NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
NOTE 1. GENERAL ORGANIZATION AND BUSINESS
Inspired Builders, Inc. (the “Company”)
was incorporated in the State of Nevada in February 2010. Until August 15, 2017 the Company was directing it’s focus on acquiring,
investing in, developing and managing real estate properties and related investments. On August 15, 2017, Inspired Builders (the
“Company”), the majority shareholders of the Company (the “Sellers”) and JJL Capital Management, LLC (the
“Purchaser”) entered into a stock purchase agreement (the “Stock Purchase Agreement”), whereby the Purchaser
purchased from the Sellers 5,643,979 shares of common stock, par value $0.001 per share, of the Company (the “Shares”),
representing approximately 50.73% of the issued and outstanding shares of the Company, for an aggregate purchase price of $564.39
(the “Purchase Price”). On August 16, 2017, the closing of the transaction occurred (“Closing Date”). Pursuant
to the change in control transaction, we relocated to Miami, Florida and ceased all operations as a real estate company. Also,
in connection therewith, Matthew Nordgren, the Company’s sole officer and Director, resigned from his positions and named
Scott Silverman as sole director and to the positions of CEO, CFO, Chief Accounting Officer and Secretary.
The accompanying unaudited condensed financial
statements have been prepared in accordance with accounting principles generally accepted in The United States of America and the
rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include
all of the information necessary for a comprehensive presentation of financial position and results of operations. The interim
results for the period ended March 31, 2017 are not necessarily indicative of expected results for the full fiscal year. It is
management’s opinion, however that all material adjustments (consisting of normal recurring adjustments) have been made which
are necessary for a fair financial statements presentation.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES
Use of Estimates
The preparation of financial statements
in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect
the amounts reported in the financial statements and accompanying notes. Such estimates and assumptions impact, among others, the
following; estimates of the probability and potential magnitude of contingent liabilities, the valuation allowance for deferred
tax assets due to continuing operating losses, valuation of shares issued in connection with the purchase of real estate, the valuation
of the real estate and the evaluation of any impairment on the real estate.
Making estimates requires management to
exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or
set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate
could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly
from our estimates.
Cash and Cash Equivalents
Cash and cash equivalents are reported
in the balance sheet at cost, which approximates fair value. For the purpose of the financial statements cash equivalents include
all highly liquid investments with an original maturity of three months or less when purchased. There were no cash equivalents
at March 31, 2017 and September 30, 2016.
Earnings (Loss) per Share
In accordance with accounting guidance
now codified as FASB ASC Topic 260, “Earnings per Share,” basic earnings (loss) per share is computed by dividing net
income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per
share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents
and potentially dilutive securities outstanding during the period. The Company has 0 and 20,833 shares issuable upon conversion
of convertible notes payable that were not included in the computation of dilutive loss per share because their inclusion is anti-dilutive
for the periods ended March 31, 2017 and September 30, 2016, respectively.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
Income Taxes
The Company accounts for income taxes in
accordance with generally accepted accounting principles which requires an asset and liability approach to financial accounting
and reporting for income taxes. Deferred income tax assets and liabilities are computed annually for differences between financial
statement and income tax bases of assets and liabilities that will result in taxable income or deductible expenses in the future
based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation
allowances are established when necessary to reduce deferred tax assets and liabilities to the amount expected to be realized.
Income tax expense is the tax payable or refundable for the period adjusted for the change during the period in deferred tax assets
and liabilities.
The Company follows the accounting requirements
associated with uncertainty in income taxes using the provisions of Financial Accounting Standards Board (FASB) ASC 740, Income
Taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than
not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification,
interest and penalties, accounting in interim periods, disclosure and transition. As of March 31, 2017, the Company has no uncertain
tax positions that qualify for either recognition or disclosure in the financial statements. All tax returns from fiscal years
2010 to 2015 are subject to IRS audit.
Fair Value of Financial Investments
The fair value of cash and cash equivalents,
accounts payable, accrued liabilities, and notes payable approximates the carrying amount of these financial instruments due to
their short-term maturity.
Use of Estimates
The preparation of financial statements
in conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results
could differ from those estimates.
Revenue and Cost Recognition
The Company has no current source of revenue;
therefore, the Company has not yet adopted any policy regarding the recognition of revenue or cost.
Recent accounting pronouncements
The Company has reviewed the Accounting
Standards Updates through ASU No. 2016-01 and these updates have no current applicability to the Company or their effect on the
financial statements would not have been significant.
