Subsequent Events
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12 Months Ended |
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Dec. 31, 2014
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Subsequent Events [Abstract] | |
Subsequent Events |
Note 13 - Subsequent Events
The Board approved and authorized the issuance of convertible debt of $97,671 and 24,253 respectively totaling $121,924 to Mr. Piluso to retire accounts payable debt and receive 10% interest rate convertible at 0.15 per share, since this is represented as new capital into the Company.
The Board approved and authorized the issuance of convertible debt of $848,091 and $343,348 respectively totaling $1,189,439 to Mr. Piluso to document the existing debt and receive 10% interest rate convertible at 0.15 per share, since this is represented as new capital into the Company. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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