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NOTE 7 – DERIVATIVE LIABILITY (Tables)

9 Months Ended

Sep. 30, 2021

Note 7 Derivative Liability

NOTE - 7 DERIVATIVE LIABILITY - Schedule of Fair Value Measurement of Liabilities

			As of				As of
			September 30,				December 31,
			2021				2020
Expected term			0.16 - 1.18 years				0.02 - 6.00 years
Expected average volatility			145% - 241%				74% - 550%
Expected dividend yield			—				—
Risk-free interest rate			0.07% - 0.09%				0.05% - 2.56%

NOTE 7 - DERIVATIVE LIABILITY - Fair Value Measurements Using Significant Observable Inputs

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - December 31, 2020		$	1,025,691
Settled on issuance of common stock			(708,611)
Change in fair value of the derivative			(317,080)
Balance - September 30, 2021		$	—

NOTE 7 - DERIVATIVE LIABILITY - Schedule of Change in Fair Value of Derivative Liability Included in Income Statement

		Nine months Ended
		September 30,
		2021				2020
Addition of new derivatives recognized as loss on derivatives		$	—			$	1,040,636
Revaluation of derivative liabilities			(317,080	)			(2,391,149)
(Gain) loss on change in fair value of the derivative		$	(317,080	)		$	(1,350,513)

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Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Tabular disclosure of information about fair value of asset and liability not measured at fair value.

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
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