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NOTE RECEIVABLE- RELATED PARTY	3 Months Ended
Mar. 31, 2021
Notes to Financial Statements
NOTE RECEIVABLE- RELATED PARTY	NOTE 11 - NOTE RECEIVABLE- RELATED PARTY In February of 2021, the Company entered into a note receivable agreement with a related party whereby the Company loaned $500,000. The loan matures on the earlier of (i) 180 days from the issuance date or (ii) the closing of the transactions set forth in a definitive acquisition entered between the lender and the borrower. In the event the loan is paid in full on or before the maturity date, there shall be no interest accrued or payable on the outstanding principal amount. The proceeds to the borrower will be exclusively used for the payment of audit fees related to 2020 and 2019 by a PCAOB auditing firm, transaction expenses related to the transactions contemplated by the letter of intent and a schedule of obligations to be provided upon request including any deferred compensation and personally guaranteed obligations in addition to research and development general working capital needs. If an acquisition occurs, the $500,000 will be applied against the total acquisition price.

NOTE RECEIVABLE- RELATED PARTY

3 Months Ended

Mar. 31, 2021

NOTE 11 - NOTE RECEIVABLE- RELATED PARTY

In February of 2021, the Company entered into a note receivable agreement with a related party whereby the Company loaned $500,000. The loan matures on the earlier of (i) 180 days from the issuance date or (ii) the closing of the transactions set forth in a definitive acquisition entered between the lender and the borrower. In the event the loan is paid in full on or before the maturity date, there shall be no interest accrued or payable on the outstanding principal amount. The proceeds to the borrower will be exclusively used for the payment of audit fees related to 2020 and 2019 by a PCAOB auditing firm, transaction expenses related to the transactions contemplated by the letter of intent and a schedule of obligations to be provided upon request including any deferred compensation and personally guaranteed obligations in addition to research and development general working capital needs. If an acquisition occurs, the $500,000 will be applied against the total acquisition price.