Fomo Worldwide (IGOT) 10-Q/A 16 Aug 19 2019 Q2 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 15, 2019
Document And Entity Information
Entity Registrant Name	2050 MOTORS, INC.
Entity Central Index Key	0000867028
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity's Reporting Status Current	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,483,910,989
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019

Condensed Balance Sheets (Unaud

Condensed Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash	$ 50	$ 1
Total current assets	50	1
Other assets:
Investments	306,220
Total assets	306,270	1
Current liabilities
Accounts payable	26,800	22,049
Tax payable		2,864
Accrued expenses	623,671	626,299
Accured interest on loans payable	34,039	49,740
Loans payable due to non-related parties, net	229,767	250,019
Deposits	21,947	21,947
Derivative liablity	345,155	876,058
Total current liabilities	1,281,379	1,848,976
Total liabilities	1,281,379	1,848,976
Stockholders' deficit
Common stock; no par value authorized: 3,000,000,000 shares at June 30, 2019 and December 31, 2018, respectively: issued and outstanding 806,611,944 at June 30, 2019 and 623,964,144 at December 31, 2018, respectively	3,518,111	3,405,360
Additional paid-in-capital	978,415	536,356
Accumulated deficit	(5,597,075)	(5,960,691)
Common stock issuable	125,000	125,000
Total stockholders' deficit	(975,109)	(1,848,975)
Total liabilities and stockholders' deficit	306,270	1
Preferred Class A [Member]
Stockholders' deficit
Preferred stock,value	300	45,000
Preferred Class B [Member]
Stockholders' deficit
Preferred stock,value	40
Preferred Class C [Member]
Stockholders' deficit
Preferred stock,value	$ 100

Condensed Balance Sheets (Una_2

Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Common stock, no par value
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, shares issued	806,611,944	623,964,144
Common stock, shares outstanding	806,611,944	623,964,144
Preferred Class A [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	3,000,000	3,000,000
Preferred stock, shares issued	3,000,000	3,000,000
Preferred stock, shares outstanding	3,000,000	3,000,000
Preferred stock, dividend	1.00%	1.00%
Preferred Class B [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	6,000,000	6,000,000
Preferred stock, shares issued	400,000	0
Preferred stock, shares outstanding	400,000	0
Preferred Class C [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	1,000,000	0
Preferred stock, shares outstanding	1,000,000	0
Preferred Class B [Member]
Preferred stock, dividend	1.00%	1.00%
Preferred Class C [Member]
Preferred stock, dividend	1.00%	1.00%

Condense Statement of Operation

Condense Statement of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Operating revenue
Operating expenses:
General and administrative	37,243	59,272	71,597	169,598
Net loss from operations	(37,243)	(59,272)	(71,597)	(169,598)
Other income (expenses)
Interest expense	(30,889)	(416,526)	(183,259)	(667,565)
Loss on investment	(130,000)		(130,000)
Impairment loss				(50,000)
Derivative liability gain (loss)	1,294,540	1,062,611	522,173	(1,706)
Debt conversion gain (loss)		(163,246)		(179,980)
Debt settlement gain (loss)	226,299		226,299	948
Other income, net		1,000		1,000
Total other income (expenses)	1,359,950	483,839	435,213	(897,303)
Income (loss) before income taxes	1,322,707	424,567	363,616	(1,066,901)
Provision for income taxes
Net income (loss)	$ 1,322,707	$ 424,567	$ 363,616	$ (1,066,901)
Net income (loss) per share, basic and diluted	$ 0.0018	$ 0.0027	$ 0.0005	$ (0.010)
Weighted average common equivalent share outstanding, basic and diluted	752,517,257	156,656,836	711,281,189	115,578,342

Condensed Statement of Stockhol

Condensed Statement of Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Common Stock Issuable [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Preferred Stock Class A [Member]	Preferred Stock Class B [Member]	Preferred Stock Class C [Member]	Total
Beginning balance at Dec. 31, 2017	$ 2,474,146	$ 140,000	$ 94,650	$ (4,059,248)				$ (1,350,452)
Beginning balance, shares at Dec. 31, 2017	47,860,512
Extinquishment of derivative liability			263,395					263,395
Reclassification of warrants to derivative liability			(42,900)					(42,900)
Equity offering costs			(9,375)					(9,375)
Shares issued for reduction of debt	$ 160,728							160,728
Shares issued for reduction of debt, shares	54,954,114
Shares issued for services					$ 45,000			45,000
Shares issued for services, shares					3,000,000
Net loss				(1,491,467)				(1,491,467)
Ending balance at Mar. 31, 2018	$ 2,634,874	140,000	305,770	(5,550,715)	$ 45,000			(2,425,071)
Ending balance, shares at Mar. 31, 2018	102,814,626				3,000,000
Beginning balance at Dec. 31, 2017	$ 2,474,146	140,000	94,650	(4,059,248)				(1,350,452)
Beginning balance, shares at Dec. 31, 2017	47,860,512
Net loss								(1,066,901)
Ending balance at Jun. 30, 2018	$ 2,980,173	125,000	536,356	(5,126,149)	$ 45,000			(1,439,620)
Ending balance, shares at Jun. 30, 2018	188,677,326				3,000,000
Beginning balance at Mar. 31, 2018	$ 2,634,874	140,000	305,770	(5,550,715)	$ 45,000			(2,425,071)
Beginning balance, shares at Mar. 31, 2018	102,814,626				3,000,000
Extinquishment of derivative liability			239,961					239,961
Shares issued for services	$ 12,500	(15,000)						(2,500)
Shares issued for services, shares	5,000,000
Conversion of convertible debt	$ 204,599							204,599
Conversion of convertible debt, shares	38,222,700
Conversion of related party loc	$ 81,600							81,600
Conversion of related party loc, shares	24,000,000
Conversion of related party loans	$ 31,600							31,600
Conversion of related party loans,shares	12,640,000
Amortization of issuance costs			(9,375)					(9,375)
Common stock issued for subscription	$ 15,000							15,000
Common stock issued for subscription, shares	6,000,000
Net loss				424,566				424,567
Ending balance at Jun. 30, 2018	$ 2,980,173	125,000	536,356	(5,126,149)	$ 45,000			(1,439,620)
Ending balance, shares at Jun. 30, 2018	188,677,326				3,000,000
Beginning balance at Dec. 31, 2018	$ 3,405,360	125,000	536,356	(5,960,691)	$ 45,000			(1,848,975)
Beginning balance, shares at Dec. 31, 2018	623,964,144				3,000,000
Conversion of convertible debt	$ 28,210							28,210
Conversion of convertible debt, shares	98,106,500
Net loss				(959,091)				(959,091)
Ending balance at Mar. 31, 2019	$ 3,433,570	$ 125,000	$ 536,356	$ (6,919,782)	$ 45,000			$ (2,779,856)
Ending balance, shares at Mar. 31, 2019	722,070,644				3,000,000
Beginning balance at Dec. 31, 2018	$ 3,405,360	$ 125,000	$ 536,356	$ (5,960,691)	$ 45,000			$ (1,848,975)
Beginning balance, shares at Dec. 31, 2018	623,964,144				3,000,000
Net loss								363,616
Ending balance at Jun. 30, 2019	$ 3,518,111	125,000	978,415	(5,597,075)	$ 300	$ 40	$ 100	(975,109)
Ending balance, shares at Jun. 30, 2019	806,611,944				3,000,000	400,000	1,000,000
Beginning balance at Mar. 31, 2019	$ 3,433,570	$ 125,000	$ 536,356	$ (6,919,782)	$ 45,000			$ (2,779,856)
Beginning balance, shares at Mar. 31, 2019	722,070,644				3,000,000
Conversion of convertible debt	$ 84,541		$ (26,601)					$ 57,940
Conversion of convertible debt, shares	84,541,300
Preferred Stock no par returned					$ (45,000)			$ (45,000)
Preferred Stock no par returned, shares					(3,000,000)
Preferred CL A Stock issued for investment			44,700		$ 300			45,000
Preferred CL A Stock issued for investment, shares					3,000,000
Preferred CL B Stock issued for investment			423,960			$ 40		424,000
Preferred CL B Stock issued for investment, shares						400,000
Preferred CL C Stock issued for investment							$ 100	100
Preferred CL C Stock issued for investment, shares							1,000,000
Net loss				1,322,707				1,322,707
Ending balance at Jun. 30, 2019	$ 3,518,111	$ 125,000	$ 978,415	$ (5,597,075)	$ 300	$ 40	$ 100	$ (975,109)
Ending balance, shares at Jun. 30, 2019	806,611,944				3,000,000	400,000	1,000,000

