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NOTE 6 –LOANS PAYABLE (Tables) | 9 Months Ended
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Sep. 30, 2024
Debt Disclosure [Abstract] |
NOTE 6 - LOANS PAYABLE - Schedule of Loans Payable |
|  | September 30, |  | December 31, |  |  |  | Interest
|  | 2024 |  | 2023 |  | Term |  | rate
Martus |  | $ | 103,738 |  |  | $ | 103,738 |  |  | Note was issued on October 23, 2018 and due on January 2, 2025 |  |  | 5.0 | %
Darlene Covid19 |  |  | 80,019 |  |  |  | 99,099 |  |  | Note was issued on April 1, 2020 and due on March 31, 2025 |  |  | 0.0 | %
Promissory note payable |  |  | — |  |  |  | 165,000 |  |  | Note was issued April 4, 2023 and due on April 4, 2024 |  |  | 24.0 | %
Promissory note payable |  |  | 217,391 |  |  |  | — |  |  | Note was issued June 11, 2024 and due on June 11, 2025 |  |  | 2.0 | %(2)
Promissory note payable - acquisition of QXTEL |  |  | 1,500,000 |  |  |  | — |  |  | Note was issued April 1, 2024 and due on June 30, 2025 |  |  | 4.89 | %
Promissory note payable |  |  | 271,739 |  |  |  | — |  |  | Note was issued July 16, 2024 and due on July 16, 2025 |  |  | 2.0 | %(2)
Promissory note payable |  |  | 271,739 |  |  |  | — |  |  | Note was issued July 31, 2024 and due on July 31, 2025 |  |  | 2.0 | %(2)
Promissory note payable |  |  | 190,217 |  |  |  | — |  |  | Note was issued September 23, 2024 and due on September 23, 2025 |  |  | 2.0 | %(2)
Future receipts loan |  |  | 891,650 |  |  |  | — |  |  | Loan was issued September 9, 2024 and due in August 2025 |  |  | Effective rate 92.2 | %(1)
Total |  |  | 3,526,493 |  |  |  | 367,837 |  |  |  |  |  |  |
Less: Unamortized debt discount |  |  | (294,484 | ) |  |  | (3,750 | ) |  |  |  |  |  |
Total loans payable |  |  | 3,232,009 |  |  |  | 364,087 |  |  |  |  |  |  |
Less: Current portion of loans payable |  |  | (3,232,009 | ) |  |  | (264,988 | ) |  |  |  |  |  |
Long-term loans payable |  | $ | — |  |  | $ | 99,099 |  |  |  |  |  |  |
NOTE 6 - LOANS PAYABLE - Schedule of Loans Payable to Related Parties |
|  | September 30, |  | December 31, |  |  |  | Interest
|  | 2024 |  | 2023 |  | Term |  | rate
49% of Shareholder of SwissLink |  | $ | 21,606 |  |  | $ | 21,606 |  |  | Note is due on demand |  |  | 0 | %
49% of Shareholder of SwissLink |  |  | 237,841 |  |  |  | 237,841 |  |  | Note is due on demand |  |  | 5 | %
Minority Shareholder of QXTEL |  |  | 666,622 |  |  |  | — |  |  | Note is due on October 1, 2025 |  |  | 4.89 | %
Total |  |  | 926,069 |  |  |  | 259,447 |  |  |  |  |  |  |
Less: Current portion of loans payable - related parties |  |  | 926,069 |  |  |  | 259,447 |  |  |  |  |  |  |
Long-term loans payable - related parties |  | $ | — |  |  | $ | — |  |  |  |  |  |  |

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