PROMISSORY NOTES PAYABLE |
6 Months Ended |
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Jun. 30, 2025 | |
PROMISSORY NOTES PAYABLE | |
PROMISSORY NOTES PAYABLE | NOTE 11 – PROMISSORY NOTES PAYABLE The promissory notes payable consists of the following unsecured notes to unrelated parties. Included in the balances are promissory notes with outstanding principal and unpaid interest of an aggregate of $1,396,921 and $1,391,130 as of June 30, 2025 and December 31, 2024, respectively. The promissory note with a principal as of June 30, 2025 amounting to $698,460 bears interest at a rate of 0% per annum, is unsecured and has no fixed term of repayment. As of June 30, 2025, and December 31, 2024, the outstanding principal and unpaid interest related to this promissory note amounted to $698,460 and $695,565, respectively. The promissory note with a principal as of June 30, 2025 amounting to $698,460 bears interest at a rate of 0% per annum, is unsecured and has no fixed term of repayment. As of June 30, 2025, and December 31, 2024, the outstanding principal and unpaid interest related to this promissory note amounted to $698,460 and $695,565, respectively. For the six months ended June 30, 2025, the interest expense related to these promissory notes was $ . |