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LOAN PAYABLE - Related Party
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12 Months Ended |
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Dec. 31, 2014
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| LOAN PAYABLE - Related Party |
NOTE 6 LOAN PAYABLE-Related Party
During the twelve months ended December 31, 2013, Mr. Maggiore, a significant shareholder, advanced the Company a total of $462,000. As discussed in Note 7, this amount was reclassified into convertible debt attributed to HEP Investments, LLC, of which Mr. Maggiore is a member. As of December 31, 2013, there was no balance due to Mr. Maggiore.
During the year ended December 31, 2014, Mr. Maggiore advanced the Company $134,670. This amount remained unpaid as of December 31, 2014.
During the fourth quarter of 2014, Officers, advanced the Company $6,344. These amounts remained unpaid as of December 31, 2014. |
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- Definition
Disclosure for loans payables No definition available.
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