Quarterly report pursuant to Section 13 or 15(d)

LOAN PAYABLE RELATED PARTIES

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LOAN PAYABLE RELATED PARTIES
9 Months Ended
Sep. 30, 2021
LOAN PAYABLE RELATED PARTIES  
NOTE 6 - LOAN PAYABLE, RELATED PARTIES

NOTE 6 – LOAN PAYABLE, RELATED PARTIES

 

HEP Investments, LLC

 

During the nine months ended September 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 9 – Deferred R&D Obligations - Participation Agreements). This agreement eliminated any remaining third-party debt with HEP Investments. As of September 30, 2021, there were no Loans Payable to related parties.