Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Notes Payable

Note 4 - Notes Payable	9 Months Ended
Sep. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 4 – NOTES PAYABLE The Company incurred a financing loan for the Director and Officer Insurance (“D&O”) policy that it purchased in September 2021. The loan bears interest at 4.4%, and requires monthly payments through May 2021. As of September 30, 2021, and December 31, 2020, the loan had a balance of $80,291 and $0, respectively.

Note 4 - Notes Payable

9 Months Ended

Sep. 30, 2021

NOTE 4 – NOTES PAYABLE

The Company incurred a financing loan for the Director and Officer Insurance (“D&O”) policy that it purchased in September 2021. The loan bears interest at 4.4%, and requires monthly payments through May 2021. As of September 30, 2021, and December 31, 2020, the loan had a balance of $80,291 and $0, 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