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Demand Notes and Accrued Interest Payable
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Demand Notes and Accrued Interest Payable

The Company has three notes payable. Each note is unsecured and payable on demand.

 

    March 31, 2020     December 31, 2019  
             
Note payable bearing interest at 8%   $ 25,000     $ 25,000  
Accrued interest there on     30,297       29,797  
      55,297       54,797  

 

    March 31, 2020     December 31, 2019  
             
Note payable bearing interest at 5%                
(Debt is Canadian $30,000)     21,127       23,077  
Accrued interest there on     13,732       14,712  
      34,859       37,789  
                 
    March 31, 2020     December 31, 2019  
 Note payable bearing interest at 12%     25,000       25,000  
Accrued interest there on     17,438       16,690  
      42,438       41,690  
                 
Total debt and interest payable   $ 132,594     $ 134,276  
                             

 

Interest accrued on the note bearing 8% interest was $500 for the three months ended March 31, 2020 (2019 - $500).

 

Interest accrued on the note bearing 5% interest was $264 for the three months ended March 31, 2020 (2019 - $282).

 

Interest accrued on the note bearing 12% interest was $748 for the three months ended March 31, 2020 (2019 - $748).