NOTE 5- Convertible Promissory Note and Short Term Loans |
NOTE 5- Convertible Promissory Note and Short Term
Loans
The Company has signed the following convertible promissory
note agreements with creditor, Shoou Chyn Kan total $287,000.00 as of December 31, 2021.
October 1, 2017 |
USD$65,000
loan convertible to common stock of the Company at 0.001 par value. |
December
1, 2018 |
USD$20,000
loan convertible to common stock of the Company at 0.001 par value. |
January
29, 2019 |
USD$15,000
loan convertible to common stock of the Company at 0.001 par value. |
June
1, 2019 |
USD$50,000
loan convertible to common stock of the Company at 0.001 par value. |
July
1, 2019 |
USD$20,000
loan convertible to common stock of the Company at 0.001 par value. |
December
1, 2019 |
USD$20,000
loan convertible to common stock of the Company at 0.001 par value. |
January
22, 2020 |
USD$35,000
loan convertible to common stock of the Company at 0.001 par value. |
June
1, 2020 |
USD$12,000 loan
convertible to common stock of the Company at 0.001 par value. |
August
25, 2020 |
USD$25,000
loan convertible to common stock of the Company at 0.001 par value. |
December
28, 2020 |
USD$25,000
loan convertible to common stock of the Company at 0.001 par value. |
The Company has signed the following unsecured short
term loan agreements with creditor, Shoou Chyn Kan total $172,734.00 as of December 31, 2021.
Balance 12/31/2020 |
$2,734.00 |
March
29, 2021 |
$10,000.00 |
August
23, 2021 |
$80,000.00 |
December
16, 2021 |
$60,000.00 |
December
21, 2021 |
$20,000.00 |
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