NOTE 4 - CONVERTIBLE NOTE PAYABLE	9 Months Ended
Sep. 30, 2021
Notes
NOTE 4 - CONVERTIBLE NOTE PAYABLE	NOTE 4 – 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 $2.00 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $4,000, which was amortized over the life of the promissory note. At September 30, 2021 and December 31, 2020, the unamortized debt discount was $-0-, and the net convertible note balance was $10,000. The amortization of debt discount was $-0- and $3,716 during the nine months ended September 30, 2021 and 2020, respectively. Interest expense for the nine months ended September 30, 2021 and 2020 totaled $897 and $901, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $2,143 and $1,246, respectively. Principal balance on the note at September 30, 2021 and December 31, 2020 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 was due on June 9, 2021, is currently in default, 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 $2.50 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $6,200, which was amortized over the life of the promissory note. At September 30, 2021 and December 31, 2020, the unamortized debt discount was $-0- and $2,718, respectively, and the net convertible note balance was $10,000 and $7,282, respectively. The amortization of debt discount was $2,718 and $1,919 during the nine months ended September 30, 2021 and 2020, respectively. Interest expense for the nine months ended September 30, 2021 and 2020 totaled $860 and $248, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $1,309 and $449. Principal balance on the note at September 30, 2021 and 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 was due on August 3, 2021, 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 $7.00 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 nine months ended September 30, 2021 and 2020 totaled $898 and $191, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $1,391 and $493. Principal balance on the note at September 30, 2021 and December 31, 2020 was $15,000.

NOTE 4 - CONVERTIBLE NOTE PAYABLE

9 Months Ended

Sep. 30, 2021

NOTE 4 – 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 $2.00 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $4,000, which was amortized over the life of the promissory note. At September 30, 2021 and December 31, 2020, the unamortized debt discount was $-0-, and the net convertible note balance was $10,000. The amortization of debt discount was $-0- and $3,716 during the nine months ended September 30, 2021 and 2020, respectively. Interest expense for the nine months ended September 30, 2021 and 2020 totaled $897 and $901, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $2,143 and $1,246, respectively. Principal balance on the note at September 30, 2021 and December 31, 2020 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 was due on June 9, 2021, is currently in default, 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 $2.50 per share. The Company recognized a beneficial conversion feature and recorded a debt discount in the amount of $6,200, which was amortized over the life of the promissory note. At September 30, 2021 and December 31, 2020, the unamortized debt discount was $-0- and $2,718, respectively, and the net convertible note balance was $10,000 and $7,282, respectively. The amortization of debt discount was $2,718 and $1,919 during the nine months ended September 30, 2021 and 2020, respectively. Interest expense for the nine months ended September 30, 2021 and 2020 totaled $860 and $248, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $1,309 and $449. Principal balance on the note at September 30, 2021 and 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 was due on August 3, 2021, 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 $7.00 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 nine months ended September 30, 2021 and 2020 totaled $898 and $191, respectively, resulting in accrued interest at September 30, 2021 and December 31, 2020 of $1,391 and $493. Principal balance on the note at September 30, 2021 and December 31, 2020 was $15,000.