XML 33 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
NOTE 4 - NOTES PAYABLE (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Debt Disclosure [Abstract]    
Notes payable

 

Notes payable at June 30, 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   $ 700,000  
Notes Payable - related party   $ 50,000  
Total notes   $ 1,523,279  
2016   $ 863,279  
2017   $ 660,000  
2018   $ -0-  
2019   $ -0-  
2020   $ -0-  
    $ 1,523,279  

 

 

 

Notes payable at December 31, 2015 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   $ 410,000  
Notes Payable - related party   $ 50,000  
Total current   $ 1,233,279  
         
2015   $ 1,233,279  
2016   $ -0-  
2017   $ -0-  
2018   $ -0-  
2019   $ -0-  
    $ 1,233,279