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

NOTE 9 - RELATED PARTY TRANSACTIONS

 

Due from related party

 

As of September 30, 2024 and December 31, 2023, the Company had amounts due from related parties of $635,715 and $340,515, respectively. The loans are unsecured, non-interest bearing and due on demand.

  

Due to related parties

 

As of September 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 nine months ended September 30, 2024 and 2023, the Company recorded management salaries of $634,500 and $402,000, respectively, and stock-based compensation bonuses of $109,485 and $30,945, respectively.

 

As of September 30, 2024 and December 31, 2023, the Company recorded and accrued management salaries of $316,448 and $100,128, respectively.