XML 18 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
4. NOTES PAYABLE
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
4. NOTES PAYABLE
4. NOTES PAYABLE

Notes payable as of September 30, 2016 and December 31, 2015 consists of the following:

   
2016
   
2015
 
             
             
Lafayette Community Bank
A term loan secured by a stockholder, payable in monthly installments of $2,587 commencing in December 25, 2009 but refinanced in May 2011.  The loan was due in full on May 18, 2016 and interest accrues monthly at 5.0% per annum.
 
$
-
   
$
11,095
 
                 
Stockholder
Demand loan payable with interest at 5% per month dated September 18, 2009. The loan is secured by the Company's accounts receivable.  The note was payable in full  on December 17, 2009 and is currently in default
   
50,000
     
50,000
 
                 
 
  TOTAL
 
$
50,000
   
$
61,095
 
                 
Less current portion
   
50,000
     
61,095
 
                 
Non-current portion
 
$
-
   
$___ _-