April 3, 2018, the Company issued an aggregate of 9,300,000 shares of common stock to Vantage upon the conversion of (i) $241,650 of Vantage’s convertible note and (ii) 7,000 shares of Series C Preferred Stock. In connection with the conversion, Vantage waived any dividends owed to Vantage as the holder of the Series C Preferred Stock. On April 6, 2018, the Company issued an aggregate of 9,000,000 shares of common stock upon the conversion of a convertible note in the principal amount (including accrued interest) of $243,000. The balance of notes payable to related party as of June 30, 2018 June 30, December 31, Notes payable – related party at beginning of period $ 470,603 231,569 Borrowings on notes payable – related party 41,000 215,500 Beneficial conversion feature (518,225 ) - Reclassification to paid in capital of beneficial conversion for conversion to common stock 492,745 - Conversion to common stock (484,650 ) - Accumulated interest 6,622 23,534 Notes payable – related party $ 8,095 470,603 During the year ended December 31, 2017, the Company entered into five unsecured 7% Promissory Notes with a significant shareholder totaling $65,500. On April 3, 2018, the Company entered into an exchange agreement with Lyle Hauser. Pursuant to the exchange agreement, Mr. Hauser exchanged outstanding promissory notes of the Company in the aggregate principal amount of $68,969 (including accrued interest) held by Mr. Hauser for a new convertible promissory note of the Company in the principal amount of $68,969. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.0005. Lyle Hauser (directly and through Vantage, which he owns) is the Company’s largest stockholder. The Company recorded a debt discount of $68,696 for the fair value of the beneficial conversion feature. As of June 30, 2018 the Company amortized $16,562 of the debt discount. The Company evaluated the modification under ASC 470-50 and concluded the addition of the conversion qualifies for debt modification which triggered debt extinguishment; however, there was no impact to the income statement as there was no unamortized discounts or other fees paid on the under the prior debt terms. The Company analyzed the conversion option in the notes for derivative accounting treatment under ASC Topic 815, “Derivatives and Hedging” The Company therefore performed an analysis to determine if the conversion option was subject to a beneficial conversion feature and determined that the instrument does have a beneficial conversion feature equivalent. The intrinsic value of a beneficial conversion feature inherent to a convertible note payable, which is not bifurcated and accounted for separately from the convertible note payable and may not be settled in cash upon conversion, is treated as a discount to the convertible note payable. This discount is amortized over the period from the date of issuance to the date the note is due using the effective interest method. If the note payable is retired prior to the end of its contractual term, the unamortized discount is expensed in the period of retirement to interest expense. In general, the beneficial conversion feature is measured by comparing the effective conversion price, after considering the relative fair value of detachable instruments included in the financing transaction, if any, to the fair value of the common shares at the commitment date to be received upon conversion. The changes in these notes payable to related party consisted of the following during the six months ended June 30, 2018: June 30, December 31, Notes payable at beginning of period $ 68,969 $ - Borrowings on notes payable - 65,500 Beneficial conversion (68,696 ) - Amortization of beneficial conversion feature 16,562 - Accumulated interest 1,084 3,469 Interest transferred to related party (1,084 ) - Notes payable – related party $ 16,835 $ 68,969 The Company entered into two 10% Secured Convertible Debentures with a significant shareholder in the amount of $50,000 on November 4, 2013 and $60,000 on December 17, 2013. The debentures carry a one-year term and are convertible into common stock at conversion price equal to the lower of $400 or 80% of the previous day’s closing price. On June 29, 2018 the significant shareholder forgave the amounts owed, which was effective as of April 3, 2018. The Company recorded a capital contribution of $19,999 during the six months ended June 30, 2018. The changes in these outstanding convertible notes payable to related party consisted of the following during the three months ended June 30, 2018: June 30, December 31, Convertible debenture – related party at beginning of period $ 19,055 $ 17,287 Forgiveness (19,999 ) - Accumulated interest 944 1,768 Convertible debenture – related party at end of period $ - $ 19,055

