Epcylon (PRFC) 10-Q 19 Apr 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 29, 2016	Apr. 19, 2016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Feb. 29, 2016
Trading Symbol	prfc
Entity Registrant Name	Epcylon Technologies, Inc.
Entity Central Index Key	1,464,766
Current Fiscal Year End Date	--05-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		173,476,221
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Feb. 29, 2016	May. 31, 2015
CURRENT ASSETS:
Cash	$ 2,657,111	$ 2,626,664
Local tax receivable	66,111	44,649
Prepaid expense	10,330	5,722
TOTAL CURRENT ASSETS	2,733,552	2,677,035
Security deposit	8,817	9,421
Property and equipment, net	25,966	32,214
TOTAL ASSETS	2,768,335	2,718,670
CURRENT LIABILITIES:
Accounts payable and accrued expenses	98,254	91,442
Convertible debentures	229,438	0
Securities sold not yet purchased	526,573	222,482
Notes payable - related party	205,328	1,033,271
CURRENT LIABILITIES	1,059,593	1,347,195
Deferred rent	5,468	5,107
TOTAL LIABILITIES	1,065,061	1,352,302
STOCKHOLDER'S EQUITY:
Series A Preferred shares, par value $0.0001 10,000,000 shares authorized 7,498,625 and 10,000,000 series A shares issued and outstanding as of February 29, 2016 and May 31, 2015 respectively	750	1,000
Common stock, par value $0.0001 300,000,000 shares authorized 173,476,221 issued and outstanding as of February 29, 2016 and 168,476,221 May 31, 2015	17,346	16,846
Additional paid-in capital	8,887,934	8,388,459
Accumulated other comprehensive loss	(59,151)	(57,726)
Accumulated deficit	(7,143,605)	(6,982,211)
TOTAL STOCKHOLDERS' EQUITY	1,703,274	1,366,368
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,768,335	$ 2,718,670

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 29, 2016	May. 31, 2015
Preferred Stock, Par Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	7,498,625	10,000,000
Preferred Stock, Shares Outstanding	7,498,625	10,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	173,476,221	168,476,221
Common stock, shares outstanding	173,476,221	168,476,221

Consolidated statements of comp

Consolidated statements of comprehensive income (loss) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
REVENUE	$ 5,303	$ 2,824	$ 16,691	$ 10,100
EXPENSES
General and administrative expenses	204,978	135,334	543,140	438,992
OPERATING LOSS	(199,675)	(132,510)	(526,449)	(428,892)
OTHER INCOME (EXPENSE)
Interest (expense) income, net	38,800	(13,098)	26,717	(30,750)
Realized gain on marketable securities	273,766	(68,392)	451,547	112,021
Unrealized gain (loss) on marketable securities	(51,514)	109,544	(115,156)	(181,901)
Gain (loss) of foreign exchange	(17,162)	35,605	1,946	27,961
Other Income (Expense)	243,890	63,659	365,054	(72,669)
NET INCOME (LOSS) BEFORE PROVISION FOR INCOME TAX	44,215	(68,851)	(161,395)	(501,561)
Provision for income tax	0	0	0	0
NET INCOME (LOSS )	44,215	(68,851)	(161,395)	(501,561)
Foreign currency translation adjustment	5,122	(37,821)	(1,425)	(69,269)
NET COMPREHENSIVE INCOME (LOSS)	$ 49,337	$ (106,672)	$ (162,820)	$ (570,830)
Net income (loss) per common share	$ 0	$ 0	$ 0	$ 0
Basic and fully diluted weighted average common shares outstanding	171,031,777	168,476,221	169,321,809	168,476,221

