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Related Party Transactions Disclosure
12 Months Ended
Dec. 31, 2019
Notes  
Related Party Transactions Disclosure

 

NOTE 4 -RELATED PARTY TRANSACTIONS

During quarter 1, 2 and in to quarter 3, the Company did not have banking credit cards to assist with the normal everyday purchases and payments of corporate needs such as utilities etc. The CEO and other involved parties often used their own cards for this purpose and, to represent this, the company had a continuous Related Party Advances section in its financial statements. This was adjusted typically at the end of each reporting period. The Company since mid-quarter 3 has started using a corporate business card for Company related purchases.

As of December 31, 2019, and December 31, 2018, the balance owed to John Sprovieri was $6,766 and $1,079 respectively.