Note 4 Note Payable - Officers and Directors

6 Months Ended

Jun. 30, 2016

Note 4 Note Payable – Officers and Directors

Related party notes payable as of June 30, 2016 and December 31, 2015 consists of the following:

Description	June 30, 2016		December 31, 2015
Notes payable – officers and directors bearing interest at 12% per annum, unsecured, demand notes.	$	100,502	$	69,944
Note payable – other bearing interest at 12% per annum, unsecured, demand note.		37,200		-
Total	$	137,702	$	69,944

Officers, directors and other related individuals loans are demand notes totaling $137,702 as of June 30, 2016 and $69,944 as of December 31, 2015. The total consists of two notes from Officer/Directors. The first note in the amount of $60,000 as of June 30, 2016 provides for interest at 12% per annum and is unsecured. Notes payable to the Director resulted in an interest charge of $1,796 for the period ended June 30, 2016 and $16,246 accrued and unpaid at June 30, 2016.

The second note was increased by $30,557 during the current period, which increased the total note to $40,501 as of June 30, 2016. The note is a demand note, bears interest at 12% per annum and is unsecured. This note has accumulated and unpaid interest totaling $2,546 at June 30, 2016. The current period interest accrued on this note was $1,498.

A related party has made loans to the Company during the last fiscal year end and during the six months ended June 30, 2016. The balance on this note was $37,200 as of June 30, 2016 and $59,832 as of December 31, 2015. The loan is a demand note with an interest rate of 12% per annum. Subsequent to June 30, 2016, additional loans totaling $5,640 were made to the company by this party, which amount was added to the aforementioned demand note.