Friday, November 13, 2015 11:21:46 AM
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
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