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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

Founder Shares

On October 25, 2019, the Company issued a total of 3,000,000 shares of restricted common stock to our President, Treasurer, Secretary and Director in consideration of $3,000.

 

Loan Agreement – Related Party

The Company’s director has loaned to the Company $165,522 and $99,416 as of March 31, 2025 and December 31, 2024, respectively.

 

These loans originated with the Company's former sole director and founder through verbal agreements in October 2019 ($50,000) and October 2020 ($50,000), and a subsequent written loan agreement in March 2022 ($60,000) with an initial one-year term, later extended to five years.

 

On November 2, 2022, these loan obligations were transferred to Arturas Saladzius, the Company's current director, via an amendment to the loan agreements. Subsequently, on March 3, 2025, the principal amount of the loan was further increased to $250,000 through another amendment.

 

 

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GO GO BUYERS

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

March 31, 2025