Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 53

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1A
Chunk 53
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 Total $132,500  $0  $132,500  $30,111    As of December 31, 2023   Face value  Discount on Promissory Note  Net payable  Accrued Interest Convertible Promissory Note  $133,000  $(1,863) $130,637  $14,200 Less: Common Stock Issued $500             Total $132,500  $(1,863) $130,637  $14,200  On October 27, 2023, 500,000 shares of common stock was issued at a rate of $0.001 to settle the promissory note value of $500. Accrued Interest as of December 31, 2024, is $30,111 and December 31, 2023, is $ 14,200. The promissory note payable is $ 132,500 and $130,637 as of December 31, 2024, and December 31, 2023. Total interest expenses of $15,911  and $14,200  for the year ended December 31, 2024, and 2023.

Note 8 – RELATED PARTY TRANSACTIONS On December 29, 2022, the Company entered a promissory Note with 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, 2024, and December 31, 2023, interest payable totaled $14,019  and $7,058, respectively. During the year 2022, president & CEO Chris Brown advanced to the Company $221 towards working capital. These advances are unsecured, non-interest bearing and due on demand. During the three months ended March 31, 2023, president & CEO Chris Brown advanced to the Company $4,937 towards working capital. These advances are unsecured, non-interest bearing and due on demand. During the three months ended March 31, 2023, the company, repaid $829 towards the loan of president &