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Note Receivable	9 Months Ended
Sep. 30, 2016
Notes
Note Receivable	6. NOTE 6: NOTE RECEIVABLE On June 15, 2015, the Company granted REP Caribbean Development Corporation, a third party, a short term advance in the amount of $250,000. The repayment was due on November 30, 2015, with a fixed interest payment of $5,000. The advance is secured by a non-related Swiss individual. On December 10, 2015, the advance was increased by $25,000. Including accrued fixed interest, the overdue amount at September 30, 2016 was approximately $280,000.

Note Receivable

9 Months Ended

Sep. 30, 2016

6. NOTE 6: NOTE RECEIVABLE

On June 15, 2015, the Company granted REP Caribbean Development Corporation, a third party, a short term advance in the amount of $250,000. The repayment was due on November 30, 2015, with a fixed interest payment of $5,000. The advance is secured by a non-related Swiss individual. On December 10, 2015, the advance was increased by $25,000. Including accrued fixed interest, the overdue amount at September 30, 2016 was approximately $280,000.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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