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NOTE 7 - CONVERTIBLE DEBT: Schedule of Debt (Tables)
12 Months Ended
Dec. 31, 2023
Convertible Debt  
Schedule of Debt

 

Note

 

Issuance Date

 

Maturity Date

 

Interest Rate

 

Original Principal Amount

 

Balance at December 31, 2023

 

Balance at December 31, 2022

Convertible promissory note #1

 

July 28, 2016

 

January 19, 2017

 

8%

$

15,000

$

6,750

$

6,750

Convertible promissory note #2

 

May 25, 2022

 

August 5, 2023

 

10%

 

154,000

 

-   

 

110,535

Convertible promissory note #3

 

May 12, 2022

 

May 1, 2023

 

12%

 

200,000

 

200,000

 

200,000

Convertible promissory note #4

 

January 24, 2023

 

April 24, 2024

 

0%

 

388,888

 

401,851

 

                 -   

Total notes payable

 

 

 

 

 

 

$

757,888

$

608,601

$

317,285

Debt discount and deferred financing costs

 

 

 

 

 

 

 

           -   

 

              -   

 

                   -   

Total notes payable, net

 

 

 

 

 

 

$

757,888

$

608,601

$

317,285