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NOTE 5 - RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2026
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 for purchases of goods and services from related parties. As of March 31, 2026, and December 31, 2025, the Company owed related parties for such goods and services in the amounts of $36,807 and $34,630, respectively.

 

Accounts Receivable – Related Parties

As of March 31, 2026, and December 31, 2025, the Company was owed $22,734 and $20,393, respectively, by an entity controlled by the Company’s CEO for the purchase of products and services.

 

Accrued Management Compensation

For the periods ended March 31, 2026, and December 31, 2025, the Company’s president was due amounts for services performed for the Company.

 

As of March 31, 2026, and December 31, 2025, the accrued management fees consisted of the following:

 

 

March 31, 2026

 

December 31, 2025

Amounts due to the Company’s CEO

 

$

636,311

 

 

$

636,888

Total

 

$

636,311

 

 

$

636,888