RELATED PARTY ACTIVITY

3 Months Ended

Mar. 31, 2024

Related Party Transactions [Abstract]

RELATED PARTY ACTIVITY

NOTE 5 - RELATED PARTY ACTIVITY

During the three months ended March 31, 2024, the Company was provided loans totaling $47,842 by the Company’s chief executive officer. The loans bear interest at 6% per annum. There was $13,352 in accrued interest at March 31, 2024.

During the three months ended March 31, 2023, the Company was provided loans totaling $56,500 by the Company’s chief executive officer. The loans bear interest at 6% per annum. There was $16,645 in accrued interest at March 31, 2023.

As of March 31, 2024, the Company had $36,326 in accrued dividends on preferred stock, of which $19,141 was due to the Company’s chief executive officer.

The following table is a summary of the activity for Loans payable- related parties principal for the three months ended March 31, 2024 and March 31, 2023:

Balance at 12/31/2022	$	6,000
Loan advances		56,500
Balance at 03/31/23	$	62,500
Balance at 12/31/2023	$	25,681
Loan advances		47,842
Balance at 03/31/24	$	73,523