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ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2022
ACCOUNTING POLICIES  
Schedule Of Derivative Liabilities At Fair Value

 

 

March 31, 2022

Fair Value Measurements

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total Fair Value

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Liabilities

 

$-

 

 

$-

 

 

$484,566

 

 

$484,566

 

Total

 

$-

 

 

$-

 

 

$484,566

 

 

$484,566

 

 

 

December 31, 2021

Fair Value Measurements

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total Fair Value

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Liabilities

 

$-

 

 

$-

 

 

$532,384

 

 

$532,384

 

Total

 

$-

 

 

$-

 

 

$532,384

 

 

$532,384

 

Derivative liability as of December 31, 2021

 

$532,384

 

Change in derivative liability during the period

 

 

(47,818)

Balance at March 31, 2022

 

$484,566

 

Schedule Of Assumptions Used

 

 

March 31, 2022

Derivative Liability

 

Expected term

 

1 year

 

Exercise price

 

$0.00008

 

Expected volatility

 

 

196%

Expected dividends

 

None

 

Risk-free rate

 

 

1.63%