DEBT	6 Months Ended
Jun. 30, 2016
Notes to Financial Statements
Note 5 - DEBT	On November 5, 2015, the Company entered into a Loan Agreement pursuant to which the Company borrowed €20,000 ($22,208), of which proceeds of €10,000 ($11,104) have been received as of June 30 2016. The loan will bear an interest rate of 1% per annum and is due and payable in full on November 5, 2016. The Company has accrued interest expense of €220 ($244) as of June 30, 2016. The outstanding balance under this note was $22,208 as of June 30, 2016. On November 5, 2015, the Company entered into a Loan Agreement pursuant to which the Company borrowed €80,000 ($88,830) of which proceeds of €70,000 ($77,727) have been received as of June 30, 2016. The loan will bear an interest rate of 5% per annum and is due and payable in full on November 5, 2016. The Company has accrued interest expense of €4,566 ($5,070) as of June 30, 2016. The outstanding balance under this note was $88,832 as of June 30, 2016. On January 6, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €150,000 ($166,557). The loan will bear an interest rate of 1% per annum and is due and payable in full on February 6, 2016. As of June 30, 2016, €120,000 ($133,246) was paid back by the Company. There is accrued interest expense related to the note of €694 ($771). As of June 30, 2016, the outstanding balance under this note was $33,312. On February 5, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €20,000 ($22,208). The loan will bear an interest rate of 6% and has no maturity date. The Company has accrued interest expense of €484 ($537) as of June 30, 2016. The outstanding balance under this note was $22,208 as of June 30, 2016. On March 4, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and has no maturity date. The Company has accrued interest expense of €979 ($1,087) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016. On April 19, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €100,000 ($111,038). The loan will bear an interest rate of 6% and will mature on April 19, 2017. The Company has accrued interest expense of €1,200 ($1,332) as of June 30, 2016. The outstanding balance under this note was $111,040 as of June 30, 2016. On April 22, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €38,000 ($42,194). The loan will bear an interest rate of 6% and will mature on April 22, 2017. The Company has accrued interest expense of €437 ($485) as of June 30, 2016. The outstanding balance under this note was $42,195 as of June 30, 2016. On May 04, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and will mature on May 4, 2017. The Company has accrued interest expense of €477 ($530) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016. On May 24, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and will mature on May 24, 2017. The Company has accrued interest expense of €313 ($348) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016. During the six months ended June 30, 2016, $379 of Company expenses were paid for by a third party. There was no formal agreement and the loan bears no interest. During the year ended December 31, 2015, the Company borrowed €30,000 ($34,066) from a third party. There was no formal agreement and the loan bears no interest. During the six months ended June 30, 2016 this loan was paid back in full. None of the above loans were made by any related parties.

DEBT

6 Months Ended

Jun. 30, 2016

On November 5, 2015, the Company entered into a Loan Agreement pursuant to which the Company borrowed €20,000 ($22,208), of which proceeds of €10,000 ($11,104) have been received as of June 30 2016. The loan will bear an interest rate of 1% per annum and is due and payable in full on November 5, 2016. The Company has accrued interest expense of €220 ($244) as of June 30, 2016. The outstanding balance under this note was $22,208 as of June 30, 2016.

On November 5, 2015, the Company entered into a Loan Agreement pursuant to which the Company borrowed €80,000 ($88,830) of which proceeds of €70,000 ($77,727) have been received as of June 30, 2016. The loan will bear an interest rate of 5% per annum and is due and payable in full on November 5, 2016. The Company has accrued interest expense of €4,566 ($5,070) as of June 30, 2016. The outstanding balance under this note was $88,832 as of June 30, 2016.

On January 6, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €150,000 ($166,557). The loan will bear an interest rate of 1% per annum and is due and payable in full on February 6, 2016. As of June 30, 2016, €120,000 ($133,246) was paid back by the Company. There is accrued interest expense related to the note of €694 ($771). As of June 30, 2016, the outstanding balance under this note was $33,312.

On February 5, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €20,000 ($22,208). The loan will bear an interest rate of 6% and has no maturity date. The Company has accrued interest expense of €484 ($537) as of June 30, 2016. The outstanding balance under this note was $22,208 as of June 30, 2016.

On March 4, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and has no maturity date. The Company has accrued interest expense of €979 ($1,087) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016.

On April 19, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €100,000 ($111,038). The loan will bear an interest rate of 6% and will mature on April 19, 2017. The Company has accrued interest expense of €1,200 ($1,332) as of June 30, 2016. The outstanding balance under this note was $111,040 as of June 30, 2016.

On April 22, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €38,000 ($42,194). The loan will bear an interest rate of 6% and will mature on April 22, 2017. The Company has accrued interest expense of €437 ($485) as of June 30, 2016. The outstanding balance under this note was $42,195 as of June 30, 2016.

On May 04, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and will mature on May 4, 2017. The Company has accrued interest expense of €477 ($530) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016.

On May 24, 2016, the Company entered into a Loan Agreement pursuant to which the Company borrowed €50,000 ($55,519). The loan will bear an interest rate of 6% and will mature on May 24, 2017. The Company has accrued interest expense of €313 ($348) as of June 30, 2016. The outstanding balance under this note was $55,520 as of June 30, 2016.

During the six months ended June 30, 2016, $379 of Company expenses were paid for by a third party. There was no formal agreement and the loan bears no interest.

During the year ended December 31, 2015, the Company borrowed €30,000 ($34,066) from a third party. There was no formal agreement and the loan bears no interest. During the six months ended June 30, 2016 this loan was paid back in full.

None of the above loans were made by any related parties.