21. NOTES PAYABLE - CURRENT

The Company has notes payable - current as of June 30, 2026, and 2025 in the amount of approximately $2,515,190 and $2,596,378, respectively.

On June 30, 2022, the Company purchased from a non-related party, real estate asset appraised at $11,409,500 and executed two unsecured demand promissory notes bearing annual interest rates of 0%. The first is $2,600,000 and the second was in the amount of $280,000. This second note was subsequently fully paid on August 8, 2022.

The note is payable on demand in accordance with its contractual terms.

On March 16, 2026, Curah Capital Corporation assigned all the rights, title and interest of this Demand Promissory Note of $2,600,000 to Laya Management Corporation, a company where the sole shareholder and sole director are the same as Curah Capital Corporation.

Laya Management Corp. has issued a demand for repayment of the outstanding obligation, and as of July 2026 this note is considered to be in default.

The Board of Directors has received and acknowledged the demand from Laya Management Corporation. The matter is currently under consideration, and the Board expects to address the demand in the near term. As of the date of this report, no formal resolution or repayment arrangement has been approved. Management continues to evaluate repayment arrangements and remains in communication with the lender regarding the outstanding obligation.

The Company has classified the outstanding obligation as a current liability in the accompanying consolidated balance sheet, consistent with the demand nature of the note.

 SCHEDULE OF NOTES PAYABLE