Related Party Transactions (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 6 Months Ended | |||||
---|---|---|---|---|---|---|---|---|
Apr. 17, 2020 |
Jul. 31, 2020 |
Jul. 31, 2020 |
Jul. 31, 2019 |
Apr. 29, 2020 |
Jan. 31, 2020 |
Jan. 30, 2020 |
Nov. 01, 2016 |
|
Imputed interest | $ 8,043 | $ 13,370 | ||||||
Due to Related Party | $ 334,813 | 334,813 | $ 304,072 | |||||
Interest Expense | 27,616 | 0 | ||||||
Shares Issued, conversions, amount | $ 500 | $ 500 | ||||||
First Bitcoin Capital Inc [Member] | ||||||||
Date of Agreement | May 13, 2020 | |||||||
Purchase Price | $ 1,900,000 | $ 1,900,000 | ||||||
Purchase Price Disclosure | The $1,900,000 was paid through the transfer of $500,000 in BIT cryptocurrency and a $1,400,000 convertible promissory note. The Company is to receive 122,968,776.18 BIT tokens at the price of $0.00406607 per token. The convertible promissory note has a simple interest fee of 9% per year and may be converted into First Bitcoin Capital Corp stock at a 10% discount to market or in additional BIT cryptocurrency tokens. | |||||||
MCIG, Inc [Member] | Series B Preferred Stock [Member] | ||||||||
Common stock, shares converted | 5,000,000 | 5,000,000 | 5,000,000 | |||||
Convertible preferred stock | 500,000 | 500,000 | 500,000 | |||||
Line of Credit | ||||||||
Date of Agreement | Nov. 01, 2016 | |||||||
Line of Credit, Capicity | $ 1,000,000 | $ 1,000,000 | $ 500,000 | |||||
Line of Credit, Current | 218,257 | $ 218,257 | ||||||
Line of Credit, Interest Rate | 0.00% | |||||||
Interest Expense | 3,779 | $ 7,618 | ||||||
Line of Credit, Termination Date | Jan. 01, 2020 | |||||||
Line of Credit #2 | ||||||||
Date of Agreement | Jun. 14, 2018 | |||||||
Line of Credit, Capicity | 100,000 | $ 100,000 | ||||||
Line of Credit, Current | 94,415 | $ 94,415 | $ 85,815 | |||||
Line of Credit, Interest Rate | 0.60% | |||||||
Interest Expense | 1,461 | $ 2,955 | ||||||
Line of Credit, Accured Interest | 11,370 | $ 11,370 | $ 8,412 | |||||
Contract #3 | ||||||||
Date of Agreement | Apr. 17, 2020 | |||||||
Series B Preferred Stock, Shares Issued | 150,000 | |||||||
Series B Preferred Stock, Fair Market Value | $ 6,548,188 | |||||||
Share Issuance #9 | ||||||||
Shares Issued, conversions, shares | 130,128 | |||||||
Shares Issued, conversions, amount | $ 104,988 | |||||||
Overwatch Partners, Inc [Member] | ||||||||
Imputed interest | 425 | 0 | ||||||
Due to Related Party | $ 22,141 | 22,141 | $ 304,072 | |||||
Issuane of preferred stock | $ 100,000 | |||||||
Agreement description | The 100,000 shares of Series A Preferred was issued to Overwatch Partners at the discretion of Michael Hawkins, the sole owner of Epic Industry Corp. The Company's CEO is 50% owner of Overwatch Partners. The issuance represents 33% of the Company's stock on a fully diluted basis and 68% of voting control of the Company. | |||||||
Preferred stock, par value | $ 0.0001 | |||||||
Epic Industry Corp [Member] | ||||||||
Series A Preferred stock, sale, FMV | $ 41,137,788 | 41,137,788 | ||||||
Epic Industry Corp [Member] | Sale Of Preferred Stock 1 | ||||||||
Series A Preferred stock, value | $ 15 | |||||||
Preferred stock series A, shares issued | 50,000 | |||||||
Series A Preferred stock, sale, FMV | $ 40,137,788 | $ 40,137,788 | $ 40,137,788 |