v3.26.1
NOTE 5 - CONVERTIBLE NOTE PAYABLE: Convertible Debt (Tables)
12 Months Ended
Dec. 31, 2025
December 31, 2025  
Convertible Debt

Description

Interest Rate

Maturity

Stated
Principal

 

Unamortized Debt Discount

 

Carrying Amount

Convertible note payable – in default

18%

July 2018

$

45,000

 

$

-

 

$

45,000

November 2025 convertible promissory note

15%

September 2026

 

55,555

 

 

(32,483)

 

 

23,072

Series 2023 convertible notes

10%

June – October 2026

 

34,000

 

 

-

 

 

34,000

Series 2025 convertible notes

10%

February – October 2028

 

434,100

 

 

-

 

 

434,100

Total convertible notes payable

 

568,655

 

 

(32,483)

 

 

536,172

Less: current portion

 

(134,555)

 

 

32,483

 

 

(102,072)

Total convertible notes payable
– long term

$

434,100

 

$

-

 

$

434,100

December 31, 2024  
Convertible Debt

Description

Interest Rate

Maturity

 

Carrying Amount

Convertible note payable – in default

18%

July 2018

 

$

45,000

Series 2023 convertible notes

10%

June – October 2026

 

 

34,000

Total convertible notes payable

 

 

79,000

Less: current portion

 

 

(45,000)

Total convertible notes payable
– long term

 

$

34,000