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RELATED-PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2015
RELATED-PARTY TRANSACTIONS [Text Block]

NOTE 4 – RELATED PARTY TRANSACTIONS

At March 31, 2015 and December 31, 2014, the Company has short-term debt of $46,190 and $46,707, respectively, due to one of its majority shareholders. The loan will be paid back from proceeds of the debenture financing that is expected to be completed by the end of the second quarter of 2015. The loan is accruing interest at a rate of 0%.