CONVERTIBLE NOTE PAYABLE – RELATED PARTY

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

CONVERTIBLE NOTE PAYABLE – RELATED PARTY

NOTE 7 – CONVERTIBLE NOTE PAYABLE – RELATED PARTY

On December 5, 2023, the Company issued a Convertible Exchange Note to John Murphy, for $144,501. The Note was unsecured, non-interest bearing, and matures on December 4, 2024. The note is convertible into shares of common stock at a 50% average closing trading price for the twenty-five days prior to conversion. On March 8, 2024, the Company repaid $70,000 of the loan. On July 21, 2025, Mr. Murphy converted this note into 1,275,702 shares of common stock. As of September 30, 2025 and December 31, 2024, the balance of the note is $0 and $74,501, respectively.

On December 12, 2023, the company issued convertible exchange note to Paul Strickland. The Note was unsecured, non-interest bearing and matures on December 12, 2023. On August 07, 2025, Paul converted this debt into 83,753 shares of common stock. As of September 30, 2025 the outstanding balance of note is $0.

In connection with the acquisition of Jubilee Intel, LLC in the prior year, debt obligations totalling $97,424, including accrued interest, owed to Selkirk Global Holdings, LLC (“Selkirk”) under notes dated October 6, 2022, and April 6, 2023, were cancelled as part of the merger consideration. In May 2025, following the termination of the merger agreement and the Company’s transfer of its membership interest in Jubilee Intel, LLC, the previously cancelled debt was reinstated.

As a result, the Company recognized the reinstated debt of $97,424, including accrued interest, as a liability on its balance sheet as of September 30, 2025. Additional interest expense of $10,048 was accrued through September 30, 2025, in accordance with the original note terms, which bear interest at 10% per annum. In August 2025, Selkirk converted $107,472 of principal and accrued interest into 1,343,403 shares of common stock.

On July 17, 2025, the Company issued a 6% Convertible Exchange Note to Selkirk, for up to $50,000. The Note is unsecured and matures on July 16, 2026. The note is convertible into shares of common stock at a 50% discount to the average closing trading price for the ten days prior to conversion. As of September 30, 2025, there is $20,177 and $279 of principal and interest, respectively, due on this note.