SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Jun. 30, 2022 | |
| SUBSEQUENT EVENTS | |
| NOTE 10 - SUBSEQUENT EVENTS | NOTE 10: SUBSEQUENT EVENTS
In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2022 up through the date of the these condensed consolidated financial statements.
On August 19, 2022, the Company entered into a Termination Agreement (the “Termination Agreement”) with Westech Security and Investigations, Inc. (“Westech”) and Josephine Brown (“Brown”), the sole shareholder and owner of Westech, to terminate the Share Purchase Agreement, dated December 21, 2020 (the “Share Purchase Agreement Agreement”), by and among the Company, Westech and Brown. Pursuant to the Termination Agreement, the Company, Westech and Brown have terminated the Share Purchase Agreement on August 19, 2022 and released each other from certain claims related to or arising out of the Share Purchase Agreement. |