Derivative Liabilities

Derivative Liabilities	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE LIABILITIES	5. DERIVATIVE LIABILITIES As noted above, the Company entered into two 10% Secured Convertible Debentures with a significant shareholder, one in the amount of $50,000 on November 4, 2013 and the other in the amount of $60,000 on December 17, 2013. The debentures carry a one-year term and are convertible into common stock at a conversion price equal to the lower of $400 or 80% of the previous day’s closing price. On June 29, 2018 the significant shareholder forgave the accrued interest, which was effective as of April 3, 2018. The Company recorded a capital contribution of $25,494 during the six months ended June 30, 2018. The Company assesses the fair value of the convertible debenture using the Black Scholes pricing model and records a derivative liability for the value. The Company then assesses the fair value quarterly based on the Black Scholes Model and increases or decreases the liability to the new value and records a corresponding gain or loss (see below for variables used in assessing the fair value). Due to the variable conversion rates, the Company treats the convertible debenture as a derivative liability in accordance with the provisions of ASC 815 “Derivatives and Hedging” (ASC 815). ASC 815 applies to any freestanding financial instruments or embedded features that have the characteristics of a derivative and to any freestanding financial instruments that potentially settle in an entity’s own common stock. The fair value of the conversion options was determined using the Black-Scholes Option Pricing Model and the following significant assumptions during the six months ended June 30, 2018. June 30, December 31, Risk-free interest rate at grant date 0.45 % 0.45 % Expected stock price volatility 244 % 228 % Expected dividend payout - - Expected option in life-years 1 1 The change in fair value of the conversion option derivative liability consisted of the following during the year ended December 31, 2017: June 30, December 31, Conversion option liability (beginning balance) $ 19,406 $ 12,567 Reclassification to additional paid in capital (25,494 ) Loss on changes in fair market value of conversion option liability 6,088 6,839 Net conversion option liability $ - $ 19,406 Change in fair market value of conversion option liability resulted in a loss of $6,088 for the six months ended June 30, 2018 and $6,839 for the year ended December 31, 2017.

