| SCHEDULE OF LOANS PAYABLE |
Payment date | | Principal Amount | | | Maturity date | | Interest rate | | | December 31, 2024 | | | December 31, 2023 | | January 19, 2022 | | $ | 12,500 | | | January 19, 2023 | | | 7 | % | | $ | 12,500 | | | $ | 12,500 | | March 7, 2022 | | $ | 3,000 | | | March 7, 2023 | | | 7 | % | | | 3,000 | | | | 3,000 | | October 13, 2022 | | $ | 25,000 | | | October 13, 2023 | | | 7 | % | | | 12,500 | | | | 12,500 | | January 31, 2023 | | $ | 100,000 | | | Due on demand | | | 0 | % | | | 100,000 | | | | 100,000 | | February 9, 2023 | | $ | 10,000 | | | Due on demand | | | 0 | % | | | 10,000 | | | | 10,000 | | March 1, 2023 | | $ | 50,000 | | | Due on demand | | | 0 | % | | | 50,000 | | | | 50,000 | | April 5, 2023 | | $ | 25,000 | | | August 3, 2023 | | | 15% fixed | | | | 25,000 | | | | 25,000 | | May 19, 2023 | | $ | 4,000 | | | Due on demand | | | 0 | % | | | 4,000 | | | | 4,000 | | June 20, 2023 | | $ | 40,000 | | | September 18, 2023 | | | 12% fixed | | | | 40,000 | | | | 40,000 | | July 12, 2023 | | $ | 4,150 | | | Due on demand | | | 0 | % | | | 4,150 | | | | 4,150 | | July 17, 2023 | | $ | 50,000 | | | Due on demand | | | 0 | % | | | 50,000 | | | | 50,000 | | October 6, 2023 | | $ | 10,000 | | | October 6, 2024 | | | 7 | % | | | 10,000 | | | | 10,000 | | December 6, 2023 | | $ | 1,000 | | | Due on demand | | | 0 | % | | | 2,000 | | | | 1,000 | | December 26, 2023 | | $ | 100,000 | | | April 18, 2024 | | | 0 | % | | | 100,000 | | | | 100,000 | | February 9,2024 | | $ | 1,000 | | | Due on demand | | | 0 | % | | | 1,000 | | | | - | | July 17, 2024 | | $ | 37,000 | | | January 15, 2025 | | | 5 | % | | | 37,000 | | | | - | | August 14, 2024 | | $ | 64,000 | | | January 15, 2025 | | | 5 | % | | | 64,000 | | | | - | | December 30, 2024 | | $ | 1,000 | | | Due on demand | | | 0 | % | | | 1,000 | | | | - | | Total loans payable | | | | | | | | | | | | $ | 526,150 | | | $ | 422,150 | | Less: Unamortized debt discount | | | | | | | | | | | | | - | | | | (23,904 | ) | | | | | | | | | | | | | | 526,150 | | | | 398,246 | | Less: Current portion | | | | | | | | | | | | | 526,150 | | | | 398,246 | | Long-term portion | | | | | | | | | | | | $ | - | | | $ | - | |
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Payment date | | Principal Amount | | | Maturity date | | Interest rate | | | December 31, 2023 | | | December 31, 2022 | | January 19, 2022 | | $ | 12,500 | | | January 19, 2023 | | | 7 | % | | $ | 12,500 | | | $ | 12,500 | | March 7, 2022 | | $ | 3,000 | | | March 7, 2023 | | | 7 | % | | | 3,000 | | | | 3,000 | | October 13, 2022 | | $ | 25,000 | | | October 13, 2023 | | | 7 | % | | | 12,500 | | | | 12,500 | | January 31, 2023 | | $ | 100,000 | | | Due on demand | | | N/A | | | | 100,000 | | | | - | | February 9, 2023 | | $ | 10,000 | | | Due on demand | | | N/A | | | | 10,000 | | | | - | | March 1, 2023 | | $ | 50,000 | | | Due on demand | | | N/A | | | | 50,000 | | | | - | | April 5, 2023 | | $ | 25,000 | | | August 3, 2023 | | | 15% fixed | | | | 25,000 | | | | - | | May 19, 2023 | | $ | 4,000 | | | Due on demand | | | N/A | | | | 4,000 | | | | - | | June 20, 2023 | | $ | 40,000 | | | September 18, 2023 | | | 12% fixed | | | | 40,000 | | | | - | | July 12, 2023 | | $ | 4,150 | | | Due on demand | | | N/A | | | | 4,150 | | | | | | July 17, 2023 | | $ | 50,000 | | | Due on demand | | | N/A | | | | 50,000 | | | | - | | October 6, 2023 | | $ | 10,000 | | | October 6, 2024 | | | 7 | % | | | 10,000 | | | | - | | December 6, 2023 | | $ | 1,000 | | | Due on demand | | | N/A | | | | 1,000 | | | | - | | December 26, 2023 | | $ | 100,000 | | | April 18, 2024 | | | 0 | % | | | 100,000 | | | | - | | | | | | | | | | | | | | | | | | | | | Total loans payable | | | | | | | | | | | | $ | 422,150 | | | $ | 28,000 | | Less: Unamortized debt discount | | | | | | | | | | | | | (23,904 | ) | | | - | | | | | | | | | | | | | | | 398,246 | | | | 28,000 | | Less: Current portion | | | | | | | | | | | | | 398,246 | | | | 28,000 | | Long-term portion | | | | | | | | | | | | $ | - | | | $ | - | |
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