Condensed Statement of Stockh_2

Condensed Statement of Stockholders' Deficit (Parenthetical) - $ / shares	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018
Preferred Stock Class A [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Preferred Stock Class B [Member]
Preferred stock, par value	0.0001	0.0001	0.0001	0.0001
Preferred Stock Class C [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows provided by (used for) operating activities:
Net income (loss)	$ 363,616	$ (1,066,901)
Adjustments to resoncile net loss to net cash provided by (used for) operating activities:
Depreciation		13,516
Amortization of debt discount	173,920	142,167
Amortization of deferred finance costs		9,950
Capitalization of unpaid officer salaries
Impairment loss		50,000
Penalty interest expense on non-related loan payables		276,299
Debt settlement (income) loss		179,980
Issuance of common stock for services	(100)	12,500
Issuance ocommon stock for interest on cash advance
Issuance of preferred stock for services		45,000
Derivative liability adjustment	(522,173)	1,706
Interest expensse from initial derivative liability		160,386
Loss on investment	130,000
Increase (decrease) in assets and liabilities:
Accounts payable	4,751	6,293
Income tax payable		(800)
Accrued expenses	38,698
Tax payable	(2,864)
Accrued interest on loans payable		60,981
Net cash used for operating activities	(40,451)	(108,923)
Cash flows provided by (used for) Financing activities
Proceeds from non-related loans	40,500	114,500
Proceeds from sale of common stock
Payments made on revolving line of credit from related party		(6,067)
Net cash provided by (used for) financing activities	40,500	108,433
Net (decrease increase in cash	49	(490)
Cash, beginning of period	1	499
Cash, end of period	50	9
Supplemental disclosure of cash flow information
Amortization of deferred finance cost from non-cash transaction		18,750
Common stock issued for debt	28,819	478,527
Debt discount from convertible loan	40,500	89,389
Reclassification of derivative liabilitiy	39,852	500,987
Interest paid		$ 33,484

