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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
SUMMARY OF CHANGES IN FAIR VALUE OF DERIVATIVE LIABILITIES

The table below sets forth a summary of the changes in the fair value of the Company’s derivative liabilities classified as Level 3 as of March 31, 2022 and 2021:

 

    1     2  
   March 31, 2022
Conversion Feature
   March 31, 2021
Conversion Feature
 
Balance at January 1, 2021 and 2020  $340,290   $777,024 
New derivative liability   -    - 
Reclassification to additional paid in capital from conversion of debt to common stock   -    (144,585)
Change in fair value   190,841    536,345 
           
Balance at March 31, 2021 and 2020  $531,131   $1,168,784 
SUMMARY OF ESTIMATE FAIR VALUE OF DERIVATIVE LIABILITIES

 

   March 31, 2022 Key Assumptions for fair value of conversions   March 31, 2021 Key Assumptions for fair value of conversions 
Risk free interest   0.17% to 0.52%   0.07% to 0.12 %
Market price of share  $0.22 to 0.36   $0.36
Life of instrument in years   0.81 to 1.1    1.061.35 
Volatility   94.4 to 148.8%   148.79%
Dividend yield   0%   0%

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

 

   Three Months Ended March 31, 
   2022   2021 
         
Convertible notes   68,070,034    35,388,901 
Stock options   16,590,261    3,941,301 
Warrants   80,545,259    20,737,500 
Potentially dilutive securities   165,205,554    60,067,702