Quarterly report pursuant to Section 13 or 15(d)

Notes Payable - Related Party

Notes Payable - Related Party

9 Months Ended

Sep. 30, 2016

Notes Payable - Related Party [Abstract]

NOTES PAYABLE - RELATED PARTY

NOTE 7 – NOTES PAYABLE – RELATED PARTY

The Company had the following related party notes payable as of September 30, 2016 and December 31, 2015:

Description		Issuance Date		Maturity Date		Interest Rate				September 30, 2016 (unaudited)				December 31, 2015

Michael J. Doron		July 8, 2015		September 8, 2015			7.0	%		$	2,500			$	2,500
Charles C. Bream III		July 8, 2015		September 8, 2015			7.0	%			2,500				2,500
Charles C. Bream III		August 24, 2015		November 23, 2015			7.0	%			1,000				1,000
Charles C. Bream III		August 1, 2016		September 30, 2016			6.0	%			10,000				-

Total										$	16,000			$	6,000

Interest expense for notes payable-related party amounted to $204 and $0 for the quarter (3 months) ended September 30, 2016 and 2015.