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Related Party Transactions
3 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4 – Related Party Transactions

 

During the three months ended December 31, 2024 the Company incurred compensation expense of 30,000 for services provided by its sole officer. As of December 31, 2024, no amounts were owed to the sole officer for services provided.

 

During the three months ended December 31, 2024 the Company accrued fees of $5,000 for services provided by its directors. As of December 31, 2024, the Company has accrued a total of $12,500 in fees for services provided by its directors.

 

As of December 31, 2024, the Company has accrued a total of $5,923 in reimbursable expenses owed to the officer and directors.

 

During the three months ended December 31, 2024, the Company entered into an agreement with the sole officer to purchase 100 shares of Series C Preferred for $100 cash. See Note 9 for further details.