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DUE TO/FROM OFFICER	9 Months Ended
Sep. 30, 2022
Due Tofrom Officer
DUE TO/FROM OFFICER	5. DUE TO/FROM OFFICER At September 30, 2022, the net balance due to Rik Deitsch, and the companies majority owned and controlled by him (collectively referred to as “Due to Officer”) in the aggregate is $61,439, which net balance is unsecured and accruing interest at 4%. During the nine months ended September 30, 2022, in the aggregate, we repaid $204,000 and were advanced $62,201 on this balance. Additionally, accrued interest on the outstanding balance was $3,512 and is included in the due to officer account. The Company had previously fully reserved receivables from companies owned by the Company’s CEO. For the nine months ended September 30, 2021, we recorded a bad debt expense of $38,000. For the three months ended September 30, 2022 and 2021, we recorded a bad debt recovery of $21,799 and $35,000, respectively. At December 31, 2021, the net balance due to Rik Deitsch, and the companies majority owned and controlled by him is $199,726, which net balance is unsecured and accruing interest at 4%. During the year ended December 31, 2021, we repaid $182,741 and were advanced $105,780 on this balance. Additionally, accrued interest on the outstanding balance was $7,520 and is included in the due to officer account.

DUE TO/FROM OFFICER

9 Months Ended

Sep. 30, 2022

5. DUE TO/FROM OFFICER

At September 30, 2022, the net balance due to Rik Deitsch, and the companies majority owned and controlled by him (collectively referred to as “Due to Officer”) in the aggregate is $61,439, which net balance is unsecured and accruing interest at 4%. During the nine months ended September 30, 2022, in the aggregate, we repaid $204,000 and were advanced $62,201 on this balance. Additionally, accrued interest on the outstanding balance was $3,512 and is included in the due to officer account. The Company had previously fully reserved receivables from companies owned by the Company’s CEO. For the nine months ended September 30, 2021, we recorded a bad debt expense of $38,000. For the three months ended September 30, 2022 and 2021, we recorded a bad debt recovery of $21,799 and $35,000, respectively.

At December 31, 2021, the net balance due to Rik Deitsch, and the companies majority owned and controlled by him is $199,726, which net balance is unsecured and accruing interest at 4%. During the year ended December 31, 2021, we repaid $182,741 and were advanced $105,780 on this balance. Additionally, accrued interest on the outstanding balance was $7,520 and is included in the due to officer account.