SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2024

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 9 – SUBSEQUENT EVENTS

The Agreement with SILQ has expired and has not been extended as of the date of this report.

During the first quarter of 2025 the Company issued four convertible promissory notes in the aggregate original principal amount of $130,000 to four unaffiliated lenders. The Notes are due one year from the date of receipt of the principal sums and carry an interest rate of 10% per annum. The Notes are due and payable in full unless converted partially or in entirety upon the election of the lenders into fully paid and non-assessable shares of common stock of the Company at a conversion rate of $0.25 per share.

During the second quarter of 2025 the Company issued two promissory notes in the aggregate principal amount of $12,000 to two unaffiliated lenders. The Notes are due two years from the date of receipt of the principal sums and carry an interest rate of 10% per annum.

On April 25, 2025 the Company issued 265,000 shares of the Corporation’s common stock as consideration for advice and assistance rendered to the Company since May 2014 in evaluating various business opportunities in the medical device business segment.