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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

 

We maintain our corporate offices at 5550 Nicollet Avenue, Minneapolis, MN 55419. We lease the premises on a month-to-month basis from 5550 Nicollet, LLC, a company owned by Mr. Chong. Rent for each of the first quarters of 2023 and 2022 was $2,325. As of March 31, 2023, there was an outstanding balance for rent due to 5550 Nicollet LLC of $1,550.

 

During the first quarter of 2023 the Company borrowed $450,000 from Xten Capital Group, a common control entity. The loan is due upon demand and is non-interest bearing.

 

During the first quarter of 2023 the Company paid $381 to Plexus International, a common control entity for accounting services.