The minimal business operations since inception. Our current business plan is to provide consulting and financing services to small businesses. Our subsidiary, Castle Royalties Corp (“CRC”), has developed standard agreements to implement a small business loan (“SBL”) program, whereby the Company will introduce borrowers and lenders for loan transactions. The Small Business Loans (“SBLs”) will bear interest at a variable rate payable monthly based on borrowers’ sales and will be payable in monthly installments over 5 years. CRC will receive a 10% (of interest income) administrative fee payable monthly from the lenders. CRC will receive a 5% (of the SBL loan amount) consulting fee from borrowers for completed loans.
