NOTE 20: RELATED PARTY TRANSACTIONS

For the six months ended June 30, 2026

TRINITY has a related party receivable from Ox Hill Realty in the aggregate amount of $29,917,458 representing the amount due to the Company from Ox Hill for payments made to the financing companies and for loans made directly to Ox Hill by the Company. This amount was fully reserved at June 30, 2026. TRINITY has a security agreement with Ox Hill whereby Ox Hill has committed to paying TRINITY the amount of $29,088,485 before December 31, 2026 or $9,088,485 by December 31, 2026 with a note for the balance convertible to up to 19.9% of the equity of Ox Hill depending upon the appraised value of the Ox Hill properties. There can be no assurance that this amount will be received.

The Company accrued salaries due to officers in the amount of $14,423, net of payments of $108,462. At June 30, 2026 and December 31, 2025, the amount of $489,033 and $474,610, respectively, of accrued salaries due to officers is included in the Company’s balance sheet as Accrued Payroll. See Note 11.

The Company accrued fees due to the Board of Directors in the amount of $50,000.

On March 31, 2026, the Company issued 28,125 shares of common stock at a price of $2.00 per share to Directors for the conversion of accrued director’s fees in the amount of $56,250. There was no gain or loss recorded on this transaction as the conversion occurred at the market price at the time of the conversion.

On March 31, 2026, the Company issued 4,200,000 shares of common stock at a price of $2.00 per share to its President in connection with the TRINITY Acquisition. See Note 2.

TRINITY leases office space from an entity controlled by the Company’s President at a monthly rate of $23,000.

TRINITY recorded a liability in the amount of $6,314,423 payable to Millard L. Wallen, its President, for taxes payable by Mr. Wallen relating to the period prior to the TRINITY Acquisition. This amount did not affect the Company’s operating results. During the three months ended June 30, 2026, $800,000 of this amount was paid, and the balance of $5,514,423 remains on TRINITY’s balance sheet as of June 30, 2026 as a liability to a related party. 

For the six months ended June 30, 2025

On February 17, 2025, the Company completed the sale of its majority interest in AGP to Ron Pickett, its CEO, for the amount of $1. This amount was credited against the amount due to Mr. Pickett for business expenses. There were no assets on the books of AGP. The Company de-recognized the liabilities of AGP and the balance of non-controlling interest. The loss on sale of AGP to related party was recognized in income (loss) from discontinued operations.

The Company accrued salaries due to officers in the amount of $200,100, net of payments of $2,400. The Company accrued payroll taxes in the amount of $7,988 on unpaid wages. At June 30, 2025 and December 31, 2024, the amount of $415,523 and $395,423, respectively, of accrued salaries due to officers is included in the Company’s balance sheet as Accrued Payroll. See Note 11.

On June 30, 2025, the Company issued 180,000 shares of common stock at a price of $1.00 per share to Officers for the conversion of accrued salary in the amount of $180,000. There was no gain or loss recorded on this transaction as the conversion occurred at the market price at the time of the conversion.

The Company accrued fees due to the Board of Directors in the amount of $50,000.

On June 30, 2025, the Company issued 150,000 shares of common stock at a price of $1.00 per share to Directors for the conversion of accrued director’s fees in the amount of $150,000. There was no gain or loss recorded on this transaction as the conversion occurred at the market price at the time of the conversion.

The Company issued 250,000 shares of common stock at a price of $1.00 per share to a related party for the conversion of a note payable in the amount of $250,000. There was no gain or loss recorded on this transaction as the conversion occurred at the market price at the time of the conversion.