Stockholder Loans - Related Parties | NOTE C – STOCKHOLDER LOANS – RELATED PARTIES During the year ended December 31, 2012, the Company received loans from Service Merchants Corp, a related party, totaling $7,700 towards operating expenses. During the year ended December 31, 2014, the Company received a loan totaling $2,000 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of December 31, 2016 and December 31, 2015, $9,700 was due to Service Merchant Corp. During the year ended December 31, 2013, the Company received loans from a shareholder of the company through Global Merchant Corp, a related party, totaling $11,289 towards various operating expenses. During the year ended December 31, 2014, the Company received a loan totaling $1,600 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of December 31, 2016 and December 31, 2015, $12,889 was due to Global Merchant Corp. During the year ended December 31, 2013, the Company received a loan from a shareholder of the company through Sterling Investment Corp, a related party, totaling $1,000 towards operating expenses. During the year ended December 31, 2014, the Company received a loan totaling $6,550 towards operating expenses. During the year ended December 31, 2015, the Company received a loan totaling $5,900 towards operating expenses. During the year ended December 31, 2016, the Company received a loan totaling $11,050 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of December 31, 2016 and December 31, 2015, $24,500 and $13,450 respectively, was due to Sterling Investment Corp. During the year ended December 31, 2014, the Company received a loan from Earth Wind Power Corp, a related party totaling $198 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand. As of December 31, 2016 and December 31, 2015, $198 was due to Earth Wind Power Corp. |