RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2023 | |
| LOAN PAYABLE, RELATED PARTIES | |
| RELATED PARTY TRANSACTIONS |
NOTE 11 - RELATED PARTY TRANSACTIONS
Loan Payable - Related Party
See “Note 5 - Loan Payable, Related Parties” for disclosure of loans payable to related parties.
Employment Agreement
The company presently has in place employment agreements with the Chief Executive Officer and the 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
During the month of December 2023, the Company issued 437,692 shares of common stock for proceeds of $485,000 to two related parties. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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
|