Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.7.0.1
Subsequent Events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Event

Note 9 - Subsequent Events

 

On or about January 15, 2017, the Company was made aware that the master lease for their office space was in default. As a result, the Company ceased to pay rent. On or about March 31, 2017, the Company was served with an eviction notice as the master lease was still in default. The company owes two months, rent to the master lease holder. The company through its attorney is trying to negotiate with the landlord to remain in the building either in the same space or move to a new space on the premises.

 

From January 1 to April 17, 2017, the CEO made short term advances to the Company of $56,500. In addition, entities which the CEO controls made $22,100 in short term advances to the Company, for a total of $78,600.