CONVERTIBLE DEBT (Tables)

9 Months Ended

Sep. 30, 2022

CONVERTIBLE DEBT

Schedule of Convertible Debt

	September 30, 2022			December 31, 2021
Beginning balance convertible notes	$	640,000		$	1,447,000
Proceeds		-			625,000
Payments		-			(907,000	)
Conversion to common stock		(15,000	)		(525,000	)
Subtotal notes		625,000			640,000
Debt discount at year end		-			(258,938	)
Convertible note payable, net of discount	$	625,000		$	381,062

Derivative Liabilities

	Amount
Balance on January 1, 2022	$	45,665
Issuances to debt discount		-
Reduction of derivative related to conversions		(11,629	)
Change in fair value of derivative liabilities		6,627
Balance on September 30, 2022	$	40,663

	September 30,			December 31,
	2022			2021
Dividend yield		0	%		0	%
Expected volatility		157.2	%	106.8%-107.3%
Risk free interest rate		3.75	%	0.41%-0.44%
Contractual terms (in years)		0.50		0.50 – 0.52