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COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 6 - COMMITMENTS AND CONTINGENCIES

 

Commitments

 

We occupy our sole corporate facilities at 17 State Street and Belehradska 22, Prague, Czech Republic, for approximately $4,500 per month (including common area maintenance). The lease includes annual increases in the monthly lease payments of approximately 3% each year.

 

At September 30, 2022, aggregate future minimum payments under the lease, including common area maintenance costs, are as follows:

 

      
2022  $54,000 
2023  $56,000 
2024  $59,000 
2025  $61,000 
     
Total  $230,000 

 

Legal Proceedings

 

Company currently doesn’t have any active legal proceedings.