Notes payable at March 31, 2016 consist of the following:

Unsecured note payable to a shareholder bearing 8% interest.

Entire balance of principal and unpaid interest due on demand

$

124,230

Unsecured note payable to a shareholder bearing 10% interest

Entire balance of principal and unpaid interest due on demand

$

649,049

Promissory notes

$

550,000

Notes Payable - related party

$

50,000

Total notes

$

1,373,279

2016

$

863,279

2017

$

510,000

2018

$

-0-

2019

$

-0-

2020

$

-0-

$

1,373,279