Consolidated Cash flow statemen

Consolidated Cash flow statement - USD ($)	9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
OPERATING ACTIVITIES:
Net loss	$ (161,395)	$ (501,561)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	8,853	4,041
Realized trading gains	(451,547)	(112,021)
Unrealized loss on marketable securities	115,156	181,901
Changes in operating assets and liabilities:
Prepaid expenses	(4,608)	(4,237)
Local tax receivable	(21,462)	(21,986)
Accounts payable and accrued liabilities	6,812	6,912
NET CASH USED IN OPERATING ACTIVITIES	(508,191)	(446,951)
INVESTING ACTIVITIES:
Acquisition of property & equipment	(2,604)	(32,125)
Net purchases of securities	612,011	(188,083)
NET CASH PROVIDED BY INVESTING ACTIVITIES	609,407	(220,208)
FINANCING ACTIVITIES:
Redemption of Class A preferred stock	(500,276)	0
Proceeds from issuance of convertible debentures	225,000	0
Proceeds from related party loans	205,328	953,875
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(69,948)	953,875
Effect of exchange rates on cash	(821)	(64,645)
INCREASE IN CASH	30,447	222,071
CASH - BEGINNING OF PERIOD	2,626,664	2,475,413
CASH - END OF PERIOD	$ 2,657,111	$ 2,697,484

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	9 Months Ended
	Feb. 29, 2016
ORGANIZATION AND BASIS OF PRESENTATION [Text Block]	NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. As a result, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. The Company believes that the disclosures made are adequate to make the information presented not misleading. The consolidated financial statements reflect all adjustments which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Form 10-K as filed with the Securities and Exchange Commission on September 14, 2015. The results of operations for the three and nine months ended February 29, 2016 are not indicative of results for the full fiscal year or any other period. Organization and Business Description Epcylon Technologies Inc., formerly known as Mobile Integrated Systems Inc. (the “Company” or “Epcylon”), together with its wholly owned subsidiaries Mobilotto Systems Inc., (“MIBI”), Delite Americas Inc., and Omega Smartbuild Americas Inc., are engaged through its Stealth branded products, in the business of researching, developing and commercializing proprietary algorithmic securities trading systems. The Company uses its Stealth trading system to trade securities with some of its existing excess capital to test the system. Furthermore, the Company, through its MOBI branded products, develops proprietary geolocation technology and services for the lottery, pari-mutuel and casino industries enabling next-generation mobile gaming. On July 29, 2013, the Company changed its name from Mobile Integrated Systems Inc., to Epcylon Technologies Inc. The Company trades on the OTCPINK under the symbol PRFC. Since inception the Company has been engaged in developing its business model and software platforms. The Company has not earned any material revenue from operations. Basis of Consolidation These consolidated financial statements include the accounts of Epcylon Technologies Inc., which was incorporated on April 22, 2009 in the state of Nevada and its wholly-owned subsidiaries, Mobilotto Systems, Inc., which was incorporated in Ontario, Canada on September 16, 2008, Delite Americas Inc (inactive). which was incorporated in Ontario, Canada on July 8, 2013 and Omega Smartbuild Americas Inc. (inactive), which was incorporated in Ontario, Canada on July 8, 2013.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Feb. 29, 2016
SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES The accounting policies applied in the preparation of the interim consolidated financial statements are consistent with those followed in the preparation of the Company’s May 31, 2015 annual financial statements. Preferred Stock We apply the guidance enumerated in ASC 480 “Distinguishing Liabilities from Equity” when determining the classification and measurement of preferred stock. Preferred shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. We classify conditionally redeemable preferred shares (if any), which includes preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control, as temporary equity. At all other times, we classified our preferred shares in stockholders’ equity Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future either will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations, and cash flows when implemented.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Feb. 29, 2016
PROPERTY AND EQUIPMENT [Text Block]	NOTE 3 – PROPERTY AND EQUIPMENT Property and equipment consist of the following: Accumulated November 30, May 31, Cost Depreciation 2015 Net 2015 Leasehold improvements $ 16,010 $ 4,005 $ 12,005 $ 14,410 Computer equipment 25,580 11,619 13,961 17,806 Total $ 41,590 $ 15,624 $ 25,966 $ 32,214

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	9 Months Ended
	Feb. 29, 2016
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES [Text Block]	NOTE 4 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES February 29, May 31, 2016 2015 Legal $ 44,288 $ 45,891 Audit 11,000 11,000 Consulting 31,900 15,360 General and administrative 11,066 19,191 Total $ 98,254 $ 91,442

SECURITIES SOLD NOT YET PURCHAS

SECURITIES SOLD NOT YET PURCHASED	9 Months Ended
	Feb. 29, 2016
SECURITIES SOLD NOT YET PURCHASED [Text Block]	NOTE 5 – SECURITIES SOLD NOT YET PURCHASED Marketable securities owned and on margin consisting of equity securities owned by the Company. As at February 29, 2016 securities at market value were as follows: Fair value Options sold short $ 526,573 The securities are reported at fair value using level 1 input based on the quoted market price of the securities at each reporting period.

