NOTE 7 - DUE TO RELATED PARTIES |
9 Months Ended |
|---|---|
Sep. 30, 2024 | |
| Notes | |
| NOTE 7 - DUE TO RELATED PARTIES | NOTE 7 – DUE TO RELATED PARTIES
Due to related parties totaled $57,978 and $28,958 as of September 30, 2024 and December 31, 2023, respectively. These amounts are comprised of cash advances provided to the Company for operating expenses and direct payments of Company expenses by Company officers. The amounts due to related parties are non-interest bearing and unsecured. See Note 12.
For the nine months ended September 30, 2024, Company officers advanced $30,187 to the Company and were repaid $1,167 through the use of the Company’s credit card. For the comparable nine months ended September 30, 2023, Company officers advanced $2,751 to the Company, were repaid $21,255 in cash and $2,490 through the use of the Company’s credit card. |