LOAN PAYABLE |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| LOAN PAYABLE | |
| LOAN PAYABLE | NOTE 5 – LOAN PAYABLE
On September 15, 2024, the Company entered into a loan agreement with a non-affiliate party at $128,401 to support operating expense of the Company. The loan has a maturity date of September 15, 2026 and interest rate at 8% per annum. On December 3, 2025, the Company entered into a loan settlement agreement through the issuance of 2,140,016 common shares. As of December 31, 2025, 2,140,016 shares remained outstanding and were recorded as stock payable. As of June 30, 2026 and December 31, 2025, the loan payable was $0.
On November 25, 2024, Goldfinch Group Holdings Ltd. entered into a loan agreement with a non-affiliate party at $20,533 (CNY145,172) to support legal set-up cost of the Company. The loan has a maturity date of November 25, 2026 and interest rate at 10% per annum. On December 3, 2025, the Company entered into a loan settlement agreement through the issuance of 342,216 common shares. As of December 31, 2025, 342,216 shares remained outstanding and were recorded as stock payable. As of June 30, 2026 and December 31, 2025, the loan payable was $0.
On June 15, 2026, the Company entered into a loan agreement with a non-affiliate party at $95,038 to support operating expense of the Company during the six months ended June 30, 2026. The loan has a maturity date of June 15, 2028 and interest rate at 8% per annum. As of June 30, 2026, the loan payable was $95,038.
Interest expense for the six months ended June 30, 2026 and 2025 were $317 and $7,119.
As of June 30, 2026 and December 31, 2025, the loan payable was $95,038 and $0, respectively. |