Quarterly report pursuant to Section 13 or 15(d)

Subsequent Transactions

v3.20.2
Subsequent Transactions
9 Months Ended
Sep. 30, 2020
Subsequent Events [Abstract]  
Subsequent Transactions

Note 8 – Subsequent Transactions

 

On October 13, 2020, The Farkas Group, a related party, loaned the Company $6,500, unsecured, for one year and one day at an interest rate of 8%.

 

On October 23, 2020, The Farkas Group, a related party, loaned the Company $7,500, unsecured, for one year and one day at an interest rate of 8%.

 

On October 30, 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%.

 

The coronavirus pandemic 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.