NOTE 3. GOING CONCERN
As reflected in the accompanying financial
statements, the Company has a net loss of $55,252 for the six months ended March 31, 2017 and a working capital deficit of $942,581
at March 31, 2017. In addition, the Company has not had construction revenues since May 2011 and the only prospect for positive
cash flow is through the issuance of common stock or debt. If the Company does not begin to generate sufficient revenue or raise
additional funds through a financing, the Company may need to incur additional liabilities with certain related parties to sustain
the Company’s existence. There are currently no plans or agreements in place to provide such funding. The Company will require
additional funding to finance the growth of its future operations as well as to achieve its strategic objectives. This raises substantial
doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent
on the Company’s ability to raise additional capital and generate revenue. The financial statements do not include any adjustments
that might be necessary if the Company is unable to continue as a going concern.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
NOTE 4. REAL ESTATE
On June 24, 2013, the Company entered into
an agreement with a related party to purchase a parcel of undeveloped land in Duval County, Florida. The purchase price for the
Duval property was $1,350,000, payable by the Company’s delivery of a $750,000 mortgage at 3%, which was due on June 24,
2014 and has been extended to June 24, 2015. As of today the note is currently past due. The $600,000 balance of the purchase price
was paid by approving the issuance to the seller of 100,000 shares of the Company’s common stock. The $0.001 par value per
share was valued by the parties at $6.00 per share, based on the closing price of the stock on the date of the closing. The note
is secured by a lien on the real estate. In accordance with ASC 845-10-S99, transfers of nonmonetary assets for stock or other
consideration of the registrant are recorded at the predecessor cost. Accordingly, the Company recorded the value of the real estate
acquired at the historical basis of $307,504. The Company became aware that there is a real estate tax lien for unpaid taxes at
March 31, 2017 and September 30, 2016 of $23,714 and $23,714, respectively. On July 17, 2017, the Company assigned all interests
in the property to a related party in exchange for an assumption of the mortgage principal and interest of $750,000 and $90,370
respectively, and the real estate taxes payable of $23,714.
NOTE 5. EMPLOYMENT AGREEMENT
On September 1, 2013 the Company entered
into a three-year employment contract with its CEO. The CEO is to be paid $10,000 per month plus reimbursement for expenses and
bonuses as determined by the board. The CEO will be entitled to one week paid vacation and is subject to a one year non-compete
agreement at the end of the employment contract. As of June 30, 2014, the Company has paid the CEO a total of $10,000 and has accrued
$90,000 for amounts due to the CEO. On June 30, 2014 the Company's CEO converted $90,000 of accrued salary into an unsecured promissory
note. The Note accrues interest at a rate of 5% per annum and is due June 30, 2015. As of March 31, 2017 and September 30, 2016
Company recorded $0 and $270,000, respectively of accrued salary. On November 15, 2016, the CEO and the Company entered into a
Release and Settlement Agreement whereby the employment contract was terminated and $290,000 in accrued salary was forgiven. The
accrued salary was accounted for as contributed capital.
NOTE 6. MORTGAGE PAYABLE – RELATED PARTY
On June 24, 2013, the Company entered into
an agreement with a related party to purchase a parcel of undeveloped land in Duval County, Florida. The purchase price for the
Duval property was $1,350,000, payable by the Company’s delivery of a $750,000 mortgage at 3%, which was due on June 24,
2014 and has been extended to June 24, 2015. The $600,000 balance of the purchase price was paid by approving the issuance to the
seller of 100,000 shares of the Company’s common stock. The $0.001 par value per share was valued by the parties at $6.00
per share, based on the closing price of the stock on the date of the closing. As of March 31, 2017 and September 30, 2016 the
Company has accrued interest of $84,699 and $73,603, respectively, due on the mortgage. On July 17, 2017, the Company assigned
all interests in the property to a related party in exchange for an assumption of the mortgage principal and interest of $750,000
and $90,370 respectively.
NOTE 7. CONVERTIBLE NOTES PAYABLE – RELATED PARTY
On January 24, 2014, a related party loaned
the Company $10,000, which is evidenced by a secured note payable with an interest rate of 12% and a maturity of January 24, 2015.
