Worlds Inc (WDDD)

[Patience to success]

NOTE 3 - NOTES PAYABLE



Notes payable at March 31, 2021 consist of the following:
Unsecured note payable bearing 8% interest, entire balance of principal and unpaid interest due on demand $ 124,230

Unsecured note payable bearing 10% interest, entire balance of principal and unpaid interest due on demand $ 649,049
Total notes $ 773,279
2021 $ 773,279
2022 $ 0
2023 $ 0
2024 $ 0
2025 $ 0
$ 773,279


The Company imputed interest of $18,891 on the notes during the quarter ended March 31, 2021.

Stock Warrants and Options
Stock warrants/options outstanding and exercisable on March 31, 2021 are as follows
Exercise Price per Share Shares Under Option/warrant Remaining Life in Years
Outstanding
$ 0.325 3,400,000 0.83
$ 0.15 5,220,000 1.50
$ 0.15 580,000 1.75
$ 0.05 200,000 1.75
$ 0.30 200,000 1.75
$ 0.25 5,000,000 2.42
$ 0.24 800,000 2.42
$ 0.27 300,000 4.63
$ 0.30 400,000 4.75
Total 16,100,000
Exercisable
$ 0.325 3,400,000 0.83
$ 0.15 5,220,000 1.50
$ 0.15 580,000 1.75
$ 0.05 200,000 1.75
$ 0.30 200,000 1.75
$ 0.25 5,000,000 2.42
$ 0.24 800,000 2.42
Total 15,400,000