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SELECTED ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2022
SELECTED ACCOUNTING POLICIES  
Schedule Of Derivative Liabilities At Fair Value

 

 

June 30, 2022

Fair Value Measurements

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total Fair Value

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Liabilities

 

$-

 

 

$-

 

 

$545,293

 

 

$545,293

 

Total

 

$-

 

 

$-

 

 

$545,293

 

 

$545,293

 

 

 

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

 

 

12,909

 

Balance at June 30, 2022

 

$545,293

 

Schedule Of Assumptions Used

 

 

June 30, 2022

Derivative Liability

 

Expected term

 

1 year

 

Exercise price

 

$0.00008

 

Expected volatility

 

 

270%

Expected dividends

 

None

 

Risk-free rate

 

 

2.80%