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NOTES PAYABLE AND FINANING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2023
Semi Cab Inc [Member]  
SCHEDULE OF SPECIFIC TERMS

Beginning in July of 2021, and ending in May of 2023, the Company entered into a total of six shareholder loan agreements with a total of three shareholders. These notes are all unsecured with limited rights of recourse. The specific terms of each note are summarized on the table below.

 

Date  Maturity  Holder  Principal   Rate   Accrued Interest   Current Balance 
7/10/2021  7/10/2026  Ajesh Kapoor  $150,000.00    9.0%  $36,838.36   $186,838.36 
8/27/2021  8/26/2026  Ajesh Kapoor  $235,000.00    9.0%  $54,932.05   $289,932.05 
4/17/2023  10/16/2023  Vivek Sehgal  $50,000.00    10.0%  $4,794.52   $54,794.52 
5/5/2023  5/4/2024  Ajesh Kapoor  $50,000.00    10.0%  $4,547.95   $54,547.95 
5/8/2023  5/7/2024  Jagan Reddy  $50,000.00    10.0%  $4,506.85   $54,506.85 
5/17/2023  5/16/2024  Ajesh Kapoor  $165,000.00    10.0%  $14,465.75   $179,465.75