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Stockholder Loans - Related Parties
9 Months Ended
Sep. 30, 2014
Stockholder Loans - Related Parties  
Stockholder Loans - Related Parties

NOTE C – STOCKHOLDER LOANS – RELATED PARTIES

 

During the year ended December 31, 2012, the Company received loans 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 three months period ended March 31, 2014, the Company received a loan from Service Merchants Corp, a related party, totaling $2,000 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand.

 

As of September 30, 2014, $9,700 was due to Service Merchant Corp.

 

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

 

As of September 30, 2014, $12,889 was due to Global Merchant Corp.

 

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 nine months ended September 30, 2014, the Company received a loan from a shareholder of the company through Sterling Investment Corp, a related party, totaling $2,450 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand.

 

As of September 30, 2014, $3,450 was due to Sterling Investment Corp.

 

During the three month period ended March 31, 2014, the Company received a loan from Earth Wind Power Corp, a related party totaling $198 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand.

 

As of September 30, 2014, $198 was due to Earth Wind Power Corp,