RELATED PARTY TRANSACTIONS |
3 Months Ended |
|---|---|
Mar. 31, 2023 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | NOTE 4 - RELATED PARTY TRANSACTIONS
Though the company has established banking credit cards to assist with the normal everyday purchases and payments of corporate needs such as utilities etc., The CEO and other involved parties occasionally use their own personal cards or funds for this purpose and, to represent this, the company has a continuous Related Party Advances section in its financial statements. This is adjusted typically at the end of each reporting period.
During the Quarter ending March 31, 2023 CEO John Sprovieri provided the Company $5,000 in funds he received as a personal loan to help cover operations shortages.
As of March 31, 2023, and December 31, 2022 the balance owed to John Sprovieri was $5,000 and $0 respectively. |