Quarterly report pursuant to Section 13 or 15(d)

OTHER INCOME (EXPENSE)

OTHER INCOME (EXPENSE)	9 Months Ended
Sep. 30, 2016
OTHER INCOME (EXPENSE): {1}
OTHER INCOME (EXPENSE)	NOTE 9 - OTHER INCOME (EXPENSE) On July 15, 2014, the Company settled a dispute with one of its vendors. The settlement agreement calls for the Company to make 10 payments of $6,250. If the payments were not made timely, a total liability of $97,463 out of the gross amount recorded on the Company’s books of $191,146 would have been due. As a result of this settlement, $93,683 was recognized as “Other Income” on its Statement of Operations for the nine months ending September 30, 2014. During the nine months ended September 30, 2015, the Company met its obligation for timely payments and recognized an additional $34,963 (the difference between the $97,463 remaining liability and the agreed upon payments of $62,500) as "Other Income" on its Statement of Operations for the nine months ending September 30, 2015.

OTHER INCOME (EXPENSE)

9 Months Ended

Sep. 30, 2016

NOTE 9 - OTHER INCOME (EXPENSE)

On July 15, 2014, the Company settled a dispute with one of its vendors. The settlement agreement calls for the Company to make 10 payments of $6,250. If the payments were not made timely, a total liability of $97,463 out of the gross amount recorded on the Company’s books of $191,146 would have been due. As a result of this settlement, $93,683 was recognized as “Other Income” on its Statement of Operations for the nine months ending September 30, 2014.

During the nine months ended September 30, 2015, the Company met its obligation for timely payments and recognized an additional $34,963 (the difference between the $97,463 remaining liability and the agreed upon payments of $62,500) as "Other Income" on its Statement of Operations for the nine months ending September 30, 2015.