Note 5 - Short Term Loans Payable - Related Party

9 Months Ended

Sep. 30, 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

to related parties consist of the following at

September 30, 2017

and

December 31, 2016:

Description	2017		2016
Short term related party loan payable to Bill Chaaban, President of Cen Biotech, bears interest at 10% per annum. This is an unsecured loan with a maturity date of December 31, 2017.	$	247,627	$	244,948
Short term related party loan payable to a former director of Creative Edge, bears interest at 10% per annum. This is an unsecured loan with a maturity date of December 31, 2017.		601,500		601,500
Total Short Term Loans Payable	$	849,127	$	846,448