Tuesday, August 23, 2022 4:56:28 PM
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
F. Note Payable
During March 30, 2022 through June 16, 2022, the Company borrowed an aggregate of $111,000 from Winners, Inc. in exchange for three promissory notes bearing interest at 10% per annum and due on demand. As of June 30, 2022, the principal balance due on the note payable was $111,000 and accrued interest payable on the notes was $2,000.
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