ADVANCE FROM SHAREHOLDER |
3 Months Ended |
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Mar. 31, 2024 | |
Advance From Shareholder | |
ADVANCE FROM SHAREHOLDER |
NOTE 6 – ADVANCE FROM SHAREHOLDER
The Company borrows funds from the Company’s CEO for working capital purposes from time to time. The Company has recorded the principal balance due of $85,000 and $80,000 under Advance from Shareholder in the accompanying Balance Sheets at March 31, 2024 and December 31, 2023, respectively. The Company received advances of $25,000 and $19,500 and had repayments of $20,000 and $19,500 for the three months ended March 31, 2024 and 2023. The advance from our CEO was not made pursuant to any loan agreements or promissory notes, are non-interest bearing and due on demand.
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- Definition Advance from Shareholder [Text Block] No definition available.
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- References No definition available.
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