|9 Months Ended|
Sep. 30, 2018
|Subsequent Events [Abstract]|
14. SUBSEQUENT EVENTS
Management has evaluated all subsequent events to determine if events or transactions occurring through the date the condensed consolidated financial statements were issued, require adjustment to or disclosure in the accompanying condensed consolidated financial statements.
Between October 5, 2018 and October 28, 2018, the Company received proceeds of $450,000 from the issuance of Gaucho Notes to three investors (see Note 9 - Convertible Debt Obligations).
Foreign Currency Exchange Rates
The Argentine peso to United States dollar exchange rate was 35.9954, 41.2830 and 18.593 at November 14, September 30, 2018 and December 31, 2017, respectively.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef