v3.25.3
Notes Payable-Others/Loans Payable to Related Parties
9 Months Ended
Sep. 30, 2025
Notes Payable-othersloans Payable To Related Parties  
Notes Payable-Others/Loans Payable to Related Parties

6-Notes Payable-Others/Loans Payable to Related Parties

 

Loans payable to related parties is summarized as follows:

 

   September 30,
2025
   December 31,
2024
 
         
Loan payable-Dream Homes, LTD  $15,164   $4,706 
Loans payable to GPIL   590,450    657,310 
Other related party loans   1,385    4,975 
Total  $609,999   $666,991 

 

Advances from the loans bear interest at a rate of 12%, with interest being payable on demand.

 

Notes payable - others is summarized as follows:

 

   September 30,
2025
   December 31,
2024
 
         
Note payable-Chipman Trust  $47,500   $47,500 
Note payable-Channel Partners   (2,893)   (2,893)
Total  $44,607   $44,607 

 

The above notes bear interest ranging from 12% to 15% per annum and are payable on demand. All notes are secured by real estate and/or personal and corporate obligations.