Quarterly report pursuant to Section 13 or 15(d)

14. Related Parties (Tables)

v3.23.1
14. Related Parties (Tables)
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
Promissory notes payable - Related Party (Details Narrative)
   

March 31,

2023

 

December 31,

2022

Principal outstanding                
Opening balance   $ 715,000     $ 50,000  
Loans advanced – Braydon Capital Corp              360,000  
Loans advanced – Victor Salerno              305,000  
Closing balance     715,000       715,000  
                 
Accrued Interest                
Opening balance     37,000       1,878  
Accrued interest     17,523       35,122  
Closing balance     54,523       37,000  
                 
Total   $ 769,523     $ 752,000  
Convertible notes payable - Related Party (Details Narrative)
   

March 31,

2023

Principal outstanding        
Opening balance   $     
Advances to the Company     500,000  
Closing balance     500,000  
         
Accrued Interest        
Opening balance         
Accrued interest     10,000  
Closing balance     10,000  
         
Debt Discount        
Opening balance     —    
Debt discount on valuation of warrants     (285,836 )
Amortization of debt discount     10,329  
      (275,507 )
         
Total   $ 234,493  
Related Party Receivables
Related Party Receivables    

March 31,

2023

 

December 31,

2022

  Related Party payable                
Related Party payables Engage IT Services, Srl   $ —     $ (406,467 )
Related Party payables Luca Pasquini   (130,468 )   (459 )
Related Party payables Michele Ciavarella     (16,468 )     (15,203 )
Related Party payables     $ (146,936 )   $ (422,129 )
                   
  Related Party Receivable                
Related Party Receivables Victor Salerno   $ 22,511     $ 22,511  
Related Party Receivables     $ 22,511     $ 22,511