Basis of Presentation and Organ

Basis of Presentation and Organization	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Organization	Note 1 – BASIS OF PRESENTATION AND ORGANIZATION 2050 Motors, Inc. (“2050 Motors” or “the Company”) is the successor to an entity incorporated on April 22, 1986 in the state of California. 2050 Motors, Inc., the Company’s sole operating subsidiary by the same name, was incorporated on October 9, 2012 in the state of Nevada to import, market, and sell electric cars manufactured in China. On May 2, 2014, 2050 Motors, Inc. (Nevada) sold its business, operations and assets to the Company, whose sole business at the time was to identify, evaluate, and investigate various companies to acquire or with which to merge. Upon consummation of the acquisition of 2050 Motors, Inc., the Company’s sole business became the business of the Company and the public Company renamed itself “2050 Motors, Inc.” On October 25, 2012, 2050 Motors entered into an agreement with Jiangsu Aoxin New Energy Automobile Co., Ltd., (“Aoxin”), located in Jiangsu, China, for the distribution in the United States of a new electric automobile, known as the “e-Go”. This Agreement was amended in 2017 to exclude certain markets in Central America and South America. Our principal business objective has historically been to achieve long-term growth through 2050 Motors, Inc. On or around March 6, 2019, William Fowler resigned as our CEO and Director and Bernd Schaefers resigned as our Director. On or around March 6, 2019, we appointed Vikram Grover as CEO and sole Director (for further information, refer to our Form 8-K filed on March 7, 2019 with the SEC). On or around March 6, 2019, as part of its management transition plan, the Company agreed to transfer to prior Management eighty (80) percent ownership of its Nevada subsidiary, 2050 Motors (“2050 Private” or “TFPC”) in exchange for a corporate note from TFPC in the amount of fifty thousand dollars at 8% interest per annum to be paid out of net profits. 2050 Motors (2050 Public) agreed to appoint William Fowler as President of 2050 Private to raise operating capital for expenses to negotiate terms and conditions to maintain Exclusive License with Aoxin Motors. Subsequent to the change of control and based on due diligence on TFPM and the status of the Aoxin Motors relationship, on or around April 2, 2019, we terminated the transaction as we deemed that it was not in the best interests of shareholders. We continue to demand information regarding TFPC from former management but have received unresponsive and unsatisfactory responses to our inquiries. On May 2, 2019, we engaged Markup Designs Pvt. Ltd. (“MDPL”; https://www.markupdesigns.com www.kanab.club Since new management was appointed in March 2019, we have expanded our mission statement to invest in, incubate and accelerate businesses in the communications, energy, electric vehicle, and Internet industries (for further information, see Note 12 - Subsequent Events, and our previously filed Form 8-K, 10-Q and 10-K filings with the Securities and Exchange Commission). The condensed interim financial statements included herein, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. The year-end condensed balance sheet data was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. These statements reflect all adjustments, consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2018. The Company follows the same accounting policies in preparation of interim reports. Results of operations for the interim periods are not indicative of annual results.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make certain 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. Actual results could differ from those estimates. Fair Value of Financial Instruments We adopted ASC Topic 820, “Fair Value Measurements and Disclosures,”, which requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of valuation hierarchy are defined as follows: Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. The Company’s investment in Mobicard Inc., see Note 4, is actively traded on the pink sheets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Derivative Financial Instruments-Level 3 Derivatives are recorded on the condensed balance sheet at fair value. The conversion features of the convertible notes are embedded derivatives and are separately valued and accounted for on the balance sheet with changes in fair value recognized during the period of change as a separate component of other income/expense. We use the binomial option-pricing model for determining the fair value of our derivatives. The model uses market-sourced inputs such as interest rates and stock price volatilities. Selection of these inputs involves management’s judgment and may impact net income. Assets and liabilities measured at fair value are as follows as of June 30, 2019 Total Level 1 Level 2 Level 3 Assets Investments $ 306,220 $ 306,220 $ - $ - Total assets measures at fair value $ 306,220 $ 306,220 - $ - Liabilities Derivative liability $ 345,155 $ - $ - 345,155 Total liabilities measured at fair value $ 345,155 $ - $ - 345,155 Assets and liabilities measured at fair value are as follows as of June 30, 2018: Total Level 1 Level 2 Level 3 Liabilities Derivative liability $ 852,769 $ - $ - $ 852,769 Total liabilities measured at fair value $ 852,769 $ - $ - $ 852,769 The following is a reconciliation of the derivative liability for which Level 3 inputs were used in determining the approximate fair value: Balance as of December 31, 2018 $ 876,058 Fair value of derivative liabilities issued 63,380 Loss on change in derivative liabilities (536,954 ) Reclassify to equity upon payoff or conversion (57,329 ) Balance as of June 30, 2019 $ 345,155 Earnings Per Share (EPS) Basic EPS is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similar to basic net income per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all the potential common shares, warrants and stock options had been issued and if the additional common shares were dilutive. Diluted EPS is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding options and the if-converted method for the outstanding convertible preferred shares. Under the treasury stock method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, convertible outstanding instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance, if later). During the three-month periods ended June 30, 2019 and June 30, 2018, the Company generated no revenues and incurred substantial losses, of which the vast majority were due to mostly non-cash charges for accrued interest, penalties and derivative charges related to convertible debt instruments. Therefore, the effect of any common stock equivalents on EPS is anti-dilutive during those periods. Concentration of Credit Risk Cash is mainly maintained by one highly qualified institution in the United States. At no time were such amounts in excess of federally insured limits. Management does not believe that the Company is subject to any unusual financial risk beyond the normal risk associated with commercial banking relationships. The Company has not experienced any losses on our deposits of cash. Recently Adopted Accounting Policies: In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 requires an entity to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. For public companies, ASU 2016-02 was effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The implementation of ASU 2016-02 did not have a material effect on the Company’s consolidated financial statements. Reclassification Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no material effect on the reported results of operations or cash flow.

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 3 – GOING CONCERN The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate the continuation of the Company as a going concern. The Company reported an accumulated deficit of ($5,719,075) as of June 30, 2019. The Company also had negative working capital of ($1,281,329) at that date. To date, these losses and deficiencies have been financed principally through the issuance of common stock, loans from related parties and from third parties. In view of the matters described above, there is substantial doubt as to the Company’s ability to continue as a going concern without a significant infusion of capital. We anticipate that we will have to raise additional capital to fund operations over the next 12 months. To the extent that we are required to raise additional funds to acquire properties, and to cover costs of operations, we intend to do so through additional offerings of debt or equity securities. There are no commitments or arrangements for other offerings in place, no guaranties that any such financings will be forthcoming, or as to the terms of any such financings. Any future financing will involve substantial dilution to existing investors.

Investments

Investments	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investments	Note 4 - INVESTMENTS During the quarter ended June 30, 2019, the Company issued 400,000 share of preferred class B stock in exchange for 210,000,000 shares of Mobicard Inc. The shares were valued at the market price of $0.0023 per share, or $483,000, at the acquisition date. The shares are currently valued at the market price of $0.0011 per share for a total investment of $231,000, resulting in a loss of $252,000 During the quarter ended June 30, 2019, the Company received 1,000,000 shares of Kanab Corp for consulting services provided by the Company’s CEO, Vikram Grover. The shares were valued at $0.0001 per share.

Vehicle Deposits

Vehicle Deposits	6 Months Ended
	Jun. 30, 2019
Deposits [Abstract]
Vehicle Deposits	Note 5 – VEHICLE DEPOSITS Based on recent conversations with Aoxin and former management, we took an impairment charge for the vehicle deposit of $24,405 and wrote this asset down to $0 in the fourth quarter of 2018. Further, during the three-month period ended June 30, 2019, we terminated all discussions and agreements with Aoxin Motors and exited the market for importation of electric vehicles from China.

License Agreement

License Agreement	6 Months Ended
	Jun. 30, 2019
License Agreement
License Agreement	Note 6 – LICENSE AGREEMENT In 2012 and 2013, the Company made a total payment of $50,000 in connection with an executed exclusive license agreement with Aoxin to import, assemble and manufacture an advanced carbon fiber electric vehicle called the “e-Go”. The cost of this license agreement was recognized as a long-term asset and was evaluated for impairment losses at the end of each reporting period. As of March 31, 2018, impairment losses related to this license of $50,000 were identified by management, and as a result we wrote off the value of the Aoxin license. During the three months ended June 30, 2019, we terminated all discussions with Aoxin regarding importation of electric automobiles and related parts and equipment from China into the United States.

