Subsequent Transactions |
6 Months Ended |
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Jun. 30, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Transactions |
Note 8 – Subsequent Transactions
During July, 2020, The Farkas Group, a related party, loaned the Company $10,000, unsecured, for one year and one day at an interest rate of 8%.
On August 5, 2020, The Farkas Group, a related party, loaned the Company $15,500, unsecured, for one year and one day at an interest rate of 8%.
The COVID-19 may adversely impact our operations and demand for our products and services and our ability to find new clients. This is due in part to restrictions such as: social distancing requirements; stay at home orders and the shutdown of non-essential businesses and the impact these restrictions have on small businesses and their ability to generate revenues which effects their ability to afford our services. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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