Stockholder Loan Payable

12 Months Ended

Dec. 31, 2016

Related Party Transactions [Abstract]

Stockholder Loan Payable

5. Stockholder Loans Payable

During the year ended December 31, 2016, stockholders provided loans amounting to $1,376,500. At December 31, 2016, $899,000 of the stockholder loans remained outstanding. All loans bear interest at 10% per annum. Of the amount outstanding at December 31, 2016, $100,000 is due (and was paid) in January 2017, $360,000 is due in March 2017 and $439,000 is due in September 2017.