Note 4 Note Payable
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12 Months Ended |
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Dec. 31, 2013
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Notes | |
Note 4 Note Payable |
Note 4 Note Payable
The Company had a note payable for $6,000 to a company related by common control, unsecured, which bore no interest until June 28, 2011 and 6% compounded monthly thereafter, with principal and interest due in full at June 28, 2012. The note was converted into 2,730,000 shares of common stock by the Holder in December 2012 at $0.002 per share, who also contributed interest due of $563 to the capital of the Company. Interest expense on the note was $381 for the year ended December 31, 2012. |
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- Definition
Note Payable No definition available.
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- Details
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