NOTE 3 – ACCOUNTS AND NOTES PAYABLE	9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]
NOTE 3 – ACCOUNTS AND NOTES PAYABLE	NOTE 3 – ACCOUNTS AND NOTES PAYABLE At September 30, 2024, and December 31, 2023, the Company had accounts payable of $10,500 and $6,000, respectively, and notes payable of $286,021 and $286,021, respectively, for services as well as cash advances received from unrelated parties. The notes payable bear interest at 8% and are due on demand. Accrued interest on the notes was $188,574 and $171,414 at September 30, 2024, and December 31, 2023, respectively.

NOTE 3 – ACCOUNTS AND NOTES PAYABLE

9 Months Ended

Sep. 30, 2024

At September 30, 2024, and December 31, 2023, the Company had accounts payable of $10,500 and $6,000, respectively, and notes payable of $286,021 and $286,021, respectively, for services as well as cash advances received from unrelated parties. The notes payable bear interest at 8% and are due on demand.

Accrued interest on the notes was $188,574 and $171,414 at September 30, 2024, and December 31, 2023, 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

SKINOVATION PHARMACEUTICAL INC 10-Q