These funds were used to pay 1 months’ salary to our Chief Executive Officer. If the loan in not repaid by January 24, 2015
it is convertible at the option of the holder into common stock at a share price of $.48 per share. Accrued interest at March 31,
2017 and September 30, 2016 amounted to $0 and $3,222, respectively. Subsequently, the related party agreed to extend the promissory
note maturity date to January 24, 2017. On November 15, 2016, the Company and the related party entered into a Release and Settlement
Agreement whereby $10,000 in principal and $3,373 in accrued interest was forgiven. The transaction was accounted for as contributed
capital.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
NOTE 8. NOTES PAYABLE – RELATED PARTIES
On January 13, 2012 the Company entered
into a 12-month unsecured promissory note in the amount of $211,000. Interest accrues in arrears on the outstanding principal at
the rate of ten percent (10.00%) per annum. Interest shall be payable on the last day of each quarter, commencing March 30, 2012,
and continuing until the maturity date. Should the maker fail to pay the entire principal and accrued interest by the maturity
date, the maker agrees that the interest rate shall increase to twelve percent (12.00%) per annum. On May 10, 2013, the Company
and the related party agreed to extend the maturity of the loan for an additional year or until January 13, 2014. The loan maturity
dates were further extended to January 13, 2016. On May 22, 2012, the Company borrowed an additional $32,714 from the related party,
with the same terms, the loan maturity dates were extended to January 13, 2016. On September 17, 2012, the Company borrowed an
additional $22,032 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On February
7, 2013, the Company borrowed an additional $28,773 from the related party, with the same terms, and on July 31, 2013, the Company
borrowed an additional $30,000 from the related party, with the same terms. The loans maturity dates were further extended to February
7, 2016 and July 31, 2016, respectively. On December 20, 2013, the Company borrowed $2,500, on January 7, 2014, the Company borrowed
$5,000, on February 6, 2014, the Company borrowed $5,520, the loans maturity dates were further extended to December 20, 2015 and
January 7, 2016. On February 17, 2014, the Company borrowed $4,400 and on June 26, 2014, the Company borrowed $3,080, the loans
maturity dates were further extended to February 6, 2016 and February 17, 2016, respectively. The total outstanding principal at
March 31, 2017 and September 30, 2016 amounted to $2,500 and $345,019, respectively. Accrued interest at March 31, 2017 and September
30, 2016, amounted to $410 and $145,401, respectively. On November 15, 2016, the Company and the related party entered into a Release
and Settlement Agreement whereby $342,519 in principal and $149,256 in accrued interest was forgiven. The transaction was accounted
for as contributed capital.
On November 13, 2013, a related party entered
into an unsecured note payable for $25,000 with an interest rate of 5% due November 13, 2014, the maturity date on the loan was
further extended to November 11, 2015. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $3,603. On
November 15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $25,000 in principal
and $3,760 in accrued interest was forgiven. The transaction was accounted for as contributed capital.
On January 13, 2014 and January 20, 2014,
a related party entered into two unsecured note payables for a total of $25,632 with an interest rate of 5% due January 20, 2015,
the loans maturity dates were further extended to January 13, 2016 and January 20, 2016, respectively. Accrued interest at March
31, 2017 and September 30, 2016 amounted to $0 and $6,461. On November 15, 2016, the Company and the related party entered into
a Release and Settlement Agreement whereby $25,632 in principal and $6,763 in accrued interest was forgiven. The transaction was
accounted for as contributed capital.
On June 19, 2014 the Company’s CEO
entered into an unsecured note payable of $30,000 with an interest rate of 10% due on June 19, 2015, the loans maturity was further
ended to June 16, 2016. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $6,855 respectively. On November
15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $30,000 in principal and $7,233
in accrued interest was forgiven. The transaction was accounted for as contributed capital.
On October 14, 2014 the Company’s
CEO loaned the Company $3,482, which is evidenced by an unsecured note payable with an interest rate of 5% and a maturity of October
13, 2015. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $342. On November 15, 2016, the Company
and the related party entered into a Release and Settlement Agreement whereby $3,482 in principal and $364 in accrued interest
was forgiven. The transaction was accounted for as contributed capital.
On October 14, 2014 a related party loaned
the Company $3,320, which is evidenced by an unsecured note payable with an interest rate of 5% and a maturity of October 13, 2015.
Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $326. On November 15, 2016, the Company and the related
party entered into a Release and Settlement Agreement whereby $3,320 in principal and $347 in accrued interest was forgiven. The
transaction was accounted for as contributed capital.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
On June 30, 2014 the Company's CEO converted
$90,000 of accrued salary into an unsecured promissory note. The Note accrues interest at a rate of 5% per annum and is due June
30, 2015. Accrued interest at March 31, 2017 and September 30, 2016 was $0 and $10,147, respectively. On November 15, 2016, the
CEO and the Company entered into a Release and Settlement Agreement whereby the Note, comprising of $90,000 of principal and $10,714
of interest was forgiven. The transaction was accounted for as contributed capital.