Loans Payable Due to Related Pa

Loans Payable Due to Related Parties	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Loans Payable Due to Related Parties	Note 7 – LOANS PAYABLE DUE TO RELATED PARTIES As of December 31, 2018, all related party loans and associated interest and penalties were converted into common equity. Current management has demanded documentation of the providence of these loans. Management is reviewing legal options for recovery of these shares and has placed a stop action order on these shares with the Company’s transfer agent. At June 30, 2019 there were no outstanding loans to related parties.

Convertible Note Payables

Convertible Note Payables	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Convertible Note Payables	Note 8 – CONVERTIBLE NOTE PAYABLES The Company had convertible note payables with several third parties with stated interest rates ranging between 10% and 12% and 22% default interest not including penalties. These notes have a conversion feature such that the Company could not ensure it would have adequate authorized shares to meet all possible conversion demands; accordingly, the conversion option has been treated as a derivative liability in the accompanying interim financial statements. As of March 31, 2019, the Company had the following third-party convertible notes outstanding: Lender Origination Maturity Amount Interest Note #1* Auctus 1/6/17 2/6/18 $ 59,413 22.0 % Note #2* Crown Bridge 9/15/17 9/15/18 5,422 10.0 % Note #3* PowerUp 5 1/24/18 10/30/18 6,320 22.0 % Note #4* PowerUp 6 2/22/18 11/30/18 56,235 22.0 % Note #5* PowerUp 7 4/11/18 1/30/19 22,500 22.0 % Note #6* PowerUp 8 4/27/18 2/15/19 32,250 22.0 % Note #7* Jabro 1 7/23/18 4/30/19 21,000 12.0 % Note #8 Jabro 2 10/01/18 7/15/19 11,500 12.0 % Note #9 PowerUp 9 11/01/18 8/30/19 14,700 12.0 % Note #10 PowerUp 10 3/08/19 01/15/20 28,000 22.0 % Note #11* Other 3/16/17 4/1/18 10,000 12.0 % Note #12 Tri-Bridge 3/15/19 9/15/19 46,808 12.0 % Total $ 313,148 less discount (84,381 ) Net $ 229,767 *Note is currently in default. Note #1, issued on January 6, 2017, is in default and under the terms of the convertible promissory note, the Company is liable to pay 150% of the then outstanding principal and interest plus additional penalties for certain covenants that are breached. In addition to the note balance of $58,413 as of June 30, 2019, there were penalties totaling $813,299 relating to the default of this note which are included in Accrued expenses on our December 31, 2018 balance sheet. Management believes liquidated damages penalties of $2,000 per day are not enforceable or collectible as the lender has recovered its principal and default interest through conversions of the loans into common stock. The matter has been reviewed by counsel and based on legal advice we have removed these liquidated damages from our balance sheet as of June 30, 2019. During the six months ended June 30, 2019, lenders converted $13,120 of debt and interest into 182,647,500 shares of common stock. The variables used for the Binomial model are as listed below: December 31, 2018 June 30, 2019 ● Volatility: 253% - 286% Volatility: 191% - 301% ● Risk free rate of return: 1.24%- 1.53% Risk free rate of return: 1.93% - 1.99% ● Expected term: 1-3 years Expected term: 1-10 months The Company amortized a debt discount of $57,608 and $69,649 respectively, during the three-month periods ended June 30, 2019 and 2018 respectively, and $209,978 and $140,744, respectively during the six-month periods ended June 30, 2019 and 2018, respectively. Interest expense accrued on third-party convertible notes was $30,889 and $21,057 for the three-month periods ended June 30, 2019 and 2018, respectively, and $183,259 and $33,492 for the six months ended June 30, 2019 and 2018, respectively.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9 – COMMITMENTS AND CONTINGENCIES Industrial Lease Effective March 1, 2014, the Company signed a lease for four thousand square feet of industrial space in North Las Vegas. The term of the lease was for three years and cost $2,200 per month. The lease expired on April 30, 2017 and the Company was on a month to month lease thereafter. The lease was terminated as of June 30, 2018. Rent expense amounted to $0 and $6,600 for the three-month periods ended June 30, 2019 and 2018, respectively. Rent expenses amounted to $0 and $13,400 for the six-month periods ended June 30, 2019 and 2018, respectively. Aoxin License Agreement Pursuant to a 2012 license agreement and 2017 amendment executed between the Company and Aoxin, in order to maintain exclusive rights for the United States (US), the Company was required to purchase and sell certain amount of e-Go model vehicles per year for a certain period of time starting from the completion of the requirements established by the United States Department of Transportation’s protocols for the e-Go. As part of the license agreement, the Company was committed to pay expenses related to any required airbag testing procedures. The Company estimated the cost of these airbags could be as much as $2 million. Aoxin has been unable to procure a license to design, test and manufacture e-Go vehicles in China. Additionally, our representatives in China have been told by Aoxin that any such agreement and amendment has expired. Given these circumstances, during the three-month period ended March 31, 2018, we wrote down the value of the Aoxin license to $0 and associated vehicle deposits were fully impaired during the fourth quarter of 2018. During the three months ended June 30, 2019, based on failure to perform including a lack of a license to manufacture and export electric vehicles under our Agreement with them, we terminated all discussions and agreements with Aoxin Motors. Legal Proceedings The Company may from time to time, become a party to various legal proceedings, arising in the ordinary course of business. The Company investigates these claims as they arise. Management does not believe, based on current knowledge, that there were any such claims outstanding as of June 30, 2019.

Revolving Line of Credit- Relat

Revolving Line of Credit- Related Party	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Revolving Line of Credit- Related Party	Note 10 – REVOLVING LINE OF CREDIT- RELATED PARTY During 2018, the Company had a revolving line of credit agreement with a related party. The line amount was $100,000 and carried interest at 12% per annum, due on December 31, 2018 with a conversion option into restricted common stock of the Company. The note was convertible at 50% of the Average Market Price for the 15 previous trading days before the conversion notice date. During the three-month period ended June 30, 2019, the Company made cash payments totaling $0 to principal and accrued interest. As of June 30, 2019, the balance outstanding on the loan was $0 as all remaining principal, interest and penalties due on the loan were converted into common shares during the fourth quarter of 2018. Current management has demanded documentation of the providence of these loans. Management is reviewing legal options for recovery of these shares and has placed a stop action order on these shares with the Company’s transfer agent.

