Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 2023

Stockholders’ Equity [Abstract]

Schedule of Restricted Stock Activity

A summary of restricted stock activity during the period January 1, 2022 to June 30, 2023 is as follows:

	Total restricted shares		Weighted average fair market value per share		Total unvested restricted shares			Weighted average fair market value per share			Total vested restricted shares		Weighted average fair market value per share
Outstanding January 1, 2022		21,495,000	$	0.049		10,247,500		$	0.049			11,247,500	$	0.049
Granted and issued		2,000,000		0.055		-			-			2,000,000		0.055
Forfeited/Cancelled		-		-		-			-			-		-
Vested		-		-		(5,123,750	)		(0.049	)		5,123,750		0.049
Outstanding December 31, 2022		23,495,000	$	0.050		5,123,750		$	0.049			18,371,250	$	0.050
Granted and issued		-		-		-			-			-		-
Forfeited/Cancelled		-		-		-			-			-		-
Vested		-		-		(5,123,750	)		(0.049	)		5,123,750		0.049
Outstanding June 30, 2023		23,495,000	$	0.050		-		$	0.049			23,495,000	$	0.050

Schedule of Restricted Stock Granted Issued and Exercisable

The restricted stock granted, issued and exercisable at June 30, 2023 is as follows:

	Restricted Stock Granted and Vested
Grant date Price	Number Granted		Weighted Average Fair Value per Share
$0.049		20,495,000	$	0.049
$0.050		1,000,000		0.050
$0.055		2,000,000		0.055
		23,495,000	$	0.050

Schedule of Fair Value of the Warrants Granted and Issued Black Scholes Valuation Model

The fair value of the warrants granted and issued, as described above, were determined by using a Black Scholes valuation model using the following assumptions:

	Six months ended June 30, 2023
Exercise price	$	0.0115
Risk free interest rate		3.77 to 4.16	%
Expected life		5 years
Expected volatility of underlying stock		187.40 to 189.37	%
Expected dividend rate		0	%

Schedule of Warrant Activity

A summary of warrant activity during the period January 1, 2022 to June 30, 2023 is as follows:

	Shares Underlying Warrants			Exercise price per share		Weighted average exercise price
Outstanding January 1, 2022		37,304,105		$	0.05 – 0.1875	$	0.12
Granted		51,000,000			0.0115 – 0.0345		0.01826
Increase in warrants due to debt amendment full rachet trigger		72,260,870			0.0115		0.0115
Cancelled on debt amendment		(4,973,914	)		0.15		0.1500
Exercised		-			-		-
Outstanding December 31, 2022		155,591,061		$	0.0115 – 0.1875	$	0.0300
Granted		74,335,391			0.0115		0.0115
Forfeited		(1,000,000	)		0.05		0.05
Cancelled on disposal of investment in Frictionless and Beyond Fintech		(30,000,000	)		0.0115		0.0115
Exercised		-			-		-
Outstanding June 30, 2023		198,926,452		$	0.0115 – 0.1875	$	0.0259

Schedule of Warrants Outstanding and Exercisable

The warrants outstanding and exercisable at June 30, 2023 are as follows:

		Warrants Outstanding						Warrants Exercisable
Exercise Price		Number Outstanding		Weighted Average Remaining Contractual life in years		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price		Weighted Average Remaining Contractual life in years
$	0.0115		158,333,118		4.27				158,333,118				4.27
$	0.0345		15,000,000		2.02				11,250,000				2.02
	0.015		8,000,000		4.98				8,000,000				4.98
$	0.15		15,166,667		2.72				15,166,667				2.72
$	0.1875		2,426,667		2.72				2,426,667				2.72
			198,926,452		3.99	$	0.0259		195,176,452	$	0.0259		3.99

Schedule of Option Activity

A summary of option activity during the period January 1, 2022 to June 30, 2023 is as follows

	Shares Underlying options		Exercise price per share		Weighted average exercise price
Outstanding January 1, 2022		30,516,666		$0.15 to 0.40	$	0.15
Granted		15,800,000		0.04 – 0.15		0.14
Forfeited/Cancelled		-		-		-
Exercised		-		-		-
Outstanding December 31, 2022		46,316,666		$0.04 to 0.40	$	0.15
Granted		-		-		-
Forfeited/Cancelled		-		-		-
Exercised		-		-		-
Outstanding June 30, 2023		46,316,666		$0.04 to 0.40	$	0.15

Schedule of Options Outstanding and Exercisable

The options outstanding and exercisable at June 30, 2023 are as follows:

		Options Outstanding						Options Exercisable
Exercise  Price		Number Outstanding		Weighted Average Remaining Contractual life in years		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price		Weighted Average Remaining Contractual life in years
$	0.04		800,000		9.21				800,000				9.21
$	0.15		45,208,333		8.44				39,375,000				8.48
$	0.24		208,333		7.65				208,333				7.65
$	0.40		100,000		5.50				100,000				5.50
			46,316,666		8.44	$	0.15		40,483,333	$	0.15		8.49