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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS  
NOTE 5 - RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

The Company was advanced $43,868 and $31,995 by paying expenses on behalf of the Company during the years ended December 31, 2021 and 2020, respectively, by the Company’s Chief Executive Officer, Mr. Matthew Dwyer, (the “CEO”) for working capital purposes. Additionally, the Company accrues $500 per month for rent and use of the CEO’s office space. The loans bear interest at 10% per annum and are payable on demand. The balance of the loans were $154,372 and $110,504 and accrued interest was $29,641 and $17,168 as of December 31, 2021 and 2020, respectively.