Related Party Transactions

9 Months Ended

Sep. 30, 2025

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 5 – Related Party Transactions

During the nine months ended September 30, 2024, a director of the Company paid one invoice of the Company in the amount of $700. This amount will not be reimbursed to the director and is included in additional paid in capital at September 30, 2024.

The Company has a consulting agreement with a majority shareholder/board of director. The agreement is for $1,000 monthly. Consulting expense for each of the three months ended September 30, 2025 and 2024 was $3,000.  Consulting expense for the nine months ended September 30, 2025 and 2024 was $10,000 and $9,000, respectively.

The Company entered into a compensation agreement beginning January 1, 2023 and ending on December 30, 2028 in the amount of $95,000 annually, payable in common stock with its Board Chairman. This contract was terminated in October 2023 and a new contract has yet to be agreed upon. An additional contract was approved for the Company’s Chief Financial Officer and Secretary for a three (3) year term effective January 1, 2023, in the amount of $75,000 annually to be paid in shares. Loot8 has an agreement to pay their officer $12,500 a month which includes $2,500 of deferred compensation. $50,000 and $27,500 of deferred compensation is included in accrued board of director/officer compensation at September 30, 2025 and December 31, 2024, respectively. Board of director/officer compensation for the three and nine months ended September 30, 2025 and 2024 was $37,500 (2024: $37,500) and $187,500 (2024: $175,000), respectively.

The Company utilizes the services of Yes International Inc., which is controlled by Mr. Richard Kaiser who is a member of the Board of Directors. Yes International provides all services at no cost except for press release wire services and filing fees. For each of the three and nine months ended September 30, 2025 and 2024 the Company paid press release wire services and filing fees a total in the amount of $2,275 (2024: $1,915) and $5,900 (2024: $4,570) respectively.  The Company also currently operates out of Yes International Inc., offices at no cost.