SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| SUBSEQUENT EVENTS | |
| SUBSEQUENT EVENTS | NOTE 17 - SUBSEQUENT EVENTS
The Company has evaluated subsequent events through the date the financial statements were issued. The Company has determined that there are no other such events that warrant disclosure or recognition in the financial statements other than as set forth below.
On July 13, 2026 the Company issued a $110,000 12% convertible promissory note with a maturity date of July 13, 2027 and is convertible at a rate of $0.05 per share.
On July 29, 2026 the Company issued a $100,000 12% convertible promissory note with a maturity date of October 29, 2027 and is convertible at a rate of $0.05 per share.
Since June 30, 2026, the Company has made payments totaling $153,250 to five lenders (one related and four unrelated) towards principal and accrued interest on five of its outstanding promissory notes.
On August 6, 2026, the Company amended the Articles of Incorporation for the Corporation to change the authorized capital stock of the Corporation to 310,000,000 shares, of which 300,000,000 shall be authorized as common shares and 10,000,000 shall be authorized as preferred shares. |