XML 46 R35.htm IDEA: XBRL DOCUMENT v3.20.2
NOTE 6 - LOANS PAYABLE: Schedule of Loans Payable to Related Parties (Tables)
3 Months Ended
Mar. 31, 2020
Tables/Schedules  
Schedule of Loans Payable to Related Parties

 

 

March 31,

 

December 31,

 

 

 

Interest

 

 

2020

 

2019

 

Term

 

rate

Alonso Van Der Biest

$

80,200

$

80,200

 

Note was issued on June 12, 2015 and due on June 11, 2019. Maturity was extended to December 31, 2020.

 

16.5%

 

 

 

 

 

 

 

 

 

Alvaro Quintana

 

10,587

 

10,587

 

Note was issue on September 30, 2016 and due on September 29, 2019. Maturity was extended to December 31, 2020.

 

0%

 

 

 

 

 

 

 

 

 

49% of Shareholder of SwissLink

 

1,591,644

 

1,588,261

 

Note is due on demand

 

0%

49% of Shareholder of SwissLink

 

207,100

 

206,660

 

Note is due on demand

 

5%

Total

 

1,889,531

 

1,885,708

 

 

 

 

Less: Current portion of loans payable – related parties

 

1,889,531

 

1,885,708

 

 

 

 

Long-term loans payable – related patties

$

-

$

-