General form of registration statement for all companies including face-amount certificate companies

EQUITY (Detail Textuals 1)

v3.19.1
EQUITY (Detail Textuals 1) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Aug. 17, 2018
Nov. 30, 2018
Aug. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period     4 years
Stock based compensation   $ 13,000 $ 56,835
Equity Incentive Plan 2018      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares issued under options 3,000,000    
Percentage of exercise price of incentive stock option granted to stockholder     10.00%
Percentage of grant date fair market value not less than ten percent exercise price of incentive stock option granted to stockholder     110.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period     10 years
Term of incentive stock option granted under stock option plan     5 years
Number of shares outstanding     400,000
Exercise price     $ 1.35
Expected term     10 years
Expected volatility     170.00%
Risk free interest rate     2.87%
Expected dividend yield     0.00%
Percentage of stock option vest on vesting commencement date     25.00%
Percentage of stock option vest on vesting commencement date for each month thereafter     0.02083%
Number of shares reserved for future issuance     2,600,000
Remains unamortized stock base expenses   401,468 $ 429,519
Stock based compensation   $ 28,051 $ 107,169
Term of remaining life of stock options weighted average value     9 years 11 months 19 days
Number of shares granted during period   400,000 400,000 [1]
Expiration date under plan Aug. 17, 2028    
Intrinsic value   $ 0 $ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price   $ 9.72  
Equity Incentive Plan 2018 | Director and consultants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Exercise price $ 1.35    
Number of shares granted during period 400,000    
Expiration date under plan Aug. 17, 2028    
[1] The number of Shares that will vest upon the first day following the end of such Vesting Period (a “Vesting Date”) will equal (i) the lesser of (a) the number of hours that the Company’s Chief Executive Officer certifies Participant provided the Services during such Vesting Period or (b) 30, multiplied by (ii) a number of Shares equal to 350 divided by the exercise price per Share of the option. “Vesting Period” means each three-month period during the term of the consulting agreement, beginning on the Vesting Commencement Date.