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Derivative Liabilities
 9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Derivative Liabilities

Note 10 – Derivative Liabilities

 

As a result of the convertible notes we recognized the embedded derivative liability on the date of note issuance. We also revalued the remaining derivative liability on the outstanding note balance on the date of the balance sheet. We value the derivative liability using a binomial lattice model with an expected volatility range of 70% to 84%, a risk-free interest rate range of 0.15%, an exercise price range of $.98 to $1.032 and a stock price of $1.32. The remaining derivative liabilities were:

 SCHEDULE OF FAIR VALUE OF DERIVATIVE LIABILITY 

           
   September 30, 2022   December 31, 2021 
Derivative Liabilities on Convertible Loans:          
Outstanding Balance  $269,663   $256,683 

 

Note 9 – Derivative Liabilities

 

As a result of the convertible notes we recognized the embedded derivative liability on the date of note issuance. We also revalued the remaining derivative liability on the outstanding note balance on the date of the balance sheet. We value the derivative liability using a binomial lattice model with an expected volatility range of 39% to 56% and a risk-free interest rate of 0.15% The remaining derivative liabilities were:

 

   December 31, 2021   December 31, 2020 
Derivative Liabilities on Convertible Loans:          
Outstanding Balance  $256,683   $2,008,802