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NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES
3 Months Ended
Mar. 31, 2025
NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES  
NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

NOTE 5 – NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

 

As of March 31, 2025, and December 31, 2024, the Company had unamortized discounts of $0 and $0 respectively.

 

The Company analyzed the below convertible notes for derivatives noting none.

 

 

 

Original

 

Due

 

Interest

 

 

Conversion

 

 

March 31,

 

Name

 

Note Date

 

Date

 

Rate

 

 

Rate

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related Party Notes Payable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mike Zaman Irrevocable Trust

 

03/23/2023

 

03/23/2024

 

 

12%

 

$-

 

 

 

18,000

 

Mike Zaman Irrevocable Trust

 

05/08/2023

 

05/08/2024

 

 

12%

 

$-

 

 

 

5,800

 

Mike Zaman Irrevocable Trust

 

06/02/2023

 

06/02/2024

 

 

12%

 

$-

 

 

 

2,500

 

Mike Zaman Irrevocable Trust

 

06/20/2023

 

06/20/2024

 

 

12%

 

$-

 

 

 

3,000

 

Mike Zaman

 

07/18/2023

 

07/18/2024

 

 

12%

 

$-

 

 

 

15,000

 

Mike Zaman Irrevocable Trust

 

08/04/2023

 

08/04/2024

 

 

12%

 

$-

 

 

 

12,000

 

Mike Zaman Irrevocable Trust

 

09/20/2023

 

09/20/2024

 

 

12%

 

$-

 

 

 

2,500

 

Mike Zaman Irrevocable Trust

 

09/22/2023

 

09/22/2024

 

 

12%

 

$-

 

 

 

1,000

 

Mike Zaman Irrevocable Trust

 

09/23/2023

 

09/23/2024

 

 

12%

 

$-

 

 

 

1,000

 

Mike Zaman Irrevocable Trust

 

10/20/2023

 

10/20/2024

 

 

12%

 

$-

 

 

 

3,000

 

Mike Zaman Irrevocable Trust

 

11/06/2023

 

11/06/2024

 

 

12%

 

$-

 

 

 

10,000

 

Mike Zaman Irrevocable Trust

 

12/12/2023

 

12/12/2024

 

 

12%

 

$-

 

 

 

10,000

 

Mike Zaman Irrevocable Trust

 

02/01/2024

 

02/01/2025

 

 

12%

 

$-

 

 

 

10,000

 

Mike Zaman Irrevocable Trust

 

03/21/2024

 

03/21/2025

 

 

12%

 

$-

 

 

 

2,000

 

Mike Zaman Irrevocable Trust

 

03/25/2024

 

03/25/2025

 

 

12%

 

$-

 

 

 

11,000

 

Mike Zaman

 

05/14/2024

 

05/14/2025

 

 

12%

 

$-

 

 

 

4,500

 

Mike Zaman Irrevocable Trust

 

05/28/2024

 

05/28/2025

 

 

12%

 

$-

 

 

 

1,500

 

Mike Zaman

 

06/06/2024

 

06/06/2025

 

 

12%

 

$-

 

 

 

2,500

 

Mike Zaman

 

06/06/2024

 

06/06/2025

 

 

12%

 

$-

 

 

 

916

 

Mike Zaman

 

06/24/2024

 

06/24/2025

 

 

12%

 

$-

 

 

 

950

 

Mike Zaman Irrevocable Trust

 

07/22/2024

 

07/22/2025

 

 

12%

 

$-

 

 

 

1,500

 

Mike Zaman Irrevocable Trust

 

07/31/2024

 

07/31/2025

 

 

12%

 

$-

 

 

 

4,000

 

Mike Zaman Irrevocable Trust

 

09/30/2024

 

09/30/2025

 

 

12%

 

$-

 

 

 

1,500

 

Mike Zaman Irrevocable Trust

 

10/25/2024

 

10/25/2025

 

 

12%

 

$-

 

 

 

1,200

 

Mike Zaman Irrevocable Trust

 

11/21/2024

 

11/21/2025

 

 

12%

 

$-

 

 

 

4,000

 

Mike Zaman Irrevocable Trust

 

01/10/2025

 

01/10/2026

 

 

12%

 

$

 

 

 

500

 

Mike Zaman

 

01/27/2025

 

01/27/2026

 

 

12%

 

$

 

 

 

1,009

 

Mike Zaman

 

02/24/2025

 

02/24/2026

 

 

12%

 

$

 

 

 

1,057

 

Mike Zaman

 

02/24/2025

 

02/24/2026

 

 

12%

 

$

 

 

 

1,057

 

Mike Zaman

 

02/27/2025

 

03/27/2026

 

 

12%

 

$

 

 

 

955

 

Mike Zaman Irrevocable Trust

 

03/07/2025

 

03/07/2026

 

 

12%

 

$

 

 

 

500

 

Mike Zaman

 

03/11/2025

 

03/11/2026

 

 

12%

 

$

 

 

 

1,410

 

Mike Zaman

 

03/25/2025

 

03/25/2026

 

 

12%

 

$

 

