Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.21.2
Related Party Transactions
9 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

Note 7 – Related Party Transactions

 

Revenue generated from Vitashower Corp., a company owned by the CEO’s wife, amounted to $15,141 and $21,267 for the nine months ended September 30, 2021 and 2020, respectively. Account receivable balance due from Vitashower Corp. amounted to $0 and $0 as of September 30, 2021 and December 31, 2020, respectively. Purchases generated from Vitashower Corp. amounted to $3,379 and $0 for the nine months ended September 30, 2021 and 2021, respectively. There were accounts payable balances of $0 and $17,371 due to Vitashower Corp. as of September 30, 2021 and December 31, 2020, respectively.

 

Compensation for services provided by the President and Chief Executive Officer for the nine months ended September 30, 2021 and 2020 amounted to $90,000 and $90,000, respectively.