XML 28 R15.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
NOTE 9 - RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
NOTE 9 - RELATED PARTY TRANSACTIONS

NOTE 9 - RELATED PARTY TRANSACTIONS

 

Due from related party

 

As of March 31, 2024 and December 31, 2023, the Company had amounts due from related parties of $391,745 and $340,515, respectively. The loans are unsecured, non-interest bearing and due on demand.

  

Due to related parties

 

As of March 31, 2024 and December 31, 2023, 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 three months ended March 31, 2024 and 2023, the Company recorded management salaries of $211,500 and $144,000, respectively, and stock-based compensation bonuses of $31,065 and $11,230, respectively.

 

As of March 31, 2024 and December 31, 2023, the Company recorded and accrued management salaries of $137,127 and $100,128, respectively.