Annual report pursuant to Section 13 and 15(d)

Note 3 - Summary of Significant Accounting Policies: Deferred Financing Costs (Policies)

v3.8.0.1
Note 3 - Summary of Significant Accounting Policies: Deferred Financing Costs (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Deferred Financing Costs

Deferred Financing Costs

 

The Company follows authoritative guidance for accounting for financing costs as it relates to convertible debt issuance cost. These costs are deferred and amortized over the term of the debt period or until redemption of the convertible debentures. Amortization of deferred financing costs amounted to $690,079 and $26,813 for the years ended December 31, 2017 and 2016.