Annual report pursuant to Section 13 and 15(d)

Related Party Payable

v3.19.1
Related Party Payable
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Related Party Payable

Note 6 – Related Party Payable

 

The Company underwent a change of control on November 30, 2018, in which the majority ownership was transferred to a new majority shareholder, OWP Ventures, Inc. The former Chief Executive Officer forgave $125,590 of advances at the date of the transfer, and the Company recognized the forgiveness of debt as contributed capital.

 

As of December 31, 2018, there were advances of $218 from the current majority shareholder for the purpose of operating the Company.

 

As of December 31, 2017, there were advances of $87,916 from the majority shareholder for the purpose of operating the Company.