| SCHEDULE OF CONVERTIBLE NOTES PAYABLE |
Convertible
notes payable consisted of the following:
SCHEDULE
OF CONVERTIBLE NOTES PAYABLE
| |
|
March 31,
2022
|
|
|
December 31,
2021
|
|
| |
|
|
|
|
|
|
|
|
$ |
457,380 |
|
|
$ |
457,380 |
|
| January 28, 2020 ($457,380)
– 0% interest per annum outstanding principal and interest due October 20, 2022 |
|
$ |
457,380 |
|
|
$ |
457,380 |
|
| June 23, 2020 ($60,500) –
0% interest per annum outstanding principal and interest due October 20, 2022 |
|
|
60,500 |
|
|
|
60,500 |
|
| September 17, 2020 ($199,650) –
0% interest per annum outstanding principal and interest due October 20, 2022. On October 28, 2021, Osher elected to convert
$16,714 of the aggregate principal amount of the Note of $199,650, into 42,857 common shares. |
|
|
182,936 |
|
|
|
182,936 |
|
| March 23, 2022
($220,000) – 0% interest per annum outstanding principal and interest due October 23, 2023 |
|
|
220,000 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| Total
convertible notes payable |
|
|
920,816 |
|
|
|
700,816 |
|
| Original issue discount |
|
|
(57,092 |
) |
|
|
(53,614 |
) |
| Debt
discount |
|
|
(158,804 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| Total
convertible notes payable |
|
$ |
704,920 |
|
|
$ |
647,202 |
|
|
| SCHEDULE OF PRINCIPAL PAYMENTS DUE ON CONVERTIBLE PROMISSORY DEBENTURES |
Principal
payments on convertible promissory debentures are due as follows:
SCHEDULE
OF PRINCIPAL PAYMENTS DUE ON CONVERTIBLE PROMISSORY DEBENTURES
| Year ending December 31, |
|
|
|
| 2022 |
|
$ |
700,816 |
|
| 2023 |
|
|
220,000 |
|
| Total |
|
$ |
920,816 |
|
|