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. |