December 31,

2021

2020

Note receivable from Lineal Star Holdings, LLC pursuant to a Promissory Note dated effective December 31, 2019, in the original principal amount of $1,539,719, accruing annual interest of 10.5%, due quarterly beginning on March 31, 2020, maturing December 31, 2021. The Company has ceased recording accrued but unpaid interest, and has reserved the full balance of the note as of December 31, 2021 and 2020.

See also “Note 13 – Lineal Merger Agreement and Divestiture”.

1,539,719

Note receivable from Lineal Star Holdings, LLC pursuant to a Promissory Note No. 2 dated effective December 31, 2019, in the original principal amount of $800,000, accruing annual interest of 8%, due quarterly beginning on March 31, 2020, maturing December 31, 2021. The Company has ceased recording accrued but unpaid interest, and has reserved the full balance of the note as of December 31, 2021 and 2020.

See also “Note 13 – Lineal Merger Agreement and Divestiture”.

800,000

Total notes receivable

2,339,719

Less: allowance for doubtful collection

(2,339,719

)

(2,339,719

)

Total notes receivable - net

$

-

$

-