Notes Payable (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Convertible Notes Outstanding

The table below summarizes all convertible notes outstanding as of June 30, 2023. Those with similar characteristics outstanding as of June 30, 2023 are grouped separately. The following abbreviations are used in the column headings: DIC is Debt Issuance Cost, OID is Original Issue Discount, Wts are warrants, CNC is Capitalized Note Cost and BCF is Beneficial Conversion Feature. Also included are repayments by conversion, exchange or otherwise during or prior to the three-month period ended June 30, 2023:

Inception Date	Maturity date	Original Principal Amount		Interest rate			Original aggregate DIC, OID, Wts, CNC and BCF			Cumulative amortization of DIC, OID, Wts, CNC and BCF		Accrued coupon interest		Repayment by conversion, increase in principal amount, net where appropriate			Balance sheet carrying amount at June 30, 2023 inclusive
November 5, 2014	September 15, 20161	$	25,000		10	%	$	-		$	-	$	32,649	$	-		$	57,649
November 5, 2014	September 15, 20161		25,000		10	%		-			-		32,649		-			57,649
November 5, 2014	September 15, 20161		25,000		12	%		-			-		42,443		-			67,443
Sub-total			75,000					-			-		107,741		-			182,741
December 31, 2018	February 28, 20192		25,000		10	%		-			-		14,068		-			39,068
January 2, 2019	February 28, 20192		10,000		10	%		-			-		5,627		-			15,627
Sub-total			35,000					-			-		19,695		-			54,695
May 17, 2019	May 17, 20203		50,000		10.00	%		(50,000	)		50,000		5,001		(52,253	)		2,748
July 28, 2020	June 30, 20223		53,000		8.00	%		(13,000	)		13,000		11,196		(16,247	)		47,949
February 17, 2021	June 17, 20223		112,000		10.00	%		(112,000	)		112,000		13,483		(80,000	)		45,483
April 1, 2021	July 31, 20223		112,500		24.00	%		(112,500	)		112,500		67,943		(42,400	)		138,043
May 3, 2021	July 31, 20223		150,000		10.00	%		(150,000	)		150,000		-		(150,000	)		-
May 10, 2021	August 10, 20223		150,000		10.00	%		(150,000	)		150,000		27,185		(13,213	)		163,972
June 30, 2021	June 29, 20223		115,000		24.00	%		(115,000	)		115,000		35,073		-			150,073
August 31, 2021	August 31, 20223		115,000		10.00	%		(109,675	)		109,675		21,047		-			136,047
October 7, 2021	October 7, 20223		115,000		10.00	%		(96,705	)		96,705		19,881		-			134,881
December 23, 2021	June 21, 20223		87,000		10.00	%		(36,301	)		36,301		40,810		(23,160	)		104,650
April 14, 2022	April 14, 20233		27,778		10.00	%		(15,936	)		15,936		3,364		-			31,142
August 22, 2022	May 31, 20233		66,667		10.00	%		(6,667	)		6,667		5,699		-			72,366
August 22, 2022	May 31, 20233		22,222		10.00	%		(2,222	)		2,222		1,900		-			24,122
August 22, 2022	May 31, 20233		16,667		10.00	%		(1,667	)		1,434		1,009		-			943
Sub-total			1,192,834					(971,673	)		971,440		253,590		(393,773	)		1,052,418
Total		$	1,302,834				$	(971,673	)	$	971,440	$	381,026	$	(393,773	)	$	1,289,854

1	These convertible notes were sold to investors in 2014 and 2015 (“Original Convertible Notes) and have a fixed interest rate of 10% per annum and in the case of the one note for which a notice of default has been received, 12%. The Original Convertible Notes have no reset rights or other protections based on subsequent equity transactions, equity-linked transactions or other events and are convertible into an aggregate of 1,560 shares of Common Stock as of June 30, 2023. As of June 30, 2023, principal and accrued interest on the Original Convertible Note that is subject to a default notice totaled $67,443, of which $42,443 was accrued interest.
2	On December 31, 2018 and January 2, 2019, the Company issued convertible notes to a single investor totaling $35,000 of maturity amount with accrued interest of $19,695 as of June 30, 2023. The number of shares of common stock (or preferred stock) into which these notes may convert is not determinable.
3	These fourteen convertible notes were issued between May 17, 2019 and August 22, 2022. They all currently have similar terms including conversion prices that generally are or are likely to be $0.0015 per share of Common Stock. All such notes matured prior to June 30, 2023. The Company has initiated discussions with all note holders regarding maturity date extensions. The Company has not received any notices of default with respect to these notes. Certain notes are accruing interest at the default interest rates even though no notices of default have been received. These notes contain, among other provisions, most favored nation provisions, reserve requirements and default interest rates.

SY Corporation [Member]

Schedule of Convertible Notes Payable

The note payable to SY Corporation consists of the following at June 30, 2023 and December 31, 2022:

	June 30, 2023			December 31, 2022
Principal amount of note payable	$	399,774		$	399,774
Accrued interest payable		531,251			507,330
Foreign currency transaction adjustment		(111,287	)		(73,641	)
	$	819,738		$	833,463