NOTE 5. ACCOUNT PAYABLE - RELATED PARTY

9 Months Ended

Sep. 30, 2021

Related Party Transactions [Abstract]

NOTE 5. ACCOUNT PAYABLE - RELATED PARTY

NOTE 5. ACCOUNT PAYABLE - RELATED PARTY

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.  

Since 2019, Joseph Passalaqua (a related party) loaned the Company for paying off professional, legal and other administrative expenses. Amount outstanding as of September 30, 2021, and December 31,2020 are $13,598 and $15,733 respectively. These amounts are non-interest bearing, due upon demand and unsecured.