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NOTE 9 - RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
NOTE 9 - RELATED PARTY TRANSACTIONS

NOTE 9 - RELATED PARTY TRANSACTIONS

 

Due from related party

 

As of June 30, 2024 and December 31, 2023, the Company had amounts due from related parties of $661,087 and $340,515, respectively. The loans are unsecured, non-interest bearing and due on demand.

  

Due to related parties

 

As of June 30, 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 six months ended June 30, 2024 and 2023, the Company recorded management salaries of $423,000 and $270,000, respectively, and stock-based compensation bonuses of $77,665 and $18,130, respectively.

 

As of June 30, 2024 and December 31, 2023, the Company recorded and accrued management salaries of $205,627 and $100,128, respectively.