Convertible debentures -net of discounts (Tables)

12 Months Ended

Dec. 31, 2021

During the year ended December 31, 2021, the Company [partially] funded operations with borrowing on new convertible promissory notes. This table presents the positions on the notes as of December 31, 2021, and 2020.

Holder	Date of Loan		Loan amount		OID and discounts and fees		Interest rate			Balance December 31, 2021			Balance December 31, 2020
Power Up Lending Group, Ltd		3-29-21	$	80,000		7,500		12	%	$	0		$	0
Power Up Lending Group, Ltd		5-25-21		53,625		4,875		10	%		0			0
Power Up Lending Group Ltd		10-06-21		50,000	$	3,750		8	%		53,750			0
6^th Street Lending LLC		11-10-21		35,000		3,750		12	%		38,750			0
6^th Street Lending LLC		12-17-21		40,000		3,750		12	%		43,750			0
Oasis Capital		07-19-21		118,000		10,000		8	%		7,653			153,817
Derivative liability		12-31-21									99,034			0
Total convertible debt			$	376,625	$	33,625					242,937			153,817
Less Original issue discounts											(9,127	)		0
Balances at 12-31-21 and 2020										$	233,810		$	153,817

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table shows the change in the fair value of the derivative liabilities on all outstanding convertible debt on December 31, 2021, and on December 31, 2020:

Description	December 31, 2021			December 31, 2020
Purchase price of the convertible debenture - net of discount	$	0		$	0
Valuation reduction during the period
Balance of derivative liability net of discount on the notes (See Consolidated Balance sheet liabilities)	$	0		$	0

Derivative calculations and presentations on the Statement of Operations
Loss on note issuance	$	-		$	-
Change in Derivative (Gain) Loss		(12,792	)		(13,629	)
Derivative Finance fees		(93,706	)		(3,209	)
Gain (loss) on extinguishment of debt derivatives only		-			0
Derivative expense charged to operations in 2020 and 2019 (See Consolidated Statement of Operations)	$	(106,498	)	$	(16,838	)

ABCO Energy, Inc. 10-K/A