NOTE 4 - CONVERTIBLE NOTES PAYABLE, IN DEFAULT (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
Dec. 31, 2023 |
|
| Convertible notes payable, in default | $ 45,000 | $ 45,000 | $ 45,000 | ||
| Equity Financing Description | The note, together with all unpaid accrued interest, is automatically convertible in full upon the closing of a qualified financing. A qualified financing is defined as an equity financing resulting in gross proceeds to the Company of at least $750,000 (including the conversion of this note and other debt). Upon a qualified financing, the conversion price would be equal to 100% of the per share price paid by investors in the financing, subject to the following valuation adjustments: (i) if the Company’s valuation associated with the qualified financing is less than $15,000,000, the conversion price shall be based on a $15,000,000 valuation; and (ii) if the valuation exceeds $30,000,000, the conversion price shall be based on a $30,000,000 valuation. | ||||
| Accrued interest payable | $ 74,010 | $ 74,010 | 61,745 | ||
| Convertible Debt | |||||
| Debt Instrument, Interest Rate, Effective Percentage | 18.00% | 18.00% | |||
| Interest Expense, Debt | $ 2,042 | $ 2,042 | $ 6,082 | $ 6,059 | |
| Accrued interest payable | $ 58,476 | $ 58,476 | $ 52,394 | ||