Annual report pursuant to Section 13 and 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

v3.22.2.2
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Investments, All Other Investments [Abstract]  
SCHEDULE OF DERIVATIVE LIABILITIES

A summary of the activity of the derivative liabilities is shown below:

 

Balance, December 31, 2020   $ 183,798  
Additions      
Fair value adjustments     (161,244 )
As of December 31, 2021   $ 22,554  
SCHEDULE OF DERIVATIVE LIABILITY OF FAIR VALUE ASSUMPTION

 

    December 31, 2021  
Risk-free interest rate     0.39 %
Expected life     1 year  
Expected dividend rate     0 %
Expected volatility     365 %