Another item mentioned that should have an 8-k for clarity?
NOTE-4 - NOTE RECEIVABLE
On December 17, 2013, the Company signed a receivable note with a KMBT, a manufacturer of machinery, in the aggregate amount of $285,000, at an interest rate of eight percent (8%) per annum. The drawdown notes can be prepaid upon five days notice and is payable nine months following its issuance. The amount receivable from KMBT at December 31, 2013, is shown net of the remaining unearned interest of $87,963 resulting in a balance of $197,037.