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STOCK PAYABLE
6 Months Ended
Jun. 30, 2025
Stock Payable  
STOCK PAYABLE

NOTE 11 – STOCK PAYABLE

 

The Company’s related party settlement liability (Note 7) included the requirement to issue 5,000,000 shares of the Company’s common stock in order to cover litigation and legal expenses associated with the settlement agreement. The value of the shares at the settlement date was $0.01 resulting in a total value of $50,000. The Company issued 1,387,000 shares of common stock on November 5, 2020, at a value of $13,870. The Company issued 144,007 shares of common stock on May 20, 2025, at a value of $15,841, to Nicosel, LLC. The balance due is $20,289 and $36,130 as of June 30, 2025 and December 31, 2024, respectively.