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Notes Payable to Related Parties	3 Months Ended
Mar. 31, 2017
Notes Payable to Related Parties
Notes Payable to Related Parties	Note 8 – Notes Payables to Related Parties Notes payable to related parties at March 31, 2017 consist of notes payable to stockholders of $400,000 (issued in 2012), less unamortized discount related to common stock warrants that had been issued to the stockholders with the notes. The discount was fully amortized over the extended term of the notes, which had been due in one principal payment on December 31, 2016, but which are now due on September 30, 2017, after extensions granted by the Note holders in the fourth quarter of 2016 and the first quarter of 2017. Interest is payable semiannually at 10%. The notes are collateralized by all receivables now or hereafter existing pursuant to the license agreement with VDF FutureCeuticals, Inc. discussed in Notes 3 and 9. In April 2017, the Company made payments totaling $100,000 towards the principal balance of the Note. The notes payable to related parties at December 31, 2016 also includes a promissory note to a stockholder for $25,000. The principal balance and interest at 10% was due March 30, 2016. This note was paid in full, with accrued interest, in January 2017.

Notes Payable to Related Parties

3 Months Ended

Mar. 31, 2017

Note 8 – Notes Payables to Related Parties

Notes payable to related parties at March 31, 2017 consist of notes payable to stockholders of $400,000 (issued in 2012), less unamortized discount related to common stock warrants that had been issued to the stockholders with the notes. The discount was fully amortized over the extended term of the notes, which had been due in one principal payment on December 31, 2016, but which are now due on September 30, 2017, after extensions granted by the Note holders in the fourth quarter of 2016 and the first quarter of 2017. Interest is payable semiannually at 10%. The notes are collateralized by all receivables now or hereafter existing pursuant to the license agreement with VDF FutureCeuticals, Inc. discussed in Notes 3 and 9. In April 2017, the Company made payments totaling $100,000 towards the principal balance of the Note.

The notes payable to related parties at December 31, 2016 also includes a promissory note to a stockholder for $25,000. The principal balance and interest at 10% was due March 30, 2016. This note was paid in full, with accrued interest, in January 2017.