 

 

3,500

 

Total Related Party Notes Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

139,354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related Party Convertible Notes Payable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mike Zaman Irrevocable Trust

 

12/25/2022

 

12/25/2023

 

 

12%

 

$0.50

 

 

 

2,000

 

Mike Zaman

 

01/11/2023

 

01/11/2024

 

 

12%

 

$0.50

 

 

 

1,100

 

Mike Zaman Irrevocable Trust

 

01/23/2023

 

01/23/2024

 

 

12%

 

$0.50

 

 

 

2,500

 

Mike Zaman Irrevocable Trust

 

01/31/2023

 

01/31/2024

 

 

12%

 

$0.50

 

 

 

1,000

 

Mike Zaman Irrevocable Trust

 

02/14/2023

 

02/14/2024

 

 

12%

 

$0.50

 

 

 

10,000

 

Total Convertible Related Party Notes Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,600

 

The conversion rate is one share of common stock at $0.50 per share, per dollar amount owed.

 

Mike Zaman

 

On January 11, 2023, the Company entered into a convertible promissory note with Mike Zaman in the amount of $1,100 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,100.

 

On July 18, 2023, the Company entered into a promissory note with Mike Zaman in the amount of $15,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $15,000.

 

On May 14, 2024, the Company entered into a promissory note with Mike Zaman in the amount of $4,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $4,500.

 

On June 6, 2024, the Company entered into a promissory note with Mike Zaman in the amount of $2,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,500.

 

On June 6, 2024, the Company entered into a promissory note with Mike Zaman in the amount of $916 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $916.

 

On June 24, 2024, the Company entered into a promissory note with Mike Zaman in the amount of $950 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $950.

 

On January 27, 2025, the company entered into a promissory note with Mike Zaman in the amount of $1,009 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $1,009.

 

On February 24, 2025, the company entered into a promissory note with Mike Zaman in the amount of $1,057 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $1,057.

 

On February 24, 2025, the company entered into a promissory note with Mike Zaman in the amount of to $1,057 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $1,057.

 

On February 27, 2025, the company entered into a promissory note with Mike Zaman in the amount of $955 at an interest rate of 12%..  As of March 31, 2025, the principal balance on this note was $955.

 

On March 11, 2025, the company entered into a promissory with Mike Zaman in the amount of $1,410 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $1,410.

 

On March 25, 2025, the company entered into a promissory with Mike Zaman in the amount of $3,500 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $3,500.

 

Mike Zaman Irrevocable Trust

 

On December 25, 2022, the Company entered into a convertible promissory note with Mike Zaman Irrevocable Trust in the amount of $2,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,000.

 

On January 23, 2023, the Company entered into a convertible promissory note with Mike Zaman Irrevocable Trust in the amount of $2,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,500.

 

On January 31, 2023, the Company entered into a convertible promissory note with Mike Zaman Irrevocable Trust in the amount of $1,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,000.

On February 14, 2023, the Company entered into a convertible promissory note with Mike Zaman Irrevocable Trust in the amount of $10,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $10,000.

 

On March 23, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $18,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $18,000.

 

On May 08, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $5,800 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $5,800.

 

On June 02, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $2,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,500.

 

On June 20, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $3,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $3,000.

 

On August 04, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $12,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $12,000.

 

On September 20, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $2,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,500.

 

On September 22, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,000.

 

On September 23, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,000.

 

On October 20, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $3,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $3,000.

 

On November 06, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $10,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $10,000.

 

On December 12, 2023, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $10,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $10,000.

 

On February 01, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $10,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $10,000.

 

On March 21, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $2,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $2,000.

 

On March 25, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $11,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $11,000.

 

On May 28, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,500.

 

On July 22, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,500 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $1,500.

 

On July 31, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $4,000 at an interest rate of 12%. As of March 31, 2025, the principal balance on this note was $4,000.

On September 30, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,500 at an interest rate of 12%. March 31, 2025, the principal balance on this note was $1,500.

 

On October 25, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $1,200 at an interest rate of 12%. March 31, 2025, the principal balance on this note was $1,200.

 

On November 21, 2024, the Company entered into a promissory note with Mike Zaman Irrevocable Trust in the amount of $4,000 at an interest rate of 12%. March 31, 2025, the principal balance on this note was $4,000.

 

On January 10, 2025, the company entered into a promissory note with the Mike Zaman Irrevocable Trust in the amount of $500 at an interest rate of 12%.  As of March 31, 2024, the principal balance on this note was $500.

 

On March 07, 2025, the company entered into a promissory with Mike Zaman Irrevocable Trust in the amount of $500 at an interest rate of 12%.  As of March 31, 2025, the principal balance on this note was $500.

 

On March 11, 2025, the company entered into a promissory with Mike Zaman in the amount of $1,410 at an interest rate of 12%.  As of March 11, 2025, the principal balance on this note was $1,410.

 

On March 25, 2025, the company entered into a promissory with Mike Zaman Irrevocable Trust in the amount of $3,500 at an interest rate of 12%.  As of March 25, 2025, the principal balance on this note was $3,500.