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SUBSEQUENT EVENTS (Tables)
12 Months Ended
Dec. 31, 2023
SCHEDULE OF DEBT REMAINING OUTSTANDING

At December 24, 2024, the remaining outstanding note is as follows:

 

Debtor  Date of Issuance  Principal Amount  Interest Rate  Accrued Interest  Total Amount  Maturity Date
Private Placement, 2021 Note  5/3/2021   805,000    10%   143,642    948,642   3/01/2025
SCHEDULE OF FAIR MARKET VALUE OF ASSETS ACQUIRED AND LIABILITIES ASSUMED

   October 25, 2024 
Consideration Paid     
Common Stock – 3,389,169 shares @ $0.109  $368,623 
Preferred Stock – 28,467,564 shares @ $0.543   15,481,377 
Preferred Stock returned to Treasury - 14,085,410 shares   (4,007,572)
Total consideration  $11,842,428 
      
Assets acquired and liabilities assumed:     
Cash  $396 
Assumed Expenses   1,828 
Intangible assets – amortized over 17 years   8,190,000 
Goodwill   5,382,610 
      
Deferred taxes (21%)   (1,719,900)
Loan from affiliate   (12,506)
Assumed value  $11,842,428 
Preferred Stock [Member]  
SCHEDULE OF STOCKHOLDER’S EQUITY

Date     # Shares   Amount   Price/Share   Type  Notice
1/01/2024         $   $       
8/19/2024  g   19,221,026    4,139,126    0.215   conversion Common Stock  affiliate
8/19/2024  d   8,973,405    160,950    0.018   exercise of warrant  affiliate
8/19/2024  c   776,817    353,840    0.455   debt conversion  affiliate
8/28/2024  g   22,370    14,820    0.662   conversion Common Stock  affiliate
8/28/2024  g   (100,000)   (500)   0.005   conversion Common Stock  affiliate
10/25/2024  c   28,467,564    13,095,079    0.460   return to treasury  affiliate
10/25/2024  a   (14,085,410)   (4,007,572)   0.285   subsidiary acquisition  affiliate
10/25/2024  b   82,476    37,939    0.460   see 2021 stock plan  affiliate
12/04/2024  h   (200,000)   (1,000)   0.005   gift transfer  affiliate
12/31/2024      43,158,248   $13,806,213   $0.318       

 

Issuance of Preferred Stock after December 31, 2024

 

1/06/2025   d    

390,140

     

122,894

     

0.315

    2021 stock plan   affiliate

 

 

  viii. Issuance of Common Stock in the period January 1 and December 31, 2024

 

Date     # Shares   Amount   Price/Share   Type  Notice
1/01/2024      144,642,333   $13,158,312   $0.090       
1/17/2024  a   333,333    45,000    0.135   private placement   
1/17/2024  -       (45,000)      subscription   
1/18/2024  c   3,703,704    500,000    0.135   debt conversion   
1/18/2024  c   3,599,289    485,904    0.135   debt conversion  affiliate
1/22/2024  c   4,356,778           exercise of warrant  cashless
1/22/2024  b   8,950,474    1,163,562    0.130   convertible note   
3/20/2024  b   906,618    100,000    0.110   convertible note   
3/27/2024  c   3,705,808    385,404    0.104   debt conversion   
4/04/2024  c   1,000,000    104,000    0.104   debt conversion   
4/15/2024  b   479,192    62,295    0.130   convertible note   
4/15/2024  a   173,077    18,000    0.104   private placement   
4/19/2024  c   250,000    32,125    0.129   debt conversion   
4/22/2024  a   194,553    25,000    0.128   private placement   
5/16/2024  b   769,231    100,000    0.130   convertible note   
5/20/2024  c   1,027,397    150,000    0.146   debt conversion   
6/27/2024  a   212,766    20,000    0.094   private placement   
8/19/2024  g   (96,105,125)   (4,139,126)   0.043   conversion Preferred Stock  affiliate
8/28/2024  g   (111,847)   (14,820)   0.133   conversion Preferred Stock  affiliate
8/28/2024  g   500,000    500    0.001   conversion Preferred Stock  affiliate
10/25/2024  h   3,389,169    311,803    0.092   subsidiary acquisition   
12/4/2024  h   1,000,000    1,000    0.001   gift transfer   
see Note 10  d   1,886,944    207,289    0.110   2021 Stock Plan  affiliate
see Note 10  d   1,919,214    201,875    0.105   2021 Stock Plan   
12/31/2024      86,782,908   $12,873,123   $0.148       

 

Issuance of Common Stock after December 31, 2024

 

1/06/2025   d    

1,348,951

     

80,984

     

0.063

    2021 stock plan    

 

  a The Company claims an exemption from the registration requirements of the Securities Act for the private placement of these securities pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act.
     
  b The Common Stock underlying the Convertible Note(s) are currently eligible for resale under Rule 144. At the time of sale of the promissory note, the Company claimed an exemption from the registration requirements of the Securities Act for these securities pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act.
     
  c The Company claims an exemption from the registration requirements of the Securities Act pursuant to the Exchange Exemption in Rule 3(a)(9) of the Securities Act.
     
  d The Company claims an exemption from the registration requirements of the Securities Act for the Compensatory Benefit Plan pursuant to Rule 701 of the Securities Act.
     
  e The Company claims an exemption from the registration requirements of the Securities Act pursuant to the Exchange Exemption in section 12(a) of the Securities Act.
     
  f The shares were issued after the Company filed a registration statement with the SEC, on Form S-1
     
  g The Company claims an exemption from the registration requirements of the Securities Act pursuant to the Exchange Exemption under Rule 145 of the Securities Act.
     
  h The Company claims an exemption from the registration requirements of the Securities Act pursuant to the Exchange Exemption under Rule 144 of the Securities Act.