CONVERTIBLE DEBENTURE

CONVERTIBLE DEBENTURE	9 Months Ended
	Feb. 29, 2016
CONVERTIBLE DEBENTURE [Text Block]	NOTE 6 – CONVERTIBLE DEBENTURES On December 11, 2015, the Company closed $225,000 of a private placement offering of 8% secured convertible debentures.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Feb. 29, 2016
NOTES PAYABLE [Text Block]	NOTE 7 – NOTES PAYABLE February 29, 2016 May 31, 2015 Note payable due to the former Chief Executive Officer, 0% interest, unsecured. $ 50,000 $ - Note payable due to a director of the Company, 4% interest, unsecured. 29,733 Note payable due to a director of the Company, 0% interest, unsecured. 50,000 - Note payable due to a shareholder, interest payable at 4% per annum, due January 2, 2017, unsecured. 39,952 - Note payable due to a shareholder, interest payable at 4% per annum, due January 2, 2017, unsecured. 33,525 - Note payable due the former Chief Executive Officer with interest payable at 5% per annum, - 50,000 Note payable due to the former Chief Executive Officer with interest payable at 5% per annum, - 950,000 Accrued interest on notes payable 2,118 33,271 $ 205,328 $ 1,033,271

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Feb. 29, 2016
STOCKHOLDERS' EQUITY [Text Block]	NOTE 8 – STOCKHOLDERS’ EQUITY Series A Preferred Stock During the period June 1, 2015 through February 29, 2016, 2,501,375 of Series A Preferred Stock was redeemed at $0.20 per share for proceeds of $500,275. Series B Preferred Stock On September 17, 2014 the Company filed a Certificate of Designation of Series B Convertible Preferred Stock. Each share of Series B Convertible Preferred Stock carries a par value of $0.001 and is convertible into common stock on a 1 preferred share for 1 common share basis. Preferred shares are entitled to a dividend at the discretion of the Board of Directors. The Corporation may, by providing a five day notice, redeem such Series B Preferred Stock at a redemption price of $0.20. Each holder of Series B Preferred Stock shall at their option convert the shares of Series B Preferred Stock into shares of common stock on a one preferred share for one common share basis. On June 21, 2015, a $50,000 note payable matured, and as per the provisions of the loan, the principal and interest automatically converted to 250,000 Series B Preferred Stock at a price of $0.20 per share. On August 21, 2015 a $950,000 note payable matured, and as per the provisions of the loan, the principal and partial interest automatically converted to 4,750,000 Series B Preferred Stock at a price of $0.20 per share. On December 23, 2016, all 5,000,000 Series B Preferred Stock were cancelled and converted to 5,000,000 common stock.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Feb. 29, 2016
RELATED PARTY TRANSACTIONS [Text Block]	NOTE 9 - RELATED PARTY TRANSACTIONS On May 21, 2014, the Company, authorized and approved the execution of a loan agreement dated May 21, 2014 between the Company and its Chief Executive Officer, Peter George ("George") in the principal amount of $50,000 (the "$50,000 Loan Agreement"). Effective July 24, 2014, the Company authorized and approved the execution of a second loan agreement dated July 24, 2014 with George in the principal amount of $950,000 (the "$950,000 Loan Agreement"), and collectively, the "Loan Agreements"). Borrowings under the Loan Agreements are unsecured and accrue interest at an annual rate of 5% on the unpaid balances. The Company will pay all principal and accrued interest thirteen months from the date of execution of either the $50,000 Loan Agreement or the $950,000 Loan Agreement. Any prior payments shall be applied first to interest and then to principal. The Company may at any time during the term of the Loan Agreements redeem the respective loan by providing a five day notice to George that the Company intends to redeem. Payment of principal and interest will be calculated from the date of execution to date of redemption notice. In addition, the Loan Agreements provide that George may convert all or part of the loan, including principal and accrued interest, into shares of Series B preferred stock at a per share price of $0.20. In the event that neither the Company has redeemed the Loan Agreements nor George has converted the Loan Agreements, there shall be an automatic conversion of the Loan Agreements into shares of the Series B preferred stock. The conversion price per share shall be the lowest trading price of the Company's shares on the OTCQB by using the lowest share price of the preceding five (5) business days prior to the termination date of the Loan Agreement with a minimum price of $0.20. See notes 7 and 8 regarding additional related party loans and the conversion of the notes to Series B Preferred Stock.

