RELATED PARTY TRANSACTIONS |
12 Months Ended |
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Dec. 31, 2022 | |
LOAN PAYABLE, RELATED PARTIES | |
RELATED PARTY TRANSACTIONS |
NOTE 12 - RELATED PARTY TRANSACTIONS
Loan Payable - Related Party
See “Note 6 - Loan Payable, Related Parties” for disclosure of loans payable to related parties.
Employment Agreement
See “Note 11 - Commitments and Contingencies” for disclosure of the employment agreements with the Chief Executive Officer and current and Chief Financial Officer.
Building Lease
In January 2022 the Company terminated its agreement for the rental of its office space from M&M Keego Center LLC, an entity controlled by an immediate family member of a principal shareholder.
Stock Issuances
On June 2, 2021, the Company completed its public offering of units consisting of common stock and warrants. Two of the Company’s directors participated in the offering; Chris Maggiore purchased 100,000 units, and Alison Cornell purchased 15,000 units. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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