COMMON STOCK |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Equity [Abstract] | |
| COMMON STOCK | NOTE 13 – COMMON STOCK
On January 5, 2024, the Company issued shares of its common stock to a debt holder for conversion of $5,003 of debt.
On September 26, 2024, Beartooth Asset Holding, LLC, an entity controlled by Paul Strickland, agreed to cancel shares of common stock as part of the merger agreement.
On May 20, 2025, the Company issued shares of common stock for legal fees associated with the settlement liability (Note 8).
On June 2, 2025, a debt holder converted $232,187 of principal and accrued interest, respectively, into shares of common stock (see Note 7).
On May 16, 2025, the Company issued million shares of common stock to Beartooth Asset Holdings, Inc. (“Beartooth”) a related party as a corporate restructuring transaction in preparation for a potential merger. The Company had not entered into any agreement or obligation for a specific merger transaction.
On July 21, 2025, John D. Murphy, Jr. retired $74,501 of debt by converting shares of common stock pursuant to the terms of the December 5, 2023 note.
On August 5, 2025, an unrelated party retired $103,986 of debt by converting into shares of common stock pursuant to the terms of the May 30, 2025 note.
On August 5, 2025, an unrelated party retired $3,684 of debt by converting into shares of common stock pursuant to the terms of the May 14, 2025 note.
On August 5, 2025, an unrelated party retired $146,799 of debt by converting into shares of common stock pursuant to the terms of the November 30, 2020 3a10 stipulated settlement.
On August 7, 2025, Paul Strickland, the Company’s sole director and officer, retired $7,119 of debt by converting into shares of common stock pursuant to the terms of the December 12, 2023 convertible exchange note.
On August 12, 2025, Selkirk retired $75,309 of debt by converting into shares of common stock pursuant to the terms of the October 6, 2022 note.
On August 12, 2025, Selkirk retired $32,163 of debt by converting into shares of common stock pursuant to the terms of the June 5, 2023 note.
During the year ending December 31, 2025, an unrelated party converted $ and $ of principal and interest, respectively, into shares of common stock; however, an unrelated party entered into separate agreements to sell or transfer its shares in the Company to other unrelated parties.
The shares were issued in settlement of outstanding liabilities and were measured at the carrying value of the debt extinguished. Accordingly, the transactions were accounted for as debt settlements, with the carrying amounts of the liabilities reclassified to common stock and additional paid-in capital.
Refer Note 5 and 7 for the common stock issued in conversion of debt to an unrelated parties
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