RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2022

RELATED PARTY TRANSACTIONS

Related Party Transactions

NOTE 5 – RELATED PARTY TRANSACTIONS

The Company was advanced $63,017 by paying expenses on behalf of the Company during the six months ended June 30, 2022 by its Chief Executive Officer, President and Chairman of the Board (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 was $217,389 and $154,372 and accrued interest was $38,515 and $29,641 as of June 30, 2022 and December 31, 2021, respectively. Interest expense was $8,874 and $5,629 for the six months ended June 30, 2022 and 2021, respectively