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BUSINESS DISPOSITION
9 Months Ended
Dec. 31, 2022
Business Disposition  
BUSINESS DISPOSITION

NOTE 8 – BUSINESS DISPOSITION

 

One More Gym Merrillville, LLC

 

On July 27, 2022, the Company disposed of One More Gym Merrillville, LLC in a sale of the assets. The Company received relief of $15,000 in payables exchange for the net assets totaling $36,299. The Company had previously recorded an impairment loss on assets of $21,299.

 

One More Gym Valparaiso, LLC

 

On July 27, 2022, the Company disposed of One More Gym Valparaiso, LLC in a sale of the assets. The Company received relief of $25,000 in payables in exchange for the net assets totaling $71,452. The Company had previously recorded an impairment loss on assets of $46,452.