Subsequent Events

12 Months Ended

Dec. 31, 2014

Subsequent Events

12. Subsequent Events

The following are the subsequent events:

During the 1st quarter 2015 the Company extended all of its notes due during that period. The following are the details of the extensions:

Fairfield Management Company extended to March 31, 2016

Apex Financial Services Corporation extended to March 31, 2016

Pikerni LLC extended to March 31, 2016

Burlingame Equity Investors II, LP extended to April 28, 2016 (reviewing a longer term)

CityWide Bank extended to April 28, 2015 longer extension pending the review of the reserve study and 10K 2014