Quarterly report pursuant to Section 13 or 15(d)

LOAN PAYABLE RELATED PARTIES

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LOAN PAYABLE RELATED PARTIES
6 Months Ended
Jun. 30, 2021
LOAN PAYABLE RELATED PARTIES  
NOTE 5 - LOAN PAYABLE, RELATED PARTIES

NOTE 5 – LOAN PAYABLE, RELATED PARTIES

 

HEP Investments, LLC

 

During the six months ended June 30, 2021, the Company and HEP Investments, LLC (“HEP”, or “HEP Investments”) agreed to exchange the $9,000 in related party debt into an equal investment of $9,000 in the Participation Agreements (see Note 8 – Deferred Revenue and Participation Agreements). This agreement eliminated any remaining third-party debt with HEP Investments. As of June 30, 2021, there were no Loans Payable to related parties.