We have related party debt obligations outstanding at March 31, 2017 and December 31, 2016 as follows:

	As of March 31, 2017					As of December 31, 2016
Note Description	Principal			Accrued Interest		Principal			Accrued Interest

Gulf Coast Capital, LLC (a)	$	30,112		$	19,583	$	30,112		$	19,211
Avcon Services, Inc. (b)		30,500			2,290		30,500			1,914
Totals	$	60,612		$	21,873	$	60,612		$	21,125
Less debt discount		(5,646	)				(6,022	)
Net Convertible Notes Payable - Related Parties	$	54,966				$	54,590

(a)

Gulf Coast Capital, LLC is a company owned by Mark Bogani, our former CEO. The note is uncollateralized, dated September 30, 2016, and represents the consolidation of various smaller notes payable previously outstanding totaling $145,112 plus $15,471 in accrued interest. Interest continues to accrue at the rate of 5%, with principal and interest being due on demand and convertible into our common stock at the option of the lender at a fixed rate of $.025 per share. Upon the note's inception, there was a beneficial conversion feature totaling $29,022 that is being amortized ratably over the five-year conversion period (with acceleration if converted) and netted against the principal balance as a debt discount. On December 30, 2016, Gulf Coast Capital converted $115,000 of the note into 4,600,000 shares of the Company's common stock, resulting in an unpaid principal balance of $30,112 as of March 31, 2017 and December 31, 2016. Debt discount amortization totaled $376 for the three months ended March 31, 2017, resulting in an unamortized debt discount balance of $5,646 and $6,022 at March 31, 2017 and December 31, 2016, respectively. Interest expense totaled $372 for the three months ended March 31, 2017, resulting in accrued interest of $19,583 and $19,211 at March 31, 2017 and December 31, 2016, respectively. The net balance of the note was $24,466 and $24,090 on March 31, 2017 and December 31, 2016, respectively.

On September 22, 2016, the Company entered into an uncollateralized note payable with an unaffiliated investor in the amount of $50,000. The note carries an interest rate of 6% and matures on September 22, 2017. The note and accrued interest, or any portion thereof, are convertible at the option of the lender, into the Company's common stock at a fixed rate of $.025 per share. Upon the note's inception, there was a beneficial conversion feature totaling $10,000 that is being amortized ratably over the one-year note maturity period (with acceleration if converted) netted against the principal balance as a debt discount. Debt discount amortization totaled $2,500 for the three months ended March 31, 2017, resulting in an unamortized debt discount balance of $4,781 and $7,281 at March 31, 2017 and December 31, 2016, respectively. Interest expense totaled $750 for the three months ended March 31, 2017, resulting in accrued interest of $1,572 and $822 at March 31, 2017 and December 31, 2016, respectively. The net balance of the note was $45,219 and $42,719 on March 31, 2017 and December 31, 2016, respectively.

On January 12, 2017 and March 27, 2017, the Company entered into two uncollateralized notes payable with this unaffiliated investor, each in the amount of $25,000 for $50,000 total. The notes carry an interest rate of 6%, and mature on January 12, 2018 and March 27, 2018, respectively. The notes and accrued interest, or any portion thereof, are convertible at the option of the lender, into the Company's common stock at a fixed rate of $.025 per share. Interest expense and accrued interest on these notes in the aggregate as of and for the three months ended March 31, 2017 was $655.