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PREFERRED STOCK LIABILITY (Tables)
 3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of preferred stock liability
                  
Preferred Type  Shares   Conversion
Price		  Stated
Value		   Fair Value 
Series E Convertible Preferred Liability   83,000   See below*  $8,300,000   $7,055,000 
Series F Convertible Preferred Liability   1,000   See below*   100,000    82,000 
Series G Convertible Preferred Liability   16,000   See below*   1,600,000    1,360,000 
Total   100,000      $10,000,000   $8,500,000 

 

*Each Preferred Share is convertible into such number of shares of the Company’s common stock equal to the stated value per share divided by the conversion price, which is equal to 85% of the closing sale price of the common stock on the trading day prior to the date of conversion, subject to a floor price of $0.10, which floor price is not affected by the recently consummated reverse split.