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Subsequent events
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent events

 

23. Subsequent events

  

Subsequent to December 31, 2021, but effective December 29, 2021, the Company entered into amended agreements with Labrys whereby the following notes were amended as follows:

 

Note dated May 7, 2021

 

·         The Maturity date of the note was extended to May 31, 2022.

·The triggering of the dilutive event on October 25, 2021 which reduced the conversion price of the convertible note to $0.001 per share, will not be utilized as long as any events of default under the note are not triggered.
·The Company agreed to make monthly payments under the note totaling $536,000 between January 10, and May 31, 2022.

 

 

Note dated June 2, 2021

 

·         The Maturity date of the note was extended to June 30, 2022.

·The triggering of the dilutive event on October 25, 2021 which reduced the conversion price of the convertible note to $0.001 per share, will not be utilized as long as any events of default under the note are not triggered.
·The Company agreed to make two equal payments of $127,650 on the note on May 31, and June 30, 2022.

 

Other than disclosed above, the Company has evaluated subsequent events through the date the financial statements were issued, we did not identify any other subsequent events that would have required adjustment or disclosure in the financial statements.