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NOTE 7 - CONVERTIBLE DEBENTURES	9 Months Ended
Sep. 30, 2015
Notes to Financial Statements
NOTE 7 - CONVERTIBLE DEBENTURES	NOTE 7 - CONVERTIBLE DEBENTURES On May 8, 2015, the Company issued convertible debentures to certain accredited investors. The total principal amount of the debentures is $300,000 and matures on November 8, 2015 with a zero percent interest rate. The debentures are convertible into shares of the Company’s common stock at the lower of the fixed price ($0.89) or fifty five percent (55%) of the average if the three lower trading price for 20 trading days prior to conversion. The Company signed a Forbearance Agreement on October 26, 2015. Details are in the Subsequent Event footnote. As of September 30, 2015, the aggregate carrying value of the debentures was $196,518 net of debt discounts of $103,482.

NOTE 7 - CONVERTIBLE DEBENTURES

9 Months Ended

Sep. 30, 2015

NOTE 7 - CONVERTIBLE DEBENTURES

On May 8, 2015, the Company issued convertible debentures to certain accredited investors. The total principal amount of the debentures is $300,000 and matures on November 8, 2015 with a zero percent interest rate. The debentures are convertible into shares of the Company’s common stock at the lower of the fixed price ($0.89) or fifty five percent (55%) of the average if the three lower trading price for 20 trading days prior to conversion.

The Company signed a Forbearance Agreement on October 26, 2015. Details are in the Subsequent Event footnote.

As of September 30, 2015, the aggregate carrying value of the debentures was $196,518 net of debt discounts of $103,482.