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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS  
NOTE 5. RELATED-PARTY TRANSACTIONS

NOTE 5. RELATED PARTY TRANSACTIONS

 

On September 13, 2021, a majority shareholder of the Company entered into a debt cancellation agreement with the Company. As a result of this agreement, the amount of $122,511 due to related parties has been cancelled and recorded as gain on debt forgiveness.

 

As of September 30, 2021, amount outstanding to related parties was $nil.