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NOTE 5 - COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2024
Notes  
NOTE 5 - COMMITMENTS AND CONTINGENCIES

NOTE 5 – COMMITMENTS AND CONTINGENCIES

 

The Company leases virtual office space on a month-to-month basis in Seattle, Washington.

 

On September 10, 2024, the Company entered into an Acquisition Agreement to exchange shares with Quantomo OU., an Estonian corporation (“Quantomo”), whereby the Company agreed to acquire from Quantomo 100% of the Quantomo’s outstanding shares in exchange for 2,000,000 shares of the Company’s common stock and a one-time cash payment of $135,000 or (120,000 Euros). The closing of the transaction is expected to occur by December 10, 2024, subject to the satisfaction of the certain closing conditions as defined within the agreement. As of September

30, 2024, the Company has made the cash payment which has been recorded within Deposits in the accompanying consolidated balance sheet. The transaction has not yet closed.