v3.26.1
Related Party Transactions
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

6. Related Party Transactions

 

Three Months Ended March 31, 2026

 

The Company accrued salaries due to officers in the amount of $57,380.

 

The Company received capital contributions from related parties in the amounts of $39,740.

 

Three Months Ended March 31, 2025

 

On October 28, 2024, the Company entered into an agreement with Xavier Carter, its Chief Financial Officer, for a short-term loan in the amount of $1,500. If repaid within 90 days, the loan has an interest rate of 0%. If the loan is not repaid on the due date of January 28, 2025, interest will accrue at a rate of 6.5%. The loan was paid in full on January 23, 2025.

  

On February 4, 2025, the Company issued 2,000,000 shares of common stock with a fair value of $280,000 to each of its Chief Executive Officer and Chief Financial Officer as compensation for ongoing services.

  

On February 4, 2025, the Company issued 1,000,000 shares of common stock with a fair value of $140,000 to its Corporate Secretary as compensation for ongoing services.

 

The Company accrued salaries due to officers in the amount of $65,188.