NATURE OF OPERATIONS AND RECENT DEVELOPMENTS (Details Narrative) |
9 Months Ended | ||
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May 06, 2019
USD ($)
$ / shares
shares
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Sep. 30, 2019 |
Jun. 03, 2019
USD ($)
Installment
shares
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Significant Business Developments [Line Items] | |||
Common stock redemption description | The redemption of Triangulum’s shares was given effect pursuant to our Articles of Incorporation (the “Articles”), which expressly provide that if certain events occur in relation to a stockholder that is required to undergo a gaming suitability review or similar investigative process, we have the option to purchase all or any part of such stockholder’s shares at a price per share that is equal to the average closing share price over the thirty calendar days preceding the purchase. The average closing share price over the thirty calendar days preceding the redemption was $1.68 per share. | ||
Common stock redemption price per share | $ / shares | $ 1.68 | ||
Michael Gavin Isaacs | |||
Significant Business Developments [Line Items] | |||
Number of restricted common stock shares issuable as per service agreement | 75,000 | ||
Number of annual vesting installments for restricted common stock | Installment | 3 | ||
Quarterly eligible compensation in common stock grants | 12,400 | ||
Annual cash compensation | $ | $ 42,000 | ||
Promissory Note | |||
Significant Business Developments [Line Items] | |||
Debt instrument, face amount | $ | $ 39,096,401 | ||
Triangulum | |||
Significant Business Developments [Line Items] | |||
Shares redeemed | 23,271,667 |
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- Definition Annual cash compensation. No definition available.
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- Definition Number of annual vesting installments for restricted common stock. No definition available.
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- Definition Number of restricted common stock shares issuable as per service agreement. No definition available.
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- Definition Quarterly eligible compensation in common stock grants. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of stock bought back by the entity at the exercise price or redemption price. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total cost of shares repurchased divided by the total number of shares repurchased. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of share repurchase program, including accounting treatment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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