XML 21 R10.htm IDEA: XBRL DOCUMENT v3.20.2
Note 4 - Related Party Transactions
9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
4
– RELATED PARTY TRANSACTIONS
 
The Company received advances from related parties totaling
$1,000
and
$0
and repaid advances from related parties totaling
$856
and
$53,375
during the
nine
months ended
September 30, 2020
and
2019,
respectively. The advances from related parties are
not
convertible, bear
no
interest and are due on demand. During the
nine
months ended
September 30, 2020
and
2019,
a related party paid
$3,959
and
$42,406
of expenses on behalf of the Company, respectively. There was
$1,000
and
$397
due to related parties as of
September 30, 2020
and
December 31, 2019,
respectively. The Chief Financial Officer allows the use of his residence as an office for the Company at
no
charge.