| 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 September 30, 2022, and December 31, 2021.
|
Holder
|
|
Date
of Loan
|
|
|
Loan
amount
|
|
|
OID and
discounts
and fees
|
|
|
Interest
rate
|
|
|
Balance
September 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 9-30-22 and 12-31-21
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
474,849 |
|
|
$
|
233,810 |
|
|