RELATED PARTYS ITEMS |
9 Months Ended | 12 Months Ended | |
|---|---|---|---|
Sep. 30, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| RELATED PARTYS ITEMS | |||
| RELATED PARTY TRANSACTIONS | NOTE 4 – RELATED PARTYS ITEMS
Notes Payable Related Parties
During the nine months ended September 30, 2025, and 2024, the Company obtained $7,250 and $31,940 loan from our related parties, repaid $120,509 and $98,047 to our related parties and recognized interest of $19,489 and $20,326, respectively.
As of September 30, 2025, and December 31,2024, the Company had notes payable related parties of $723,491 and $836,749 and accrued interest of $137,904 and $118,416, respectively. The notes are unsecured, 3% interest bearing and due on demand.
Due to related parties
As of September 30,2025, and December 31,2024, the Company had due to related party of $3,275. |
NOTE 4 – RELATED PARTY TRANSACTIONS
Loans from Related Parties
During the years ended December 31, 2024 and 2023, the Company borrowed $ 37,871 and $157,828 from our related parties and repaid $135,976 and $148,552 to our related parties, respectively. During the year ended December 31, 2024 and 2023, the Company recorded interest expense of $27,010 and $28,750, respectively. As of December 31, 2024, and 2023, the Company had notes payable related parties of $836,749 and $934,854 and accrued interest of $118,416 and $91,406, respectively. The notes are unsecured, 3% interest bearing and due on demand.
Due to related party
As of December 31,2024, and December 31,2023, the Company had due to related party of $3,275.
Stock based compensation.
During the year ended December 31,2023, the Company issued 25,000 shares for compensation -management of $37,500.
Management Compensation
During the years ended December 31,2024 and 2023, the Company accrued $120,000 and $120,000 and paid $5,000 and $0 management fees, respectively. |
NOTE 4 – RELATED PARTY TRANSACTIONS
Loans from Related Parties
During the year ended December 31, 2023, the Company borrowed $157,828 from our related parties and repaid $148,552 to our related parties. During the year ended December 31, 2023, the Company recorded interest expense of $28,750. As of December 31, 2023, and 2022, the Company had notes payable related parties of $934,854 and $925,578 and accrued interest of $91,406 and $62,657, respectively. The notes are unsecured, 3% interest bearing and due on demand.
Due to related party
As of December 31,2023, and December 31,2022, the Company had due to related party of $3,275.
Stock based compensation.
During the year ended December 31,2023, the Company issued 25,000 shares for compensation -management for the amount of $37,500.
Management Compensation
During the year ended December 31, 2022, the Company accrued $33,000 and paid $9,000 management fees and issued 160,000 shares of common stock to the Company’s Chief Executive Officer. The Company valued 160,000 shares of common stock at $1.50 per share based on subscription agreements signed with investors in cash during October and November 2022 for the amount of $240,000.
During the year ended December 31,2023, the Company accrued $120,000 and paid $0 management fees. |