v3.23.1
Convertible debentures -net of discounts (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Convertible Debt [Table Text Block]

During the year ended December 31, 2022, the Company [partially] funded operations with borrowing on new convertible promissory notes. This table presents the positions on the notes as of December 31, 2022, and 2021.

 

Holder

 

Date

of Loan

 

 

Loan

amount

 

 

OID and

discounts

and fees

 

 

Interest

rate

 

 

Balance

December 31, 2022

 

 

Balance

December 31, 2021

 

Power Up Lending Group, Ltd

 

 

3-29-21

 

 

$

80,000

 

 

 

7,500

 

 

 

12

%

 

$

0

 

 

$

0

 

Power Up Lending Group, Ltd

 

 

5-25-21

 

 

 

53,625

 

 

 

4,875

 

 

 

10

%

 

 

0

 

 

 

0

 

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

   

2-22-22

     

35,000

     

3,750

     

12

%

   

38,750

      0  

Oasis Capital

 

 

07-19-21

 

 

 

118,000

 

 

 

10,000

 

 

 

8

%

 

 

0

 

 

 

7,653

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

     Total convertible debt

 

 

 

 

 

$

376,625

 

 

$

33,625

 

 

 

 

 

 

 

175,000

 

 

 

143,883

 

Derivative liability - Net of OID

                                   

268,311

     

58,810

 

Less Original issue discounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

-

 

Balances at 12-31-22 and 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

443,311

 

 

$

233,810