v3.26.1
NOTE 10 - RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
NOTE 10 - RELATED PARTY TRANSACTIONS

NOTE 10 - RELATED PARTY TRANSACTIONS

 

Due from related parties

 

During the three months ended March 31, 2026 and 2025, the Company loaned $13,701 and $9,462 to a related party and collected $6,700 and $0, respectively.

 

At March 31, 2026 and December 31, 2025, the Company had amounts due from related parties of $496,520 and $639,519, respectively. The loans are unsecured, non-interest bearing and due on demand.

 

Due to related parties

 

At March 31, 2026 and December 31, 2025, the Company had amounts due to related parties of $65,829. The amounts are unsecured, non-interest bearing and due on demand.

 

Employment agreements

 

During the three months ended March 31, 2026 and 2025, the Company recorded management salaries and bonus of $211,500, and stock-based compensation bonuses of $4,920 and $32,815, respectively.

 

At March 31, 2026 and December 31, 2025, the Company recorded and accrued management salaries of $71,364 and $68,364, respectively.