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Note 3 Related Party Transactions
3 Months Ended
Mar. 31, 2017
Notes  
Note 3 Related Party Transactions

NOTE 3 RELATED PARTY TRANSACTIONS

 

Management Compensation - During the three months ended March 31, 2017 and 2016, the Company did not pay any compensation to its officers and directors.

 

Office Space - The Company has not had a need to rent office space.  An officer/shareholder of the Company is allowing the Company to use his home as a mailing address, as needed, at no expense to the Company.

 

Notes Payable - In December 2014, the Company borrowed $25,000 from the majority shareholder pursuant to an unsecured promissory note, which is due on demand and accrues interest at 12% per annum, or $750 per quarter.  The note has accrued $6,750 in interest since its inception, of which $6,000 remains payable at March 31, 2017.