Equity

Equity	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
EQUITY	6. EQUITY On September 29, 2017, the Company filed a Certificate of Designation of Series C Preferred Stock with the Secretary of State of Nevada. The Company authorized 7,000 shares of preferred stock as Series C Preferred Stock. The Company has issued 7,000 shares of Series C Preferred Stock. Each holder of outstanding shares of Series C Preferred Stock shall be entitled to cast the number of votes equal to the number of whole shares of common stock into which the shares of Series C Preferred Stock held by such holder are convertible as of the record date for determining stockholders entitled to vote on such matter. The Series C Preferred Stock is convertible into common stock at a conversion ratio determined by dividing the Series C Original Issue Price of $100 per share by the conversion price of $2.00 (such that each share of Series C Preferred Stock is convertible into 50 shares of common stock). The Series C Preferred Stock will vote on an as-converted basis with the common stock, and in the event any dividends are paid on the common stock, the Series C Preferred Stock will be entitled to dividends on an as-converted basis. If a Distribution Event (as defined in the Series C Certificate of Designation) occurs, the Company will pay to the holders of Series C Preferred Stock $30,000 for every $120,000 received from such Distribution Event, and the number of outstanding shares of Series C Preferred Stock will be reduced by an amount determined by dividing the amount of such payment by the Series C Original Issue Price. A Distribution Event is defined as the receipt by the Company of $120,000 in proceeds from a financing not involving any holder of Series C Preferred Stock, or any fiscal period in which the Company generated gross profits of $120,000 or more. In the event the Corporation shall at any time after the Series C Original Issue Date issue Additional Shares of Common Stock, without consideration or for a consideration per share less than the Series C Conversion Price in effect immediately prior to such issue, then the Series C Conversion Price shall be reduced, concurrently with such issue. On September 29, 2017, the Company issued 7,000 shares of Series C Preferred Shares in connection with an Asset Purchase Agreement. The value of the shares issued amount to $820,451. The valuation of the Preferred Shares was determined by an independent financial analyst. On October 25, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada, pursuant to which a one-for-200 reverse split of its common stock was effected and the Company changed its name to Tech Town Holdings Inc, effective November 2, 2017. All share and per share amounts herein retroactively reflect the split. On May 18, 2018, the Company appointed Mark Goode as the new President and Chief Executive Officer of the Company, effective May 18. 2018. He was also appointed a member and Chairman of the Board of Directors of the Company (the “Board”). The Company has entered into an employment agreement on May 18, 2018 (the “Employment Agreement”) with Mr. Goode, which provides for an annual salary and certain other benefits. Pursuant to the Employment Agreement, Mr. Goode’s annual base salary is $96,000, which may increase to up to $216,000 upon Mr. Goode meeting certain milestones set forth in the Employment Agreement related to the Company’s performance and is subject to increases as set from time to time by the Board. Upon the execution of the Employment Agreement, Mr. Goode shall receive 500,000 shares of common stock of the Company valued at $1,250,000 ($2.50 per share). On April 3, 2018, the Company entered into an exchange agreement with The Vantage Group Ltd. (“Vantage”). Pursuant to the exchange agreement, Vantage exchanged outstanding promissory notes of the Company in the aggregate principal amount of $518,225 (including accrued interest) held by Vantage for a new convertible promissory note of the Company in the principal amount of $518,225. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.027. The Company recorded a debt discount of $518,225 for the fair value of the beneficial conversion feature. On April 3, 2018, the Company entered into an exchange agreement with Lyle Hauser. Pursuant to the exchange agreement, Mr. Hauser exchanged outstanding promissory notes of the Company in the aggregate principal amount of $68,969 (including accrued interest) held by Mr. Hauser for a new convertible promissory note of the Company in the principal amount of $68,969. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.0005. Lyle Hauser (directly and through Vantage, which he owns) is the Company’s largest stockholder. The Company recorded a debt discount of $68,696 for the fair value of the beneficial conversion feature. On April 3, 2018, the Company issued an aggregate of 9,300,000 shares of common stock to Vantage upon the conversion of (i) $241,650 of Vantage’s convertible note and (ii) 7,000 shares of Series C Preferred Stock. In connection with the conversion, Vantage waived any dividends owed to Vantage as the holder of the Series C Preferred Stock. On April 6, 2018, the Company issued an aggregate of 9,000,000 shares of common stock upon the conversion of a convertible note in the principal amount (including accrued interest) of $243,000. On June 25, 2018, the Company entered into a subscription agreement with an accredited investor pursuant to which the Company agreed to sell, and the Investor agreed to purchase, an aggregate of 1,010,101 shares of the Company’s common stock, for an aggregate purchase price equal to $333,333. The closing of this subscription agreement has occurred. On June 29, 2018 the significant shareholder forgave the amounts owed. The Company recorded a capital contribution of $19,999. See Note 4. The Company recorded a capital contribution of $35,294 during the six months ended June 30, 2018 for the extinguishment of the derivative. See Note 5. On June 29, 2018, two related parties forgave a total of $239,000 of accrued compensation. The amounts have been recorded as a capital contribution.

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENT	7. SUBSEQUENT EVENT Subsequent to June 30, 2018, the Company entered into a subscription agreement with an accredited investor pursuant to which the Company sold to the investor an aggregate of 2,020,202 shares of the Company’s common stock, for an aggregate purchase price equal to $666,667. Subsequent to June 30, 2018, the Company’s attorney forgave legal fees in the amount of $52,020.

