Company: CCCP
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001477932-25-006183
Chunk: 5

Company: Crona Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 5
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 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 SharesThe Company has 1,000,000,000, $0.001 par value shares of common stock authorized. On March 7, 2025, Cheung Lam Hung, through his controlled entity Next Talent (HK) Limited, acquired 5,000,000 shares of the Company’s common stock by way of a private purchase transaction. Following this acquisition, Mr. Cheung Lam Hung, through Next Talent (HK) Limited, became the beneficial owner of approximately 75.90% of the Company’s issued and outstanding common shares. As of June