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NOTES PAYABLE - CURRENT
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
NOTES PAYABLE - CURRENT

Notes payable consists of the following:

 

   December 31,
           2015         2014
       
    Note payable, 10%, unsecured  $30,000   $30,000 
    Note payable, 10%, secured by Software (A)   42,000    0 
   $72,000   $30,000 
(A)Note payable, 10%, secured by Software - During 2015, the Company issued a note in connection with the purchase of Software (see note 5). The note is due on June 30, 2016.

 

Notes payable - related parties consist of:

 

   December 31,
           2015         2014
       
    Convertible demand note payable to employee, 11% (A)  $49,776   $59,000 
    Demand note payable to former director, 10%, unsecured   30,000    30,000 
    Convertible demand note payable to former director, 12%,          
      unsecured (B)   40,000    40,000 
   $119,776   $129,000 
(A)Convertible demand note payable to employee, 11% - At December 31, 2015 and 2014, the Company was obligated to an employee for $49,776 and $59,000, respectively, with interest at 11%. The note is secured by a subordinate lien on all of the Company's assets. The principal and accrued interest are convertible at the option of the holder into shares of common stock at $.16 per share.

  

(B) Convertible demand note payable to former director, 12%, - At December 31, 2015 and 2014, the Company was obligated to a former director for $40,000 with interest at 12%. The note is unsecured and the principal is convertible at the option of the holder into shares of common stock at $.11 per share.