Note 9 - Loans Payable

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Short-term Debt [Text Block]

NOTE

9

– LOANS PAYABLE

Loans payable consist of the following at

December 31, 2017

and

2016:

	2017		2016
Loan payable to Global Holdings International, LLC, which bears interest at 15% per annum after defaulting on the maturity date of June 30, 2016. This note is secured by the Company's equipment.	$	9,675,000	$	9,675,000
Mortgage payable to ARG & Pals, Inc., for the original amount of CAD $385,000. The mortgage bears interest at 22% per annum, with an extended maturity date of September 21, 2018.		306,883		287,287
Total loans payable (all current)	$	9,981,883	$	9,962,287

We are in default of

$9,675,000

of debt that is secured by certain equipment that we value at approximately

$11,000.