Related Party Transactions

12 Months Ended

Dec. 31, 2014

Notes

Related Party Transactions

Note 4:  Related Party Transactions

Between August 2005 and September 2006, a company owned and controlled by an officer and director of the Company, advanced $50,000 to the Company.  The officer and director resigned in September 2006.  On October 23, 2006, the Company entered into a Debt Settlement Agreement whereby 100% of the $50,000 debt was exchanged for 1,000,000 Series E Preferred Shares.  In June 2013, the Company repurchased these shares for $109,416and 200,000 shares of common stock.

From December 31, 2008 until June 19, 2013, a director of the Company advanced money to the company and the amounts were converted into the following promissory notes:

Date	Amount
September 30, 2011	$10,900
December 30, 2011	$1,500
March 31,2012	$16,335
June 30,2012	$500
July 23,2012	$6,000
November 6, 2012	$4.000
February 26, 2013	$5,000
April 2, 2013	$100
May 20, 2013	$1,300
June 19, 2013	$8,903

All of the money was used to pay operating expenses.  All of the notes accrued interest at 2% annually until repaid.  Accrued interest on these notes at the time of payoff was $1,046.  The notes were paid in full on June 19, 2013.

On June 18, 2013, the board of directors approved a Securities Purchase Agreement with Brett Bertolami, whereby Mr. Bertolami agreed to Purchase 1,000,000 shares of Series E Preferred Stock for an aggregate purchase price of $165,000.

On June 18, 2013, the board of directors approved a Repurchase Agreement with Capital Advisors, LLC, the sole preferred stockholder at the time, to buy back 1,000,000 shares of Series E Preferred Stock for $109,416 and 200,000 shares of common stock.

On March 31, 2014, Brett Bertolami, the sole officer and director of the Company converted advanced money to the company into a promissory note for $400.  The money was used to pay operating expenses.  The note will accrue interest at 2% annually until repaid.  As of December 31, 2014, interest payable is $6.

For 2014 and 2013, the sole officer and director of the Company has provided office space at no cost to the Company