		June 30,		June 30,		Interest
		2018		2017	Term	rate
Alonso Van Der Biest	$	80,200	$	80,000	Note was issued on June 12, 2015 and due in June 11, 2019	16.5%
Alvaro Quintana		10,587		10,587	Note was issue on September 30, 2016 and due in September 29, 2019	0%
Total		90,787		90,587
Less : Current portion of loans payable		-		-
Long-term loans payable	$	90,787	$	90,587

As of June 30, 2018 and 2017, the Company had due to related parties of $26,593 and $0, respectively. The loans are unsecured, non-interest bearing and due on demand.

On June 25, 2018, the Company entered into Employment Agreements with the following persons: (i) Leandro Iglesias as President, CEO and Chairperson of the Company’s Board of Directors with an annual salary of $54,000; (ii) Juan Carlos Lopez Silva as Chief Commercial Officer with an annual salary of $54,000; and Alvaro Quintana Cardona as Chief Operating Officer and Chief Financial Officer with an annual salary of $30,000. The Employment Agreements have a term of 36 months, are renewable automatically for 24 month periods, unless the Company gives written notice at least 90 days prior to termination of the initial 36 month term. The Company shall have the right to terminate any of the employment agreements at any time without prior notice, but in that event, the Company shall pay these persons salaries and other benefits they are entitled to receive under their respective agreements for three years.

As at June 30, 2018 and 2017, the Company recorded and accrued management salaries of $138,297 and $78,145, respectively.