Quarterly report pursuant to Section 13 or 15(d)

SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details)

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SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Short-term Debt [Line Items]    
Debt discount $ (60,717) $ (74,817)
Convertible notes, net of discount and premium 1,528,820  
Convertible Notes Payable [Member]    
Short-term Debt [Line Items]    
(a) Convertible notes with fixed discount percentage conversion prices [1] 180,200
Put premiums on stock settled debt 117,866
(b) Convertible notes with fixed conversion prices [2] 1,528,820 936,944
Default penalty principal added 369,086
Total convertible notes principal outstanding 1,528,820 1,614,096
Debt discount (174,669) (539,282)
Convertible notes, net of discount and premium 1,354,151 1,074,814
Current portion 1,354,151 1,074,814
Long-term portion
[1]

At December 31, 2020, the balance due on convertible notes with fixed discount percentage conversion prices was $180,200. At the option of the holders, the notes were convertible into shares of the Company’s common stock at a price per share discount of 50% of the lowest bid price of the Company’s common stock within twenty-five days prior to conversion. The notes were treated as stock settled debt under ASC 480-Distinguishing Liabilities from Equity, and a put premium of $117,866 was recognized and charged to interest expense when the notes were initially recorded in 2020. During the six months ended June 30, 2021, note holders converted $180,200 principal and accrued interest of $18,266 (total of $198,466) into 7,492,676 shares of the Company’s common stock. Upon conversion the put premiums of $117,866 associated with these notes were reclassified to additional paid in capital.

[2] As of December 31, 2020, the balance due on convertible notes with fixed conversion prices was $1,306,030 (including default penalties of $369,086). During the six months ended June 30, 2021, the Company issued eight convertible notes with fixed conversion prices aggregating $1,167,500. In addition, convertible notes with fixed conversion prices totaling $949,486 of principal and $37,726 of accrued interest (total of $987,212) were converted into 65,814,218 shares of the Company’s common stock. At June 30, 2021, the balance of the due on convertible notes with fixed conversion prices was $1,528,820. The notes are unsecured, convertible into common stock at prices ranging from $0.015 per share to $0.04 per share, bear interest at 4% to 10% per annum, and mature through June 22, 2022.