Annual report pursuant to Section 13 and 15(d)

Note Payable - Related Party

Note Payable - Related Party

12 Months Ended

Dec. 31, 2015

Note Payable - Related Party [Abstract]

NOTE 7 – NOTE PAYABLE – RELATED PARTY

The Company had the following related party notes payable as of December 31, 2015 and 2014:

						Balance at December 31,
Description	Issuance Date	Maturity Date	Interest Rate			2015		2014

Michael J. Doron	July 8, 2015	September 8, 2015		7.0	%	$	2,500	$	-
Charels C. Bream III	July 8, 2015	September 8, 2015		7.0	%		2,500		-
Charels C. Bream III	August 24, 2015	November 23, 2015		7.0	%		1,000		-

Total						$	6,000	$	-

The notes payable to related parties with the maturity date that has matured at the time the financial statements are issued continued to accrue interest and no default penalties were incurred. Interest expense for notes payable amounted to $1,625 and $0 for the years ended December 31, 2015 and 2014, respectively.

Interest expense for notes payable amounted to $210 and $0 for the years ended December 31, 2015 and 2014, respectively.