Quarterly report pursuant to Section 13 or 15(d)

ADVANCE FROM SHAREHOLDER

v3.4.0.3
ADVANCE FROM SHAREHOLDER
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
ADVANCE FROM SHAREHOLDER

NOTE 6 – ADVANCE FROM SHAREHOLDER

 

The Company borrows funds from the Company’s Director for working capital purposes from time to time. The Company has recorded the principal balance due of $55,504 under Advance From Shareholder in the accompanying Balance Sheets at each of March 31, 2016 and December 31, 2015, respectively. The Company received no advances and had no repayments for the three months ended March 31, 2016 and 2015. Advances are non-interest bearing and due on demand. Past loans and advances from our Director were not made pursuant to any loan agreements or promissory notes, nor will any future loans and advances from our Director be made pursuant to loan agreements or promissory notes.