They have 3 notes in default.
Here are the 3 notes listed:
Note payable dated January 1, 2017 bearing interest at 8%, due September 30, 2017. The note is secured by the membership interest of Premier Purchasing and Marketing Alliance, LLC held by the Company. The note is in default; however no notice of default received at the date of filing. 50,000 50,000
Note payable dated January 1, 2017 bearing interest at 0.0%, due in three installments ending March 31, 2017. The note is in default; however no notice of default received at the date of filing. 50,000 50,000
Non-interest bearing note payable dated January 1, 2017, due on March 1, 2017. The note is secured by the membership interest of Premier Purchasing and Marketing Alliance, LLC held by the Company, which have a net book value of $210,388. The note is in default; however no notice of default received at the date of filing. 36,830 36,830