XML 40 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
NOTE 7 - CONVERTIBLE NOTES AND LOANS PAYABLE - RELATED PARTIES: Schedule of Debt Conversions (Tables)
12 Months Ended
Dec. 31, 2023
Tables/Schedules  
Schedule of Debt Conversions

 

Convertible notes and loans payable – related parties consisted of the following:

 

 

 

 

 

December 31, 2023

 

December 31, 2022

Loans payable to related parties, interest at 12%  per annum, due on demand

 

$271,675  

 

$235,375  

Convertible notes payable to related parties, interest at 12% per annum, due on March 7, 2015 (in default), convertible into common stock at $1.00 per share

 

55,000  

 

55,000  

Total Convertible Notes and Loans Payable – Related Parties

 

326,675  

 

290,375  

Less: Current Portion

 

(326,675) 

 

(290,375) 

Long-Term Convertible Notes and Loans Payable – Related Parties

 

$ 

 

$