Annual report pursuant to Section 13 and 15(d)

Investment in account receivable (Tables)

v3.23.1
Investment in account receivable (Tables)
12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Schedule of receivables with imputed interest

The April 10, 2015 account receivable is supported by an exchange agreement and consisted of the following at December 31, 2022 and 2021:

 

    2022     2021  
Face value   $ 403,600     $ 585,000  
Impairment     -       (116,430 )
Unamortized discount     (88,291 )     (167,137 )
Net balance     315,309       301,433  
Current portion     -       -  
Long term portion   $ 315,309     $ 301,433