RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | NOTE 4 – RELATED PARTY TRANSACTIONS
Loans from Related Parties
During the years ended December 31, 2025, and 2024, the Company obtained $7,250 and $37,871 loan from our related parties, repaid $180,734 and $135,976 to our related parties and recognized interest of $26,059 and $27,010, respectively.
As of December 31, 2025, and 2024, the Company had notes payable related parties of $663,266 and $836,749 and accrued interest of $144,474 and $118,416, respectively. The notes are unsecured, 3% interest bearing and due on demand.
Due to related party
As of December 31,2025, and December 31,2024, the Company had due to related party of $3,275.
Management Compensation
During the years ended December 31,2025 and 2024, the Company accrued $120,000 and $120,000 and paid $0 and $5,000 management fees, respectively.
During the year ended December 31,2025, the Company’s board of directors approved issuance of 565,000 restricted shares of common stock to three directors for services rendered in the past. The Company valued the granted shares at $52,545 based on market price of grant date. The shares were issued on February 25,2026. |