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

NOTE 5 – Related Party Transactions

 

The Company utilizes the services of Yes International Inc., which is controlled by Mr. Richard Kaiser who is a member of the Board of Directors.  Yes International provides all services at no cost except for press release wire services and filing fees. For the three months ended March 31, 2026 and 2025 the Company paid press release wire services and filing fees a total in the amount of $185 and $-0- respectively.  The Company also currently operates out of Yes International Inc., offices at no cost.

 

During the three months ended March 31, 2026 and 2025, two board of directors paid expenses of the Company in the amount of $-0- and $3,152, respectively.  During the three months ended March 31, 2025, Mr. Merle Ferguson was issued 4,250,000 shares of common stock to reimburse him for accrued compensation and amounts due him totaling $2,173,000. Of this amount Mr. Richard Kaiser allowed Mr. Ferguson to assume $3,386 of his accrued liabilities and $644,023 of his accrued compensation for a total of $647,409.  Mr. Ferguson also loaned $51,000 to the Company during the year ended December 31, 2025. A shareholder also loaned money to the Company during the year ended December 31, 2025 in the amount of $10,000, a formal note was finalized and converted in April 2026. During the three months ended March 31, 2026 $1,527 was repaid to related parties. Due to related parties was $99,763 and $101,290 at March 31, 2026 and December 31, 2025, respectively.