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Notes Payable
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Notes Payable

Note 6 - Notes Payable

 

On April 8th, 2021, the Company executed a Senior Secured Convertible Promissory Note, Securities Purchase Agreement, and ancillary agreements (collectively, the “Agreements”) with Leonite Capital, LLC Per the terms of the Agreements with Leonite Capital, LLC, the Company borrowed the maximum of $555,556, which was tendered. On March 24th, 2023, the Company and Leonite Capital LLC executed an Amendment by which the outstanding balance was increased by $7,500.00, the fixed Conversion Price was reset to $0.03.

 

Convertible notes payable, consist of the following at June 30, 2023:

 

   6/30/2023   12/31/2022 
Note payable to an unrelated party, matured April 8, 2022, with interest at 10%, convertible into common shares of the Company  $281,528   $277,778 
Note payable to an unrelated party, matured September 20, 2022, with interest at 10%, convertible into common shares of the Company   281,528    277,778 
Total  $563,056   $555,556