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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2022
COMMITMENTS AND CONTINGENCIES  
Note 7 - Commitments And Contingencies

NOTE 7 – COMMITMENTS AND CONTINGENCIES

 

The Company is obligated for payments under related party notes payable and automobile lease payments.

 

The Company agreed to pay the automobile lease of $395 and $278 a month, on a month-to-month basis and can be cancelled at any time but expects to continue lease payments for the full 2022 year.

 

The Company entered into an agreement, effective January 1, 2020, to pay Arnulfo Saucedo-Bardan $5,000 per month for website development, design maintenance and other IT services and solutions.

 

On February 13, 2020, Munti Consulting LLC was issued a warrant at a price of $0.000025 per share ($25 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share. Exercisable after the first (1st) anniversary of the date of filing of the first Form S1 filed with the U.S. Securities and Exchange Commission after the issuance of this Warrant.

 

On March 13, 2020, BBCKQK Trust Kevin Wiltz was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On March 13, 2020, Willy Ariel Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On April 1, 2020, Addicted 2 Marketing LLC was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

 

On April 28, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 4, 2020, Arnulfo Saucedo- Bardan was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 7, 2020, Arnold F. Sock was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 7, 2020 Rudy Chacon was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 7, 2020, Sadegh Salmassi was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 8, 2020, Glen J. Rineer was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 8, 2020 Barry Cohen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 8, 2020, Malcolm Ziman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 8, 2020 Brett Matus was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brian D Colvin was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 8, 2020 Jacob Colvin was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 11, 2020, Mohammad Sadrolashrafi was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 13, 2020 Steven A. Fishman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 13, 2020 Wendell and Sharon Piper was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 19, 2020 Joan R. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 19, 2020 Marvin A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 20, 2020 Willy Rafael Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 27, 2020 James Bobrik was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 28, 2020 Richard R Shehane was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On May 29, 2020 Ybelka-Saint Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 3, 2020, Jeffery Connell was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

 

 On June 8, 2020 Hassan M. Oji was issued a warrant at a price of $0.000025 per share ($7.50 total) to purchase 300,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 9, 2020, Kim Smith was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 12, 2020 Violet Gewerter was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 16, 2020, Roy S Worbets was issued a warrant at a price of $0.000025 per share ($5.00) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 19, 2020, Elvis E. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On June 30, 2020, Chris Knudsen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On July 1, 2020, Theresa Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On July 1, 2020, Donald Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 10, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On August 13, 2020, Monireh Sepahpour was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On August 18, 2020, Monica Shayestehpour was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 2, 2020, Hongsing Phou was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 8, 2020, Pejham Khial was issued a warrant at a price of $0.000025 per share $12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 15, 2020, Salvatore Marasa was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 21, 2020, Richard W LeAndro was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 21, 2020, Richard W LeAndro Jr was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On September 25, 2020, Seyed M Javad was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

 

On October 6, 2020, Nasrin Montazer was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

 

On October 13, 2020, Jagjit Dhaliwal was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

On January 3, 2021, Marjan Tina Suwarno & Reno Suwarno were issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

 

Summary of Warrants Issued:

 

Issue Date

 

 

Issued To

 

Shares

 

 

Exercise price

per share

 

 

Warrant price

per share

 

 

Total Paid

for Warrants

 

02/13/2020

 

 

Munti Consulting LLC

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

03/13/2020

 

 

BBCKQK Trust Kevin Wiltz

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

04/01/2020

 

 

Addicted 2 Marketing LLC

 

 

100,000

 

 

$0.60

 

 

$0.000025

 

 

$2.50

 

05/07/2020

 

 

Arnold F Sock

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

05/07/2020

 

 

Rudy Chacon

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/07/2020

 

 

Sadegh Salmassi

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/08/2020

 

 

Glen J Rineer

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/08/2020

 

 

Barry Cohen

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/13/2020

 

 

Steven A Fishman

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/13/2020

 

 

Wendell & Sharon Piper

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/27/2020

 

 

James Bobrik

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/28/2020

 

 

Richard R Shehane

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

06/03/2020

 

 

Jeffery Connell

 

 

100,000

 

 

$0.60

 

 

$0.000025

 

 

$2.50

 

06/08/2020

 

 

Hassan M Oji

 

 

300,000

 

 

$0.60

 

 

$0.000025

 

 

$7.50

 

06/09/2020

 

 

Kim Smith

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

06/12/2020

 

 

Violet Gewerter

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

06/16/2020

 

 

Roy S Worbets

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

06/30/2020

 

 

Chris Knudsen

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

07/01/2020

 

 

Donald Kitt

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

08/13/2020

 

 

Monireh Sepahpour

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

08/18/2020

 

 

Monica Shayestehpour

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

09/02/2020

 

 

Hongsing Phou

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

09/08/2020

 

 

Pejham Khial

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

09/15/2020

 

 

Salvatore Marasa

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

09/21/2020

 

 

Richard W LeAndro

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

09/21/2020

 

 

Richard W LeAndro Jr

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

09/25/2020

 

 

Seyed M Javad

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

10/06/2020

 

 

Nasrin Montazer

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

10/13/2020

 

 

Jagjit Dhaliwal

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

01/03/2021

 

 

Marjan Tina and Reno Suwarno

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

 

 

 

Total:

 

 

12,300,000

 

 

 

 

 

 

 

 

 

 

$307.50

 

Related Party:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

03/13/2020

 

Willy A Saint-Hilaire

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

04/28/2020

 

Shahram Khial

 

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

05/01/2020

 

Mike Zaman

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

05/01/2020

 

Montse Zaman

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

05/08/2020

 

Malcolm Ziman

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/08/2020

 

Brett Matus

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/11/2020

 

Mohammad Sadrolashrafi

 

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$12.50

 

05/04/2020

 

Arnulfo Saucedo-Bardan

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

05/08/2020

 

Brian D. Colvin

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

05/08/2020

 

Jacob Colvin

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/19/2020

 

Joan R Saint-Hilaire

 

 

 

100,000

 

 

$0.60

 

 

$0.000025

 

 

$2.50

 

05/19/2020

 

Marvin A Saint-Hilaire

 

 

 

100,000

 

 

$0.60

 

 

$0.000025

 

 

$2.50

 

05/20/2020

 

Willy Rafael Saint-Hilaire

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

05/29/2020

 

Ybelka Saint-Hilaire

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

06/09/2020

 

Kenneth Cornell Bosket

 

 

 

1,000,000

 

 

$0.60

 

 

$0.000025

 

 

$25.00

 

06/19/2020

 

Elvis E Saint-Hilaire

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

07/01/2020

 

Theresa Kitt

 

 

 

200,000

 

 

$0.60

 

 

$0.000025

 

 

$5.00

 

07/10/2020

 

Shahram Khial

 

 

 

500,000

 

 

$0.60

 

 

$0.000025

 

 

$

12.50

 

 

 

 

 

 

 

 

9,100,000

 

 

 

 

 

 

 

 

 

 

 

227.00