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RELATED PARTY
3 Months Ended
Mar. 31, 2026
RELATED PARTY  
RELATED PARTY

NOTE 4 – RELATED PARTY

 

The Company leases 250 square feet of warehouse space from its owner Maine Biofuel. The lease commenced on January 1, 2023 and continues for 5 years. The lease may be terminated by either party giving a 30 day notice. The monthly rent is $150. The president of the lessor was a partner in the partnership that sold Happy Traps to Maine Biofuel. 

 

On  December 31, 2021, the original partners sold  their interest to Maine Biofuel  for $50,000 to be paid in installments.

 

During the three months ended March 31, 2026 and 2025, the Company notes receivable due from related parties of $22,065, respectively.