|3 Months Ended|
Mar. 31, 2017
|Notes to Financial Statements|
|Note 8 - NOTES PAYABLE||
On July 7, 2014, the Company issued unsecured promissory notes in aggregate of $545,218 in settlement of previously issued convertible debentures dated April 3, 2013 and related accrued interest. The promissory notes include monthly payments of principal and interest, at 12% per annum, of $10,658 beginning August 15, 2014 through July 15, 2016 with the remaining unpaid balance due on or before July 15, 2016. During the three months ended March 31, 2017, the Company paid as full settlement the remaining outstanding promissory note of $172,748.
The entire disclosure for other liabilities.
Reference 1: http://www.xbrl.org/2003/role/presentationRef