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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2024
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

Note 8 – RELATED PARTY TRANSACTIONS

 

On December 29, 2022, the Company entered a promissory Note with a related party, Zeroblast Services Ltd. (Seller). The Promissory Note is entered into as an exchange for all business assets of the Seller at $100,000. The sum of $100,000 is due on or before December 29, 2024. This note bears interest at 7% per annum. As of June 30, 2024, and December 31, 2023, interest payable totaled $14,019  and $7,058, respectively.

 

During the year 2022, president & CEO Chris Brown advanced to the Company $221 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended March 31, 2023, president & CEO Chris Brown advanced to the Company $4,937 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended March 31, 2023, the company, repaid $829 towards the loan of president & CEO Chris Brown.

 

During the three months ended March 31, 2023, director Lucille Zdunich, advanced to the Company $700 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

On June 07, 2023, the Company issued 5,000,000 preferred stock class B at par value of $0.0001, to the director, Lucille Zdunich as fully paid and non-assessable for service provided.

During the three months ended June 30, 2023, president & CEO Chris Brown advanced to the Company $972 towards working capital. The Company repaid $2,381 towards the loan of president & CEO Chris Brown.

 

During the three months ended September 30, 2023, the company, repaid $303 towards the loan of president & CEO Chris Brown.

 

During the three months ended September 30, 2023, director Lucille Zdunich, advanced to the Company $333 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended December 31, 2023, director Lucille Zdunich, advanced to the Company $853 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended June 30, 2024, director Lucille Zdunich, advanced to the Company $11,000 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended September 30, 2024, director Lucille Zdunich, advanced to the Company $5,779 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

 

During the three months ended December 31, 2024, director Lucille Zdunich, advanced to the Company $3,361 towards working capital. These advances are unsecured, non-interest bearing and due on demand

 

As of December 31, 2024, and December 31, 2023, due to related parties is $24,643  and $4,503 respectively.