RELATED PARTY TRANSACTIONS |
3 Months Ended | ||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||
| RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| RELATED PARTY TRANSACTIONS | NOTE 6 – RELATED PARTY TRANSACTIONS
On March 19, 2025, our Chief Executive Officer and our Corporate Secretary and Treasurer forgave interest the Company owed them in the amount $3,503 and $34,672, respectively. These amounts were credited to additional paid-in-capital.
The Company is obligated to related parties for notes payable as follows as of March 31, 2026 and December 31, 2025:
The detail of the above notes are listed in Note 4
The Company owed related parties accrued interest in the amount of $47,253 and $41,363 at March 31, 2026 and December 31, 2025, respectively.
The Company periodically receives operating funds advanced from related parties which are documented with notes payable or convertible notes payable. Additionally, the Company related parties cover account payables by direct payment of the account payables which are also documented with notes payable or convertible notes payable. As of March 31, 2026 and December 31, 2025, the total non-convertible notes from related parties were $199,943, and $169,712, respectively. |
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