XML 18 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Note Payable
3 Months Ended
Mar. 31, 2017
Notes  
Note 5 - Note Payable

NOTE 5 - NOTE PAYABLE

 

On June 14, 2016, the Company issued a promissory note in the original principal amount of $35,000 to an unaffiliated lender. The Note is due on June 14, 2017 and carries an interest rate of 8% per annum.  Interest expense for the three months ended March 31, 2017 totaled $690, resulting in accrued interest at March 31, 2017 of $2,224.