RELATED PARTY TRANSACTIONS |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | 10. RELATED PARTY TRANSACTIONS
Employee agreements
In May 2024, the Company entered into an employment agreement as our chief executive officer. The Company agrees to pay a salary of $300,000 per annum. During the nine months ended September 30, 2025, the Company recorded payroll expense of $225,000 and the Company issued 40,413 shares of Series D Preferred Stock for payroll.
In May 2024, the Company entered into an employment agreement as our director with a one-year term. The Company agrees to pay a salary of $5,000 per month. During the nine months ended September 30, 2025, the Company recorded payroll expense of $45,000 and the Company issued 7,411 shares of Series D Preferred Stock for payroll.
In January 2025, the Company entered into an employment agreement as our director. The Company agrees to pay a salary of $5,000 per month. During the nine months ended September 30, 2025, the Company recorded payroll expenses of $40,000 for a director and the Company issued 6,462 shares of Series D Preferred Stock for payroll. |