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Convertible Note Receivable - Related Party
3 Months Ended
Mar. 31, 2017
Convertible Note Receivable - Related Party / Notes Payable / Convertible Notes Payable [Abstract]  
Convertible Note Receivable - Related Party

Note 3 - Convertible Note Receivable – Related Party

 

On September 20, 2016, the Company entered into a Binding Memorandum of Understanding (“MOU”) agreement with CSES Group, Inc. In connection with the MOU, the Company provided a $250,000 bridge loan to CSES Group, Inc., bearing interest at the rate of 10% per annum. As of March 31, 2017 and December 31, 2016, the Company has a balance of $250,000 outstanding. The Company merged with CSES Group, Inc. on April 27, 2017 and upon completion of the merger, the $250,000 notes were converted into common shares of Alltemp, Inc.