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Related Party Transactions
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Note 4 - Related Party Transactions

No salaries were paid to directors or executives during the period ended June 30, 2015.

 

During the six months ended June 30, 2015, the Company received advances from related parties totaling $12,835 to fund operations with a total balance of $50,084 due to related parties as of June 30, 2015. These loans are non-interest bearing, due on demand and, as such, are included in current liabilities. Imputed interest has been considered but was determined to be immaterial to the financial statements as a whole, and because such advances have been made in the ordinary course of business without anticipation of interest being paid or any other economic benefit to be received.