XML 25 R15.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONVERTIBLE NOTES PAYABLE, IN DEFAULT
6 Months Ended
Dec. 31, 2021
CONVERTIBLE NOTES PAYABLE, IN DEFAULT  
NOTE 9. CONVERTIBLE NOTES PAYABLE, IN DEFAULT

NOTE 9. CONVERTIBLE NOTES PAYABLE, IN DEFAULT

 

As of December 31 and June 30, 2021, the convertible notes payable were as follows:

 

Date of Note

Issuance

 

 Original

Principal

Balance

 

 

Maturity

Date

 

Interest

Rate %

 

 

Conversion Rate

 

 

Principal

Balance

12/31/21

 

 

Principal

Balance

6/30/21

 

8/26/14

 

 

50,000

 

 

2/26/14

 

 

10%

 

$0.0001

 

 

$50,000

 

 

$50,000

 

6/15/12

 

 

8,000

 

 

12/15/12

 

 

10%

 

$0.000350

 

 

 

8,000

 

 

 

8,000

 

10/18/11

 

 

1,900

 

 

10/18/11

 

 

8%

 

25% discount to market

 

 

 

6,900

 

 

 

6,900

 

10/3/10

 

 

20,000

 

 

10/3/12

 

 

10%

 

 lesser $0.01 or 20% discount to market

 

 

 

20,000

 

 

 

20,000

 

10/31/09

 

 

4,000

 

 

10/31/10

 

 

8%

 

 25% discount of previous 5 days closing price 

 

 

 

4,000

 

 

 

4,000

 

8/31/09

 

 

5,000

 

 

8/31/12

 

 

12%

 

 lesser $0.01 or 20% discount to market

 

 

 

5,000

 

 

 

5,000

 

8/26/09

 

 

20,000

 

 

8/26/12

 

 

12%

 

 lesser $0.01 or 20% discount to market

 

 

 

20,000

 

 

 

20,000

 

8/25/09

 

 

20,000

 

 

8/25/12

 

 

12%

 

 lesser $0.01 or 20% discount to market

 

 

 

20,000

 

 

 

20,000

 

2/26/07

 

 

30,000

 

 

2/26/09

 

 

12%

 

 lesser $0.50 or 35% discount to market

 

 

 

30,000

 

 

 

30,000

 

4/17/07

 

 

20,000

 

 

4/17/09

 

 

10%

 

 lesser $0.45 or 35% discount to market

 

 

 

20,000

 

 

 

20,000

 

6/14/07

 

 

15,000

 

 

6/15/09

 

 

10%

 

 lesser $0.50 or 25% discount to market

 

 

 

15,000

 

 

 

15,000

 

1/29/07

 

 

15,000

 

 

1/29/09

 

 

10%

 

$0.95

 

 

 

15,000

 

 

 

15,000

 

4/17/07

 

 

15,000

 

 

4/17/09

 

 

10%

 

 lesser $0.45 or 35% discount to market

 

 

 

15,000

 

 

 

15,000

 

12/23/06

 

 

18,000

 

 

12/23/08

 

 

10%

 

$0.95

 

 

 

18,000

 

 

 

18,000

 

11/30/06

 

 

50,000

 

 

11/30/08

 

 

10%

 

$0.85

 

 

 

50,000

 

 

 

50,000

 

9/16/06

 

 

100,000

 

 

9/9/08

 

 

12%

 

 35% discount to market

 

 

 

38,000

 

 

 

38,000

 

10/1/05

 

 

15,000

 

 

4/1/07

 

 

10%

 

$0.50

 

 

 

15,000

 

 

 

15,000

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$349,900

 

 

$349,900