v3.25.1
Related Party Transactions
6 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4 – Related Party Transactions

 

During the six months ended March 31, 2025 the Company incurred compensation expense of $60,000 for services provided by its sole officer. As of March 31, 2025, $30,000 was owed to the sole officer for services provided.

 

During the six months ended March 31, 2025 the Company accrued fees of $10,000 for services provided by its directors. As of March 31, 2025, the Company has accrued a total of $17,500 in fees for services provided by its directors.

 

As of March 31, 2025, the Company has accrued a total of $7,401 in reimbursable expenses owed to the officer and directors.

 

During the six months ended March 31, 2025, the Company entered into an agreement with the sole officer to purchase 100 shares of Series C Preferred for $100 cash. See Note 9 for further details.