NOTE 2 - RELATED PARTY TRANSACTIONS

As of September 30, 2015, the amount due from Silver Falcon was $159,489,, , the amount due from Palmirs, Inc., a wholly-owned subsidiary of Silver Falcon, was $27,180 and the amount due from Bisell Investments, LLC was $19,750  The amounts are non-interest bearing, unsecured demand loans.  

As of September 30, 2015 the company was indebted to Paul Parliament in the amount of $79,201. 

Silver Falcon is obligated to pay Goldland Holdings $83,333 per month as rent under a mining lease.  Instead of paying the rent in cash, Silver Falcon has, since January 1, 2012, issued shares of its common stock to pay compensation expenses of our officers and independent contractors.  No payment has been received since December 31, 2013. Demand has been made upon Silver Falcon to make all payments due.