DERIVATIVE LIABILITY

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE LIABILITY

NOTE 10 – DERIVATIVE LIABILITY

The Company currently has derivative liabilities for its convertible promissory notes with John Murphy and Nicosel, LLC.

A summary of the activity of the derivative liability for these notes is as follows:

Balance at December 31, 2022	$	53,967
Increase to derivative due to new issuances		519,989
Derivative gain due to mark to market adjustment		(280,335	)
Balance at December 31, 2023		293,621
Decrease to derivative due to repayments		(66,769	)
Increase to derivative due to new issuances		378,156
Derivative gain due to mark to market adjustment		(94,854	)
Balance at December 31, 2024	$	510,154

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy is as follows:

Inputs	December 31, 2024			Initial Valuation
Stock price	$	0.0033		$	0.0004 - 0.0039
Conversion price	$	0.0009 - 0.0011		$	0.001 - 0.002
Volatility (annual)		333.08% - 310.70%			186.77% - 500.68%
Risk-free rate		4.37	%		4.19% - 5.21%
Dividend rate		–			–
Years to maturity		0.25 - 0.33			1