Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE LIABILITY (Tables)

v3.24.2.u1
DERIVATIVE LIABILITY (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
SCHEDULE OF DERIVATIVE LIABILITY USING BINOMIAL PRICING MODEL ASSUMPTIONS

The derivative liabilities were valued using a Binomial pricing model with the following average assumptions:

SCHEDULE OF DERIVATIVE LIABILITY USING BINOMIAL PRICING MODEL ASSUMPTIONS

    June 30, 2024     December 31, 2023  
Stock Price   $ 0.12     $ 0.17  
Exercise Price   $ 8.00     $ 8.00  
Expected Life     0.61       1.08  
Volatility     160 %     202 %
Dividend Yield     0 %     0 %
Risk-Free Interest Rate     5.19 %     4.79 %
Total Fair Value   $ -     $ 1