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CONVERTIBLE NOTES
12 Months Ended
Dec. 31, 2021
Convertible Notes  
CONVERTIBLE NOTES

 

26. CONVERTIBLE NOTES

 

Convertible Notes Payable at December 31, 2021 and 2020, were comprised of the following:

   Conversion
Price Per
Share
   Interest
Rate
   Due Date   December 31,
2021
   December 31,
2020
 
4% Convertible promissory note   $4.00
(BitNile)
    4%   2024   $660,000   $660,000 
Less: Unamortized debt discounts                  (192,000)   (274,000)
Total convertible notes payable, net of financing cost, long term                 $468,000   $386,000