Quarterly report pursuant to Section 13 or 15(d)

FACTORING LIABILITY (Details Narrative)

v3.22.2.2
FACTORING LIABILITY (Details Narrative)
3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Outstanding balance $ 1,470,007 $ 1,470,007
Accrued interest   6,922
Interest expense 244,152 $ 427,286
Prestige Capital Finance, LLC [Member]    
Face value down payment in percentage   80.00%
Maximum outstanding balance 2,000,000 $ 2,000,000
Purchase price description   The discount fee ranges from 1.95% if the receivable is paid within 30 days to 5.85% if paid within 90 days, plus an additional 1.5% for each 10-day period thereafter until the account is paid in full
Interest expense $ 132,905 $ 189,787
Expiration term   60 years