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RELATED PARTY TRANSATIONS
6 Months Ended
Jun. 30, 2016
RELATED PARTY TRANSATIONS:  
RELATED PARTY TRANSATIONS

NOTE 3 – RELATED PARTY TRANSATIONS

 

During the six months ended June 30, 2016, the Company received advances from related parties totaling $6,700 to fund operations. The advances are non-interest bearing and due on demand. There was $7,475 and $775 due to related parties as of June 30, 2016 and December 31, 2015, respectively.

 

On April 20, 2016, the Company entered into a lease extension agreement with a related party to extend the term of the lease for a period of three years for consideration of $10 cash. The original lease was entered into on October 1, 2013 and set to expire on October 1, 2016. The extension is under the same terms as the original lease agreement and will expire on October 1, 2019.