Derivative Liablility (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Liablility

Schedule of assumption used in Black Scholes

The following assumptions were used in the Black-Scholes valuation model:

	Three months ended March 31, 2021
Calculated stock price		$0.001 to $0.0055
Risk free interest rate		0.03% to 0.64	%
Expected life of convertible notes and warrants		3 to 60 months
expected volatility of underlying stock		157.4% to 299.1	%
Expected dividend rate		0	%

Schedule of derivative liability

The movement in derivative liability is as follows:

	March 31, 2021			December 31, 2020
Opening balance	$	4,765,387		$	8,694,272
Derivative liability mark-to-market on convertible debt extinguishment		—			126,444,276
Derivative liability on revised convertible notes and warrants arising from convertible debt extinguishment		—			6,349,265
Derivative liability cancelled on debt extinguishment		—			(144,893,444
Derivative liability on issued convertible notes		109,574			1,129,050
Fair value adjustments to derivative liability		(495,589	)		7,041,968
Closing balance	$	4,379,372		$	4,765,387