NOTE 3 – Line of Credit – Related Party

On January 4, 2021, we entered into a revolving promissory note agreement with our president and principal stockholder. During the six months ending March 31, 2026, the Company amended the revolving promissory note agreement to extend the maturity date to December 31, 2026 and increase the maximum principal indebtedness to $200,600. The revolving promissory note bears interest at the rate of 3.5%. The Company received proceeds under the line of credit of $19,550 and recorded interest expense of $3,134 during the six months ended March 31, 2026, resulting in balances of $185,973 and $166,423, with accrued interest of $16,573 and $13,439, at March 31, 2026 and September 30, 2025, respectively.  

On December 1, 2021, we entered into a revolving promissory note agreement with another principal stockholder. During the six months ended March 31, 2026, the Company amended the revolving promissory note agreement to extend the maturity date to December 31, 2026 and increase the maximum principal indebtedness to $35,400. The revolving promissory note bears interest at the rate of 3.5% per annum. The Company received proceeds under the line of credit of $4,950 and recorded interest expense of $544 during the six months ended March 31, 2026, resulting in balances of $32,819 and $27,869, with accrued interest of $2,672 and $2,128, at March 31, 2026 and September 30, 2025, respectively.