Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Notes Payable

Note 4 - Notes Payable	6 Months Ended
Jun. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 4 – NOTES PAYABLE The Company has a financing loan for its Directors and Officers Insurance (“D&O”) that was incurred in September 2021. The loan bears interest at 4.4% and required monthly payments through June 2022. During the six months ending June 30, 2022, the balance at December 31, 2021 of $53,822 was paid in its entirety. See Note 6 - Related Party Transactions for loans to STCB from the Company's CEO.

Note 4 - Notes Payable

6 Months Ended

Jun. 30, 2022

NOTE 4 – NOTES PAYABLE

The Company has a financing loan for its Directors and Officers Insurance (“D&O”) that was incurred in September 2021. The loan bears interest at 4.4% and required monthly payments through June 2022. During the six months ending June 30, 2022, the balance at December 31, 2021 of $53,822 was paid in its entirety.

See Note 6 - Related Party Transactions for loans to STCB from the Company's CEO.

- 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