v3.25.1
SUBSEQUENT EVENT
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENT

NOTE 10 – SUBSEQUENT EVENT

 

On March 21, 2025, the Company entered into a Securities Purchase Agreement (the “SPA”) with GHS Investments (“GHS”) where under, the Company desired to issue and sell 60 Convertible Preferred Stock, $0.001 par value, $1,200 stated value, to GHS for a gross cash consideration of $60,000. The Company paid $9,200 in legal fees and commissions and received net proceeds of $50,800.

 

On April 10, 2025, under the SPA dated March 21, 2025 with GHS Investments (“GHS”), where under, the Company desired to issue and sell 45 Convertible Preferred Stock, $0.001 par value, $1,200 stated value, to GHS for a gross cash consideration of $45,000. The Company paid $900 in commissions and received net proceeds of $44,100.

 

On March 5, 2025 and March 6, 2025, the Company issued a total of 5,300,000 shares of its common stock to its director, an officer and three business advisors, in settlement of compensation payable to them as of December 31, 2024.