NOTE 6 - DUE TO RELATED PARTY |
12 Months Ended |
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Dec. 31, 2020 | |
Notes | |
NOTE 6 - DUE TO RELATED PARTY |
NOTE 6 DUE TO RELATED PARTY
As of January 1, 2019, the Company owed HEP Investments, LLC (HEP), a related party, a total of $432,429. During the year ended December 31, 2019 the company borrowed an additional $110,500 in working capital. The total of $542,929 was repaid with cash of $78,000 and $464,929 by issuing 4,649,291 shares of common stock at $0.10 per share.
As of December 31, 2020 and 2019, there were no outstanding balances due to related parties related to the Companys convertible debt. |
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- Definition Represents the textual narrative disclosure of NOTE 4 - DUE TO RELATED PARTY, during the indicated time period. No definition available.
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- References No definition available.
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