Equity

Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Equity	Note 11 – EQUITY During the six months ended June 30, 2019, lenders converted $13,120 of principal and interest into 182,647,500 shares of common stock. On March 6, 2019, our Board of Directors approved, and we filed a Certificate of Determination for with the Secretary of State of California, a new class of Series C Preferred Shares with a total of one million such shares authorized. Each share converts into one common share, has 10,000 votes on every corporate matter requiring a shareholder vote, has a par value of $0.0001, and pays an annual dividend at the option of the Company of $0.01. Subsequent to the end of the three months ended March 30, 2019, the Company issued one million Series C Preferred Shares to our CEO, Vikram Grover, as consideration for the change of control of the Company. On April 7, 2019, our Board of Directors approved the creation of a new class of Series B Preferred Shares. A total of six million such shares were authorized. Each share converts into 1,000 common shares, votes on an as converted basis, has a par value of $0.001, and pays a cumulative annual dividend in cash or in kind of $0.01. On April 8, 2019, we amended the terms of our existing Series A Preferred stock by changing the par value from nil to $0.0001 and establishing a $0.01 per share annual dividend to be approved by our Board of Directors each year. Each share remains convertible into one common share and has 50 votes on corporate matters. As part of the management transition plan announced in March 2019, two million Series A Preferred Shares were transferred from former owners to our current CEO, Vikram Grover. A total of three million Series A Preferred Shares are authorized, all of which are currently issued and outstanding. The financial statements were retroactively adjusted to give effect to this change in par value. On April 10, 2019, a third-party lender converted $13,273 principal of a loan into 66,363,000 common shares. On April 22, 2019, we executed a letter of intent (LOI) to invest in and partner with ERide Club Corp. (ECC), a Company developing an Internet-based cloud platform to enable rentals and related services for the electric vehicle (EV) market, including automobiles, eBikes and mobility products. Upon delivery of a working beta system vetted by businesses, consumers and third-party testing, we will issue ECC 100,000 Series B Preferred shares convertible into 100 million common shares in return for 10% of the equity of ECC, with a right of participation on future financings by ECC through year-end 2020. Additionally, we will become a preferred marketing partner of ECC in the United States and provide ECC with a three-year option to perform a spin-out IPO to our shareholders. ECC expects to launch a first-generation version of the platform during 2019, after which time we will vet the system with our staff and advisors. We expect to close this transaction during August-September 2019. On May 5, 2019, 2050 Motors, Inc. executed a Securities Purchase Agreement with our CEO, Vikram Grover, for an investment in the Company of $483,000 in the form of 210,000,000 free-trading common shares of Peer to Peer Network aka Mobicard Inc. The transaction closed on May 15, 2019. As consideration, the Company issued the investor 400,000 newly created 1% Cumulative Series B Preferred Shares, each of which bears a RESTRICTED CONTROL STOCK legend, is convertible into 1,000 common shares, and has 1,000 votes on corporate matters. On May 13, 2019, the Company borrowed $12,500 pursuant to a convertible note agreement bearing an interest rate of 12% per annum and with a maturity date of September 15, 2019. On May 14, 2019, our Board of Directors approved the dissolution of our wholly owned subsidiary, 2050 Motors, Inc., a Nevada corporation doing business under the same name as our publicly traded company, 2050 Motors, Inc., a California corporation. Additionally, our Board of Directors approved the termination of any and all discussions and prior agreements with Aoxin Motors regarding the importation of electric vehicles to be made by Aoxin Motors in China into the United States. Our termination was driven by Aoxin Motors’ failure to obtain the necessary license(s) to manufacture e-GO electric vehicles, which have been under development since 2012. Accordingly, on May 14, 2019, we filed paperwork with the Secretary of State of Nevada to dissolve our wholly owned subsidiary, 2050 Motors, Inc., a Nevada corporation, and that dissolution went effective on or around May 17, 2019. On May 15, 2019, based on due diligence and research by management and the Company’s advisors, the Board of Directors of 2050 Motors, Inc., a California corporation, approved stop action orders on 162,846,149 common shares held by former management, employees, affiliates and representatives of the Company. Accordingly, management has directed the Company’s transfer agent to prohibit the transfer or sale of any shares associated with their certificates. Pending investigation of the providence of these shares and proof of consideration for said shares, these shares will remain frozen indefinitely and subject to the Company’s powers of enforcement and the rules of law. During the year ended December 31, 2016, the Company agreed to issue 3,200,000 shares for services. Additionally, the Company agreed to issue 825,000 shares of common stock for marketing services. As of June 30, 2019, these shares are yet to be issued and have been recorded as common stock issuable.

