3. CONVERTIBLE NOTES PAYABLE - RELATED PARTIES	9 Months Ended
Sep. 30, 2019
Notes
3. CONVERTIBLE NOTES PAYABLE - RELATED PARTIES	`3.CONVERTIBLE NOTES PAYABLE – RELATED PARTIES` On May 18, 2015, the Company issued an unsecured convertible note payable to a stockholder in exchange for $25,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through May 18, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share. On September 9, 2016, the Company issued an unsecured convertible note payable to a stockholder in exchange for $20,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through September 9, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share. On April 24, 2017, the Company issued an unsecured convertible note payable to a stockholder in exchange for $25,000 for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through April 24, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share. On November 16, 2017, the Company issued two unsecured convertible notes payable to stockholders in exchange for $20,000 ($10,000 each) in cash for the Company’s working capital needs. The notes bear interest at 6% per annum and originally had a term of one year. The notes have been extended through November 16, 2019. The stockholders each have the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share. On May 2, 2019, the Company issued an unsecured convertible note payable to a stockholder in exchange for $20,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and matures on May 2, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share. At September 30, 2019 and December 31, 2018 convertible notes payable – related parties were $110,000 and $90,000, respectively. At September 30, 2019 and December 31, 2018, accrued interest on the notes were $16,641 and $12,103, respectively. Interest expense amounted to $1,663 and $1,362 for the three months ended September 30, 2019 and 2018, respectively. Interest expense amounted to $4,538 and $4,039 for the nine months ended September 30, 2019 and 2018, respectively.

3. CONVERTIBLE NOTES PAYABLE - RELATED PARTIES

9 Months Ended

Sep. 30, 2019

3. CONVERTIBLE NOTES PAYABLE - RELATED PARTIES

3.CONVERTIBLE NOTES PAYABLE – RELATED PARTIES

On May 18, 2015, the Company issued an unsecured convertible note payable to a stockholder in exchange for $25,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through May 18, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share.

On September 9, 2016, the Company issued an unsecured convertible note payable to a stockholder in exchange for $20,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through September 9, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share.

On April 24, 2017, the Company issued an unsecured convertible note payable to a stockholder in exchange for $25,000 for the Company’s working capital needs. The note bears interest at 6% per annum and originally had a term of one year. The note has been extended through April 24, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share.

On November 16, 2017, the Company issued two unsecured convertible notes payable to stockholders in exchange for $20,000 ($10,000 each) in cash for the Company’s working capital needs. The notes bear interest at 6% per annum and originally had a term of one year. The notes have been extended through November 16, 2019. The stockholders each have the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share.

On May 2, 2019, the Company issued an unsecured convertible note payable to a stockholder in exchange for $20,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and matures on May 2, 2020. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $0.0125 per share.

At September 30, 2019 and December 31, 2018 convertible notes payable – related parties were $110,000 and $90,000, respectively. At September 30, 2019 and December 31, 2018, accrued interest on the notes

were $16,641 and $12,103, respectively. Interest expense amounted to $1,663 and $1,362 for the three months ended September 30, 2019 and 2018, respectively. Interest expense amounted to $4,538 and $4,039 for the nine months ended September 30, 2019 and 2018, respectively.