Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS??? EQUITY (DEFICIT)

v3.23.1
STOCKHOLDERS’ EQUITY (DEFICIT)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
STOCKHOLDERS’ EQUITY (DEFICIT)

NOTE 10 STOCKHOLDERS’ EQUITY (DEFICIT)

 

Stock Payable

 

At October 22, 2021, the Company recorded $600,000 of stock subscription payable related to common stock to be issued.

 

At December 31, 2021, STCB recorded $54,166 of stock payable for services provided and related to contributed services to be issued.

 

During the year ended December 31, 2022, the STCB issued a total of 728,570 shares related to stock payable of $654,166.

 

The following summarizes the activity of stock payable during the years ended December 31, 2022 and 2021:

 

    Amount     Shares  
Ending balance - December 31, 2020   $ -       -  
Additions, net     654,166       782,570  
Issuances, net     -       -  
Ending balance - December 31, 2021   $ 654,166       782,570  
Additions, net     -       -  
Issuances, net     (654,166 )     (782,570 )
Ending balance - December 31, 2022   $ -       -