InvestorsHub Logo
Followers 0
Posts 58
Boards Moderated 0
Alias Born 08/25/2016

Re: DataStream post# 44930

Wednesday, 06/15/2022 5:12:53 PM

Wednesday, June 15, 2022 5:12:53 PM

Post# of 46136
NOTE 8. ACCRUED EXPENSES – RELATED PARTY



At December 31, 2021, accrued expenses related partieswas $402,347.



Such amount included, to its CEO,Thom Kidrin, $242,308 in accrued salary and $16,525 in accrued interest on a loan with principal balance of $133,605 (see Note 9)and an additional $31,500 in accrued interest on a convertible note from Worlds Inc., with a principal balance of $200,000 (see Note10). In addition, the Company owed $100,000 to its CFO, Chris Ryan, $7,000 to Dr. Rammal and $5,014 to other employees.