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Re: elks post# 9869

Saturday, 09/21/2019 6:39:45 AM

Saturday, September 21, 2019 6:39:45 AM

Post# of 11445
Convertible Debentures (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Accrued interest
$ 27,461 $ 27,461
Repayments of convertible debt
18,000 47,387
Carrying value of debenture
12,613 22,613
Fair value of derivative liability
3,310 14,237
Convertible Note 1

Accrued interest
7,183 2,992
Carrying value of debenture
56,420 34,927
Fair value of derivative liability
26,026 48,450
Accretion expense
26,303 24,834
Convertible Note 2

Accrued interest
6,767 3,077
Carrying value of debenture
52,550 35,817
Fair value of derivative liability
25,594 52,001
Accretion expense
33,183 20,954
Convertible Note 3

Accrued interest
6,062 66
Carrying value of debenture
100,000 57,452
Fair value of derivative liability
24,885 42,818
Accretion expense
42,548 269
Convertible Note 4

Carrying value of debenture
444,444 0
Fair value of derivative liability
2,027 0
Accretion expense
54,548 0
Convertible Note 5

Repayments of convertible debt
8,000 0
Carrying value of debenture
284,318 0
Fair value of derivative liability
58,909 0
Accretion expense
65,697 0
Convertible Note 6

Accrued interest
9,043 0
Carrying value of debenture
117,026 0
Fair value of derivative liability
28,782 0
Accretion expense
93,826 0
Convertible Note 7

Accrued interest
8,947 0
Carrying value of debenture
116,202 0
Fair value of derivative liability
28,572 0
Accretion expense
$ 92,910 $ 0

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