At
June 30, 2025, and December 31, 2024, the outstanding convertible notes were as follows:
SCHEDULE OF OUTSTANDING CONVERTIBLE NOTES
| Notes |
|
|
|
Principal
due |
|
|
Accrued interest |
|
|
Total amount
due |
|
| |
|
|
|
December
31, 2024 |
|
| Notes sold
in exchange for cash |
* |
(1,2) |
|
$ |
805,000 |
|
|
$ |
143,642 |
|
|
$ |
948,642 |
|
| |
|
|
|
June
30, 2025 |
|
| Notes sold
in exchange for cash |
* |
(1) |
|
$ |
805,000 |
|
|
$ |
204,911 |
|
|
$ |
1,009,911 |
|
| (1) |
Net cash received for these
notes were $1,045,150, after a Debt Discount of $119,850 was paid to the sole Placement Agent: WallachBeth Capital, LLC (Member FINRA
/ SIPC). |
| (2) |
During the year 2024 a
total of $200,000 was converted into 1,675,849 shares of Common Stock. |
| * |
An embedded derivative
liability has not been deducted from the principal amount due, see Note 9 here below. |
|