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Loans Receivable from Related Parties

12 Months Ended

Dec. 31, 2017

NOTE 6 – LOANS RECEIVABLE FROM RELATED PARTIES

At December 31, 2017 and 2016, the Company’s loans receivable from related parties consist of the following:

	December 31, 2017			December 31, 2016
Loans receivable from related parties, net	$	9,704		$	71,667
Less: current portion		(9,704	)		(20,000	)
Loans receivable from related parties, non-current	$	-		$	51,667

Included in loans receivable from related parties at December 31, 2017 and 2016, is $9,704 and $71,667, net of reserve for uncollectible related party loans of $45,000 and $0 at December 31, 2017 and 2016, respectively, related to an advance to the Chief Operating Officer (“COO”) and stockholder of CTI, in connection with a consulting agreement. Included in loans receivables from related parties at December 31, 2017 and 2016, is $3,037 and $2,250, respectively, related to advance to employees.