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NOTES PAYABLE TO RELATED AND UNRELATED PARTIES
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
NOTES PAYABLE TO RELATED AND UNRELATED PARTIES

NOTE 3 – NOTES PAYABLE TO RELATED AND UNRELATED PARTIES

 

Working Capital Loan with Directors and Unrelated Party

 

On October 31, 2024, the Company executed an unsecured promissory note with a then unrelated party, Coppermine Ventures, LLC (“Coppermine”), to provide $125,914 in working capital funding for daily operations. Principal accrues simple interest at a rate of 7 percent per annum, maturing July 31, 2025. On November 26, 2024, Coppermine provided an additional $53,018 in working capital funding for daily operations. On February 3, 2025, Coppermine provided an additional $111,363 in working capital for daily operations. On July 8, 2025 Coppermine provided an additional $123,694 in working capital for daily operations.

 

As of September 30, 2025 and December 31, 2024, the Company had a total of $485,163 and $178,932, respectively of outstanding principal, on the above referenced funding agreements, and accrued interest of $20,592 and $1,829, respectively. The outstanding principal balances and accrued interest has been presented on the condensed and consolidated balance sheet as follows:

               
      Notes Payable
      September 30, 2025       December 31, 2024  
Current portion of notes payable and accrued interest, related parties   $ 505,755     $ 180,760  
Total notes payable principal and accrued interest     505,755       180,760  
Less accrued interest     (20,592 )     (1,829 )
Total notes payable   $ 485,163     $ 178,931