General form of registration statement for all companies including face-amount certificate companies

OTHER CURRENT ASSETS

v3.20.2
OTHER CURRENT ASSETS
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Disclosure Text Block Supplement [Abstract]    
OTHER CURRENT ASSETS

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    June 30,
2020
    December 31,
2019
 
             
Prepaid insurance   $ 229,309     $ 85,201  
Deposits     28,115       28,115  
Other prepaid expenses     24,018       105,013  
Advances for raw material purchases     24,006       450,691  
Prepaid marketing costs     167       31,579  
Total other current assets   $ 305,615     $ 700,599  

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    Years Ended December 31,  
    2019     2018  
Advances for raw material purchases   $ 450,691     $ -  
Other prepaid expenses     105,013       40,654  
Prepaid insurance     85,201       102,743  
Prepaid marketing costs     31,579       125,525  
Deposits     28,115       31,965  
Miscellaneous receivables     -       44,294  
Prepaid financing costs     -       188,300  
Total other current assets   $ 700,599     $ 533,481