Annual report pursuant to Section 13 and 15(d)

NOTE 6 - DEBT (Tables)

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NOTE 6 - DEBT (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Notes Payable - Financing Agreements

                                   
    December 31, 2015   December 31, 2014  
Notes Payable   Principal       Interest   Principal       Interest  
Third Party - Insurance Note 1   $ 21,325       9.75 %   $ 8,892       9.95 %  
Third Party - Insurance Note 2     11,277       9.75 %     20,376       9.25 %  
Third Party - Equipment Financing     —       —       3,787       13.48 %  
Third Party - Insurance Note 3     —       8.66 %     —       —    
Third Party - Insurance Note 4     11,422       8.99 %     —       —    
Total   $ 44,024             $ 33,055            
Notes Payable - Related Parties

                             
    December 31, 2015   December 31, 2014
Notes Payable   Principal   Interest*   Principal   Interest*
                 
Shareholder   $ 65,000     .75 %   $ 65,000     .75 %
Related party     17,651     .67 %     —     —  
Related party     33,615     —       —     —  
Related party     36,500     .67 %     10,000     .67 %
Related Party     21,170     —       —     —  
Related Party     11,131     .67 %     —     —  
CFO     7,841     —       —     —  
Shareholder     294,056     .50 %     —     —  
Total   $ 486,964           $ 75,000        

 

* effective interest rate per month including default penalties

Notes Payable
    December 31, 2015
Notes Payable   Principal   Interest
         
Vendor   $ 52,500     —
Total   $ 52,500     —
Convertible Notes Payable-Net of Discounts, Including Premiums
    December 31, 2015     December 31, 2014  
Notes Payable   Principal     Premium     Principal, Including Premium     Principal     Premium     Principal, Including Premium  
Investor   $ 19,108     $ —     $ 19,108     $ —     $ —     $ —  
Vendor     50,000       50,000       100,000       —       —       —  
Shareholder     125,000       —       125,000       —       —       —  
Investor Group     —       —       —       1,398,370       26,736       1,425,106  
Shareholder     46,975       46,975       93,950       —       —       —  
Total   $ 241,083     $ 73,488     $ 338,058     $ 1,398,370     $ 26,736     $ 1,425,106