Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
3 Months Ended
Jun. 30, 2015
Notes  
Related Party Transactions

NOTE 5 - RELATED PARTY TRANSACTIONS

 

On October 1, 2010, the Company entered into an eleven month lease for $5,000 per month with Bella Group Investments, an entity affiliated by common ownership with certain of the Company’s shareholders. The lease was not extended when it expired on August 31, 2011.

 

As of December 31, 2014, Mr. Clark has loaned the Company $27,578. The notes payable, are due on June 30, 2017, are non-interest bearing and have no collateral.

 

During the first six months of 2015, Mr. Clark loaned the Company an additional $7,517 in exchange for four notes payable, all of which are due on June 30, 2017. The notes are non-interest bearing and have no collateral.