| ACCRUED LIABILITIES |
NOTE 10. ACCRUED LIABILITIES As of June 30, 2025, the Company had accrued liabilities of $91,381, which is a decrease of $90,527 from $181,908 as of December 31, 2024. The accrued liabilities as of June 30, 2025 consist of amounts owed for staff costs, audit fees and other administrative expenses Included in accrued liabilities are amounts accrued in relation to payables to the related parties of the Company comprising our Company's director, Khiow Hui Lim, and Company officer, Charlene Logan Kelly, for marketing advisory services rendered to the Company. The following marketing advisory fees were accrued as of the respective year-ends: | · | Khiow Hui Lim: $24,000 accrued for the six months ended June 30, 2025, and $24,000 accrued for the year ended December 31, 2024. The total amount of marketing advisory services incurred and services provided by Khiow Hui Lim was $24,000 for the six months ended June 30, 2025, and $48,000 for the year ended December 31, 2024. As of June 30, 2025 and December 31, 2024, the total accrued balance payable to Khiow Hui Lim was $40,000 and $24,000 respectively. The Company paid $8,000 to Khiow Hui Lim in January 2025. | | | | | · | Charlene Logan Kelly: $0 accrued for the six months ended June 30, 2025, and $12,000 accrued for the year ended December 31, 2024. The total amount of marketing advisory services incurred and services provided by Charlene Logan Kelly was $0 for the six months ended June 30, 2025, and $24,000 for the year ended December 31, 2024. As of June 30, 2025 and December 31, 2024, the total accrued balance payable to Charlene Logan Kelly was $12,000 and $12,000 respectively |
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