PRIVATE PLACEMENT (Details Narrative) - USD ($) |
6 Months Ended | |
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Dec. 18, 2018 |
Dec. 31, 2018 |
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Proceeds from private placement | $ 1,160,000 | |
Private Placement [Member] | Mountain Wood, LLC [Member] | Chardan Investments, LLC (the "Sponsor") [Member] | ||
Number of shares issued in transaction | 2,900,000 | |
Price per share (in dollars per share) | $ 0.40 | |
Proceeds from private placement | $ 1,160,000 | |
Sale of stock, description of transaction | Each Private Placement Warrant is exercisable to purchase one share of common stock at an exercise price of $11.50. | |
Exercise price of warrants (in dollars per share) | $ 11.50 |
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of stock transaction which may include details of the offering (IPO, private placement), a description of the stock sold, percentage of subsidiary's or equity investee's stock sold, a description of the investors and whether the stock was issued in a business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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