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LOAN PAYABLE
3 Months Ended
Mar. 31, 2026
LOAN PAYABLE  
LOAN PAYABLE

NOTE 5 – LOAN PAYABLE

 

On September 15, 2024, the Company entered into a loan agreement with a non-affiliate party at $128,401 to support operating expense of the Company. The loan has a maturity date of September 15, 2026 and interest rate at 8% per annum. On December 3, 2025, the Company entered into a loan settlement agreement through the issuance of 2,140,016 common shares. As of December 31, 2025, 2,140,016 shares remained outstanding and were recorded as stock payable. As of March 31, 2026 and December 31, 2025, the loan payable was $0.

 

On November 25, 2024, Goldfinch Group Holdings Ltd. entered into a loan agreement with a non-affiliate party at $20,533 (CNY145,172) to support legal set-up cost of the Company. The loan has a maturity date of November 25, 2026 and interest rate at 10% per annum. On December 3, 2025, the Company entered into a loan settlement agreement through the issuance of 342,216 common shares. As of December 31, 2025, 342,216 shares remained outstanding and were recorded as stock payable. As of March 31, 2026 and December 31, 2025, the loan payable was $0.  

On March 31, 2026, the Company entered into a loan agreement with a non-affiliate party at $40,692 to support operating expense of the Company during the three months ended March 31, 2026. The loan has a maturity date of March 31, 2028 and interest rate at 8% per annum. As of March 31, 2026, the loan payable was $40,692.

 

Interest expense for the three months ended March 31, 2026 and 2025 were $0 and $3,069.

 

As of March 31, 2026 and December 31, 2025, the loan payable was $40,692 and $0, respectively.