v3.26.1
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2026
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES
NOTE 4 – COMMITMENTS AND CONTINGENCIES
 
Contingent Obligation Under Employment Agreement
 
Pursuant to the Employment Agreement between the Company and its Chief Executive Officer, if certain termination events specified in the agreement were to occur, the Company could be required to provide cash payments of $712,500 and issue 1,140,000 shares of its common stock.
 
Because the obligation is contingent upon future events that had not occurred as of June 30, 2026, no liability has been recognized in accordance with ASC 450, Contingencies.