Schedule of notes payable |
Schedule of notes payable | |
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Interest Rate | |
June 30, 2025 | |
December 31, 2024 |
Notes Payable and Convertible Notes Payable | |
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In December 2020, the Company entered into a 56- month loan with a company in the amount of $1,578,237. The loan requires payments of 3.75% through November 2022 and 4.00% through September 2025 of the previous month’s revenue. Note is due September 2025. Note is guaranteed by a related party see note 6. | |
| 17 | % | |
$ | 170,620 | | |
$ | 195,927 | |
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In April 2021, the Company entered into two six-month loans in the amount
of $84,000 each. The loan had an original maturity of October 2021 with principal and interest due at maturity. The loan was exchanged
to Series B Preferred stock in June 2025. | |
| 7 | % | |
| — | | |
| 168,000 | |
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In May 2021, the Company entered into a six-month loan with an individual in the amount of $50,000. The loan had an original maturity of October 2021 with principal and interest due at maturity. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 7 | % | |
| — | | |
| 50,000 | |
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In May 2021, the Company entered into a six-month loan with an individual in the amount of $10,000. The loan had an original maturity of October 2021 with principal and interest due at maturity. The loan was extended to October 31, 2024. The note was in default. | |
| 7 | % | |
| 10,000 | | |
| 10,000 | |
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In August 2022, the Company entered into a 56-months auto loan in the amount of $45,420. | |
| 2.35 | % | |
| 18,472 | | |
| 23,372 | |
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In December 2022, the Company entered into various eighteen-month loans with individuals totaling $4,000,000. The notes included 100% warrant coverage. The loans mature in June 2024 with principal and interest due at maturity with conversion price of $1.00 per share. The loans were exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 2,600,000 | |
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In December 2022, the Company entered into an eighteen-month loan with an individual in the amount of $1,000,000. The notes included 100% warrant coverage. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 1,000,000 | |
In May 2023, the Company entered into various eighteen-month loans with individuals totaling in the amount of $800,000. The notes included 50% warrant coverage. The loans mature in November 2024 with principal and interest due at maturity with conversion price of $1.00 per share. The loans were exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 800,000 | |
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In June 2023, the Company entered into various eighteen-month loans with individuals totaling in the amount of $350,000. The notes included 50% warrant coverage. The loans mature in December 2024 with principal and interest due at maturity with conversion price of $1.00 per share. The loans were exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 100,000 | |
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In July 2023, the Company entered into a twelve-month loan with an individual in the amount of $100,000. The note included 50% warrant coverage. The loan matures in January 2025 with principal and interest due at maturity with conversion price of $1.00 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 100,000 | |
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In August 2023, the Company entered into a twelve-month loan with an individual in the amount of $300,000. The convertible note included the issuance of 150,000 shares of common stocks. The loan matures in August 2024 with principal and interest due at maturity with conversion price of $0.85 per share and is non-interest bearing. | |
| — | % | |
| 43,000 | | |
| 43,000 | |
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In October 2023, the Company entered into a three-month loan with an individual in the amount of $500,000. The loan matures in January 2024 with principal and interest due at maturity. The loan was extended to June 2025. | |
| 10 | % | |
| 500,000 | | |
| 500,000 | |
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In October 2023, the Company entered into a loan with an individual in the amount of $130,000. The loan requires payment of 17% of daily Shopify sales. | |
| — | % | |
| 58,612 | | |
| 66,278 | |
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In October 2023, the Company entered into a eighteen-month loan with individuals totaling in the amount of $1,250,000. The note included 100% warrant coverage. The loan matures in April 2025 with principal and interest due at maturity with conversion price of $1.00 per share. The loan was fully converted to common stock in January 2025 | |
| 12 | % | |
| — | | |
| 1,143,449 | |
In January 2024, the Company entered into a 18-month loan with an individual in the amount of $250,000. The note included 100% warrant coverage. The loan had a maturity of July 2025 with principal and interest due at maturity with conversion price of $0.50 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 250,000 | |
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In February 2024, the Company entered into a 18-month loan with an individual in the amount of $150,000. The note included 100% warrant coverage. The loan had a maturity of August 2025 with principal and interest due at maturity with conversion price of $0.40 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 150,000 | |
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In February 2024, the Company entered into a 6-month loan with an individual in the amount of $315,000. The note included 60% warrant coverage. The loan had a maturity of August 2024 with principal and interest due at maturity with conversion price of $0.38 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 315,000 | |
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In February 2024, the Company entered into a 18-month loan with an entity in the amount of $250,000. The note included 100% warrant coverage. The loan matures in August 2025 with principal and interest due at maturity with conversion price of $0.46 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 250,000 | |
