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NOTE 7 - STOCKHOLDER LOAN
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
(7) STOCKHOLDER LOAN

(7) STOCKHOLDER LOAN

 

From time to time the principal stockholder of the Company has loaned funds to the Company on an undocumented basis with no stated interest rate. These loans were made principally to complete the conversion of the Illegal Burger - Arvada (2014), Illegal Burger - Writer Square (2015 and 2016), Illegal Burger Capital Hill (2016) and Illegal Burger CitiSet (2018) locations. This stockholder loan balance was $257,623 and $0 at March 31, 2020 and December 31, 2019, respectively.