Short-term Debt - Related Parties

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Short-term Debt - Related Parties

Note 5 – Short-term Debt – Related Parties

The Company’s short-term debt from related parties consisted of the following:

	December 31,
	2015		2014
Loans from former related party	$	149,500	$	149,500
Loans from chief executive officer		145,440		-
Loans from Taiwan Life, Inc.		151,459		-
Loans from Taiwan Life Funeral Enterprises Ltd.		9,090		9,438
	$	455,489	$	158,938

The Company’s chief executive officer is chairman of and owns a 20% equity interest in Taiwan Life, Inc.

The Company’s chief executive officer is chairman of and owns a 45% equity interest in Taiwan Life Funeral Enterprises Ltd.

All of these loans are interest free, unsecured and are payable on demand.