Quarterly report pursuant to Section 13 or 15(d)

Accrued Separation Costs

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Accrued Separation Costs
3 Months Ended
Mar. 31, 2021
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 March 31, 2021, $80,635 remains outstanding of which $12,000 is due within one-year and is reflected as a current liability.