NOTES PAYABLE |
12 Months Ended |
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Dec. 31, 2020 | |
NOTES PAYABLE | |
Note 9 - NOTES PAYABLE |
As of December 31, 2020 and 2019, the Company had an advance from a third party. The advance bears no interest and is due on demand. The balance outstanding as of December 31, 2020 and 2019 was $21,480.
The Company had notes payable outstanding during 2019 that were paid off prior to December 31, 2019.
During the year ended December 31, 2020 and 2019, the Company amortized $0 and $127,419, respectively, of the debt discount to current period interest expense.
The interest expense during the year ended December 31, 2020 and 2019 were $0 and $8,110, respectively. |
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- References No definition available.
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- Definition The entire disclosure for other liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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