NOTES PAYABLE

12 Months Ended

Dec. 31, 2021

NOTES PAYABLE

NOTE 6 - NOTES PAYABLE

NOTE 6 – NOTES PAYABLE

During the years ended December 31, 2021 and 2020, a lender advanced the Company a total of $157,083 and $126,064 for the payment of corporate expenses. The advances accrue interest at 10% per annum and are due on demand. The principal balance was $391,419 and $234,336 and accrued interest was $57,641 and $23,775 as of December 31, 2021 and 2020, respectively.

During the year ended December 31, 2021, a lender advanced a total of $7,500 for working capital purposes under a demand note. The advance accrues interest at 10% per annum and is due on demand. The balance on the note was $7,500 and accrued interest was $633 as of December 31, 2021. Interest expense was $633 for the year ended December 31, 2021.