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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
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