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Post# of 235019
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surfkast

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surfkast

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Re: surfkast post# 232804

Monday, 05/23/2022 7:55:07 PM

Monday, May 23, 2022 7:55:07 PM

Post# of 235019
Note 5 - Notes Payable – Related Party

Notes payable-related party notes represent unsecured notes payable to the Company’s Chief Executive Officer (CEO) ranging in interest rates of 0% per annum to 10% per annum and will mature on December 31, 2022, as amended. The outstanding balance of these notes payable at March 31, 2022 and December 31, 2021 amounted to $693,000, respectively.

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