LoanOnce/If they raise money while stock trading at 3 cents then maybe they can pay back the loan...Related-party transactions are detailed in Note 4 to the unaudited condensed interim consolidated financial statements for the three months ended June 30, 2022. The loan principal payable to Mr. Ullrich of $470,000 together with interest credited to the loan of $57,519 is unsecured and repayable on demand. Interest is payable at 9% per annum and $11,701 of interest expense was reflected for the period.