NOTE 5 - RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2022

Notes

NOTE 5 - RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

Accounts Payable – Related Parties

The Company regularly incurs expenses that are paid to related parties and purchases goods and services from related parties. As of March 31, 2022 and December 31, 2021, the Company owed a board member’s company for such services in the amounts of $123,320 and $124,472, respectively.

Accrued Management Compensation

For the periods ended March 31, 2022 and December 31, 2021, the Company’s president was due amounts for services performed for the Company.

As of March 31, 2022 and December 31, 2021 the accrued management fees consisted of the following:

	March 31,			December 31,
	2022			2021
Amounts due to the president		$	628,812		$	620,735
Total		$	628,812		$	620,735