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RELATED PARTY TRANSACTIONS
3 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

Note 6 – RELATED PARTY TRANSACTIONS

 

During the period from November 6, 2017 (inception) through June 30, 2023, our secretary, Natalija Tunevic, has loaned to the Company $114,328. This loan is unsecured, non-interest bearing and due on demand.

 

As of June 30, 2023, our director, Vitalis Racius, has loaned to the Company $50,872. This loan is unsecured, non-interest bearing and due on demand.

 

The Company’s subsidiary Thynews Tech LLC received $124,590 as advances from related parties as of June 30, 2023. The advances are interest-free and due on demand.

 

As of June 30, 2023, our former Treasurer, COO and Director, Mikhail Bukshpan, has loaned to the Company $5,200. The advances are interest-free and due on demand.

 

As of June 30, 2023, the Company has an outstanding debt to Mikhail Bukshpan. The amount of such debt is $99,000.