RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

NOTE 9 - RELATED PARTY TRANSACTIONS

The Company had convertible notes payable to related parties totaling $1,447,041 as of December 31, 2016 and 2015. See Note 5 for detailed disclosure of this related party debt, including interest rates, terms of conversion and other repayment terms. Accrued interest payable to related parties was $354,165 and $209,461 as of December 31, 2016 and 2015, respectively.

On October 8, 2015, Craig Holland converted $4,607 principal and $2,028 accrued interest into 12,637,860 shares of the Company’s common stock at a conversion price of $0.000525 per share.

On October 8, 2015, Mick Donahoo converted $4,607 principal and $2,028 accrued interest into 12,637,860 shares of the Company’s common stock at a conversion price of $0.000525 per share.