NOTE 3 – NOTES PAYABLE, RELATED PARTY

During 2023, the Company’s Chief Executive Officer made three loans to the Company for aggregate principal amount of $260 pursuant to terms of the note agreements. The notes have relatively similar terms, and are unsecured. Two loans aggregating $232 accrue interest at 3.5% per annum, with $160 due in April 2025, and $72 due in August 2025. The third loan for $28 accrues interest at 1% per annum and is due in October 2024. At September 30, 2024, the aggregate balance of the loans and accrued is $265.