v3.22.2.2
Convertible Debentures (Tables)
9 Months Ended
Sep. 30, 2022
Convertible Debentures  
Schedule of Fair Value Assumptions of Conversion Features

The fair value of the conversion features was determined based on the Black-Scholes Option Pricing Model using the following weighted average assumptions:

 

   2020 
Risk-free interest rate   0.13%
Expected life (years)   1.01 
Expected volatility   228%
Dividend yield   0%
Schedule of Convertible Debt and Embedded Derivative Conversion

A continuity of convertible debt and the embedded derivative conversion feature for the nine months ended September 30, 2022 is as follows:

 

   Host debt instrument   Embedded
conversion
feature
   Total 
             
Balance, December 31, 2020   11,027    80,342    91,369 
Accretion   19,943    -    19,943 
Conversion   (30,970)   (80,342)   (111,312)
Balance, December 31, 2021 & September 30, 2022  $-   $-   $-