Note 6 - Notes Payable

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE

6

– NOTE PAYABLE

Effective

March 30, 2019,

the Company borrowed

$50,000

which was used to fund the deposit for the Purchase and Sale Agreement with Premier Gas Company, LLC (see Note

7

). The note is due and payable on

April 30, 2019

and is secured by

50,000

shares of Company common stock. If the note is

not

paid by

April 30, 2019,

interest will accrue on the note at

$50

per day or

36.5%

per annum. As of

May 20, 2019,

the Company is in default and has accrued

$1,000

of interest.