Convertible Note Receivable - Related Party (Details Narrative) - USD ($) |
3 Months Ended | |
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Sep. 30, 2017 |
Jun. 30, 2017 |
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Convertible promissory note, principal amount | $ 750,000 | |
Convertible note receivable - related party | $ 700,000 | $ 200,000 |
Convertible note, interest rate | 5.00% | |
Convertible note, maturity date | Feb. 01, 2018 | |
Conversion price | $ 0.6788 | |
Convertible Promissory Note Agreement [Member] | WRLD3D, Inc. [Member] | ||
Proceeds from loan receivable | $ 50,000 | |
Minimum [Member] | ||
Conversion equity financing | 2,000,000 | |
Maximum [Member] | ||
Conversion equity financing | $ 2,000,000 |
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- Definition The carrying amount of the equity component of convertible debt which may be settled in cash upon conversion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Price of the entity's common stock which would be required to be attained for the conversion feature embedded in the debt instrument to become effective. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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/presentationRef
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- Definition An amount representing an agreement for an unconditional promise by the maker to pay the Company (holder) a definite sum of money within one year from the balance sheet date (or the normal operating cycle, whichever is longer), net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with the collection, including prepayments, of loans receivable issued for financing of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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