RELATED PARTY |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| RELATED PARTY | |
| RELATED PARTY | NOTE 4 – RELATED PARTY
The Company leases 250 square feet of warehouse space from its owner Maine Biofuel. The lease commenced on January 1, 2023 and continues for 5 years. The lease may be terminated by either party giving a 30 day notice. The monthly rent is $150. The president of the lessor was a partner in the partnership that sold Happy Traps to Maine Biofuel.
On December 31, 2021, the original partners sold their interest to Maine Biofuel for $50,000 to be paid in installments.
During the six months ended June 30, 2026 and 2025, the Company notes receivable due from related parties of $24,390 and $22,065, respectively. |