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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2025
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

The Company has issued a promissory note amounting to $7,000 for general operating purposes to a related party. The note carries a interest rate of 5% and was due on July 14, 2019.

 

During the three months ended March 31, 2025 and 2024, the Company recorded interest expense of $86 and $87, respectively.

 

As of |March 31, 2025 and December 31, 2024, the Company had advances due to related parties of $80,680 and $80,680, respectively. The amounts due bears no interest and are due on demand.