Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

LOANS PAYABLE - RELATED PARTIES (Tables)

v3.22.1
LOANS PAYABLE - RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2021
LOANS PAYABLE - RELATED PARTIES  
Summary of loans from related parties

Loans from related parties as of December 31, 2021 and 2020 consist of the following:

    

As of December 31,

2021

    

2020

Loan payable to related parties for the acquisition of Wealth Dynamics

Current portion

$

425,551

$

400,000

Non-current portion

Subtotal

 

425,551

 

400,000

Other loans payable to related parties, current

 

 

189,502

Total loans payable to related parties

$

425,551

$

589,502