XML 1037 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
Subsequent Events
12 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]  
Subsequent Events

NOTE 8.  SUBSEQUENT EVENTS

Subsequent to December 31, 2014, the Company received an additional $20,000 in loans from West Coat Vape Supply. The note is non-interest bearing, payable on demand and is due no later than March 20, 2020. The note also contains a conversion feature that allows West Coast Vape Supply to convert into shares of restricted common stock at any time after the first year’s anniversary of the date of the Loan Agreement, at the price based upon either: a) the price of its most recent private placement offering, closest to the time of conversion, b) if publicly -traded, then the bid price of its common stock on the closing day of conversion at 4pm EST.

On January 28, 2015, the Company entered into a consulting agreement with ETN Services, LLC (“Consultants”). Per the agreement, the Consultants will provide business development and related advisory services. For rendering these services, the Company agreed to pay the Consultants a total of $20,000.