Long-Term Debt Related Parties (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Related Parties

The following is a summary of long-term debt - related parties as of June 30, 2018 and December 31, 2017:

		2018		2017
Promissory note – CEO	(a)	$	689,755	$	591,512
Note payable - shareholder	(b)		42,000		32,000
		$	731,755	$	623,512

(a) This is a loan from the CEO entered into January 1, 2015, and is unsecured. The loan bears interest at 15% annually (1.25% monthly). During the six months ended June 30, 2018, the CEO made additional advances of $98,244. Interest expense on this loan for the six months ended June 30, 2018 was $45,708. Accrued interest on this loan at June 30, 2018 is $244,161.

(b) Notes payable to Satinder Thiara entered into May 25, 2016 ($22,000), December 13, 2016 ($10,000), and May 1, 2018 ($10,000) at interest rate of 15% annually (1.25% monthly). These are unsecured loans. Interest expense on these loans for the six months ended June 30, 2018 was $2,650. Accrued interest on these loans at June 30, 2018 is $9,650. Satinder Thiara is a shareholder of the Company.