3. RELATED PARTY TRANSACTIONS | The Company receives periodic advances from its principal stockholders and officers based upon the Companys cash flow needs. All advances bear interest at 4.45%. During the six months ended June 30, 2016, the Company borrowed $17,875. At June 30, 2016 and December 31, 2015, $255,775 and $237,900, respectively, was due to the shareholders and officers, and accrued interest of $45,646, and $40,134 at June 30, 2016 and December 31, 2015, respectively. Interest expense associated with this loan was $2,835 and $5,512 for the three and six months ended June 30, 2016, respectively as compared to $2,375 and $4,710 for the three and six months ended June 30, 2015, respectively. No terms for repayment have been established. As a result, the amount is classified as a current liability. The Company also leases it office space from a shareholder of the Company. At June 30, 2016 and December 31, 2015, amounts due to the shareholder was. $3,751 |