Quarterly report pursuant to Section 13 or 15(d)

Subsequent Transactions

v3.20.2
Subsequent Transactions
6 Months Ended
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.