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Note Payable Disclosure
3 Months Ended
Jun. 30, 2013
Notes  
Note Payable Disclosure

NOTE 2 NOTE PAYABLE

 

Note payable at June 30, 2013 consists of a $50,000 demand, balloon note payable to an unrelated individual bearing no interest. The loan is unsecured and has no specific maturity date. The note is bearing interest at the rate of 8% per annum. The accrued interest related to this note was $1,917 and $0 for the quarter ended June 30, 2013 and 2012, respectively.