Note 13- Related Party Transactions

3 Months Ended

Mar. 31, 2016

Notes

Note 13- Related Party Transactions

NOTE 13 – RELATED PARTY TRANSACTIONS

Several of the consulting agreements discussed in Note 12 are with related parties.  Related parties consist primarily of our executive officers, directors and individuals affiliated through family relationships with our officers and directors.  There was no compensation expense paid in common shares to related parties during the three months ended March 31, 2016 and 2015.

In addition to compensation expense paid in stock, we had the following amounts paid for consulting and professional fees to related parties during the three months ended:

	March 31,
	2016	2015
Founder, stockholder	$44,297	$60,072
Family of officers and directors	63,250	64,803
Total related parties	$107,547	$124,875

As of March 31, 2016 and December 31, 2016, we had convertible debentures of $5,000, $46,600, $112,663 and $8,000 payable to four family members of our executive officers. The outstanding principal and interest are convertible into shares of our common stock at a conversion prices ranging from $0.0025 to $30 per share.  We also had a short-term, non-interest bearing note payable of $5,000 to a related party as of March 31, 2016 and December 31, 2015.

Accrued interest payable to these related parties totaled $39,399 and $30,731 at March 31, 2016 and December 31, 2015, respectively.

As of March 31, 2016 and December 31, 2015, we had stockholder advances payable to related parties totaling $83,023.