At
December 31, 2025, and 2024, the outstanding convertible notes were as follows:
SCHEDULE OF OUTSTANDING CONVERTIBLE NOTES
| Name | |
| |
Principal due | | |
Accrued
interest | | |
Total
amount due | |
| | |
| |
December 31, 2024 | |
| Notes sold in exchange for cash | |
(1)(2) | |
$ | 805,000 | | |
$ | 143,642 | | |
$ | 948,642 | |
| | |
| |
| | | |
| | | |
| | |
| | |
| |
December 31, 2025 | |
| Notes sold in exchange for cash | |
(1) | |
$ | 805,000 | | |
$ | 277,956 | | |
$ | 1,082,956 | |
| | |
| |
| | | |
| | | |
| | |
| (1) |
The note was sold on May 3, 2021 with a face value of
$1,000,000 and debt discount of $102,875 paid to the sole Placement Agent: WallachBeth Capital, LLC (Member FINRA / SIPC). |
| (2) |
During the year 2024 a
total of $200,000 was converted into 1,675,849 shares of Common Stock. An additional $316,588 (including $51,588 in interest) was
converted into 2,435,291 shares of Common Stock at an earlier date. The note has been in default since March 1, 2025. |
|