Advances from Related Party-Officer

9 Months Ended

Sep. 30, 2020

Related Party Transactions [Abstract]

Advances from Related Party-Officer

Note 5—Advances from Related Party-Officer

As of September 30, 2020, and December 31, 2019, $590,900 and $725,425, respectively, of cash was advanced by the Company’s Chief Executive Officer. These advances are non-interest bearing with no fixed terms of repayment. During the period ended September 30, 2020, the Company repaid $134,525. Effective beginning in June, 2020, the Company is repaying the loan in equal monthly instalment of $20,000.