Annual report pursuant to Section 13 and 15(d)

Notes Payable

v3.3.1.900
Notes Payable
12 Months Ended
Dec. 31, 2015
Notes Payable [Abstract]  
Notes Payable
Note 7 — Notes Payable
 
Notes payable represent promissory notes payable by the Company.
 
 
 
December 31,
 
December 31,
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Note payable to officers and shareholders of the Company. The notes bore interest at 18.5% per year and were secured by all the assets of the Company. Paid in full during 2015.
 
$
 
$
37,038
 
 
A total of $1,228 and $32,209 in accrued interest was paid during the years ending December 31, 2015 and 2014 respectively, to officers and stockholders related to various notes described above.