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NOTE 8 - CONVERTIBLE LOANS: Schedule of convertible loans (Tables)
3 Months Ended
Mar. 31, 2020
Tables/Schedules  
Schedule of convertible loans

                                                                                                                                     

 

March 31,

 

December 31,

 

 

2020

 

2019

Promissory notes – Issued in fiscal year 2019, with variable conversion features

$

1,359,750

$

1,908,750

Promissory notes – Issued in fiscal year 2020, with variable conversion features

 

900,000

 

-

Total convertible notes payable

 

2,259,750

 

1,908,750

Less: Unamortized debt discount

 

(279,035)

 

(646,212)

Total convertible notes

 

1,980,715

 

1,262,538

 

 

 

 

 

Less: current portion of convertible notes

 

1,979,012

 

1,251,096

Long-term convertible notes

$

1,703

$

11,442