Warrants and Options

Warrants and Options	6 Months Ended
	Jun. 30, 2019
Warrants And Options
Warrants and Options	Note 12 – WARRANTS AND OPTIONS As of June 30, 2019, the Company has forty million warrants with an exercise price of $0.01 and a three-year expiration issued and outstanding to four members of our Advisory Board who were added to that newly created committee during March - April 2019. Additionally, we issued ten million warrants with a strike price of $0.005 and a three-year expiration to EDGE FiberNet, Inc. as compensation for strategic consulting. Further, our CEO, Vikram Grover, was to be issued 100 million warrants with a strike price of $0.001 upon bringing the Company current with its SEC reporting requirements, with an additional 100 million warrants with a strike price of $0.001 due upon our common stock closing at or above $0.01 for ten consecutive trading sessions. On July 22, 2019, the Company was brought current with regard to its SEC reporting requirements, and as a result, the initial 100 million warrants are due to be issued to Vikram Grover.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 13 – SUBSEQUENT EVENTS On July 9, 2019, a third-party lender funded the Company $35,000 in the form of a 12% convertible debenture that matures April 30, 2020. The transaction netted the Company $32,000 after legal fees and due diligence expenses. Between July 22, 2019 and August 8, 2019, a third-party lender converted $84,415 in principal and interest of multiple loans in default into 405,603,428 common shares. On July 31, 2019, a third-party lender converted $15,280 in principal and interest into 127,332,917 common shares. On July 30, 2019, we obtained a legal opinion that our obligations for liquidated damages under a loan agreement, which we have been accruing since we received a notice of default from a third-party lender on June 25, 2018, are no longer valid or enforceable against the Company. According to counsel, these financial obligations should be reduced by the amount of derivative liability accounted for regarding the January 6, 2017 Note, or $876,058, which specifically includes $616,199 of penalties that were accounted for in “total accrued expenses” on our balance sheet as of March 31, 2019. Counsel has opined that such liability has been discharged and that there is no longer any contractual right for the lender to receive or a contractual obligation for us to pay these sums either on demand or on a future fixed and determinable date, and that these liabilities should not be included in the financial statements of 2050. In any litigation to recover said sums, counsel believes 2050 would be able to demonstrate that the debt and associated liquidated damages have been extinguished by the payments and conversions of debt into the common stock of 2050, which have already occurred. Removing these liquidated damages from our balance sheet eliminates a significant liability that would have been convertible into common stock and substantially improves the Company’s balance sheet.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make certain 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. Actual results could differ from those estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments We adopted ASC Topic 820, “Fair Value Measurements and Disclosures,”, which requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of valuation hierarchy are defined as follows: Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. The Company’s investment in Mobicard Inc., see Note 4, is actively traded on the pink sheets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Derivative Financial Instruments-Level 3 Derivatives are recorded on the condensed balance sheet at fair value. The conversion features of the convertible notes are embedded derivatives and are separately valued and accounted for on the balance sheet with changes in fair value recognized during the period of change as a separate component of other income/expense. We use the binomial option-pricing model for determining the fair value of our derivatives. The model uses market-sourced inputs such as interest rates and stock price volatilities. Selection of these inputs involves management’s judgment and may impact net income. Assets and liabilities measured at fair value are as follows as of June 30, 2019 Total Level 1 Level 2 Level 3 Assets Investments $ 306,220 $ 306,220 $ - $ - Total assets measures at fair value $ 306,220 $ 306,220 - $ - Liabilities Derivative liability $ 345,155 $ - $ - 345,155 Total liabilities measured at fair value $ 345,155 $ - $ - 345,155 Assets and liabilities measured at fair value are as follows as of June 30, 2018: Total Level 1 Level 2 Level 3 Liabilities Derivative liability $ 852,769 $ - $ - $ 852,769 Total liabilities measured at fair value $ 852,769 $ - $ - $ 852,769 The following is a reconciliation of the derivative liability for which Level 3 inputs were used in determining the approximate fair value: Balance as of December 31, 2018 $ 876,058 Fair value of derivative liabilities issued 63,380 Loss on change in derivative liabilities (536,954 ) Reclassify to equity upon payoff or conversion (57,329 ) Balance as of June 30, 2019 $ 345,155
Earnings Per Share (EPS)	Earnings Per Share (EPS) Basic EPS is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similar to basic net income per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all the potential common shares, warrants and stock options had been issued and if the additional common shares were dilutive. Diluted EPS is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding options and the if-converted method for the outstanding convertible preferred shares. Under the treasury stock method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, convertible outstanding instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance, if later). During the three-month periods ended June 30, 2019 and June 30, 2018, the Company generated no revenues and incurred substantial losses, of which the vast majority were due to mostly non-cash charges for accrued interest, penalties and derivative charges related to convertible debt instruments. Therefore, the effect of any common stock equivalents on EPS is anti-dilutive during those periods.
Concentration of Credit Risk	Concentration of Credit Risk Cash is mainly maintained by one highly qualified institution in the United States. At no time were such amounts in excess of federally insured limits. Management does not believe that the Company is subject to any unusual financial risk beyond the normal risk associated with commercial banking relationships. The Company has not experienced any losses on our deposits of cash.
Recently Adopted Accounting Policies	Recently Adopted Accounting Policies: In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 requires an entity to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. For public companies, ASU 2016-02 was effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The implementation of ASU 2016-02 did not have a material effect on the Company’s consolidated financial statements.
Reclassification	Reclassification Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no material effect on the reported results of operations or cash flow.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Fair Value of Assets and Liabilities	Assets and liabilities measured at fair value are as follows as of June 30, 2019 Total Level 1 Level 2 Level 3 Assets Investments $ 306,220 $ 306,220 $ - $ - Total assets measures at fair value $ 306,220 $ 306,220 - $ - Liabilities Derivative liability $ 345,155 $ - $ - 345,155 Total liabilities measured at fair value $ 345,155 $ - $ - 345,155 Assets and liabilities measured at fair value are as follows as of June 30, 2018: Total Level 1 Level 2 Level 3 Liabilities Derivative liability $ 852,769 $ - $ - $ 852,769 Total liabilities measured at fair value $ 852,769 $ - $ - $ 852,769
Schedule of Reconciliation of Derivative Liability	The following is a reconciliation of the derivative liability for which Level 3 inputs were used in determining the approximate fair value: Balance as of December 31, 2018 $ 876,058 Fair value of derivative liabilities issued 63,380 Loss on change in derivative liabilities (536,954 ) Reclassify to equity upon payoff or conversion (57,329 ) Balance as of June 30, 2019 $ 345,155

Convertible Note Payables (Tabl

Convertible Note Payables (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of Derivative Liability in Accompanying Interim Financial Statements	As of March 31, 2019, the Company had the following third-party convertible notes outstanding: Lender Origination Maturity Amount Interest Note #1* Auctus 1/6/17 2/6/18 $ 59,413 22.0 % Note #2* Crown Bridge 9/15/17 9/15/18 5,422 10.0 % Note #3* PowerUp 5 1/24/18 10/30/18 6,320 22.0 % Note #4* PowerUp 6 2/22/18 11/30/18 56,235 22.0 % Note #5* PowerUp 7 4/11/18 1/30/19 22,500 22.0 % Note #6* PowerUp 8 4/27/18 2/15/19 32,250 22.0 % Note #7* Jabro 1 7/23/18 4/30/19 21,000 12.0 % Note #8 Jabro 2 10/01/18 7/15/19 11,500 12.0 % Note #9 PowerUp 9 11/01/18 8/30/19 14,700 12.0 % Note #10 PowerUp 10 3/08/19 01/15/20 28,000 22.0 % Note #11* Other 3/16/17 4/1/18 10,000 12.0 % Note #12 Tri-Bridge 3/15/19 9/15/19 46,808 12.0 % Total $ 313,148 less discount (84,381 ) Net $ 229,767 *Note is currently in default.
Schedule of Fair Value Assumption	The variables used for the Binomial model are as listed below: December 31, 2018 June 30, 2019 ● Volatility: 253% - 286% Volatility: 191% - 301% ● Risk free rate of return: 1.24%- 1.53% Risk free rate of return: 1.93% - 1.99% ● Expected term: 1-3 years Expected term: 1-10 months

