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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 -  SUBSEQUENT EVENTS

 

Working Capital Loan with Directors

 

Subsequent to September 30, 2023, and through the date of this filing, the Company has received an additional $49,000 in working capital note payable proceeds from Chief Executive Officer and Director Stewart Wallach. The total principal outstanding under this note payable is $592,500 as of the date of this filing. Principal accrues simple interest at a rate of 5 percent per annum, maturing January 15, 2024, with the ability for the Company to request a 90-day extension. The loan may be prepaid in full or partially without any penalty.