NOTE 4 – NOTES PAYABLE	9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]
NOTE 4 – NOTES PAYABLE	NOTE 4 – NOTES PAYABLE During the nine months ended September 30, 2023 and 2022, an unrelated party loaned the Company $0 and $5,000, respectively. The notes bear interest at 8% and are due on demand. Notes payable at September 30, 2023 and December 31, 2022 were $109,726 and $109,726, respectively. Accrued interest at September 30, 2023 and December 31, 2022 was $79,887 and $73,303, respectively.

NOTE 4 – NOTES PAYABLE

9 Months Ended

Sep. 30, 2023

During the nine months ended September 30, 2023 and 2022, an unrelated party loaned the Company $0 and $5,000, respectively. The notes bear interest at 8% and are due on demand. Notes payable at September 30, 2023 and December 31, 2022 were $109,726 and $109,726, respectively. Accrued interest at September 30, 2023 and December 31, 2022 was $79,887 and $73,303, respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details

NOVA STAR INNOVATIONS INC 10-Q