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Note 11. Subsequent Event
9 Months Ended
Dec. 31, 2013
Notes  
Note 11. Subsequent Event

11.       Subsequent Events

 

On February 5, 2014, the Company extended the $38,000 unsecured note payable issued to a shareholder on January 11, 2012.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $20,000 unsecured note payable issued to a shareholder on December 6, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $25,000 unsecured note payable issued to a shareholder on October 19, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $20,000 unsecured note payable issued to a shareholder on September 30, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $20,000 unsecured note payable issued to a shareholder on September 2, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $24,000 unsecured note payable issued to a shareholder on August 5, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $40,000 unsecured note payable issued to a shareholder on July 7, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $36,000 unsecured note payable issued to a shareholder on May 9, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $100,000 unsecured note payable issued to a shareholder on June 24, 2011.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.

 

On February 5, 2014, the Company extended the $215,000 unsecured note payable issued to a shareholder on May 18, 2010.  The note bears interest at 10%, compounded annually and matures on May 31, 2014, with no change in original terms of the agreement.