NOTES PAYABLE

3 Months Ended

Mar. 31, 2020

NOTES PAYABLE

NOTE 4 - NOTES PAYABLE

On October 17, 2019, The Company executed a secured note with a related party, a director of the Company, for $100,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.0257 per share with 2 million shares of IBX common stock. The amortization of debt discount for the three months ended March 31, 2020 was $4,600.

On October 17, 2019, The Company executed a secured note with an individual for $50,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.0257 per share with 1 million shares of IBX common stock. The amortization of debt discount for the three months ended March 31, 2020 was $2,400.

	As of March 31, 2020
Notes payable	$	150,000
Less: Discounts on notes payable		(65,000	)
Notes payable, net of discounts	$	85,000