Company: CCCP
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003752
Chunk: 34

Company: Crona Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 34
---
,111 Total $132,500  $0  $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. Accrued Interest as of March 31, 2025, is $34,032 and December 31, 2024, is $30,111. The promissory note payable is $ 132,500 and $132,500 as of March 31, 2025, and December 31, 2024. Total interest expenses of $3,921 and $3,964 for the three months ended March 31, 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 March 31, 2025, and December 31, 2024, interest payable totaled $15,745 and $14,019, respectively. 

 12Table of Contents

Note 9 – STOCKHOLDERS’ EQUITY Common SharesThe Company has 1,000,000,000, $0.001 par value shares of common stock authorized. On February 27, 2025, the Company issued a total of 5,000,000 common shares at a par value of 0.001 to the Director Cheung Lam Hung for the services provided. As of March 31, 2025, and December 31, 2024, the company’s common shares issued and outstanding are 11,587,500 and 6,587,500 respectively. Preferred SharesThe Company has 10,000,000, $0.00001 par value of preferred stock authorized.  As of March 31, 2025, and December 31, 2024, the company’s preferred shares issued and outstanding are 10,000,000 and 5,000,000 respectively.

Note 10 – COMMIT