Interest and Loan Receivable

3 Months Ended

Sep. 30, 2013

Notes

Interest and Loan Receivable

NOTE 4 - INTEREST AND LOAN RECEIVABLE

Concurrent with the company entering into a line of credit agreement for production, the Company entered into a corresponding line of credit with its supply chain related to the production of the liquor brands.  The line of credit for the importer is $100,000, which will bear interest at 20% of funds advanced.  The line of credit will advance up to 50% of the value of a Purchase Order to be financed.  The line of credit is guaranteed by the importer as well as the owner of the import company, personally.  As of September 30, 2013, $78,733 is owed to the Company along with interest receivable in the amount of $16,266.  The Company anticipates the line of credit being paid off before year end.