v3.21.2
DUE TO STOCKHOLDERS
 6 Months Ended
Jun. 30, 2021
Related Party Transactions [Abstract]  
DUE TO STOCKHOLDERS

NOTE 8 - DUE TO STOCKHOLDERS

 

Due to stockholders at June 30, 2021 and December 31, 2020 consists of the following:

 

   June 30,   December 31, 
   2021   2020 
Daniel Monteverde   -    - 
Angelo Ponzetta   12,013    11,217 
Christopher Burden   172,536    172,536 
Maurice Ojeda   200,000    200,000 
           
   $384,649   $383,753 

 

During the three months ended June 30, 2021 and 2020, in connection with the Bluwire acquisition, the Company assumed liabilities to Bluwire’s members, Christopher Burden and Maurice Ojeda, totaling $372,536. The amounts do not incur interest and are due on demand.

 

As of June 30, 2021 and December 31, 2020, accounts payable and accrued liabilities included salaries of $139,300 and $139,300, respectively, and accrued board of director fees of $210,000 and $150,000, respectively.