RELATED PARTY TRANSACTIONS |
3 Months Ended |
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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. |