COMMITMENTS

COMMITMENTS	9 Months Ended
	Feb. 29, 2016
COMMITMENTS [Text Block]	NOTE 10 – COMMITMENTS The Company is obligated under a lease agreement through May, 2018 which provides for annual rentals, on a straight-line basis, of approximately $34,000. In addition, the Company will pay, as additional rent, its proportionate share of real estate taxes and certain operating expenses. Rental expense, including real estate taxes and operating expenses, charged to operations for the nine months ended February 29, 2015 aggregated approximately $60,000 in 2015 and $nil in 2014.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Feb. 29, 2016
SUBSEQUENT EVENTS [Text Block]	NOTE 11 – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date the financial statements have been issued and has determined that there have been no other reportable subsequent events.

Summary of Significant Accounti

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Feb. 29, 2016
Preferred Stock [Policy Text Block]	Preferred Stock We apply the guidance enumerated in ASC 480 “Distinguishing Liabilities from Equity” when determining the classification and measurement of preferred stock. Preferred shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. We classify conditionally redeemable preferred shares (if any), which includes preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control, as temporary equity. At all other times, we classified our preferred shares in stockholders’ equity
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future either will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations, and cash flows when implemented.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Feb. 29, 2016
Schedule of Property and Equipment [Table Text Block]	Accumulated November 30, May 31, Cost Depreciation 2015 Net 2015 Leasehold improvements $ 16,010 $ 4,005 $ 12,005 $ 14,410 Computer equipment 25,580 11,619 13,961 17,806 Total $ 41,590 $ 15,624 $ 25,966 $ 32,214

ACCOUNTS PAYABLE AND ACCRUED 19

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Feb. 29, 2016
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	February 29, May 31, 2016 2015 Legal $ 44,288 $ 45,891 Audit 11,000 11,000 Consulting 31,900 15,360 General and administrative 11,066 19,191 Total $ 98,254 $ 91,442

SECURITIES SOLD NOT YET PURCH20

SECURITIES SOLD NOT YET PURCHASED (Tables)	9 Months Ended
	Feb. 29, 2016
Schedule of Securities Sold Not Yet Purchased [Table Text Block]	Fair value Options sold short $ 526,573

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Feb. 29, 2016
Schedule of Short-term Debt [Table Text Block]	February 29, 2016 May 31, 2015 Note payable due to the former Chief Executive Officer, 0% interest, unsecured. $ 50,000 $ - Note payable due to a director of the Company, 4% interest, unsecured. 29,733 Note payable due to a director of the Company, 0% interest, unsecured. 50,000 - Note payable due to a shareholder, interest payable at 4% per annum, due January 2, 2017, unsecured. 39,952 - Note payable due to a shareholder, interest payable at 4% per annum, due January 2, 2017, unsecured. 33,525 - Note payable due the former Chief Executive Officer with interest payable at 5% per annum, - 50,000 Note payable due to the former Chief Executive Officer with interest payable at 5% per annum, - 950,000 Accrued interest on notes payable 2,118 33,271 $ 205,328 $ 1,033,271

CONVERTIBLE DEBENTURE (Narrativ

CONVERTIBLE DEBENTURE (Narrative) (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Convertible Debenture 1	$ 225,000
Convertible Debenture 2	8.00%

STOCKHOLDERS' EQUITY (Narrative

STOCKHOLDERS' EQUITY (Narrative) (Details)	9 Months Ended
	Feb. 29, 2016USD ($)$ / shares
Stockholders Equity 1	2,501,375
Stockholders Equity 2 | $ / shares	$ 0.20
Stockholders Equity 3	$ 500,275
Stockholders Equity 4	$ 0.001
Stockholders Equity 5	1
Stockholders Equity 6	1
Stockholders Equity 7	$ 0.20
Stockholders Equity 8	$ 50,000
Stockholders Equity 9	250,000
Stockholders Equity 10 | $ / shares	$ 0.20
Stockholders Equity 11	$ 950,000
Stockholders Equity 12	4,750,000
Stockholders Equity 13 | $ / shares	$ 0.20
Stockholders Equity 14	5,000,000
Stockholders Equity 15	5,000,000

