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DUE FROM RELATED PARTIES
3 Months Ended
Jun. 30, 2024
Due From Related Parties  
DUE FROM RELATED PARTIES

NOTE 5 – DUE FROM RELATED PARTIES

 

As a result of the contingency recognized for the Settlement Agreement described in the Contingencies section of Note 2, we have recorded a receivable of $4,800,000 to recognize the value of shares to be returned to the Company upon the release of the Settlement Payment. As described in Note 2, Mr. Urvan is a director and shareholder of the Company. Please refer to Note 2 for additional information.