| SCHEDULE OF CONVERTIBLE PROMISSORY NOTES PAYABLE |
SCHEDULE OF CONVERTIBLE PROMISSORY NOTES PAYABLE
| | |
December
31, | | |
December
31, | |
| | |
2025 | | |
2024 | |
| Convertible
promissory notes with interest rates ranging from 10% to 12% per annum, convertible into common shares at a fixed price ranging from
$0.001 to $0.03 per share. Maturity dates through December 31, 2025, as amended. ($4,392,049 in default) | |
$ | 4,642,049 | | |
$ | 3,577,044 | |
| Convertible
promissory notes with interest rates ranging from 10% to 12% per annum, convertible into common shares at prices equal to 60% discount
from the lowest trade price in the 20-25 trading days prior to conversion (as of December 31, 2025 the conversion price would be
$0.001 per share). Maturity dates through December 31, 2025, as amended. ($190,784 in default) | |
| 190,784 | | |
| 190,784 | |
| Convertible
promissory notes with interest at 12% per annum, convertible into common shares of GES. The maturity dates through December 31, 2025,
as amended. ($1,076,673 in default) | |
| 1,076,673 | | |
| 1,116,427 | |
| Total
convertible promissory notes payable | |
| 5,909,506 | | |
| 4,884,255 | |
| Unamortized
debt discount | |
$ | (1,905 | ) | |
| (26,390 | ) |
| Convertible
promissory notes payable, net discount | |
$ | 5,907,601 | | |
$ | 4,857,865 | |
| Less
current portion | |
| (5,907,601 | ) | |
| (4,857,865 | ) |
| Long-term
portion | |
$ | - | | |
$ | - | |
|
| SCHEDULE OF ROLLFOWARD OF CONVERTIBLE PROMISSORY NOTES PAYABLE |
SCHEDULE OF ROLLFOWARD OF CONVERTIBLE PROMISSORY NOTES PAYABLE
| Convertible
promissory notes payable, December 31, 2023 | |
$ | 4,436,356 | |
| Issued
for cash | |
| 943,600 | |
| Issued
for original issue discount | |
| (122,792 | ) |
| Repayment
for cash | |
| (394,751 | ) |
| Conversion
to common stock | |
| (125,805 | ) |
| Amortization of debt discounts | |
| 121,257 | |
| Convertible
promissory notes payable, December 31, 2024 | |
$ | 4,857,865 | |
| Issued
for cash | |
| 1,572,500 | |
| Issued
for original issue discount | |
| (65,000 | ) |
| Repayment
for cash | |
| (547,250 | ) |
| Amortization
of debt discounts | |
| 89,486 | |
| Convertible
promissory notes payable, December 31, 2025 | |
$ | 5,907,601 | |
|