NOTES PAYABLE RELATED PARTIES |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NOTES PAYABLE RELATED PARTIES | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NOTES PAYABLE-RELATED PARTIES | NOTE 5. NOTES PAYABLE-RELATED PARTIES
As of June 30, 2025, and December 31, 2024, the balance of notes payable to related parties was $673,103 and $675,869, respectively. These notes have been provided on an interest-free demand basis to the Company
The Company’s financing subsequent to the change of control on September 30, 2021 primarily has come from the Winvest Group Limited (Cayman), an affiliate with the same name as the Company, and based in the Cayman Islands; and also, from the CEO and Director of the Company’s IQI subsidiary, who is also Director at WNLV. Winvest Group Limited (Cayman) is an equity holdings company in the wellness industry and shares the same board of directors as the Company.
As of June 30, 2025, the outstanding balance of related party notes payable was comprised of the following:
As of December 31, 2024, the outstanding balance of related party notes payable was:
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