LOANS FROM STOCKHOLDER AND AFFILIATE	6 Months Ended
Jun. 30, 2019
Receivables [Abstract]
LOANS FROM STOCKHOLDER AND AFFILIATE	4. LOANS FROM STOCKHOLDER 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 was to be repaid on June 30, 2019. Payment on this Note was extended via consent of Lone Star Value Investor, LP and via unanimous consent of the board and to December 31, 2019 and will continue to accrue interest at the stated rate of 10% of annum. 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 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. On August 10, 2018, the Company issued a promissory note to an affiliate of a shareholder in the amount of $15,000 (“2018 Note”). The proceeds of the 2018 Note will be used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest and principal on the loan 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. On May 13, 2019, the Company issued a promissory note to an affiliate of a shareholder in the amount of $15,000 (the “2019 Note”). The proceeds of the 2019 Note will be used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest and principal on the loan 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 six months ended June 30, 2019 and June 30, 2018, the Company recognized aggregate interest expense in the amount of $5,407 and $4,463 respectively. During the three months ended June 30, 2019 and 2018, the Company recognized interest expense in the amount of and $2,819 and $2,244, respectively. Total accrued interest on the combined 2014 Note, 2016 Note, 2018 Note, and 2019 Note is $38,489 and $33,082 as of the June 30, 2019 and December 31, 2018 respectively. As of September 30, 2018, the Company had $821 payable to Lone Star Value Management as reimbursement for a payment made to the Company’s transfer agent on the Company’s behalf. This amount is included in accounts payable and accrued liabilities on the accompanying June 30, 2019 balance sheet.

LOANS FROM STOCKHOLDER AND AFFILIATE

6 Months Ended

Jun. 30, 2019

4. LOANS FROM STOCKHOLDER 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 was to be repaid on June 30, 2019. Payment on this Note was extended via consent of Lone Star Value Investor, LP and via unanimous consent of the board and to December 31, 2019 and will continue to accrue interest at the stated rate of 10% of annum.

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 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.

On August 10, 2018, the Company issued a promissory note to an affiliate of a shareholder in the amount of $15,000 (“2018 Note”). The proceeds of the 2018 Note will be used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest and principal on the loan 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.

On May 13, 2019, the Company issued a promissory note to an affiliate of a shareholder in the amount of $15,000 (the “2019 Note”). The proceeds of the 2019 Note will be used for ongoing operating expenses. The loan bears interest at 10% per annum. Interest and principal on the loan 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 six months ended June 30, 2019 and June 30, 2018, the Company recognized aggregate interest expense in the amount of $5,407 and $4,463 respectively. During the three months ended June 30, 2019 and 2018, the Company recognized interest expense in the amount of and $2,819 and $2,244, respectively. Total accrued interest on the combined 2014 Note, 2016 Note, 2018 Note, and 2019 Note is $38,489 and $33,082 as of the June 30, 2019 and December 31, 2018 respectively.

As of September 30, 2018, the Company had $821 payable to Lone Star Value Management as reimbursement for a payment made to the Company’s transfer agent on the Company’s behalf. This amount is included in accounts payable and accrued liabilities on the accompanying June 30, 2019 balance sheet.