Related Party Transactions: Related Party Convertible Debt, By Related Party (Tables)
3 Months Ended
Mar. 31, 2016
Tables/Schedules  
Related Party Convertible Debt, By Related Party

 

Related party convertible notes payable consist of the following:

Note Holder

 

Principal

 

APR

 

Accrued Interest

 

Conversion

Price

 

Term/Due

 

 

 

 

 

 

 

 

 

 

 

 

 

Joseph M. Redmond, President (former)

 

$

776,154

 

5%

 

$

56,808

 

$0.10

 

07/31/2017

Huntington Chase, Beneficial Owner

 

 

331,100

 

7%

 

 

66,542

 

$0.10

 

12/31/2015

Total

 

$

1,107,254

 

 

 

$

107,897