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NOTE 7 - SHORT-TERM BANK REVOLVING LINES OF CREDIT	9 Months Ended
Sep. 30, 2018
Notes to Financial Statements
NOTE 7 - SHORT-TERM BANK REVOLVING LINES OF CREDIT	(7) SHORT-TERM BANK REVOLVING LINES OF CREDIT In 2016 the Company, through three wholly-owned subsidiaries of a wholly owned subsidiary, opened three short term revolving lines of credit with its bank to be utilized as overdraft protection and to cover short-term cash shortfalls. These lines were entered into by J&F Restaurants, LLC, with the two separate lines being tied to the bank accounts of El Senor Sol - Evergreen and Illegal Burger - Evergreen, and Illegal Burger, LLC - Arvada. In February 2017 the principal stockholder converted these lines to a personal line of credit collateralized as an equity line on his personal residence. The lines carried a variable interest rate of Wall Street Prime Index Rate plus 2.00%, and matured in March 2021. In February 2017, the principal stockholder these lines to a personal line of credit collateralized as an equity line on his personal residence. At September 30, 2018 and December 31, 2017 the balances of each of these lines were $0.

NOTE 7 - SHORT-TERM BANK REVOLVING LINES OF CREDIT

9 Months Ended

Sep. 30, 2018

NOTE 7 - SHORT-TERM BANK REVOLVING LINES OF CREDIT

(7) SHORT-TERM BANK REVOLVING LINES OF CREDIT

In 2016 the Company, through three wholly-owned subsidiaries of a wholly owned subsidiary, opened three short term revolving lines of credit with its bank to be utilized as overdraft protection and to cover short-term cash shortfalls. These lines were entered into by J&F Restaurants, LLC, with the two separate lines being tied to the bank accounts of El Senor Sol - Evergreen and Illegal Burger - Evergreen, and Illegal Burger, LLC - Arvada. In February 2017 the principal stockholder converted these lines to a personal line of credit collateralized as an equity line on his personal residence. The lines carried a variable interest rate of Wall Street Prime Index Rate plus 2.00%, and matured in March 2021. In February 2017, the principal stockholder these lines to a personal line of credit collateralized as an equity line on his personal residence. At September 30, 2018 and December 31, 2017 the balances of each of these lines were $0.