Convertible Debentures (Tables)

3 Months Ended

Mar. 31, 2022

Convertible Debentures

Schedule of Fair Value Assumptions of Conversion Features

The fair value of the conversion features was determined based on the Black-Scholes Option Pricing Model using the following weighted average assumptions:

	2020
Risk-free interest rate		0.13	%
Expected life (years)		1.01
Expected volatility		228	%
Dividend yield		0	%

Schedule of Convertible Debt and Embedded Derivative Conversion

A continuity of convertible debt and the embedded derivative conversion feature for the three months ended March 31, 2022 is as follows:

	Host debt instrument			Embedded conversion feature			Total
Balance, December 31, 2020		11,027			80,342			91,369
Accretion		19,943			-			19,943
Conversion		(30,970	)		(80,342	)		(111,312	)
Balance, December 31, 2021 & March 31, 2022	$	-		$	-		$	-