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Notes Payable
12 Months Ended
Dec. 31, 2013
Notes Payable  
Notes Payable

NOTE 5 - NOTES PAYABLE 

 

On February 22, 2012, the company issued two promissory notes in the value of $11,250 each for value received. These notes bear no interest and are payable on demand by the note holders. A promissory note of $11,250 issued to Al Kau was amended on September 3, 2012. See Note 4.

 

On March 6, 2012, the company issued two promissory notes in the value of $2,500 each for value received. These notes bear no interest and are payable on demand by the note holders.

 

On May 1, 2012, the company issued a promissory note in the value of $12,500 for value received. These notes bear no interest and are payable on demand by the note holder.

 

On May 10, 2012, the company issued a promissory note in the value of $12,500 for value received. These notes bear no interest and are payable on demand by the note holder.

 

On May 31, 2012, the company issued a promissory note in the value of $32,000 for value received. In May 2012, a total of $15,000 was paid back. These notes bear no interest and are payable on demand by the note holder.

 

On July 31, 2012, the company issued a promissory note in the value of $1,750 for value received. These notes bear no interest and are payable on demand by the note holder.  The promissory note was amended on June 18, 2013. See Note 4.

 

On November 5, 2012 the company issues a promissory note in the value of $16,667 for value received. These notes bear no interest and are payable on demand by the note holder.

 

On December 3, 2012 the company issues a promissory note in the value of $4,500 for value received. These notes bear no interest and are payable on demand by the note holder.

 

On September 3, 2012, the Company amended the promissory note with a carrying value of $11,250 issued to the Al Kau on February 22, 2012. The promissory note was amended on July 2, 2013. See Note 4 and Note 1 restatement. 

 

On January 8, 2013, the Company issued a promissory note in the amount of $6,000 from Al Kau. This note is unsecured, bears no interest and is payable on demand by the note holder.

 

On February 2, 2013, the Company issued a promissory note in the amount of $6,000 to Al Kau. This note is unsecured, bears no interest and is payable on demand by the note holder.

 

On February 22, 2013, the Company issued a promissory note in the amount of $6,000 to The Cellular Connection Limited. This note is unsecured, bears no interest and is payable on demand by the note holder.

 

On June 6, 2013, the Company issued a promissory note in the amount of $4,728 to The Cellular Connection Limited. This note is unsecured, bears no interest and is payable on demand by the note holder.

 

On December 16, 2013, the Company issued a promissory note in the amount of $1,889 to The Cellular Connection Limited. This note is unsecured, bears no interest and is payable on demand by the note holder.

 

As of December 31, 2013 and December 31, 2012 notes payable totaling $91,534 and $81,167, respectively, were outstanding. The balances are non-interest bearing, unsecured and have no specified terms of repayment.