Notes Payable

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Notes Payable

Note 6 Notes Payable

The Company has two notes payable to Paleface Holdings Inc. Each note is unsecured and payable on demand.

a) $25,000 note with annual interest payable at 8%.

As at September 30, 2016, accrued interest on the note was $23,297 (September 30, 2015 - $21,297). The note payable balance including accrued interest was $48,297 as at September 30, 2016 (September 30, 2015 - $46,297). Interest on the debt for each of the nine months ended September 30 was $1,500.

b) $22,825 ($30,000 CDN) with annual interest payable at 5%

As at September 30, 2016, accrued interest on the note was $10,841 (September 30, 2015 - $9,506). The note payable balance including accrued interest was $33,666 as at September 30, 2016 (September 30, 2015 - $31,892). Interest on debt for the nine months ended September 30 was $864 in 2016 and $839 in 2015.

The company also has an unsecured note payable on demand to Gens Incognito Inc. for $25,000. As at September 30, 2016, accrued interest on the note was $6,950 (September 30, 2015 - $3,950). The note payable balance including accrued interest was $31,950 as at September 30, 2016 (September 30, 2015 - $28,950)