NOTE 10 – SUBSEQUENT EVENTS On July 30, 2015, the Company’s majority owned subsidiary, Landis Salons, Inc. obtained a loan in the amount of $250,000 from On Deck Capital, Inc. The term of the loan is for 15 months with an effective interest rate of 20%. The loan is a merchant services loan that has weekly payments. The Company’s CEO, Richard Surber, personally guaranteed the loan.
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