NOTES PAYABLE-RELATED PARTIES

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

NOTES PAYABLE-RELATED PARTIES

NOTE 5 – NOTES PAYABLE-RELATED PARTIES

As of December 31, 2023, and December 31, 2022, the balance of notes payable to related parties was $758,157 and $561,830, respectively. These notes have been provided on an interest-free demand basis to the Company.

The Company’s financing subsequent to the change of control on June 30, 2021 primarily has come from the Winvest Group Limited (Cayman), an affiliate with the same name as the Company, and based in the Cayman Islands; and from the CEO of the Company’s IQI subsidiary. Winvest Group Limited (Cayman) is an equity holdings company in the wellness industry and shares the same board of directors as the Company. As of December 31, 2023, the balance of notes payable was comprised of $412,915 due to the Winvest Group Limited (Cayman) and $148,915 due to the founder of IQI and $3,000 due to the CEO of the Company.