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Related Party Transactions 1	$ 50,000
Related Party Transactions 2	50,000
Related Party Transactions 3	950,000
Related Party Transactions 4	$ 950,000
Related Party Transactions 5	5.00%
Related Party Transactions 6	$ 50,000
Related Party Transactions 7	950,000
Related Party Transactions 8	0.20
Related Party Transactions 9	$ 0.20

COMMITMENTS (Narrative) (Detail

COMMITMENTS (Narrative) (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Commitments 1	$ 34,000
Commitments 2	60,000
Commitments 3	$ 0

Schedule of Property and Equipm

Schedule of Property and Equipment (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Property And Equipment Schedule Of Property And Equipment 1	$ 16,010
Property And Equipment Schedule Of Property And Equipment 2	4,005
Property And Equipment Schedule Of Property And Equipment 3	12,005
Property And Equipment Schedule Of Property And Equipment 4	14,410
Property And Equipment Schedule Of Property And Equipment 5	25,580
Property And Equipment Schedule Of Property And Equipment 6	11,619
Property And Equipment Schedule Of Property And Equipment 7	13,961
Property And Equipment Schedule Of Property And Equipment 8	17,806
Property And Equipment Schedule Of Property And Equipment 9	41,590
Property And Equipment Schedule Of Property And Equipment 10	15,624
Property And Equipment Schedule Of Property And Equipment 11	25,966
Property And Equipment Schedule Of Property And Equipment 12	$ 32,214

Schedule of Accounts Payable an

Schedule of Accounts Payable and Accrued Liabilities (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 1	$ 44,288
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 2	45,891
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 3	11,000
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 4	11,000
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 5	31,900
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 6	15,360
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 7	11,066
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 8	19,191
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 9	98,254
Accounts Payable And Accrued Liabilities Schedule Of Accounts Payable And Accrued Liabilities 10	$ 91,442

Schedule of Securities Sold Not

Schedule of Securities Sold Not Yet Purchased (Details)	9 Months Ended
	Feb. 29, 2016USD ($)
Securities Sold Not Yet Purchased Schedule Of Securities Sold Not Yet Purchased 1	$ 526,573

Schedule of Short-term Debt (De

Schedule of Short-term Debt (Details)	9 Months Ended
	Feb. 29, 2016USD ($)$ / shares
Notes Payable Schedule Of Short-term Debt 1	0.00%
Notes Payable Schedule Of Short-term Debt 2	$ 50,000
Notes Payable Schedule Of Short-term Debt 3	$ 0
Notes Payable Schedule Of Short-term Debt 4	4.00%
Notes Payable Schedule Of Short-term Debt 5	$ 29,733
Notes Payable Schedule Of Short-term Debt 6	0.00%
Notes Payable Schedule Of Short-term Debt 7	$ 50,000
Notes Payable Schedule Of Short-term Debt 8	$ 0
Notes Payable Schedule Of Short-term Debt 9	4.00%
Notes Payable Schedule Of Short-term Debt 10	$ 39,952
Notes Payable Schedule Of Short-term Debt 11	$ 0
Notes Payable Schedule Of Short-term Debt 12	4.00%
Notes Payable Schedule Of Short-term Debt 13	$ 33,525
Notes Payable Schedule Of Short-term Debt 14	$ 0
Notes Payable Schedule Of Short-term Debt 15	5.00%
Notes Payable Schedule Of Short-term Debt 16 | $ / shares	$ 0.20
Notes Payable Schedule Of Short-term Debt 17	$ 0
Notes Payable Schedule Of Short-term Debt 18	$ 50,000
Notes Payable Schedule Of Short-term Debt 19	5.00%
Notes Payable Schedule Of Short-term Debt 20 | $ / shares	$ 0.20
Notes Payable Schedule Of Short-term Debt 21	$ 0
Notes Payable Schedule Of Short-term Debt 22	950,000
Notes Payable Schedule Of Short-term Debt 23	2,118
Notes Payable Schedule Of Short-term Debt 24	33,271
Notes Payable Schedule Of Short-term Debt 25	205,328
Notes Payable Schedule Of Short-term Debt 26	$ 1,033,271