Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

OTHER RECEIVABLES

v3.25.1
OTHER RECEIVABLES
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
OTHER RECEIVABLES

NOTE 6 — OTHER RECEIVABLES

 

    2024     2023  
    As of December 31,  
    2024     2023  
             
Other receivables (Short term)                
GST receivable   $ 13,620     $ 15,386  
Due from utility companies     -       35,079  
Amount due from Prime Source LLP     106,400       -  
Due from owners of UAV     1,613,859       -  
Other     7,297       -  
Other receivables (short term)   $ 1,741,176     $ 50,465  
                 
Other receivables (Long term)                
PJ Finn   $ 743,007     $ 755,718  
Richard Evans     15,018       15,276  
Other Receivables (long term)   $ 758,025     $ 770,994  
Total Other Receivables   $ 2,499,201     $ 821,459  

 

 

The other receivables (long term) are recoverable after one year from the balance sheet date. The management is in ongoing discussion with the parties to agree to the settlement agreement for repayment of the receivable.