SUBSEQUENT EVENTS (Narrative) (Details) - Securities purchase agreement [Member] - Northeast Industrial Partners, LLC [Member] - Unsecured convertible Debt - Subsequent Event [Member] |
1 Months Ended |
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Jul. 22, 2019
USD ($)
$ / shares
shares
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Proceeds from issuance or sale of units | $ | $ 2,282,500 |
Issuance of sale of units | 1,000 |
Unsecured convertible promissory note | $ | $ 1,000 |
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 0.15 |
Warrants outstanding | 4,000 |
Number of securities called by each warrant | 1 |
Exercise price of warrants | $ / shares | $ 0.25 |
Debt Instrument, Interest Rate, Stated Percentage | 10.00% |
Interest rate during the period of default | 15.00% |
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- Definition It represents number of issuance or sale of units. No definition available.
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- Definition Proceeds from issuance or sale of units. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of securities into which each warrant or right may be converted. For example, but not limited to, each warrant may be converted into two shares. No definition available.
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- Definition Number of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the issuance of long-term debt that is not secured by collateral. Excludes proceeds from tax exempt unsecured debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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