ACCRUED ISSUABLE EQUITY

9 Months Ended

Sep. 30, 2020

ACCRUED ISSUABLE EQUITY.

ACCRUED ISSUABLE EQUITY

NOTE 6    ACCRUED ISSUABLE EQUITY

As of September 30, 2020, accrued issuable equity consists of the following:

	September 30,
	2020
Accrued issuable equity for services, current portion	$	83,530
Accrued issuable equity for services, non-current portion		100,000
	$	183,530

Accrued Issuable Equity for Services

During the three and nine months ended September 30, 2020, the Company agreed to issue an aggregate of 113,453 and 136,786 shares of common stock to certain consultants in exchange for services valued at $147,977 and $164,577, respectively.

The shares have not been issued as of September 30, 2020. The fair value of the accrued but unissued shares as of September 30, 2020 was $183,530. During the three and nine months ended September 30, 2020 the Company recorded $9,947 and ($15,853), respectively, of gains (losses) related to the change in fair value of accrued issuable equity (see Note 11 - Stockholders' Deficiency, Stock-Based Compensation).