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In April 2024, the Company entered into a commercial financing agreement in the amount of $815,000 and will be paid weekly until the loan is paid in full. The loan was in default. | |
| — | % | |
| 372,335 | | |
| 357,127 | |
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In May 2024, the Company entered into an eighteen-month loan with individuals totaling in the amount of $1,850,000. The note included warrant coverage. The loan matures in November 2026 with principal and interest due at maturity with conversion price of $0.40 per share. The loan was exchanged to Series B Preferred stock in June 2025 | |
| — | % | |
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| 1,850,000 | |
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In June 2024, the Company entered into a revenue purchase agreement in the amount of $250,000. 4% of revenue will be paid weekly until the loan is paid in full. | |
| — | % | |
| 130,639 | | |
| 181,341 | |
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In July 2024, the Company entered into a revenue purchase agreement in the amount of $178,250. The loan matures in April 2025. The loan was fully converted to Common Stock in January 2025. | |
| 22 | % | |
| — | | |
| 91,999 | |
In July 2024, the Company entered into a revenue purchase agreement in the amount of $120,750. The loan matures in May 30, 2025. The loan was fully converted to Common Stock in January 2025 | |
| 22 | % | |
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| 120,750 | |
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In August 2024, the Company entered into a 5-year loan with individuals totaling in the amount of $500,000. The loan matures in September 2029 with principal and interest due at maturity with conversion price of $0.35 per share. The loans were exchanged to Series B Preferred stock in June 2025. | |
| 9 | % | |
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| 500,000 | |
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In August 2024, the Company entered into a eighteen-month loan with individuals totaling in the amount of $1,400,000. The loan matures in February 2026 with principal and interest due at maturity with conversion price of $0.38 per share. $800,000 was exchanged to Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 1,400,000 | |
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In August 2024, the Company entered into a eighteen-month loan with individuals totaling in the amount of $100,000. The loan matures in September 2025 with principal and interest due at maturity with conversion price of $0.38 per share. The loan was exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| — | | |
| 100,000 | |
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In September 2024, the Company entered into a merchant cash advance agreement in the amount of $325,000 to be paid weekly until the loan is paid in full. | |
| — | % | |
| 65,861 | | |
| 82,261 | |
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In September 2024, the Company entered into an agreement with individuals totaling in the amount of $590,000. $290,000 was exchanged to Series B Preferred stock in June 2025 | |
| — | % | |
| 300,000 | | |
| 590,000 | |
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In October 2024, the Company entered into an agreement with individuals totaling in the amount of $950,000. There is no stated maturity, the proceeds of which are to be used for a future acquisition. | |
| — | % | |
| 950,000 | | |
| 950,000 | |
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In November 2024, the Company entered into a merchant cash advance agreement in the amount of $340,000 to be paid weekly until the loan is paid in full. The loan was in default. | |
| — | % | |
| 311,713 | | |
| 311,713 | |
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In December 2024, the Company entered into a merchant cash advance agreement in the amount of $111,300 to be paid weekly until the loan is paid in full. | |
| — | % | |
| — | | |
| 111,300 | |
In December 2024, the Company entered into a twelve-month loan with an individual in the amount of $500,000. The loan matures in December 2025 with principal and interest due at maturity. | |
| 12 | % | |
| 225,000 | | |
| 225,000 | |
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In January 2025, the Company entered into a 12-month loan with individuals in the amount of $350,000. The note included 100% warrant coverage. The loan had a maturity of January 2026 with principal and interest due at maturity with conversion price of $0.25 per share. The loans of $150,000 were exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
| 200,000 | | |
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In January 2025, the Company entered into a 18-month loan with individuals in the amount of $225,000. The note included 100% warrant coverage. The loan had a maturity of June 2026 with principal and interest due at maturity with conversion price of $0.25 per share. The loans were exchanged to Series B Preferred stock in June 2025. | |
| 12 | % | |
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| — | |
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In January 2025, the Company entered into a convertible promissory note in the amount of $156,000. The loan had a maturity of November 2025 with principal and interest due at maturity. | |
| 8 | % | |
| 156,000 | | |
| — | |
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In January 2025, the Company entered into a promissory note in the amount of $150,650. The loan had a maturity of November 2025 with 1st payment in July 2025. | |
| 22 | % | |
| 150,650 | | |
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In April 2025, the Company entered into a senior convertible note in the amount of $200,000 with conversion price of $1.25 per share. The loan had a maturity of April 2030 with 125,000 5-year warrants exercisable at $2.00, and 83,334 5-year warrants exercisable into common stock at $3.00 | |
| 15 | % | |
| 200,000 | | |
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| Total notes payable | | |
$ | 3,862,902 | | |
$ | 14,635,517 | |
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| Less notes discount | | |
| (217,906 | ) | |
| (3,031,917 | ) |
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| Less current portion | | |
| (3,592,462 | ) | |
| (9,632,505 | ) |
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| Long-term notes payable | | |
$ | 52,534 | | |
$ | 1,971,095 | |
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