Company: CCCP
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001477932-25-006183
Chunk: 23

Company: Crona Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 the date of issue with a conversion price of $0.10.   As of June 30, 2025    Face value  Discount onPromissory Note  Net payable  AccruedInterest Convertible Promissory Note $132,000  $-  $132,000  $34,032 Total $132,000  $-  $132,000  $34,032     As of December 31, 2024   Face value  Discount onPromissory Note  Net payable  AccruedInterest Convertible Promissory Note $132,500  $-  $132,500  $30,111 Total $132,500  $-  $132,500  $30,111  On October 27, 2023, 500,000 shares of common stock were issued at a rate of $0.001 to settle the promissory note value of $500. On April 29, 2025, 500,000 shares of common stock were issued at a rate of $0.001 to settle the promissory note value of $500. Accrued Interest as of June 30, 2025, is $34,032 and December 31, 2024, is $30,111. The promissory note payable is $132,000 and $132,500 as of June 30, 2025, and December 31, 2024. Total interest expenses of $3,921 and $7,917 for the six months ended June 30, 2025, and 2024.

Note 8 – RELATED PARTY TRANSACTIONS On December 29, 2022, the Company entered a promissory Note with then a related party, Zeroblast Services Ltd. (Seller). The Promissory Note is entered into as an exchange for all business assets of the Seller at $100,000. The sum of $100,000 is due on or before December 29, 2024. This note bears interest at 7% per annum. As of June 30, 2025, and December 31, 2024, interest payable totaled $15,745 and $14,019, respectively. 

Note 9 – STOCKHOLDERS’ EQUITY Common