Basis of Presentation & Going13

Basis of Presentation & Going Concern (Policies)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Hash Labs Inc., a Nevada corporation (the “Company”), have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. These unaudited consolidated financial statements and related notes should be read in conjunction with the Company’s Form 10-K for the fiscal year ended December 31, 2017. In the opinion of management, these unaudited consolidated financial statements reflect all adjustments that are of a normal recurring nature and which are necessary to present fairly the financial position of the Company as of June 30, 2018, and the results of operations and cash flows for the six months ended June 30, 2018 and 2017. The results of operations for the six months ended June 30, 2018 are not necessarily indicative of the results that may be expected for the entire fiscal year.
Nature of Business Operations	Nature of Business Operations Our Company was originally formed on November 1, 2005 when Bio-Solutions International, Inc. (“Bio-Solutions”) entered into an Agreement and Plan of Merger with OmniMed Acquisition Corp., a Nevada corporation and a wholly-owned subsidiary of Bio-Solutions, OmniMed International, Inc. (“OmniMed”) and the shareholders of OmniMed. Pursuant to the agreement, Bio-Solutions acquired all of the outstanding equity stock from the OmniMed shareholders. As a result, the OmniMed shareholders assumed control of Bio-Solutions and changed the name of the Company to OmniMed International, Inc., effective November 21, 2006. On January 17, 2006, OmniMed changed its name to MedeFile International, Inc. The Company’s business following the closing of this agreement was the sale of an Internet-enabled Personal Health Record (iPHR) system for gathering, digitizing, maintaining, accessing and sharing an individual’s medical records, and in connection therewith, providing a professional service specializing in HIPAA compliant retrieval, reproduction and release of information. Under this service, Company personnel go onsite to physicians’ offices weekly to reproduce the records requested by third parties. In October 2017, the name of the Company was changed to Tech Town Holdings, Inc. to reflect a new business strategy centered on identifying and fostering new or early stage business opportunities being aggressively fueled by digital reinvention and innovation. To that end, our business-building platform was segmented into six focused categories, for which we planned to advance numerous technology development projects: ● Digital News Aggregation ● Digital Entertainment and Gaming ● Digital Health and Wellness ● Cryptocurrencies and Blockchain Technologies ● CannaTech ● Mobile App Design and Development Following close scrutiny of emerging business opportunities, coupled with evaluation of market trends, the Company determined that a more prudent strategy was to narrow its focus. The Company has now concentrated its focus on dynamic global growth opportunities in the financial technology (“Fintech”) industry, with an emphasis on emerging Blockchain or distributed ledger technology (“DLT”). The Company is now developing financial technology solutions to operate on the world’s most advanced DLT, known as Hashgraph. As a result of this concentrated FinTech / DLT focus, the Company was renamed Hash Labs Inc. on January 9, 2018,
Going Concern	Going Concern The accompanying unaudited consolidated financial statements have been prepared contemplating a continuation of the Company as a going concern. However, the Company incurred a net loss of $2,157,270 for the six months ended June 30, 2018 and has negative working capital of $143,237 as of June 30, 2018. The accompanying unaudited consolidated financial statements have been prepared assuming the Company will continue as a going concern. The operating losses and working capital deficit raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to obtain additional financing depends on the success of its growth strategy and its future performance, each of which is subject to general economic, financial, competitive, legislative, regulatory and other factors beyond the Company’s control. The unaudited consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. We will need to raise additional capital in order to continue operations. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. Additional financing may not be available on terms acceptable to the Company, or at all. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail or cease our operations.
Financial Accounting Pronouncements	Financial Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU 2014-09 is a comprehensive revenue recognition standard that has superseded nearly all existing revenue recognition guidance under current U.S. GAAP and replaced it with a principle based approach for determining revenue recognition. ASU 2014-09 requires that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. The Company’s primary source of revenue is from providing a professional service that specializes in HIPAA compliant retrieval, reproduction and release of information. Orders are fulfilled as requested, then invoiced. Once payment is received, revenue is recognized when records are delivered. During the fourth quarter of 2017, the Company finalized its assessment related to the new standard and determined that the timing of revenue recognition related to the Company’s revenues will remain consistent between the new standard and the previous standard. The Company adopted ASU 2014-09 effective January 1, 2018 using the modified retrospective method, and there was no cumulative adjustment to retained earnings.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Cash and Equivalents, Deposits In-Transit, Receivables, Prepaid and Other Current Assets, Accounts Payable, Accrued Salaries and Wages and Other Current Liabilities The carrying amounts of these items approximated fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measures, Financial Accounting Standards Board (“FASB”) ASC Topic 820-10-35 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurements). Level 1 Level 2 Level 3 The application of the three levels of the fair value hierarchy under Topic 820-10-35 to our assets and liabilities as of June 30, 2018 and December 31, 2017 are described below: Fair Value Measurements Level 1 Level 2 Level 3 Total June 30, 2018: Liabilities Derivative Liabilities $ - $ - $ - $ - Total $ - $ - $ - $ - December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406 Derivative liability as of June 30, 2018 was $0, compared to $19,406 as of December 31, 2017.

