COMMITMENTS AND CONTINGENCIES Patent Acquisitions (Details Narrative) |
12 Months Ended | 91 Months Ended |
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Dec. 31, 2020
USD ($)
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Dec. 31, 2020
USD ($)
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Commitments And Contingencies Disclosure Abstract | ||
Obligated to pay Cox, net proceeds percentage | 12.50% | 12.50% |
Description of additional consideration to payable | In addition, M2M will be entitled to receive from the Company $250,000 of additional consideration upon the occurrence of certain future events related to the patent portfolio. | |
Recognition aggreagte net proceeds payment related to Mirror Worlds patents | $ 3,127,000 | |
Recognition Net Proceeds | ||
First $125 Million | 10.00% | 10.00% |
Next $125 Million | 15.00% | 15.00% |
Over $250 Million | 20.00% | 20.00% |
M2M Net Proceeds | ||
First $100 Million | 14.00% | 14.00% |
Next $100 Million | 5.00% | 5.00% |
Additional consideration payable upon occurrence of certain future events | $ 250,000 | $ 250,000 |
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