v3.26.1
DERIVATIVE LIABILITIES
12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE LIABILITIES

NOTE 7. DERIVATIVE LIABILITIES

 

Because of defaults on the AJB Notes described in Note 6 above, the convertible features on those notes resulted in the Company recording a derivative liability amounting to $1,319,366 calculated using Black Scholes methodology based on following parameters:

 

SCHEDULE OF DERIVATIVE LIABILITIES 

Volatility    98.2%
Expected Life in Years   1 year 
Exercise price  $0.0030 
Quarterly Dividends  $0.00 
Discount Rate    4.00%