Quanta, Inc. Transition report pursuant to Rule 13a-10 or 15d-10

Transition report pursuant to Rule 13a-10 or 15d-10

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Convertible Notes Payable (Details Narrative)

v3.19.1

Convertible Notes Payable (Details Narrative) - USD ($)		9 Months Ended		12 Months Ended
Convertible Notes Payable (Details Narrative) - USD ($)	May 17, 2018	Dec. 31, 2018	Dec. 31, 2017	Mar. 31, 2018
Accretion of convertible notes				$ 41,000
Convertible notes payable				1,056,000
Gain on settlement of debt		41,000
Conversion and Settlement Agreement [Member]
Convertible notes payable principal amount	$ 1,015,000	$ 1,015,000
Debt converted in to common stock shares	3,771,040	3,771,040
Total amount of convertible notes, accreted balance, and accrued interest	$ 1,056,000
Gain on settlement of debt	$ 41,000
Conversion and Settlement Agreement [Member] \| Minimum [Member]
Debt conversion price per share	$ 0.30	$ 0.30
Conversion and Settlement Agreement [Member] \| Maximum [Member]
Debt conversion price per share	$ 1.04	$ 1.04
Nine Convertible Notes Payable [Member]
Convertible notes payable issued				$ 1,015,000
Debt interest percentage				5.00%
Debt term				24 months
Debt discount percentage				20.00%
Fair value of convertible notes				$ 1,181,250
Fair value of convertible notes accreted term				2 years

- Definition

Accretion of convertible notes.

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Total amount of convertible notes, accreted balance, and accrued interest.

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Fair value portion of borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock.

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Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.

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The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period.

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The price per share of the conversion feature embedded in the debt instrument.

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Face (par) amount of debt instrument at time of issuance.

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Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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