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NOTE RECEIVABLE AND ACCRUED INTEREST – RELATED PARTY
3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
NOTE RECEIVABLE AND ACCRUED INTEREST – RELATED PARTY

NOTE 3. NOTE RECEIVABLE AND ACCRUED INTEREST – RELATED PARTY

In connection with change of control, note receivable - Carmel Realty, Inc., a related party, was purchased by A Way Financial Inc, a Delaware business, a related party and guaranteed by Direct Mortgage Investors Inc., a related party. The company received in full the note receivable and all accrued interest subsequent to March 31, 2022, on April 12, 2022. 

 

      
   31-Mar-22  31-Mar-21

Note receivable – Directed Mortgage Investors, Inc. - related party

Unsecured, due on demand, annual interest rate of 1% due quarterly

  $652,495   $ 
           

  Note receivable - Carmel Realty, Inc – related party

   Unsecured, due on demand, annual interest rate of 10% due quarterly

       750,523 
           
Total note and account receivable – related party  $652,495   $750,523