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Related Party Payable - Stockholders' Loan
3 Months Ended
Mar. 31, 2014
Related Party Payable - Stockholders Loan  
Related Party Payable - Stockholders' Loan

NOTE C – RELATED PARTY PAYABLE – STOCKHOLDERS’ LOAN

 

During the year ended December 31, 2012, the Company received loan from Service Merchants Corp, a related party totaling $7,700 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand.

 

During the year ended December 31, 2013, the Company received loans from a shareholder of the company through Global Merchant Corp, a related party totaling $11,289 towards various operating expenses. The loans are unsecured, non-interest bearing and due on demand.

 

During the year ended December 31, 2013, the Company received a loan from a shareholder of the company through Sterling Investment Corp, a related party totaling $1,000 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand.

 

During the three months period ended March 31, 2014, the Company received a loan from a shareholder of the company through Service Merchants Corp, a related party totaling $2,000 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of March 31, 2014, $9,700 was due to Service Merchant Corp.

 

During the three months period ended March 31, 2014, the Company received a loan from a shareholder of the company through Sterling Investment Corp, a related party totaling $650 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of March 31, 2014, $1,650 was due to Sterling Investment Corp.

 

During the three months period ended March 31, 2014, the Company received loan from a shareholder of the company through Global Merchant Corp, a related party totaling $1,600 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of March 31, 2014, $12,889 was due to Global Merchant Corp.

 

During the three months period ended March 31, 2014, the Company received a loan from a shareholder of the company through Earth Wind Power Corp, a related party totaling $198 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of March 31, 2014, $198 was due to Earth Wind Power Corp,