ADVANCE FROM SHAREHOLDER |
6 Months Ended |
---|---|
Jun. 30, 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 $70,000 and $80,000 under Advance from Shareholder in the accompanying the unaudited condensed consolidated balance sheets at June 30, 2024 and December 31, 2023, respectively. The Company received advances of $35,000 and $49,500 and had repayments of $45,000 and $19,500 for the six months ended June 30, 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.
|
X | ||||||||||
- Definition Advance from Shareholder [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|