Basis of Presentation & Going14

Basis of Presentation & Going Concern (Tables)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of three levels of fair value hierarchy to assets and liabilities	Fair Value Measurements Level 1 Level 2 Level 3 Total June 30, 2018: Liabilities Derivative Liabilities $ - $ - $ - $ - Total $ - $ - $ - $ - December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406

Notes Payable - Related Party (

Notes Payable - Related Party (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Payable Related Party One [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	June 30, Notes payable – related party at beginning of period $ - Borrowings on notes payable – related party 82,000 Accumulated interest 1,454 Notes payable – related party $ 83,454
Notes Payable Related Party Two [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	June 30, December 31, Notes payable at beginning of period $ 110,688 $ 103,248 Borrowings on notes payable - - Repayment - - Accumulated interest 3,875 7,440 Notes payable – related party $ 114,563 $ 110,688

Convertible Debenture - Relat16

Convertible Debenture - Related Party (Tables)	6 Months Ended
	Jun. 30, 2018
ConvertibleDebentureRelatedPartyLineItemLineItems [Line Items]
Schedule of outstanding convertible notes payable to related party	June 30, December 31, Convertible debenture – related party at beginning of period $ 19,055 $ 17,287 Forgiveness (19,999 ) - Accumulated interest 944 1,768 Convertible debenture – related party at end of period $ - $ 19,055
Notes Payable Related Party [Member]
ConvertibleDebentureRelatedPartyLineItemLineItems [Line Items]
Summary of changes in notes payable to related party	June 30, December 31, Notes payable – related party at beginning of period $ 470,603 231,569 Borrowings on notes payable – related party 41,000 215,500 Beneficial conversion feature (518,225 ) - Reclassification to paid in capital of beneficial conversion for conversion to common stock 492,745 - Conversion to common stock (484,650 ) - Accumulated interest 6,622 23,534 Notes payable – related party $ 8,095 470,603
Outstanding Convertible Notes Payable [Member]
ConvertibleDebentureRelatedPartyLineItemLineItems [Line Items]
Summary of changes in notes payable to related party	June 30, December 31, Notes payable at beginning of period $ 68,969 $ - Borrowings on notes payable - 65,500 Beneficial conversion (68,696 ) - Amortization of beneficial conversion feature 16,562 - Accumulated interest 1,084 3,469 Interest transferred to related party (1,084 ) - Notes payable – related party $ 16,835 $ 68,969

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of the conversion options	June 30, December 31, Risk-free interest rate at grant date 0.45 % 0.45 % Expected stock price volatility 244 % 228 % Expected dividend payout - - Expected option in life-years 1 1
Schedule of fair value of the conversion option derivative liability	June 30, December 31, Conversion option liability (beginning balance) $ 19,406 $ 12,567 Reclassification to additional paid in capital (25,494 ) Loss on changes in fair market value of conversion option liability 6,088 6,839 Net conversion option liability $ - $ 19,406

Basis of Presentation & Going18

Basis of Presentation & Going Concern (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Liabilities
Derivative Liabilities		$ 19,406
Total		19,406
Fair Value, Inputs, Level 1 [Member]
Liabilities
Derivative Liabilities
Total
Fair Value, Inputs, Level 2 [Member]
Liabilities
Derivative Liabilities
Total
Fair Value, Inputs, Level 3 [Member]
Liabilities
Derivative Liabilities		19,406
Total		$ 19,406

Basis of Presentation & Going19

Basis of Presentation & Going Concern (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Derivative liability					$ 19,406
Net loss	(2,056,347)	$ (107,495)	(2,157,270)	$ (215,095)
Negative working capital	$ 143,237		$ 143,237
Unsecured promissory notes, description					The Company entered into five unsecured 7% Promissory Notes with a terms ranging from four to six months.

