Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.7.0.1
Subsequent Events
3 Months Ended
Jun. 30, 2017
Notes  
Subsequent Events

NOTE 9 - SUBSEQUENT EVENTS

 

Note payable to related party

On July 3, 2017, the Company entered into a convertible debt arrangement with Max Zhu for $75,000.  The conversion of the loan shall be at a price which is the lower of $0.08 per share and 80% of the lowest calculated volume-weighted average price of the stock during the five days before the date of the conversion notice.

 

The agreement included an amendment to the earlier loan of $45,000 such that both will now be on the same terms as this new loan.