LOANS FROM SHAREHOLDER AND AFFILIATE	9 Months Ended
Sep. 30, 2017
Receivables [Abstract]
LOANS FROM SHAREHOLDER AND AFFILIATE	4. LOANS FROM SHAREHOLDER AND AFFILIATE On June 6, 2014, a shareholder, Lone Star Value Investors, LP was issued a promissory note by the Company in the amount of $50,000 (2014 Note). The proceeds of the note are being used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest on the loan and the full amount of the principal is to be repaid on June 30, 2019. On August 2, 2016, the Company issued a promissory note to an affiliate of Lone Star Value Investors, LP in the amount of $40,000 (2016 Note). The proceeds of the 2016 Note will be used for ongoing operating expenses. The 2016 Note bears interest at 10% per annum. Interest and principal on the 2016 Note is to be repaid on August 31, 2021, and all payments are subordinate to the payment of all outstanding amounts due under the 2014 Note. During the nine months ended September 30, 2017 and September 30, 2016, the Company recognized interest aggregate interest expense in the amount of $6,732 and $4,399 respectively. Total accrued interest on the 2014 Note and 2016 Note is $21,256 and $14,524 as of the September 30, 2017 and December 31, 2016 respectively. During the three months ended September 30, 2017 and 2016, the Company recognized interest expense in the amount of $2,281 and $1,913, respectively.

LOANS FROM SHAREHOLDER AND AFFILIATE

9 Months Ended

Sep. 30, 2017

4. LOANS FROM SHAREHOLDER AND AFFILIATE

On June 6, 2014, a shareholder, Lone Star Value Investors, LP was issued a promissory note by the Company in the amount of $50,000 (2014 Note). The proceeds of the note are being used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest on the loan and the full amount of the principal is to be repaid on June 30, 2019.

On August 2, 2016, the Company issued a promissory note to an affiliate of Lone Star Value Investors, LP in the amount of $40,000 (2016 Note). The proceeds of the 2016 Note will be used for ongoing operating expenses. The 2016 Note bears interest at 10% per annum. Interest and principal on the 2016 Note is to be repaid on August 31, 2021, and all payments are subordinate to the payment of all outstanding amounts due under the 2014 Note.

During the nine months ended September 30, 2017 and September 30, 2016, the Company recognized interest aggregate interest expense in the amount of $6,732 and $4,399 respectively. Total accrued interest on the 2014 Note and 2016 Note is $21,256 and $14,524 as of the September 30, 2017 and December 31, 2016 respectively. During the three months ended September 30, 2017 and 2016, the Company recognized interest expense in the amount of $2,281 and $1,913, respectively.