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JOINT VENTURE (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes and other explanatory information [abstract] |
SCHEDULE OF INVESTMENT IN JOINT VENTURE | The Company’s investment in joint venture during the year can be summarized as follows: SCHEDULE OF INVESTMENT IN JOINT VENTURE
Investment balance, December 31, 2021 |  | $ | 1,445,251 |
Recognized gain on contribution of intellectual property |  |  | 1,746,987 |
Share of loss in joint venture for the year ended December 31, 2022 |  |  | (3,211,993 | )
Effect of changes in foreign exchange rates |  |  | 19,755 |
Investment balance, December 31, 2022 |  |  | - |
Recognized gain on contribution of intellectual property |  |  | 1,031,807 |
Share of loss in joint venture for the year ended December 31, 2023 |  |  | (1,031,807 | )
Investment balance, December 31, 2023 and 2024 |  | $ | - |
SCHEDULE OF UNPAID BALANCES ARE INTEREST FREE | SCHEDULE OF UNPAID BALANCES ARE INTEREST FREE
October 31, 2025 |  | $ | 700,000 |
October 31, 2026 |  | $ | 1,000,000 |
October 31, 2027 |  | $ | 1,300,000 |
October 31, 2028 |  | $ | 1,600,000 |
October 31, 2029 |  | $ | 1,900,000 |
Unpaid balances |  | $ | 1,900,000 |
SCHEDULE OF PURCHASE PRICE ALLOCATION | The assessment of the purchase price allocation on the date of purchase has been determined as follows: SCHEDULE OF PURCHASE PRICE ALLOCATION
Fair value consideration paid |  |  |
Convertible debt to be paid over five years |  | $ | 6,500,000 |
Recognized amounts of identifiable net assets: |  |  |  |
Cash |  | $ | 97,833 |
Other non-current assets |  |  | 237,216 |
Accounts payable |  |  | (388,470 | )
Payables to the Company |  |  | (299,266 | )
Net assets (liabilities) acquired |  | $ | (352,687 | )
Loss on acquisition |  | $ | 6,852,687 |
Fair value consideration paid |  | $ | 6,500,000 |
SCHEDULE OF FINANCIAL INFORMATION OF JOINT VENTURE | Summarized financial information of the joint venture is as follows: SCHEDULE OF FINANCIAL INFORMATION OF JOINT VENTURE
December 31, |  | 2024 |  |  | 2023 |  |  | 2022 |
Current assets |  | $ | - |  |  | $ | 1,758,587 |  |  | $ | 1,951,654 |
Intangible assets |  |  | - |  |  |  | 16,155,786 |  |  |  | 18,708,065 |
Liabilities |  |  | - |  |  |  | (149,306 | ) |  |  | (180,897 | )
Owners Equity |  |  | - |  |  |  | (17,765,067 | ) |  |  | (20,478,822 | )
Net loss |  | $ | 3,913,325 |  |  | $ | 3,830,962 |  |  | $ | 4,319,857 |
SCHEDULE OF TRANSACTIONS PRIOR TO BEING ACQUIRED | The following table discloses the amount of transactions the Company conducted with SPX prior to being acquired: SCHEDULE OF TRANSACTIONS PRIOR TO BEING ACQUIRED
|  | Sales |  |  | Purchases |  |  | Loans |  |  | Recoverables |
PTZ |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 300,685 |
PTS |  |  | - |  |  |  | 178,320 |  |  |  | - |  |  |  | - |

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