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Real Estate Held for Sale
6 Months Ended
Jun. 30, 2016
Real Estate [Abstract]  
Real Estate Held for Sale

Note 4 – Real Estate Held for Sale

 

The Company owns real estate in the State of California. This asset was purchased for daily operations. The Company has since moved its basic operations to the Philippines. In 2013, a change in use on the building, improvements and the land was determined and these assets were converted to held for sale assets (see Note 3).

 

On March 17, 2015, The Company transferred the property and it accrued property taxes of $19,631 to its majority shareholder and reduced the shareholder related party note by $330,369.