v3.25.2
NOTES PAYABLE
6 Months Ended
Jun. 30, 2025
NOTES PAYABLE  
NOTES PAYABLE

NOTE 4 –NOTES PAYABLE

 

Promissory notes payable as of June 30, 2025 and December 31, 2024 consists of the following:

 

June 30, 2025

 

 

December 31, 2024

 

$

73,228

 

 

$

73,228

 

 

2,500

 

 

 

2,500

 

 

20,000

 

 

 

20,000

 

 

4,571

 

 

 

4,571

 

 

763

 

 

 

763

 

 

7,341

 

 

 

7,341

 

 

2,500

 

 

 

2,500

 

 

5,000

 

 

 

5,000

 

 

13,000

 

 

 

13,000

 

 

8,000

 

 

 

8,000

 

 

976

 

 

 

976

 

 

12,000

 

 

 

12,000

 

 

3,500

 

 

 

3,500

 

 

5,000

 

 

 

5,000

 

 

6,123

 

 

 

6,123

 

 

5,000

 

 

 

5,000

 

 

12,000

 

 

 

12,000

 

 

1,341

 

 

 

1,341

 

 

1,498

 

 

 

1,498

 

 

5,300

 

 

 

5,300

 

 

3,000

 

 

 

3,000

 

 

1,791

 

 

 

1,791

 

 

7,500

 

 

 

7,500

 

 

4,500

 

 

 

4,500

 

 

668

 

 

 

668

 

 

6,500

 

 

 

6,500

 

 

3,113

 

 

 

3,113

 

 

250

 

 

 

-

 

 

6,500

 

 

 

-

 

 

10,000

 

 

 

-

 

 

2,265

 

 

 

-

 

 

980

 

 

 

-

 

 

10,000

 

 

 

-

 

 

3,874

 

 

 

-

 

$

231,567

 

 

$216,713

 

 

During the six months ended June 30, 2025 and 2024, the Company has issued various promissory notes amounting to $33,869 and 44,553, respectively for general operating purposes. The notes carry an interest rate of 10% and are due upon demand.

 

During the six months ended June 30, 2025 and 2024, the Company recorded interest expense related to these notes of $9,889 and $17,903, respectively.