General form of registration statement for all companies including face-amount certificate companies

Convertible Notes Payable (Tables)

v3.21.2
Convertible Notes Payable (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of fair value of the derivative liabilities and warrants
    2020     2019  
Dividend rate         %
Term (in years)   0.25 to 5.00 years       0.69 to 5.00 years  
Volatility   293.4% to 345.7 %     275.8 to 317.5 %
Risk—free interest rate   0.12% to 0.39 %     1.56% to 1.75 %

 

Schedule of convertible notes payable
    December 31,
2020
    December 31,
2019
 
Principal amount   $
         -
    $ 430,000  
Less: unamortized debt discount    
-
      (294,167 )
Convertible notes payable, net   $
-
    $ 135,833