On February 20, 2015, a related party
entered into an unsecured note payable for $55,000 with an interest rate of 10% due February 20, 2016. Accrued interest as of
June 30, 2015 amounted to $2,214. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $8,860. On November
15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $55,000 in principal and $9,553
in accrued interest was forgiven. The transaction was accounted for as contributed capital.
9. COMMITMENTS AND CONTINGENCIES
From time to time, the Company may become involved in various
lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties,
and an adverse result in these or other matters may arise that may harm its business. The Company is currently not aware of any
such legal proceedings or claims that they believe will have, individually or in the aggregate, a material adverse effect on its
business, financial condition or operating results.
10. CONCENTRATION OF CREDIT RISK
The Company relies heavily on the support of its president and
majority shareholder. A withdrawal of this support, for any reason, will have a material adverse effect on the Company’s
financial position and its operations.
11. RELATED PARTY TRANSACTIONS
On January 13, 2012 the Company entered
into a 12-month unsecured promissory note in the amount of $211,000. Interest accrues in arrears on the outstanding principal at
the rate of ten percent (10.00%) per annum. Interest shall be payable on the last day of each quarter, commencing March 30, 2012,
and continuing until the maturity date. Should the maker fail to pay the entire principal and accrued interest by the maturity
date, the maker agrees that the interest rate shall increase to twelve percent (12.00%) per annum. On May 10, 2013, the Company
and the related party agreed to extend the maturity of the loan for an additional year or until January 13, 2014. The loan maturity
dates were further extended to January 13, 2016. On May 22, 2012, the Company borrowed an additional $32,714 from the related party,
with the same terms, the loan maturity dates were extended to January 13, 2016. On September 17, 2012, the Company borrowed an
additional $22,032 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On February
7, 2013, the Company borrowed an additional $28,773 from the related party, with the same terms, and on July 31, 2013, the Company
borrowed an additional $30,000 from the related party, with the same terms. The loans maturity dates were further extended to February
7, 2016 and July 31, 2016, respectively. On December 20, 2013, the Company borrowed $2,500, on January 7, 2014, the Company borrowed
$5,000, on February 6, 2014, the Company borrowed $5,520, the loans maturity dates were further extended to December 20, 2015 and
January 7, 2016. On February 17, 2014, the Company borrowed $4,400 and on June 26, 2014, the Company borrowed $3,080, the loans
maturity dates were further extended to February 6, 2016 and February 17, 2016, respectively. The total outstanding principal at
March 31, 2017 and September 30, 2016 amounted to $2,500 and $345,019, respectively. Accrued interest at March 31, 2017 and September
30, 2016, amounted to $410 and $145,401, respectively. On November 15, 2016, the Company and the related party entered into a Release
and Settlement Agreement whereby $342,519 in principal and $149,256 in accrued interest was forgiven. The transaction was accounted
for as contributed capital.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
On June 24, 2013, the Company entered into
an agreement with a related party to purchase a parcel of undeveloped land in Duval County, Florida. The purchase price for the
Duval property was $1,350,000, payable by the Company’s delivery of a $750,000 mortgage at 3%, which was due on June 24,
2014 and has been extended to June 24, 2015. As of today the note is currently past due. The $600,000 balance of the purchase price
was paid by approving the issuance to the seller of 100,000 shares of the Company’s common stock. The $0.001 par value per
share was valued by the parties at $6.00 per share, based on the closing price of the stock on the date of the closing. As of March
31, 2017 and September 30, 2016 the Company has accrued interest of $84,699 and $73,603, respectively, due on the mortgage. On
July 17, 2017, the Company assigned all interests in the property to a related party in exchange for an assumption of the mortgage
principal and interest of $750,000 and $90,370 respectively.
On November 13, 2013, a related party entered
into an unsecured note payable for $25,000 with an interest rate of 5% due November 13, 2014, the maturity date on the loan was
further extended to November 11, 2015. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $3,603. On
November 15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $25,000 in principal
and $3,760 in accrued interest was forgiven. The transaction was accounted for as contributed capital.
On January 13, 2014 and January 20, 2014,
a related party entered into two unsecured note payables for a total of $25,632 with an interest rate of 5% due January 20, 2015,
the loans maturity dates were further extended to January 13, 2016 and January 20, 2016, respectively. Accrued interest at March
31, 2017 and September 30, 2016 amounted to $0 and $6,461. On November 15, 2016, the Company and the related party entered into
a Release and Settlement Agreement whereby $25,632 in principal and $6,763 in accrued interest was forgiven. The transaction was
accounted for as contributed capital.
