Annual report pursuant to Section 13 and 15(d)

Line of Credit

v3.3.1.900
Line of Credit
12 Months Ended
Dec. 31, 2015
Line Of Credit Facility [Abstract]  
Lines Of Credit
Note 6 — Line of Credit
 
The Company had a $112,500 line of credit with interest payable at the bank’s prime rate plus 1% in 2014. The line was unsecured and personally guaranteed by an officer of the Company. The outstanding balance on this line of credit amounted to $-nil- and $112,500 at December 31, 2015 and 2014, respectively. The credit facility was terminated by the Company in August 2015.