Note 3 - Related Party Payables | NOTE 3 RELATED PARTY PAYABLES As of September 30, 2016, the Company had related party payables of $2,333,521 which included $1,777,438 to related parties for unpaid consulting fees and other general and administrative expenses and $540,833 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. The related parties are Champion Toronto, Terrance Owen, CFO and Director, a company owned by Terrance Owen and Nanotech Systems, Inc., a company for which Terrance Owen is also the CEO and a Director. The deferred salaries are payable to Garland A. Brown, Jr., CEO, and Mark Conner, COO. In addition, a non-interest bearing loan of $15,250, payable on demand, was provided to CPCC on October 6, 2014, by Terrance Owen. As of September 30, 2016, this loan had not been repaid. As disclosed below in Note 4 to these financial statements, we entered into an agreement with Mark H. Conner, COO of the Company, for funding of $25,000. |