Notes Payable - Related Parties

3 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Note 6 - Notes Payable - Related Parties

During the three months ended September 30, 2018, the Company borrowed $85,000 from a current shareholder with interest at 5%, payable in full at maturity.

During the three months ended September 30, 2018, the Company paid off a $19,426 loan from an individual investor.

During the three months ended September 30, 2018, the Company borrowed an additional $6,213 from an officer at 0%, payable in full in one year.

The Company incurred $27,757 of interest expense on these notes payable during the three months ended September 30, 2018.