NOTE 11 - RELATED PARTY TRANSACTIONS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| NOTE 11 - RELATED PARTY TRANSACTIONS | NOTE 11 - RELATED PARTY TRANSACTIONS
Due from related parties
During the six months ended June 30, 2026 and 2025, the Company loaned $26,201 and $29,462 to a related party and collected $6,700 and $839, respectively.
At June 30, 2026, and December 31, 2025, the Company had amounts due from related parties of $509,020 and $639,519, respectively. The loans are unsecured, non-interest bearing and due on demand.
Due to related parties
At June 30, 2026, and December 31, 2025, the Company had amounts due to related parties of $65,829. The amounts are unsecured, non-interest bearing and due on demand.
Employment agreements
During the six months ended June 30, 2025, the Company issued shares of Series B Preferred Stock to settle salary payable for our CEO and CFO of $631,500. As a result, the Company recorded a loss on settlement of salary payable of $216,981.
During the six months ended June 30, 2026, and 2025, the Company recorded management salaries of $423,000 and $549,000, stock-based compensation bonuses of $7,596 and $55,198, respectively.
At June 30, 2026, and December 31, 2025, the Company recorded and accrued management salaries of $42,728 and $68,364, respectively.
|