Basis of Presentation and Org_2

Basis of Presentation and Organization (Details Narrative) - TFPC [Member]	Mar. 06, 2019USD ($)
Ownership percentage	80.00%
Corporate note amount	$ 50,000
Debt interest rate	8.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Schedule of Fair Value of Assets and Liabilities (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Investments	$ 306,220
Total assets measures at fair value	306,220
Derivative liability	345,155	852,769	$ 852,769
Total liabilities measured at fair value	345,155	$ 852,769	852,769
Level 1 [Member]
Investments	306,220
Total assets measures at fair value	306,220
Derivative liability
Total liabilities measured at fair value
Level 2 [Member]
Investments
Total assets measures at fair value
Derivative liability
Total liabilities measured at fair value
Level 3 [Member]
Investments
Total assets measures at fair value
Derivative liability	345,155		852,769
Total liabilities measured at fair value	$ 345,155		$ 852,769

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Reconciliation of Derivative Liability (Details)	6 Months Ended
	Jun. 30, 2019USD ($)
Accounting Policies [Abstract]
Balance, beginning	$ 876,058
Fair value of derivative liabilities issued	63,380
Loss on change in derivative liabilities	(536,954)
Reclassify to equity upon payoff or conversion	(57,329)
Balance, ending	$ 345,155

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (5,597,075)	$ (5,960,691)
Working capital	$ (1,281,329)

Investments (Details Narrative)

Investments (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	May 02, 2014
Share price	$ 0.0011		$ 0.0011
Investment amount	$ 231,000		$ 231,000
Loss on investment	$ (130,000)		$ (130,000)
Mobicard Inc [Member]
Number of shares exchanged			210,000,000
Share price					$ 0.0023
Investment amount					$ 483,000
Loss on investment			$ 252,000
Kanab Corp [Member]
Share price	$ 0.0001		$ 0.0001
Number of shares received for services			1,000,000
Preferred Class B [Member]
Number of shares issued			400,000

Vehicle Deposits (Details Narra

Vehicle Deposits (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2018	Jun. 30, 2019
Deposits [Abstract]
Vehicle deposits		$ 24,405
Wrote-off value on vehicle deposit	$ 0

License Agreement (Details Narr

License Agreement (Details Narrative) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2013	Dec. 31, 2012
Impairment losses related to license			$ 50,000		$ 50,000
License [Member]
Total payment incurred for license agreement						$ 50,000	$ 50,000

Convertible Note Payables (Deta

Convertible Note Payables (Details Narrative) - USD ($)	Jan. 06, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt payment percentage	150.00%
Convertible note payables		$ 58,413		$ 58,413
Default penalty		813,299		813,299
Liquidated damaged penalties, per day				2,000
Debt conversion shares issued, value				$ 13,120
Debt conversion shares issued				182,647,500
Amortized of debt discount				$ 173,920	$ 142,167
Convertible Note Payables [Member]
Amortized of debt discount		57,608	$ 69,649	209,978	140,744
Interest expense		$ 30,889	$ 21,057	$ 183,259	$ 33,492
Third Parties [Member]
Debt interest rate		22.00%		22.00%
Third Parties [Member] | Minimum [Member]
Debt interest rate		10.00%		10.00%
Third Parties [Member] | Maximum [Member]
Debt interest rate		12.00%		12.00%

Convertible Note Payables - Sch

Convertible Note Payables - Schedule of Derivative Liability in Accompanying Interim Financial Statements (Details)	6 Months Ended
	Jun. 30, 2019USD ($)
Total convertible notes payable	$ 313,148
less discount	(84,381)
Convertible note payables, net	$ 229,767
Note #1 [Member]
Lender	Auctus	[1]
Origination Date	Jan. 6, 2017	[1]
Maturity	Feb. 6, 2018	[1]
Interest	22.00%	[1]
Total convertible notes payable	$ 59,413	[1]
Note #2 [Member]
Lender	Crown Bridge	[1]
Origination Date	Sep. 15, 2017	[1]
Maturity	Sep. 15, 2018	[1]
Interest	10.00%	[1]
Total convertible notes payable	$ 5,422	[1]
Note #3 [Member]
Lender	PowerUp 5	[1]
Origination Date	Jan. 24, 2018	[1]
Maturity	Oct. 30, 2018	[1]
Interest	22.00%	[1]
Total convertible notes payable	$ 6,320	[1]
Note #4 [Member]
Lender	PowerUp 6	[1]
Origination Date	Feb. 22, 2018	[1]
Maturity	Nov. 30, 2018	[1]
Interest	22.00%	[1]
Total convertible notes payable	$ 56,235	[1]
Note #5 [Member]
Lender	PowerUp 7	[1]
Origination Date	Apr. 11, 2018	[1]
Maturity	Jan. 30, 2019	[1]
Interest	22.00%	[1]
Total convertible notes payable	$ 22,500	[1]
Note #6 [Member]
Lender	PowerUp 8	[1]
Origination Date	Apr. 27, 2018	[1]
Maturity	Feb. 15, 2019	[1]
Interest	22.00%	[1]
Total convertible notes payable	$ 32,250	[1]
Note #7 [Member]
Lender	Jabro 1	[1]
Origination Date	Jul. 23, 2018	[1]
Maturity	Apr. 30, 2019	[1]
Interest	12.00%	[1]
Total convertible notes payable	$ 21,000	[1]
Note #8 [Member]
Lender	Jabro 2
Origination Date	Oct. 1, 2018
Maturity	Jul. 15, 2019
Interest	12.00%
Total convertible notes payable	$ 11,500
Note #9 [Member]
Lender	PowerUp 9
Origination Date	Nov. 1, 2018
Maturity	Aug. 30, 2019
Interest	12.00%
Total convertible notes payable	$ 14,700
Note #10 [Member]
Lender	PowerUp 10
Origination Date	Mar. 8, 2019
Maturity	Jan. 15, 2020
Interest	22.00%
Total convertible notes payable	$ 28,000
Note #11 [Member]
Lender	Other	[1]
Origination Date	Mar. 16, 2017	[1]
Maturity	Apr. 1, 2018	[1]
Interest	12.00%	[1]
Total convertible notes payable	$ 10,000	[1]
Note #12 [Member]
Lender	Tri-Bridge
Origination Date	Mar. 15, 2019
Maturity	Sep. 15, 2019
Interest	12.00%
Total convertible notes payable	$ 46,808
[1]	Note is currently in default.

