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NOTE 11 - RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
NOTE 11 - RELATED PARTY TRANSACTIONS

NOTE 11 - RELATED PARTY TRANSACTIONS

 

Due from related parties

 

As of September 30, 2023 and December 31, 2022, the Company had amounts due from related parties of $427,194 and $326,324, respectively. The loans are unsecured, non-interest bearing and due on demand.

 

Due to related parties

 

As of September 30, 2023 and December 31, 2022, the Company had amounts due to related parties of $26,613. The amounts are unsecured, non-interest bearing and due on demand.

  

Employment agreements

 

During the nine months ended September 30, 2023 and 2022, the Company recorded management salaries of $402,000 and $405,000 and stock-based compensation bonuses of $30,945 and $92,130, respectively.

 

As of September 30, 2023 and December 31, 2022, the Company recorded and accrued management salaries of $65,627 and $79,628, respectively.