(4) NOTES PAYABLE

On April 6, 2021, the Company borrowed $300,000 under an unsecured promissory note with Satco International, Ltd. This promissory note bears interest at a rate of 8% annually and was due April 6, 2023. In conjunction with this note, the Company issued warrants for 1,000,000 shares of common stock, exercisable at $1.00 per share and expired 3 years from the date of the promissory note. Since the original note date, the unsecured promissory note with Satco International, Ltd. has been amended through a series of amendments to extend the due date from August 31 2026, to August 31, 2027, or at the immediate time when alternative financing or other proceeds are received. These extensions have no bearing on the warrants that were issued in conjunction with the original promissory note. This note is separate from the 8% convertible debenture agreement that the Company has in place with Satco International, Ltd. (see Note 6). As of June 30, 2026, and March 31, 2026, accrued interest on the note totaled $125,656, and $119,671 respectively.

On September 30, 2025, the Company executed a secured promissory note with a shareholder. This promissory note bears interest at a rate of 7.5% annually, is due September 30, 2026, functions as a line of credit, and has a credit limit of $300,000. As of June 30, 2026, the company has borrowed $245,000 and accrued interest on the note totaled $11,093, and as of March 31, 2026, the company had borrowed $245,000 and accrued interest on the note totaled $6,512.