Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 194

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 194
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 months ended September 30, 2024, director Lucille Zdunich, advanced to the Company $5,779 towards working capital. These advances are unsecured, non-interest bearing and due on demand. During the three months ended December 31, 2024, director Lucille Zdunich, advanced to the Company $3,361 towards working capital. These advances are unsecured, non-interest bearing and due on demand As of December 31, 2024, and December 31, 2023, due to related parties is $24,643  and $4,503 respectively.

Note 9 – STOCKHOLDERS’ EQUITY Common SharesThe Company has 1,000,000,000, $0.001 par value shares of common stock authorized. As of December 31, 2023, the company’s common shares issued and outstanding is 5,000,000. During the three months ended June 30, 2017, the company issued a total of 1,087,500 common shares for cash proceeds of $1080. During the three months ended December 31, 2023, the company issued a total of 500,000 common shares for settlement of debt of $500. As of December 31, 2024, and December 31, 2023, the company’s common shares issued and outstanding are 6,587,500 and 6,587,500 respectively. Preferred SharesThe company has 10,000,000, $0.00001 par value of preferred stock authorized. On June 07, 2023, the company issued 5,000,000 preferred stock class B at a par value of $0.0001, to the director, Lucille Zdunich as fully paid and non-assessable for service provided. As of December 31, 2024, and December 31, 2023, the company’s preferred shares issued and outstanding are 5,000,000 and 5,000,000 respectively.

Note 10 – COMMITMENTS AND CONTINGENCIES From time to time, the Company is subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable. No amounts have been accrued in the financial statements with respect to any matters.

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Note 11