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Note 5 - Short Term Loans Payable - Related Party
3 Months Ended
Mar. 31, 2017
Short-term Related Party Loan Payable [Member]  
Notes to Financial Statements  
Short-term Debt [Text Block]
NOTE 
5
 – SHORT TERM LOANS PAYABLE- RELATED PARTY
 
 
Short-term loans payable related party consist of the following at
March
31,
2017
and
December
31,
2016:
 
 
Description
 
201
7
 
 
201
6
 
Short-term related party loan payable to Bill Chaaban, President of Cen Biotech, which bears an interest at 10% per annum. This is an unsecured loan with a maturity date of December 31, 2017.
  $
245,269
    $
244,948
 
                 
Short-term related party loan payable to a former director of Creative Edge, which bears an interest at 10% annum. This is an unsecured loan with a maturity date of December 31, 2017.
   
601,500
     
601,500
 
                 
Total Short-term Loan Payable Relate Party
  $
846,769
    $
846,448