September 30, 2015

December 31, 2014

(unaudited)

(audited)

Short-term borrowings from a company owned by one of the stockholders. The borrowings are due on demand and are non-interest bearing. In January 2015, the amounts have been paid in full.

$

-

$

1,625

Promissory note issued to a company owned by a stockholder of the Company in December 2014 bearing interest rate of 15% per annum. This promissory note was due on June 30, 2015 and is in default.

-

46,792

Convertible promissory note issued to a company owned by a stockholder of the Company in May 2015 bearing interest rate of 10% per annum.

100,000

-

Convertible promissory note issued to a company owned by a stockholder of the Company in May 2015 bearing interest rate of 10% per annum.

50,000

-

$

150,000

$

48,417