LOAN PAYABLE (Details Narrative) - USD ($) |
1 Months Ended | |||
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Apr. 30, 2018 |
Nov. 30, 2017 |
Apr. 19, 2017 |
Jun. 30, 2018 |
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Debt Disclosure [Abstract] | ||||
Loan principal amount | $ 2,100,000 | |||
Maturity date | Mar. 31, 2020 | |||
Term | 1 year | |||
Annual interest rate | 10.00% | |||
Repayment of loan | $ 500,000 | $ 600,000 | ||
Outstanding principal balance | $ 1,000,000 | |||
Accrued and unpaid interest | $ 24,931 |
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- Definition Amount accrued and unpaid for Interest during the period. No definition available.
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- Definition Information relating to outstanding principal balance. No definition available.
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- Definition Amount of outstanding long-term debt or borrowing associated with any securities or credit agreement for which there has been a default in principal, interest, sinking fund, or redemption provisions, or any breach of covenant that existed at the end of the period and subsequently has not been cured. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition The cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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