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Convertible Notes (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Convertible Notes    
Schedule of components of convertible notes

 

 

Principal

 

 

 

 

Interest

 

 

September 30,

 

 

December 31,

 

Payment date

 

Amount

 

 

Maturity date

 

Rate

 

 

2024

 

 

2023

 

August 11, 2022

 

$18,000

 

 

2/11/2023

 

 

2%

 

$-

 

 

$18,000

 

September 2, 2022

 

$17,000

 

 

3/2/2023

 

 

2%

 

 

-

 

 

 

17,000

 

April 1,2023

 

$19,000

 

 

Due on demand

 

 

2%

 

 

-

 

 

 

19,000

 

July 15, 2024

 

$795,000

 

 

7/15/2025

 

 

10%

 

 

795,000

 

 

 

-

 

August 15, 2024

 

$326,000

 

 

8/15/2025

 

 

10%

 

 

326,000

 

 

 

-

 

Total Convertible notes

 

 

 

 

 

 

 

 

 

 

 

$1,121,000

 

 

$54,000

 

Less: Unamortized debt discount

 

 

 

 

 

 

 

 

 

 

 

 

(487,893)

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

633,107

 

 

 

54,000

 

Less: Current portion

 

 

 

 

 

 

 

 

 

 

 

 

(633,107)

 

 

(54,000)

Long-term portion

 

 

 

 

 

 

 

 

 

 

 

$-

 

 

$-

 

 

 

Principal

 

 

 

 

Interest

 

 

 December 31,

 

 

 December 31,

 

Payment date

 

Amount

 

 

Maturity date

 

Rate

 

 

2023

 

 

2022

 

August 11, 2022

 

$18,000

 

 

2/11/2023

 

 

2%

 

$18,000

 

 

$18,000

 

September 2, 2022

 

$17,000

 

 

3/2/2023

 

 

2%

 

 

17,000

 

 

 

17,000

 

April 1, 2023

 

$19,000

 

 

Due on demand

 

 

2%

 

 

19,000

 

 

 

-

 

Total Convertible notes

 

 

 

 

 

 

 

 

 

 

 

$54,000

 

 

$35,000

 

Current portion

 

 

 

 

 

 

 

 

 

 

 

 

(54,000)

 

 

(35,000)

Long -term portion

 

 

 

 

 

 

 

 

 

 

 

$-

 

 

$-