Quarterly report pursuant to Section 13 or 15(d)

LINE OF CREDIT

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LINE OF CREDIT
6 Months Ended
Jun. 30, 2014
LINE OF CREDIT [Abstract]  
LINE OF CREDIT

NOTE 9 - LINE OF CREDIT


The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of June 30, 2014 and December 31, 2013 was $40,329 and $39,979, respectively. This line of credit has no maturity date and the company was overdrawn as of June 30, 2014. The annual interest rate is the Prime Rate plus 3%. The CEO of the Company is the personal guarantor.