NOTE 6 –LOANS PAYABLE

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

NOTE 6 –LOANS PAYABLE

NOTE 6 –LOANS PAYABLE

Loans payable as of March 31, 2023 and December 31, 2022 consisted of the following:

	March 31,			December 31,				Interest
	2023			2022			Term	rate
Martus	$	95,407		$	94,342		Note was issued on October 23, 2018 and due on January 2, 2024		5.0%
Darlene Covid19		100,255			108,150		Note was issued on April 1, 2020 and due on March 31, 2025		0.0%
Total		195,662			202,492
Less: Unamortized debt discount		—			—
Total loans payable		195,662			202,492
Less: Current portion of loans payable		(95,407	)		(94,342	)
Long-term loans payable	$	100,255		$	108,150

Loans payable - related parties as of March 31, 2023 and December 31, 2022 consisted of the following:

	March 31,		December 31,			Interest
	2023		2022		Term	rate
49% of Shareholder of SwissLink	$	19,870	$	19,649	Note is due on demand		0%
49% of Shareholder of SwissLink		218,740		216,300	Note is due on demand		5%
Total		238,610		235,949
Less: Current portion of loans payable		238,610		235,949
Long-term loans payable	$	—	$	—

During the three months ended March 31, 2023 and 2022, the Company recorded interest expense of $3,645 and $7,481 and recognized amortization of discount, included in interest expense, of $0 and $7,407 , respectively.