Quarterly report pursuant to Section 13 or 15(d)

Note 13 ??? Due to Related Party

v3.24.1
Note 13 – Due to Related Party
9 Months Ended
Jan. 31, 2024
Note 13 Due To Related Party  
Note 13 – Due to Related Party

Note 13 – Due to Related Party

 

BRIT, LLC

 

In January 2020, in connection with the acquisition of Rotor Riot, the Company assumed a line of credit obligation of the seller, BRIT, LLC, totaling $47,853 which bore interest at 6.67% annually. The remaining balance of $37,196 plus accrued interest totaling $292 was paid in October 2022.