| SCHEDULE OF NOTES PAYABLE |
The
Company has the following notes payable outstanding:
SCHEDULE OF NOTES PAYABLE
| | |
June
30, 2026 | | |
December
31, 2025 | |
| | |
| | |
| |
| Note payable, interest at 8% or
20% (if default), matured January 5, 2020, in default | |
$ | 45,000 | | |
$ | 45,000 | |
| Other, due on demand, interest at 6%, currently
in default | |
| 50,000 | | |
| 50,000 | |
| Note payable $750,000 face value, interest
at default rate of 24%, matured August 24, 2021, in default | |
| 375,000 | | |
| 375,000 | |
| Note payable $389,423 face value, interest
at 15%, matured November 6, 2025, in default | |
| 389,423 | | |
| 389,423 | |
| Note payable $1,000,000 face value, interest
24% default rate, matured November 13, 2021, in default | |
| 1,000,000 | | |
| 1,000,000 | |
| Note payable $11,110,000 face value, interest
at 15%, matured October 31, 2024, in default | |
| 11,110,000 | | |
| 11,110,000 | |
| Note payable $3,300,000 face value, interest
at 15%, matured October 31, 2024, in default | |
| 3,300,000 | | |
| 3,300,000 | |
| Note payable $3,020,000 face value, matured
March 31, 2023, in default | |
| 1,820,000 | | |
| 1,820,000 | |
| Note payable $165,000 face value, interest
at 15%, matures August 13, 2026, net of discount of $1,875 (2026) and $9,375 (2025), respectively | |
| 163,125 | | |
| 155,625 | |
| Note payable $250,000 face value, interest
at 15%, matures November 21, 2026, net of discount of $21,875 (2026) and $46,875 (2025), respectively | |
| 228,125 | | |
| 203,125 | |
| Note payable $100,000 face value, interest
at 15%, matures January 5, 2027, net of discount of $5,000 | |
| 95,000 | | |
| - | |
| Note payable $110,000 face value, interest
at 15%, matures February 3, 2027, net of discount of $5,833 | |
| 104,167 | | |
| - | |
| Note payable $110,000
face value, interest at 15%, matures May 13, 2027, net of discount of $9,583 | |
| 100,417 | | |
| - | |
| Sub-total notes payable, net of discount | |
| 18,780,257 | | |
| 18,448,173 | |
| Less long-term portion,
net of discount | |
| - | | |
| - | |
| Current portion of notes
payable, net of discount | |
$ | 18,780,257 | | |
$ | 18,448,173 | |
|