NOTE 7 – PROMISSORY NOTES

As of June 30, 2025 and December 31, 2024, promissory notes of $2,185,067 (principal $2,081,016 and interest of $104,051) and of $2,081,016 (principal $2,081,016 and interest of $0), respectively, were outstanding. The promissory notes are unsecured, bear interest of 10% per annum and are due on December 31, 2025.