Robert Gunther, the Company’s Chief Financial Officer and a director, loaned the Company $10,000 in exchange for which the Company issued its Promissory Note (“Note”) in the principal amount of $10,000.00 with a maturity date of July 1, 2016 (“Maturity Date”) .
The loan proceeds will be used for general working capital purposes.
WHAT DOES THIS TELL YOU???
JMO