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7. Notes Payable - Related Parties
3 Months Ended
Mar. 31, 2018
Notes Payable [Abstract]  
Notes Payable - Related Parties

The Company borrowed $20,000 from the unsecured line of credit financing agreement with a related party during the first quarter. The LOC Agreement was entered into on September 17, 2017 and provides for working capital of up to $75,000 with interest at 6% due quarterly through January 2, 2023. The balance is $70,000 at March 31, 2018.

 

A 7% note payable of $25,000 due to a related party matured on March 31, 2018 and is classified as a current liability in the accompanying balance sheet at March 31, 2018.