Notes Payable - Related Party20

Notes Payable - Related Party (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Short-term Debt [Line Items]
Borrowings on notes payable - related party	$ 82,025	$ 118,500
Notes Payable Related Party One [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period
Borrowings on notes payable - related party	82,000
Accumulated interest	1,454
Notes payable - related party	83,454
Notes Payable Related Party Two [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period	110,688	$ 103,248	103,248
Borrowings on notes payable - related party
Repayment
Accumulated interest			7,440
Notes payable - related party	$ 114,563		$ 110,688

Notes Payable - Related Party21

Notes Payable - Related Party (Details Textual) - USD ($)	Jul. 15, 2016	Jul. 15, 2016	Nov. 04, 2013	Mar. 21, 2018	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016	Jun. 06, 2018	May 04, 2018	Apr. 13, 2018
Note Payable - Related Party (Textual)
Unsecured promissory notes, description						The Company entered into five unsecured 7% Promissory Notes with a terms ranging from four to six months.
Convertible Debt Securities [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, description					The Company entered into five additional notes totaling $41,000 with an interest rate of 7	The Company entered into additional unsecured 7% Promissory Notes totaling $215,500.
Unsecured promissory notes total					$ 277,000	$ 300,000
Unsecured promissory notes issuance and total					$ 41,000
Unsecured promissory notes, term					6 months
Shareholder [Member] | Convertible Debt Securities [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, description	The Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000.	The Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000.	The Company entered into two 10% Secured Convertible Debentures.	The Company, entered into an unsecured 7% Promissory Note with a significant shareholder in the amount of $15,000.		The Company entered into five unsecured 7% Promissory Notes.	The Company entered into eight unsecured 7% Promissory Notes with a significant shareholder.
Unsecured promissory notes total	$ 100,000	$ 100,000		$ 15,000		$ 65,500	$ 222,000	$ 32,000	$ 25,000	$ 10,000
Unsecured promissory notes issuance and total					$ 65,500
Unsecured promissory notes, term				1 year	1 year
Shareholder [Member] | Convertible Debt Securities [Member] | Maximum [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, term						6 months
Shareholder [Member] | Convertible Debt Securities [Member] | Minimum [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, term						5 months
Director [Member]
Note Payable - Related Party (Textual)
Amount paid for services					$ 3,500
Chief Executive Officer [Member]
Note Payable - Related Party (Textual)
Total borrowings amount					25	$ 4,275
Total expenses						4,330
Amount due to the CEO					$ 3,170	$ 3,145
Percentage of advance carries interest rate					0.00%

Deffered Stock-Based Compensa22

Deffered Stock-Based Compensation - Related Party (Details) - USD ($)	1 Months Ended
	May 18, 2018	Jun. 30, 2018	Dec. 31, 2017
Common stock shares issued		19,961,378	151,277
Common stock, value		$ 1,996	$ 15
Mark Goode [Member] | Employment Agreement [Member]
Annual base salary	$ 96,000
Increase annual base salary maximum	$ 216,000
Deferred compensation related party, description	After one year of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance; after two years of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance; and after three years of employment by the Company as the Chief Executive Officer, the Company shall issue to Mr. Goode additional shares of common stock of the Company equal to 1% of the outstanding shares of the Company at the time of such issuance.
Common stock shares issued	500,000
Common Stock, per share	$ 2.50
Common stock, value	$ 1,250,000

