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Note 3. Related Party Transactions: Schedule of Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2015
Tables/Schedules  
Schedule of Related Party Transactions

On March 25, 2014, our President and principal shareholder assigned accumulated advances and accruals totaling $124,229, to an unaffiliated third party. The advances carry no specific terms of repayment. On December 15, 2014, $22,375 of the then outstanding balance was converted to a promissory note (see Note 4 below). A summary of transactions is as follows:

 

September 30, 2015

December 31, 2014

Beginning balance

$

-

$

161,729

Increase due to payments made on behalf of the company

$

-

$

21,625

Less March 24, 2014 conversion to convertible note

$

-

$

(40,000)

Less December 15, 2014 conversion to promissory note

$

-

$

(22,375)

Obligation transferred to unrelated party

$

-

$

(120,979)

Total

-

-

Less current portion

-

-

Due after one year

$

-

$

-