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v3.22.1

RELATED PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2021
RELATED PARTY TRANSACTIONS |
Schedule of related party notes payable |
|  | 2021 |  |  | 2020 |
Beginning Balance |  | $ | 501,675 |  |  | $ | 1,375,532 |
Payments |  |  | - |  |  |  | (996,136 | )
Foreign currency translation |  |  | (37,411 | ) |  |  | 122,279 |
Ending Balance |  | $ | 464,264 |  |  | $ | 501,675 |
Summary of related party loans payable |
|  | 2021 |  |  | 2020 |
Beginning balance |  | $ | 1,629,246 |  |  | $ | 1,026,264 |
Proceeds |  |  | 6,377,156 |  |  |  | 725,563 |
Payments |  |  | (133,552 | ) |  |  | (149,695 | )
Conversion of debt |  |  | (6,000,000 | ) |  |  | - |
Settlement of lawsuit |  |  | (600,000 | ) |  |  | - |
Foreign currency translation |  |  | 20,623 |  |  |  | 27,114 |
Ending balance |  | $ | 1,293,472 |  |  | $ | 1,629,246 |

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