Notes Payable to Stockholders

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Note G - Notes Payable to Stockholders

The Company borrowed $200 from the majority shareholder during year ended December 31, 2021. The advances are due upon demand and bear interest at 6.0% per annum.

 The Company has accrued interest payable to the majority stockholder aggregating $19,770 and $18,748 as of March 31, 2022 and December 31, 2021, respectively.

As of March 31, 2022 and December 31, 2021, the outstanding aggregate balances payable to stockholders were as follows:

	March 31,		December 31,
	2022		2021
Notes payable	$	83,819	$	83,819
Accrued interest payable		19,770		18,748
Total due stockholders	$	103,589	$	102,567