Annual report pursuant to Section 13 and 15(d)

DEBT (Tables)

v3.21.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Outstanding notes payable and convertible notes payable to third parties consisted of the following as of December 31, 2020 and 2019:


   

December 31,

 

Name

 

2020

   

2019

 

Convertible Debt:

               

Convertible note payable, interest at 10%, unsecured, due April 18, 2019

  $ -     $ 165,000  

Convertible note payable, interest at 7%, unsecured, due February 26, 2021

    -       145,829  

Convertible note payable, interest at 6%, unsecured, due May 22, 2020

    48,938       202,500  

Convertible note payable, interest at 6%, unsecured, due August 5, 2020

    174,168       157,500  

Convertible note payable, interest at 6%, unsecured, due September 25, 2020

    -       135,000  

Convertible note payable, interest at 6%, unsecured, due September 25, 2020

    -       135,000  

Convertible note payable, interest at 10%, unsecured, due November 22, 2020

    142,273       336,000  

Convertible note payable, interest at 10%, unsecured, due December 18, 2020

    -       220,000  

Convertible note payable, interest at 10%, unsecured, due January 28, 2021

    209,194       -  

Convertible note payable, interest at 10%, unsecured, due February 6, 2021

    666,724       -  

Convertible note payable, interest at 10%, unsecured, due April 14, 2021

    371,018       -  

Convertible note payable, interest at 10%, unsecured, due December 28, 2020

    112,000       -  

Total current debt

    1,724,315       505,000  

Less: Unamortized discount

    (123,629

)

    (15,160

)

Net, current debt

  $ 1,600,686     $ 489,840  

Nonconvertible Debt:

               

Notes payable, no interest, unsecured, past due

  $ 35,000     $ 35,000  

Notes payable, no interest, unsecured, past due

    378,185       378,185  

Total notes payable

    413,185       413,185