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OTHER PAYABLE
6 Months Ended
Jun. 30, 2015
Other Liabilities Disclosure [Abstract]  
OTHER PAYABLE
NOTE 5 – OTHER PAYABLE
 
 
 
June 30
 
 
December 31
 
 
 
2015
 
 
2014
 
 
 
$
 
 
$
 
 
 
 
 
 
 
 
Whiskey License and Distribution Agreement
 
 
75,000
 
 
 
75,000
 
 
The above payable arose from the acquisition of a License Agreement purchased from New World Whiskey Distillery (Pty) Ltd (an Australian corporation) to sell and distribute Blue Harbour Whiskey in the Middle East and Europe. The payable is unsecured, bears no interest and is repayable on or before July 1st, 2015. Per Zur Dadon, the payment has not yet been made and discussions are being held for an extension of the agreement. As part of the agreement, the Company will pay 2% of any net business profits earned under this license agreement, which will be deducted from the outstanding balance owing.