RELATED PARTY TRANSACTIONS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | NOTE 10 - RELATED PARTY TRANSACTIONS
During the three and six months ended June 30, 2026, the Company accrued $60,000 and $30,000 of salary payable to the Director of the Company, respectively.
During the three and six months ended June 30, 2025, the Company accrued $60,000 and $30,000 of salary payable to the Director of the Company, respectively.
During the three and six months ended June 30, 2026, the Company paid $12,000 and $18,000 owing to the Director of the Company for the accrued salaries, respectively.
During the three and six months ended June 30, 2025, the Company paid $15,000 and $9,000 owing to the Director of the Company for the accrued salaries, respectively.
During the three and six months ended June 30, 2026 and 2025, the Director of the Company made payment to a vendor of $308 on behalf of the Company.
During the six months ended June 30, 2026, the Company issued 600,000 shares of common stock valued at $150,000 to the Director of the Company for service rendered.
As of June 30, 2026 and December 31, 2025, the total amount due to the related party was $873,436 and $831,128, respectively.
The terms and conditions are not necessarily indicative of what third parties would agree to. |