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NOTE 8 - Subsequent Events
12 Months Ended
Sep. 30, 2025
Notes  
NOTE 8 - Subsequent Events

NOTE 8 – Subsequent Events

 

Effective October 3, 2025, we entered into amended and restated revolving promissory note agreements with our president and another principal stockholder that supersede and replace the previous revolving promissory note agreements described in Note 5.  The amended and restated note agreement with our president and principal stockholder provides for a maximum principal indebtedness of $200,600 and the amended and restated note agreement with the other principal stockholder provides for a maximum principal indebtedness of $35,400. The amended and restated note agreements both provide for a maturity date of December 31, 2026, and an interest rate of 3.5%.

 

The Company has evaluated subsequent events from the balance sheet date through the date of the financial statements were issued and determined that there are no additional events requiring disclosure.