Annual report pursuant to Section 13 and 15(d)

Related party transactions (Tables)

v3.23.1
Related party transactions (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Schedule of outstanding liabilities for related party transaction

The Company had outstanding liabilities for related party loans, which were due on demand, as follows at December 31, 2022 and 2021:

 Schedule of outstanding liabilities for related party transaction 

    2022     2021  
Loan from WCI officer, including interest of $350 and $1,600 at February 15, 2022 and December 31, 2021, respectively. The note was fully paid off on February 15, 2022. The note bore interest at 8% per annum and was due on demand.   $ -     $ 21,600  
                 
Loans from Mentor CEO, including interest of $17,380 and $10,644 at December 1, 2022 and December 31, 2021, respectively. The notes were fully paid off on December 1, 2022. The notes bore interest at 7.6% per annum compounded quarterly and were due within thirty days of demand.   $ -       210,644  
    $ -     $ 232,244