Note 3 - Related Party Payables | NOTE 3 RELATED PARTY PAYABLES As of March 31, 2016, the Company had related party payables of $1,997,629 which included $1,631,546 to related parties for unpaid consulting fees and other general and administrative expenses and $350,833 for deferred salaries. As of December 31, 2015, the Company had related party payables of $1,841,130 which included $1,570,047 to related parties for unpaid consulting fees and other general and administrative expenses and $255,833 for deferred salaries. A non-interest bearing loan of $15,250, payable on demand, was provided to CPCC on October 6, 2014, by Terrance Owen, a Director. As of March 31, 2016, this loan had not been repaid and is included in the related party payables in the paragraph above. The related other parties are Champion Toronto, companies owned by Terrance Owen, Nanotech Systems, Inc., a company for which Terrance Owen is also the CEO and a Director, Garland A. Brown, Jr., CEO, and Mark Conner, COO. |