Quarterly report pursuant to Section 13 or 15(d)

Accrued Separation Costs

v3.20.2
Accrued Separation Costs
9 Months Ended
Sep. 30, 2020
Payables and Accruals [Abstract]  
Accrued Separation Costs

NOTE 5 – ACCRUED SEPARATION COSTS

 

On August 9, 2016, the Company entered into a separation agreement with an employee to pay $118,635 of accrued compensation over nine-years. As of September 30, 2020, $85,885 remains outstanding of which $11,250 is due within one-year and is reflected as a current liability.