NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of notes payable

Notes payable at September 30, 2016 consisted of the following:

Notes Issued under the Surrender and Amendment Agreement	$	1,428,650
Cape One Master Notes		344,000
Notes Issued Subsequent to Surrender and Amendment Agreement		49,630
Bridge loans		136,743
Total	$	1,959,023

Schedule of convertible debt

The following lists the creditors and the amounts owed to each

Alpha Anstalt Capital	$	900,000
Marlin Capital Investments LLC		210,000
Bull Hunter LLC		140,000
Oscaleta Partners LLC*		178,600
Total  Convertible debt	$	1,428,650

* - Net of $1,355 of Notes Payable converted

Schedule of total debt

Notes Issued subsequent to Surrender and Amendment comprised $49,630 as follows:

Notes reclassified from bridge notes	$	27,785
Newly issued debt		21,845
Total debt	$	49,630

Schedule of reconciliation of notes

A reconciliation of the Notes follows;

	August 10, 2016			August 31, 2016			Total
Cash proceeds received	$	15,000		$	15,000		$	30,000
Discount Applied		(4,596	)		(4,596	)		(9,192	)
Discount amortized into
Interest expense		658			378			1,036
Book value of notes	$	11,062		$	10,782		$	21,845

Schedule of bridge loans

The $136,743 at Omni Shrimp, Inc. was as follows:

Date Issued Originally	Amount		Interest Rate			Holder
February 12, 2016	$	111,000		5.25	%	Madeira Beach Seafood, Inc.
April 7, 2016		25,743		5.25	%	Madeira Beach Seafood, Inc.
Total	$	136,743