Convertible Promissory Note |
3 Months Ended | ||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||
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| Convertible Promissory Note | 7. Convertible Promissory Note
Convertible promissory note consist of the following at March 31, 2026 and December 31, 2025:
On November 5, 2018, the Company completed the acquisition of Incumaker, Inc. and assumed certain outstanding convertible notes payable. At December 31, 2025, there was one remaining assumed convertible note payable outstanding that matured July 2017. The Company continues to be unsuccessful in reaching the Note holder to remit payment in full. At December 31, 2025, the principal balance of $20,000 and accrued interest of $26,137 are convertible at $1.50 per share into shares of the Company’s common stock. At March 31, 2026, the principal balance of $20,000 and accrued interest of $26,137 are convertible at $1.50 per share into shares of the Company’s common stock.
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