Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Notes Payable: Notes Payable consist of the following (Tables)

v2.4.0.8
Note 8 - Notes Payable: Notes Payable consist of the following (Tables)
3 Months Ended
Mar. 31, 2014
Tables/Schedules  
Notes Payable consist of the following

 

Notes payable consist of the following for the periods ended;

3/31/2014

12/31/2013

 

 

 

Promissory note from a related party dated December 30, 2013 with an interest rate stated at 8%. Interest and principal due at maturity December 30, 2014.

$11,250

$9,000

 

 

 

Promissory note from a related party dated December 30, 2013 with an interest rate stated at 8%. Interest and principal due at maturity December 30, 2014.

3,750

3,000

 

 

 

Promissory note from a related party dated December 30, 2013 with an interest rate stated at 8%. Interest and principal due at maturity December 30, 2014.

750

0

 

 

 

Promissory note from a related party dated December 30, 2013 with an interest rate stated at 8%. Interest and principal due at maturity December 30, 2014.

1,500

750

 

 

 

Total Notes Payable

17,250

12,750

 

 

 

Less Current Portion

17,250

12,750

 

 

 

Long Term Notes Payable

$0

$0

 

 

 

All are classified as short term by the Company. Accrued interest on these notes totaled.

$510

$0