| SCHEDULE OF CONVERTIBLE DEBENTURES |
Convertible
debentures consisted of the following:
SCHEDULE OF CONVERTIBLE DEBENTURES
| | |
June 30, 2026 | | |
December 31, 2025 | |
| | |
| | |
| |
| Convertible debenture, 5% stated interest rate, secured by all our assets, due on April 30, 2027 | |
$ | 200,000 | | |
$ | 200,000 | |
| Convertible debenture, 5% stated interest rate, secured by all our assets, due on April 30, 2027 | |
| 25,000 | | |
| 25,000 | |
| Convertible debenture, 5% stated interest rate, secured by all our assets, due on April 30, 2027 | |
| 25,000 | | |
| 25,000 | |
| Convertible debenture, 5% stated interest rate, secured by all our assets, due on April 30, 2027 | |
| 25,000 | | |
| 25,000 | |
| Convertible debenture, 5% stated interest rate, secured by all our assets, due on April 30, 2027 | |
| 2,390,528 | | |
| 2,390,528 | |
| Subtotal | |
$ | 2,665,528 | | |
$ | 2,665,528 | |
| Less: discounts | |
| (62,847 | ) | |
| (117,400 | ) |
| Total | |
$ | 2,602,681 | | |
$ | 2,548,128 | |
| Less: current portion | |
| (264,284 | ) | |
| (264,284 | ) |
| Long-term portion | |
$ | 2,338,397 | | |
$ | 2,283,844 | |
|