Derivative Liabilities |
9 Months Ended | |||||||||||||||||||||||||
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Sep. 30, 2022 | ||||||||||||||||||||||||||
Derivative Liabilities | ||||||||||||||||||||||||||
Derivative Liabilities | 6. Derivative Liabilities
The following inputs and assumptions were used to value the convertible debentures outstanding during the years ended September 30, 2022, and September 30, 2021:
The projected annual volatility for each valuation period was based on the historic volatility of the Company of 0% and 245.6% at September 30, 2022 and 2021, respectively. The risk-free rate was 0% and .07% on September 30, 2022 and 2021, respectively.
A summary of the activity of the derivative liability is shown below:
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