RELATED PARTIES TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2015

Notes payable – related parties consists of the following at June 30, 2015:

Promissory note payable to the non-employee Board of Director, secured by up to $200,000 in and to all of the Company’s right, title and interest in its fixed assets, inventory, receivables, and all documents including its books, records, and files; bearing interest at 21.21% per annum, due in monthly principal and interest payments of $8,585, matured on November 1, 2014	$	7,083

Promissory note payable to Chief Executive Officer, unsecured, payable in twelve monthly principal payment of $2,250 beginning June 15, 2015, with interest at 10% per annum with payments monthly in shares of stock based on the monthly weighted average price of the stock, maturing May 15, 2016.		24,599

Less amounts due within one year		31,682

Long-term portion of notes payable	$	—

	$	31,682

Notes payable – related parties consists of the following at December 31, 2014:

Promissory note payable to the non-employee Board of Director, secured by up to $200,000 in and to all of the Company’s right, title and interest in its fixed assets, inventory, receivables, and all documents including its books, records, and files; bearing interest at 21.21% per annum, due in monthly principal and interest payments of $8,585, matured on November 1, 2014	$	14,167

Less amounts due within one year		14,167

Long-term portion of notes payable	$	—

	$	14,167

As of June 30, 2015, principal payments on the notes payable – related parties are as follows:

Other liabilities and accrued interest– related parties consists of the following at:

	June 30, 2015		December 31, 2014

Year-end 2012 bonus payable to Chief Executive Officer	$	67,000	$	67,000
Year-end 2012 bonus payable to employee		17,500		17,500
Accrued interest on note payable non-employee Board of Director		1,502		3,004
Due to Principals of Carleigh Rae Corp., net		6,017		6,017
	$	92,019	$	93,521