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NOTE 13 – WARRANTS (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

NOTE 13 - WARRANTS - Schedule of Warrant Summary

							Weighted Average Remaining
			Warrants outstanding				Contractual life (in years)
Outstanding, December 31, 2023				—				—
Granted				10,000,000				0.88
Exercised				(1,822,216	)			—
Forfeited/canceled				—				—
Outstanding, June 30, 2024				8,177,784				0.50

NOTE 13 - WARRANTS - Schedule of Fair Value Measurement of Liabilities

		As of June 30, 2024
Expected term		0.50 - 0.65 years
Exercise price		$0.17 –$0.23
Expected average volatility		108% - 117%
Expected dividend yield		—
Risk-free interest rate		5.33% - 5.44%

NOTE 13 - WARRANTS - Fair Value Measurements Using Significant Observable Inputs

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - December 31, 2023		$	—
Addition of new derivatives recognized as cash received			100,000
Settled on issuance of common stock			(239,323	)
Change in fair value of derivative liabilities			1,115,510
Balance - June 30, 2024		$	976,187

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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.

+ References

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-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 103
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Tabular disclosure of information about fair value of asset and liability not measured at fair value.

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-Topic 820
-SubTopic 10
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-Section 50
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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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