Convertible Note Payables - Sc

Convertible Note Payables - Schedule of Fair Value Assumption (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Minimum [Member]
Expected term	1 month	1 year
Maximum [Member]
Expected term	10 months	3 years
Measurement Input, Price Volatility [Member] | Minimum [Member]
Fair value assumptions, measurement input, percentages	1.91	2.53
Measurement Input, Price Volatility [Member] | Maximum [Member]
Fair value assumptions, measurement input, percentages	3.01	2.86
Measurement Input, Risk Free Interest Rate [Member] | Minimum [Member]
Fair value assumptions, measurement input, percentages	0.0193	0.0124
Measurement Input, Risk Free Interest Rate [Member] | Maximum [Member]
Fair value assumptions, measurement input, percentages	0.0199	0.0153

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Mar. 01, 2014USD ($)ft²	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
Area of land | ft²	4,000
Lease term	3 years
Lease monthly payment	$ 2,200
Lease term expiration date	Apr. 30, 2017
Rent expense		$ 0	$ 6,600	$ 0	$ 13,400
Cost of airbags				$ 2,000,000
Aoxin License [Member]
Wrote down the value					$ 0

Revolving Line of Credit- Rel_2

Revolving Line of Credit- Related Party (Details Narrative)	6 Months Ended		12 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)Integer
Cash payments		$ 6,067
Outstanding balance on loan	$ 0
Revolving Line of Credit Agreement [Member]
Line of credit amount			$ 100,000
Line of credit interest rate			12.00%
Line of credit due date			Dec. 31, 2018
Percentage of debt discount lowest trading price			50.00%
Debt discount lowest trading days | Integer			15

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)

May 15, 2019

May 13, 2019

May 05, 2019

Apr. 22, 2019

Apr. 10, 2019

Apr. 08, 2019

Apr. 07, 2019

Mar. 06, 2019

Jun. 30, 2018

Mar. 31, 2018

Jun. 30, 2019

Dec. 31, 2016

Debt conversion shares issued, value

$ 13,120

Debt conversion shares issued

182,647,500

Preferred stock voting rights

Each share converts into one common share, has 10,000 votes on every corporate matter requiring a shareholder vote, has a par value of $0.0001, and pays an annual dividend at the option of the Company of $0.01.

Number of shares issued for services

3,200,000

Convertible Note Agreement [Member]

Borrowed amount

$ 12,500

Debt interest rate

12.00%

Debt maturity date

Sep. 15, 2019

Common Stock [Member]

Number of shares issued for services

5,000,000

ERide Club Corp [Member] | Common Stock [Member]

Number of stock converted

100,000,000

Common stock return percentage

10.00%

Third-Party Lender [Member]

Debt conversion shares issued, value

$ 13,273

Debt conversion shares issued

66,363,000

Vikram Grover [Member] | Mobicard Inc [Member] | Securities Purchase Agreement [Member]

Preferred stock voting rights

1,000 votes on corporate matters

Number of shares issued, value

$ 483,000

Number of shares issued

210,000,000

Vikram Grover [Member] | Mobicard Inc [Member] | Common Stock [Member] | Securities Purchase Agreement [Member]

Number of stock converted

1,000

Board of Directors [Member] | Former Management, Employees, Affiliates and Representatives [Member]

Number of shares issued

162,846,149

Series C Preferred Stock [Member]

Preferred stock, shares authorized

1,000,000

Preferred stock, par value

$ 0.0001

Dividend of option per share

$ 0.01

Series B Preferred Stock [Member]

Preferred stock, shares authorized

6,000,000

Preferred stock, par value

$ 0.001

Number of stock converted

1,000

Annual dividend in cash or in kind

$ 0.01

Conversion of stock description

Each share converts into 1,000 common shares, votes on an as converted basis, has a par value of $0.001, and pays a cumulative annual dividend in cash or in kind of $0.01.

Series B Preferred Stock [Member] | ERide Club Corp [Member]

Number of stock converted

100,000

Series B Preferred Stock [Member] | Vikram Grover [Member] | Mobicard Inc [Member] | Securities Purchase Agreement [Member]

Number of shares issued

400,000

Series A Preferred Stock [Member]

Preferred stock, shares authorized

3,000,000

Preferred stock voting rights

Each share remains convertible into one common share and has 50 votes on corporate matters.

Number of stock transferred

2,000,000

Series A Preferred Stock [Member] | Minimum [Member]

Preferred stock, par value

Series A Preferred Stock [Member] | Maximum [Member]

Preferred stock, par value

$ 0.0001

Issuance for Marketing Services [Member]

Number of shares issued for services

825,000

Warrants and Options (Details N

Warrants and Options (Details Narrative) - $ / shares	6 Months Ended
	Jun. 30, 2019	Jul. 22, 2019
EDGE FiberNet, Inc. [Member]
Number of common stock purchase warrants shares	10,000,000
Warrant strike price per share	$ 0.005
Warrants term	3 years
Four Members Advisory Board [Member]
Number of common stock purchase warrants shares	40,000,000
Warrant strike price per share	$ 0.01
Warrants term	3 years
Vikram Grover [Member]
Number of common stock purchase warrants shares	100,000,000
Warrant strike price per share	$ 0.001
Warrants description	Our CEO, Vikram Grover, was to be issued 100 million warrants with a strike price of $0.001 upon bringing the Company current with its SEC reporting requirements, with an additional 100 million warrants with a strike price of $0.001 due upon our common stock closing at or above $0.01 for ten consecutive trading sessions.
Vikram Grover [Member] | Subsequent Event [Member]
Number of common stock purchase warrants shares		100,000,000
Vikram Grover [Member] | Additional Warrants [Member]
Number of common stock purchase warrants shares	100,000,000
Warrant strike price per share	$ 0.001

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Jul. 31, 2019	Jul. 30, 2019	Jul. 09, 2019	Apr. 10, 2019	Aug. 08, 2019	Jun. 30, 2019
Debt conversion shares issued, value						$ 13,120
Debt conversion shares issued						182,647,500
Third-Party Lender [Member]
Debt conversion shares issued, value				$ 13,273
Debt conversion shares issued				66,363,000
Subsequent Event [Member]
Financial obligations, description		According to counsel, these financial obligations should be reduced by the amount of derivative liability accounted for regarding the January 6, 2017 Note, or $876,058, which specifically includes $616,199 of penalties that were accounted for in "total accrued expenses" on our balance sheet as of March 31, 2019.
Subsequent Event [Member] | Third-Party Lender [Member]
Borrowed amount			$ 35,000
Debt interest rate			12.00%
Debt maturity date			Apr. 30, 2020
Borrowed amount, net			$ 32,000
Debt conversion shares issued, value	$ 15,280				$ 84,415
Debt conversion shares issued	127,332,917				405,603,428