Convertible Debenture - Relat23

Convertible Debenture - Related Party (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Borrowings on notes payable - related party	$ 82,025	$ 118,500
Notes Payable Related Party [Member]
Notes payable - related party at beginning of period	470,603	231,569	$ 231,569
Borrowings on notes payable - related party	41,000		215,500
Beneficial conversion feature	(518,225)
Reclassification to paid in capital of beneficial conversion for conversion to common stock	492,745
Conversion to common stock	(484,650)
Accumulated interest	6,622		23,534
Notes payable - related party	8,095		470,603
Outstanding Convertible Notes Payable [Member]
Notes payable - related party at beginning of period	68,969
Borrowings on notes payable - related party			65,500
Beneficial conversion feature	(68,696)
Amortization of beneficial conversion feature	16,562
Accumulated interest	1,084		3,469
Interest transferred to related party	(1,084)
Notes payable - related party	$ 16,835		$ 68,969

Convertible Debenture - Relat24

Convertible Debenture - Related Party (Details 1) - USD ($)	1 Months Ended	6 Months Ended	12 Months Ended
	Apr. 03, 2018	Jun. 30, 2018	Dec. 31, 2017
Convertible Debenture - Related Party [Abstract]
Convertible debenture - related party at beginning of period		$ 19,055	$ 17,287
Forgiveness	$ (19,999)	(19,999)
Accumulated interest		944	1,768
Convertible debenture - related party at end of period		$ 24,930	$ 19,055

Convertible Debenture - Relat25

Convertible Debenture - Related Party (Details Textual) - USD ($)	Jul. 15, 2016	Jul. 15, 2016	Nov. 04, 2013	Apr. 03, 2018	Mar. 21, 2018	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 17, 2013
Convertible Debenture - Related Party (Textual)
Convertible debentures, description							The Company entered into five unsecured 7% Promissory Notes with a terms ranging from four to six months.
Forgiveness				$ 19,999		$ 19,999
Convertible Debt Securities [Member]
Convertible Debenture - Related Party (Textual)
Convertible debentures, description						The Company entered into five additional notes totaling $41,000 with an interest rate of 7	The Company entered into additional unsecured 7% Promissory Notes totaling $215,500.
Convertible Debt Securities [Member] | Shareholder [Member]
Convertible Debenture - Related Party (Textual)
Convertible debentures, description	The Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000.	The Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000.	The Company entered into two 10% Secured Convertible Debentures.		The Company, entered into an unsecured 7% Promissory Note with a significant shareholder in the amount of $15,000.		The Company entered into five unsecured 7% Promissory Notes.	The Company entered into eight unsecured 7% Promissory Notes with a significant shareholder.
Convertible Debt Securities [Member] | Related Party [Member]
Convertible Debenture - Related Party (Textual)
Convertible debenture			$ 50,000						$ 60,000
Convertible Debt Securities [Member] | Vantage Group Ltd [Member]
Convertible Debenture - Related Party (Textual)
Convertible debentures, description				The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.027.
Amortization Of DebtDiscount				$ 492,745
Reclassification to paid in capital of beneficial conversion for conversion to common stock				518,225
Principal amount				$ 518,225
Convertible Debt Securities [Member] | Lyle Hauser [Member]
Convertible Debenture - Related Party (Textual)
Convertible debentures, description				The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.0005.
Amortization Of DebtDiscount				$ 16,562
Reclassification to paid in capital of beneficial conversion for conversion to common stock				68,969
Principal amount				$ 68,969

Derivative Liabilities (Details

Derivative Liabilities (Details) - Warrant [Member]	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Schedule of fair value of the conversion options
Risk-free interest rate at grant date	0.45%	0.45%
Expected stock price volatility	244.00%	228.00%
Expected dividend payout
Expected option in life-years	1 year	1 year

Derivative Liabilities (Detai27

Derivative Liabilities (Details 1) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Schedule of fair value of the conversion option derivative liability
Conversion option liability (beginning balance)	$ 19,406
Net conversion option liability		$ 19,406
Conversion Option [Member]
Schedule of fair value of the conversion option derivative liability
Conversion option liability (beginning balance)	19,406	12,567
Reclassification to additional paid in capital	(25,494)
Loss on changes in fair market value of conversion option liability	6,088	6,839
Net conversion option liability		$ 19,406

