Item 1.01 Entry into a Material Definitive Agreement
The disclosures set forth in Item 2.03 are incorporated into this Item 1.01 by
reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
On June 23, 2022, the Registrant, issued a promissory note in favor of Ralph
Davis in the principal amount of $25,000.00. The note carries a 10% interest
rate, matures on September 30, 2022, and is subject to default interest of 15%
per annum.
On June 23, 2022, the Registrant, issued a promissory note in favor of Steven
Wheeler, trustee for the Steve and Ann Wheeler Trust in the principal amount of
$35,000.00. The note carries a 10% interest rate, matures on September 30, 2022,
and is subject to default interest of 15% per annum.
On June 28, 2022, the Registrant, issued a promissory note in favor of Ralph
Davis in the principal amount of $10,000.00. The note carries a 10% interest
rate, matures on September 30, 2022, and is subject to default interest of 15%
per annum.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
10.48 A promissory note executed on June 23, 2022 in favor of Ralph Davis in
the amount of $25,000.00
10.49 A promissory note executed on June 23, 2022 in favor of Steven Wheeler
in the amount of $35,000
10.50 A promissory note executed on June 28, 2022 in favor of Ralph Davis in
the amount of $10,000.00
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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