Convertible Promissory Notes

9 Months Ended

Sep. 30, 2025

Convertible Promissory Notes

Convertible Promissory Notes

8. Convertible Promissory Notes

Convertible promissory notes consist of the following at September 30, 2025 and December 31, 2024:

	September 30, 2025		December 31, 2024
Convertible promissory note	$	20,000		20,000
Accrued interest		25,387		23,137
Total principal and accrued interest (all current)	$	45,387	$	43,137

On November 5, 2018, the Company completed the acquisition of Incumaker, Inc. and assumed certain outstanding convertible notes payable. At December 31, 2024, there was one remaining assumed convertible note payable outstanding that matured July 2017. The Company continues to be unsuccessful in reaching the Note holder to remit payment in full. At December 31, 2024, the principal balance of $20,000, and accrued interest of $23,137, are convertible at $1.50 per share into 28,758 shares of the Company’s common stock. At September 30, 2025, the principal balance of $20,000, and accrued interest of $25,387, are convertible at $1.50 per share into 30,258 shares of the Company’s common stock.