Derivative Liabilities (Detai28

Derivative Liabilities (Details Textual)	Dec. 17, 2013USD ($)SecuredConvertibleDebentures	Nov. 04, 2013USD ($)SecuredConvertibleDebentures	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Derivative Liabilities (Textual)
Capital contribution			$ 25,494
Convertible Debt Securities [Member]
Derivative Liabilities (Textual)
Secured convertible debentures interest rate	10.00%	10.00%
Term on secured convertible debentures	1 year	1 year
Conversion of features, description			The debentures carry a one-year term and are convertible into common stock at a conversion price equal to the lower of $400 or 80% of the previous day's closing price.
Change in fair market value of conversion option liability			$ 7,527	$ 6,839
Convertible debenture issued	$ 60,000	$ 50,000
Number of secured convertible debentures | SecuredConvertibleDebentures	2	2

Equity (Details)

Equity (Details) - USD ($)	May 18, 2018	Apr. 06, 2018	Jun. 25, 2018	Apr. 03, 2018	Oct. 25, 2017	Sep. 30, 2017	Sep. 29, 2017	Jun. 30, 2018	Jun. 29, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Preferred stock, shares authorized								10,000,000		10,000,000
Preferred stock, shares issued
Common stock reverse split, description					One-for-200 reverse split
Common stock, par value								$ 0.0001		$ 0.0001
Capital contribution								$ 35,294	$ 19,999
Accrued compensation									$ 239,000
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized							7,000	7,000		7,000
Preferred stock, shares issued							7,000
Description of convertible preferred stock							The Series C Preferred Stock is convertible into common stock at a conversion ratio determined by dividing the Series C Original Issue Price of $100 per share by the conversion price of $2.00 (such that each share of Series C Preferred Stock is convertible into 50 shares of common stock).
Payments of shareholders							$ 30,000
Proceeds from issuance of preferred stock							120,000
Received from such distribution event							$ 120,000
Gross profits of shares								$ 120,000
Stock issued shares value						$ 820,451
Stock Issued shares						7,000
Aggregate of common stock shares issued, value				$ 7,000
Convertible note [Member]
Class of Stock [Line Items]
Aggregate of common stock shares issued		9,000,000
Aggregate of common stock shares issued, value		$ 243,000
Chief Executive Officer [Member]
Class of Stock [Line Items]
Employment agreement, description	The Company has entered into an employment agreement on May 18, 2018 (the “Employment Agreement”) with Mr. Goode, which provides for an annual salary and certain other benefits. Pursuant to the Employment Agreement, Mr. Goode’s annual base salary is $96,000, which may increase to up to $216,000 upon Mr. Goode meeting certain milestones set forth in the Employment Agreement related to the Company’s performance and is subject to increases as set from time to time by the Board. Upon the execution of the Employment Agreement, Mr. Goode shall receive 500,000 shares of common stock of the Company valued at $1,250,000 ($2.50 per share).
Lyle Hauser [Member]
Class of Stock [Line Items]
Convertible price				$ 0.0005
Aggregate principal amount				$ 68,969
Convertible promissory note principal amount				$ 68,969
Percentage of interest rate				7.00%
Vantage Group Ltd [Member]
Class of Stock [Line Items]
Aggregate of common stock shares issued				9,300,000
Aggregate of common stock shares issued, value				$ 241,650
Convertible price				$ 0.027
Aggregate principal amount				$ 518,225
Convertible promissory note principal amount				$ 518,225
Percentage of interest rate				7.00%
Subscription agreement [Member]
Class of Stock [Line Items]
Aggregate of common stock shares issued			1,010,101
Aggregate of common stock shares issued, value			$ 333,333
Common stock, par value			$ 0.0001

Subsequent Event (Details)

Subsequent Event (Details)	6 Months Ended
	Jun. 30, 2018USD ($)$ / sharesshares
Subsequent Events [Abstract]
Aggregate shares, issued | shares	2,020,202
Common stock, par value | $ / shares	$ 0.0001
Aggregate purchase price	$ 666,667
Legal fees	$ 52,020