v3.8.0.1
Forgiveness of Notes Payable to Related Party
12 Months Ended
Dec. 31, 2017
Forgiveness of Notes Payable to Related Party [Abstract]  
FORGIVENESS OF NOTES PAYABLE TO RELATED PARTY

NOTE 8 – FORGIVENESS OF NOTES PAYABLE TO RELATED PARTY

 

During the year ended December 31, 2016, the Company paid $17,950 to a related party note holder and current shareholder in exchange for the release and discharge in full of a Company note in the amount of $239,000, which had come due on August 3, 2016. As a result of this negotiated settlement with the related party, the Company recognized a contribution of capital of $221,050 for the year ended December 31, 2016. See Note 7.