v3.25.4
NOTES PAYABLE TO RELATED PARTIES
3 Months Ended
Dec. 31, 2025
Related Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
NOTES PAYABLE TO RELATED PARTIES

9. NOTES PAYABLE TO RELATED PARTIES

 

Notes payable to related parties consisted of the following:

 

  

December 31, 2025

  

September 30, 2025

 
         
David Koos  $73,303   $73,303 
BST Partners   0    58,836 
Zander Therapeutics, Inc.   59,200    50,200 
           
Total notes payable to related parties   132,503    191,339 
           
Less – current portion   (132,503)   (191,339)
           
Total Long Term notes payable  $-   $- 

 

The terms of notes payable are as follows:

 

  ● David Koos
     
    $73,303 lent to the Company by David Koos is due and payable at the demand of the holder and bears simple interest at a rate of 15% per annum.
     
  ● Zander Therapeutics, Inc.
     
    $15,000 lent to the Company by Zander Therapeutics, Inc. is due and payable on May 3. 2025 and bears simple interest at a rate of 10% per annum.
     
    $25,000 lent to the Company by Zander Therapeutics, Inc. is due and payable on June 5. 2025 and bears simple interest at a rate of 10% per annum.
     
    $10,000 lent to the Company by Zander Therapeutics, Inc. is due and payable on October 4, 2025 and bears simple interest at a rate of 10% per annum.
     
    $4,700 lent to the Company by Zander Therapeutics, Inc. is due and payable on October 15 2025 and bears simple interest at a rate of 10% per annum.
     
    $4,500 lent to the Company by Zander Therapeutics, Inc. is due and payable on October 23 2025 and bears simple interest at a rate of 10% per annum.
     
    Zander Therapeutics, Inc, and the Company are under common control.