SHORT-TERM BORROWINGS TO UNRELATED PARTIES (Tables)

3 Months Ended

Mar. 31, 2016

SHORT-TERM NOTES PAYABLE TO UNRELATED PARTIES [Abstract]

Summary of the principal and interest activity

Below is a summary of the principal and interest activity for the period ended March 31, 2016:

	Principal		Interest
Balance at December 31, 2015	$	750,000	$	10,452
Principal advances and accrued interest		200,000		28,058
Principal payments and interest		-		-
Balance at March 31, 2016	$	950,000	$	38,510