InvestorsHub Logo
Followers 7
Posts 172
Boards Moderated 0
Alias Born 11/28/2007

Re: None

Wednesday, 07/06/2016 11:43:45 AM

Wednesday, July 06, 2016 11:43:45 AM

Post# of 24336
NOTE 6 – LOANS PAYABLE



On July 1, 2015, the Company issued a promissory note in the amount of $22,500 for $15,000 cash. The note was due on July 1, 2016 and bears interest at 15% per annum. During the nine month period ended March 31, 2016, the Company has repaid the entire note balance.



On September 1, 2015, the Company issued a promissory note in the amount of $26,233 for $17,500 cash. The note was due on August 31, 2016 and bears interest at 15% per annum. During the nine month period ended March 31, 2016, the Company has repaid the entire balance.