XML 56 R33.htm IDEA: XBRL DOCUMENT v3.22.4
CONVERTIBLE NOTE PAYABLE (Tables)
9 Months Ended
Sep. 30, 2022
Convertible Note Payable  
SCHEDULE OF CONVERTIBLE NOTE PAYABLE

Principal due under the convertible note payable was as follows at September 30, 2022 and December 31, 2021:

 

           
  

September 30,

2022

  

December 31,

2021
 
         
Note payable   9,743,333              - 
Less: debt discount   (1,994,893)   - 
Note payable, net  $7,748,440   $- 
SCHEDULE OF FAIR VALUE OF OPTION WITH ASSUMPTIONS

 

  

Dividend

Yield

  

Expected

Volatility

  

Risk-free Interest

Rate

  

Expected

Life

 
Hudson Bay Warrant; September 2022   

0.00

%   

145.71

%   

3.79

%   

2.5 years

 
Palladium Capital Warrant; September 2022   0.00%   

145.71

%   

3.79

%   

2.5 years

 
BHP Warrant; September 2022   0.00%   

145.71

%   

3.79

%   

2.5 years