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RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2015

NOTE 8 - RELATED PARTY TRANSACTIONS

Note Payable

During the period ended September 30, 2015, a corporation controlled by the company's officers paid operating expenses totaling $53,400. Unpaid balances are due on demand and accrue an annual interest rate of 12%.

	Note payable –		Accrued interest –
	Nexus BioFuel		Nexus BioFuel
Balance, December 31, 2014	$	3,078	$	39
Increase for the period		53,400		2,369
Balance, September 30, 2015	$	56,478	$	2,408

The Company plans to pay the note payable and accrued interest as cash flows become available.

Other

The controlling shareholder has pledged their support to fund continuing operations. However, there is no written commitment to this effect.

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by management of the Company to use at no charge.

The Company does not have any employment contracts with any of its related parties.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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