NOTE 11: RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Notes | |
| NOTE 11: RELATED PARTY TRANSACTIONS | NOTE 11: RELATED PARTY TRANSACTIONS
As of December 31, 2025 and 2024, there was $666,140 and $501,140, respectively, in amounts due to related parties. The increase of $165,000 represents advances received from a related party during fiscal 2025. The advances are unsecured, non-interest bearing and due on demand.
During the year ended December 31, 2025, Ranco LLC purchased products aggregating $17,315,653 from AGP Holdings LLC, an entity wholly owned by Allen Park, the Company’s former Chief Operating Officer and Controller, on arm’s length terms. These transactions are included in discontinued operations. On October 1, 2025, the arrangement was terminated by the Company. |