NOTE 6 – CONVERTIBLE NOTES PAYABLE – RELATED PARTY

As of June 30, 2026 and December 31, 2025, convertible notes payable-related party consisted of the following:

Upon the occurrence of an event of default, the lenders shall have the option to convert all or any portion of the unpaid principal, accrued interest, and any other fees or charges into shares of the Company’s common stock at a fixed price of $0.0002 per share, subject to the limitation that such conversion shall not result in the lender beneficially owning more than 9.99% of the total outstanding common stock of the Company at the time of conversion. The notes bear interest at stated rates ranging from 8% to 15% per annum. All notes had matured and were in default as of June 30, 2026. See Note 7. Interest expense on convertible notes - related party totaled $15,068 and $29,140 for the three months ended June 30, 2026 and 2025, respectively. Interest expense on convertible notes - related party totaled $41,231 and $29,140 for the six months ended June 30, 2026 and 2025, respectively. Interest expense is recorded as an addition to the principal balance.

During the six months ended June 30, 2026, Pinnacle Consulting Services, Inc. (“Pinnacle”) converted $25,000 of principal into 125,000,000 shares of common stock. See Note 4.