CONVERTIBLE NOTES PAYABLE	12 Months Ended
Dec. 31, 2024
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES 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 $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. Interest expense for the year ended December 31, 2024 was $800, resulting in accrued interest at December 31, 2024 of $4,031. Interest expense for the year ended December 31, 2023 was $1,100. A correction to prior interest calculations was made at the end of year 2023 reducing interest expense by $1,515, resulting in accrued interest at December 31, 2023 of $3,231. 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 December 31, 2024 and 2023, the unamortized debt discount was $- 0-, and the net convertible note balance was $10,000. The amortization of debt discount was $-0- during the years ended December 31, 2024 and 2023. Interest expense for the years ended December 31, 2024 and 2023 totaled $1,000 and $1,000, resulting in accrued interest at December 31, 2024 and 2023 of $4,561 and $3,561. Principal balance on the note at December 31, 2024 and 2023 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 years ended December 31, 2024 and 2023 totaled $1,200 and $1,200, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $5,293 and $4,093. Principal balance on the note at December 31, 2024 and 2023 was $15,000. On October 8, 2024, the Company issued a convertible promissory note in the original principal amount of $50,000 to a lender. The Note is due on October 16, 2025, one year from the date of receipt of the principal sum, 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 $0.50 per share. Interest expense for the years ended December 31, 2024 and 2023 totaled $1,041 and $-0-, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $1,041 and $-0-. Principal balance on the note at December 31, 2024 and 2023 was $50,000 and $-0-, respectively. On December 20, 2024, the Company issued a convertible promissory note in the original principal amount of $25,000 to a lender. The Note is due on December 23, 2025, one year from the date of receipt of the principal sum, 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 $0.50 per share. Interest expense for the years ended December 31, 2024 and 2023 totaled $55 and $-0-, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $55 and $-0-, respectively. Principal balance on the note at December 31, 2024 and 2023 was $25,000 and $-0-, respectively

CONVERTIBLE NOTES PAYABLE

12 Months Ended

Dec. 31, 2024

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 $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. Interest expense for the year ended December 31, 2024 was $800, resulting in accrued interest at December 31, 2024 of $4,031. Interest expense for the year ended December 31, 2023 was $1,100. A correction to prior interest calculations was made at the end of year 2023 reducing interest expense by $1,515, resulting in accrued interest at December 31, 2023 of $3,231.

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 December 31, 2024 and 2023, the unamortized debt discount was $- 0-, and the net convertible note balance was $10,000. The amortization of debt discount was $-0- during the years ended December 31, 2024 and 2023. Interest expense for the years ended December 31, 2024 and 2023 totaled $1,000 and $1,000, resulting in accrued interest at December 31, 2024 and 2023 of $4,561 and $3,561. Principal balance on the note at December 31, 2024 and 2023 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 years ended December 31, 2024 and 2023 totaled $1,200 and $1,200, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $5,293 and $4,093. Principal balance on the note at December 31, 2024 and 2023 was $15,000.

On October 8, 2024, the Company issued a convertible promissory note in the original principal amount of $50,000 to a lender. The Note is due on October 16, 2025, one year from the date of receipt of the principal sum, 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 $0.50 per share. Interest expense for the years ended December 31, 2024 and 2023 totaled $1,041 and $-0-, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $1,041 and $-0-. Principal balance on the note at December 31, 2024 and 2023 was $50,000 and $-0-, respectively.

On December 20, 2024, the Company issued a convertible promissory note in the original principal amount of $25,000 to a lender. The Note is due on December 23, 2025, one year from the date of receipt of the principal sum, 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 $0.50 per share. Interest expense for the years ended December 31, 2024 and 2023 totaled $55 and $-0-, respectively, resulting in accrued interest at December 31, 2024 and 2023 of $55 and $-0-, respectively. Principal balance on the note at December 31, 2024 and 2023 was $25,000 and $-0-, respectively