On January 24, 2014, a related party loaned
the Company $10,000, which is evidenced by a secured note payable with an interest rate of 12% and a maturity of January 24, 2015.
These funds were used to pay 1 months’ salary to our Chief Executive Officer. If the loan in not repaid by January 24, 2015
it is convertible at the option of the holder into common stock at a share price of $.48 per share. Accrued interest at March 31,
2017 and September 30, 2016 amounted to $0 and $3,222, respectively. Subsequently, the related party agreed to extend the promissory
note maturity date to January 24, 2017. On November 15, 2016, the Company and the related party entered into a Release and Settlement
Agreement whereby $10,000 in principal and $3,373 in accrued interest was forgiven. The transaction was accounted for as contributed
capital.
On June 19, 2014 the Company’s CEO
entered into an unsecured note payable of $30,000 with an interest rate of 10% due on June 19, 2015, the loans maturity was further
ended to June 16, 2016. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $6,855 respectively. On November
15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $30,000 in principal and $7,233
in accrued interest was forgiven. The transaction was accounted for as contributed capital.
On October 14, 2014 the Company’s
CEO loaned the Company $3,482, which is evidenced by an unsecured note payable with an interest rate of 5% and a maturity of October
13, 2015. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $342. On November 15, 2016, the Company
and the related party entered into a Release and Settlement Agreement whereby $3,482 in principal and $364 in accrued interest
was forgiven. The transaction was accounted for as contributed capital.
On October 14, 2014 a related party loaned
the Company $3,320, which is evidenced by an unsecured note payable with an interest rate of 5% and a maturity of October 13, 2015.
Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $326. On November 15, 2016, the Company and the related
party entered into a Release and Settlement Agreement whereby $3,320 in principal and $347 in accrued interest was forgiven. The
transaction was accounted for as contributed capital.
Inspired Builders, Inc.
NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)
On June 30, 2014 the Company's CEO converted
$90,000 of accrued salary into an unsecured promissory note. The Note accrues interest at a rate of 5% per annum and is due June
30, 2015. Accrued interest at March 31, 2017 and September 30, 2016 was $0 and $10,147, respectively. On November 15, 2016, the
CEO and the Company entered into a Release and Settlement Agreement whereby the Note, comprising of $90,000 of principal and $10,714
of interest was forgiven. The transaction was accounted for as contributed capital.
On February 20, 2015, a related party entered
into an unsecured note payable for $55,000 with an interest rate of 10% due February 20, 2016. Accrued interest as of June 30,
2015 amounted to $2,214. Accrued interest at March 31, 2017 and September 30, 2016 amounted to $0 and $8,860. On November 15, 2016,
the Company and the related party entered into a Release and Settlement Agreement whereby $55,000 in principal and $9,553 in accrued
interest was forgiven. The transaction was accounted for as contributed capital.
12. SUBSEQUENT EVENT
On July 17, 2017, the Company assigned
all interests in the property owned in Duval County, FL to a related party in exchange for an assumption of the mortgage principal
and interest of $750,000 and $90,370 respectively, and of real estate taxes payable of $23,714 (See Notes 4 and 6).
On August 15, 2017, Inspired Builders (the
“Company”), the majority shareholders of the Company (the “Sellers”) and JJL Capital Management, LLC (the
“Purchaser”) entered into a stock purchase agreement (the “Stock Purchase Agreement”), whereby the Purchaser
purchased from the Sellers 5,643,979 shares of common stock, par value $0.001 per share, of the Company (the “Shares”),
representing approximately 50.73% of the issued and outstanding shares of the Company, for an aggregate purchase price of $564.39
(the “Purchase Price”). On August 16, 2017, the closing of the transaction occurred (“Closing Date”). Pursuant
to the change in control transaction, we relocated to Miami, Florida and ceased all operations as a real estate company. Also,
in connection therewith, Matthew Nordgren, the Company’s sole officer and Director, resigned from his positions and named
Scott Silverman as sole director and to the positions of CEO, CFO, Chief Accounting Officer and Secretary (See Note 1).
On October 17, 2017, a related party entered
into an unsecured note payable for $14,300 with an interest rate of 0% due upon demand by the holder.
On October 20, 2017, a related party entered
into an unsecured note payable for $825 with an interest rate of 0% due upon demand by the holder.