| Convertible Debt [Table Text Block] |
During the year ended December 31, 2021, the Company [partially] funded operations with borrowing on new convertible promissory notes. This table presents the positions on the notes as of June 30, 2022, and December 31, 2021.
|
Holder
|
|
Date
of Loan
|
|
|
Loan
amount
|
|
|
OID and
discounts
and fees
|
|
|
Interest
rate
|
|
|
Balance
June 30, 2022
|
|
|
Balance
December 31, 2021
|
|
|
Power Up Lending Group Ltd
|
|
|
10-06-21 |
|
|
|
50,000 |
|
|
$
|
3,750 |
|
|
|
8 |
%
|
|
|
53,750 |
|
|
|
53,750 |
|
|
6th Street Lending LLC
|
|
|
11-10-21 |
|
|
|
35,000 |
|
|
|
3,750 |
|
|
|
12 |
%
|
|
|
38,750 |
|
|
|
38,750 |
|
|
6th Street Lending LLC
|
|
|
12-17-21 |
|
|
|
40,000 |
|
|
|
3,750 |
|
|
|
12 |
%
|
|
|
43,750 |
|
|
|
43,750 |
|
|
6th Street Lending, LLC
|
|
|
2-22-22 |
|
|
|
35,000 |
|
|
|
3,750 |
|
|
|
12 |
%
|
|
|
38,750 |
|
|
|
0 |
|
|
Oasis Capital
|
|
|
07-19-21 |
|
|
|
118,000 |
|
|
|
10,000 |
|
|
|
8 |
%
|
|
|
0 |
|
|
|
7,653 |
|
|
Derivative liability
|
|
|
12-31-21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
301,724 |
|
|
|
99,034 |
|
|
Total convertible debt
|
|
|
|
|
|
$
|
278,000 |
|
|
$
|
25,000 |
|
|
|
|
|
|
|
476,724 |
|
|
|
242,937 |
|
|
Less Original issue discounts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,875 |
)
|
|
|
(9,127 |
)
|
|
Balances at 6-30-22 and 12-31-21
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
474,849 |
|
|
$
|
233,810 |
|
|