v3.4.0.3
Note 6 Notes and Loans Payable (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block] Notes and Loans Payable as of March 31, 2016 and December 31, 2015 consisted of the following:

Description
 
31-Mar-16
   
31-Dec-15
 
Note payable - Credit line, payable to Ascentium Capital, bearing interest at 24% per annum, unsecured, matures in February 2016
 
$
-
   
$
6,705
 
Note payable to Ascentium Capital, secured by truck, bearing interest at 9% per annum, matures in September, 2017*
   
8,151
     
9,341
 
Less current portion truck loan
   
-4,983
     
-4,048
 
Note payable – Orchard Street Funding – This loan was paid off in January, 2016
   
-
     
45,240
 
Note payable – other bearing interest at 12% per annum, unsecured, demand note.
   
60,762
     
59,832
 
Note payable to Web Bank, borrowed 2-1-16, bearing interest at 23% per annum, unsecured, matures in March, 2017*
   
130,907
     
-
 
Convertible note payable - EMA Financial, borrowed 3-16-16, due 3-16-17 with interest at 8% per annum - convertible into common stock
   
40,000
     
-
 
Convertible note payable - JMJ Financial, borrowed 3-23-16, due 3-23-18 with interest at 12% per annum - convertible into common stock
   
27,777
     
-
 
Original issue discounts and points on loans - less amortization of $1,768 for the quarter ended March 31, 2016
   
-21,009
     
-
 
                 
Total notes payable
   
241,605
     
117,070
 
Long term debt - net of current portion
   
3,168
     
5,292
 
Total other notes and loans payable
 
$
238,437
   
$
111,778
 
*This debt is collateralized by the specific asset in the case of the truck loan and the WebBank loans is personally guaranteed by an officer of the Company.
Schedule of Maturities of Long-term Debt [Table Text Block] Maturity of notes and loans payable

Maturity of notes and loans payable
           
 
           
For the period Ending March 31,
Amount
 
Amount
 
2016
 
$
151,481
   
$
111,178
 
2017
   
62,347
         
2018
   
27,777
         
Total
 
$
241,605
   
$
111,178