| Schedule of Short-term Debt [Table Text Block] |
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Description
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September 30, 2016
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December 31, 2015
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Note payable - Credit line, payable to Ascentium Capital, bearing interest at 24% per annum, unsecured, paid in full in February 2016.
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$
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-
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$
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6,706
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Note payable – Orchard Street Funding – This loan was paid off in January, 2016
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-
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45,240
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Note payable – other bearing interest at 12% per annum, unsecured, demand note.
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-
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59,832
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Merchant Note payable to Web Bank, borrowed 2-1-16, bearing interest at 23% per annum, unsecured, matures in March, 2017. (2)
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85,256
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-
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Merchant Note payable to Quarterspot Lending, borrowed 6-27-16, bearing interest at 31% per annum, unsecured, matures in September, 2017. (3)
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38,360
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-
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Merchant note payable to Premier Capital Funding, borrowed 7-12-16, bearing interest at 29% per annum, unsecured, maturing November 28, 2016. (4)
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37,138
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Total
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$
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160,754
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$
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111,778
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