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LOAN RECEIVABLE
6 Months Ended
Jun. 30, 2024
Credit Loss [Abstract]  
LOAN RECEIVABLE

NOTE 5 – LOAN RECEIVABLE

 

On September 7, 2022, the Company entered into a convertible loan agreement (the “Loan”) with an entity and issued a loan on September 12, 2022 in the amount of EUR 600,000 bearing interest at 7% per annum with a maturity date of March 31, 2023.  The loan and interest were repaid in February and March 2023. The Company recorded $0 and $11,125 of interest income for the three and six months ended June 30, 2023 and used the average exchange rate for the conversion of the EUR denominated interest income for the period.