|12 Months Ended|
Dec. 31, 2019
|Subsequent Events [Abstract]|
The Company has evaluated events and transactions that occurred from December 31, 2019 through the date of the filing for possible disclosure and recognition in the financial statements.
Through May 29, 2020, the Company borrowed $300,000 from a related party to cover operating expenses. The Note bears interest at 10% and is due in twelve months.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef