Related Party Transactions

6 Months Ended

Jun. 30, 2019

Related Party Transactions

Note 4 - Related Party Transactions

No salaries were paid to directors or executives during the periods ended June 30, 2019 or 2018.

During the six months ended June 30, 2019, the Company had payments of $1,947 to related parties and had proceeds on outstanding payables from other related parties of $138,354. The related party payables and receivables to and from the Company are unsecured and due on demand. There was $115,777 and $17,713 due to related parties as of June 30, 2019 and December 31, 2018, respectively. During the six months ended June 30, 2019, the Company also made payments for services rendered by related parties totaling $25,000, resulting in balances owed for such services of $15,000 and $40,000 at June 30, 2019 and December 31, 2018.

See Note 6 for Related Party Notes Payable.