CONCENTRATIONS

12 Months Ended

Dec. 31, 2015

Risks and Uncertainties [Abstract]

CONCENTRATIONS

NOTE 3: CONCENTRATIONS

Concentrations of Credit Risk

The Company maintains accounts with financial institutions. All cash in checking accounts is non-interest bearing and is fully insured by the Federal Deposit Insurance Corporation (FDIC). At times, cash balances in money market accounts may exceed the maximum coverage provided by the FDIC on insured depositor accounts. The Company believes it mitigates its risk by depositing its cash and cash equivalents with major financial institutions. There were no cash deposits in excess of FDIC insurance at March 31, 2015.

Concentrations of Funding

From inception through March 31, 2015, approximately 63% of funding was received from one related party director in the form of interest bearing line of credit loans (see Notes 7 and 9).  The $250,000 was refunded to the Company upon termination of this agreement.