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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Note 10 - SUBSEQUENT EVENTS

Subsequent to June 30, 2019, several convertible note holders (see Note 6) elected to convert $64,817 of outstanding principal and interest into 167,027,820 shares of the Company’s common at $0.0008 per share.

 

Subsequent to June 30, 2019 the Company entered into a new convertible note agreement for $30,000 with one lender with a variable conversion price equal to 58% of the lowest closing price of the Company’s stock twenty-day prior to conversion. The Note matures on August 2, 2020 at an interest rate of twelve percent (12%). Any amount of principal or interest on this Note which is not paid when due shall bear interest at the rate of twenty two percent (22%) per annum from the due date thereof until the same is paid. Additionally, this Note may not be prepaid.

 

Additionally subsequent to June 30, 2019, the Company issued 3,041,192 shares value at approximately $2,500 to two service providers.