NOTE 7 - CONVERTIBLE NOTE PAYABLE	12 Months Ended
Dec. 31, 2020
Notes
NOTE 7 - CONVERTIBLE NOTE PAYABLE	NOTE 7 – CONVERTIBLE NOTE PAYABLE On December 18, 2019, the Company issued a convertible promissory note in the original principal amount of $10,000 to a lender. The Note was due on June 18, 2020, is currently in default, and carries an interest rate of 8% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.20 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $4,000, which is being amortized over the life of the promissory note. At December 31, 2020 and 2019, the unamortized debt discount was $-0- and $3,716, respectively, and the net convertible note balance was $10,000 and $6,284, respectively. The amortization of debt discount was $3,716 during the year ended December 31, 2020. Interest expense for the years ended December 31, 2020 and 2019 was $1,203 and $43, resulting in accrued interest at December 31, 2020 and 2019 of $1,246 and $43, respectively. Principal balance on the note at December 31, 2020 and 2019 was $10,000. On June 9, 2020, the Company issued a convertible promissory note in the original principal amount of $10,000 to a lender. The Note is due on June 9, 2021 and carries an interest rate of 10% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.25 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $6,200, which is being amortized over the life of the promissory note. At December 31, 2020, the unamortized debt discount was $2,718 and the net convertible note balance was $7,282. The amortization of debt discount was $3,482 during the year ended December 31, 2020. Interest expense for the years ended December 31, 2020 totaled $449, resulting in accrued interest at December 31, 2020 of $449. Principal balance on the note at December 31, 2020 was $10,000. On August 3, 2020, the Company issued a convertible promissory note in the original principal amount of $15,000 to a lender. The Note is due on August 3, 2021 and carries an interest rate of 8% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.70 per share. The Company did not recognize a beneficial conversion feature or debt discount as the conversion price was higher than the market price at the time of issuance of the note. Interest expense for the year ended December 31, 2020 totaled $493, resulting in accrued interest at December 31, 2020 of $493. Principal balance on the note at December 31, 2020 was $15,000.

NOTE 7 - CONVERTIBLE NOTE PAYABLE

12 Months Ended

Dec. 31, 2020

NOTE 7 – CONVERTIBLE NOTE PAYABLE

On December 18, 2019, the Company issued a convertible promissory note in the original principal amount of $10,000 to a lender. The Note was due on June 18, 2020, is currently in default, and carries an interest rate of 8% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.20 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $4,000, which is being amortized over the life of the promissory note. At December 31, 2020 and 2019, the unamortized debt discount was $-0- and $3,716, respectively, and the net convertible note balance was $10,000 and $6,284, respectively. The amortization of debt discount was $3,716 during the year ended December 31, 2020. Interest expense for the years ended December 31, 2020 and 2019 was $1,203 and $43, resulting in accrued interest at December 31, 2020 and 2019 of $1,246 and $43, respectively. Principal balance on the note at December 31, 2020 and 2019 was $10,000.

On June 9, 2020, the Company issued a convertible promissory note in the original principal amount of $10,000 to a lender. The Note is due on June 9, 2021 and carries an interest rate of 10% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.25 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $6,200, which is being amortized over the life of the promissory note. At December 31, 2020, the unamortized debt discount was $2,718 and the net convertible note balance was $7,282. The amortization of debt discount was $3,482 during the year ended December 31, 2020. Interest expense for the years ended December 31, 2020 totaled $449, resulting in accrued interest at December 31, 2020 of $449. Principal balance on the note at December 31, 2020 was $10,000.

On August 3, 2020, the Company issued a convertible promissory note in the original principal amount of $15,000 to a lender. The Note is due on August 3, 2021 and carries an interest rate of 8% per annum. The Note is due and payable in full unless converted partially or in its entirety upon the election of the lender into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $.70 per share. The Company did not recognize a beneficial conversion feature or debt discount as the conversion price was higher than the market price at the time of issuance of the note. Interest expense for the year ended December 31, 2020 totaled $493, resulting in accrued interest at December 31, 2020 of $493. Principal balance on the note at December 31, 2020 was $15,000.