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Note F - Subsequent Events
3 Months Ended
Mar. 31, 2017
Notes  
Note F - Subsequent Events

Note F – Subsequent Events

 

On June 29, 2017, the Company entered into an uncollateralized note payable with its CFO, Frank Grey, in the amount of $12,500.  The note carries an interest rate of 6%, and matures on June 29, 2018.  The note and accrued interest, or any portion thereof, is convertible at the option of the lender, into the Company's common stock at a fixed rate of $.025 per share. 

 

The Company has evaluated its subsequent events through the date of this report issuance and determined there are no additional events to disclose.