Quarterly report pursuant to Section 13 or 15(d)

Schedule of Investment in account receivable (Tables)

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Schedule of Investment in account receivable (Tables)
9 Months Ended
Sep. 30, 2015
Schedule of Investment in account receivable (Tables):  
Schedule of Investment in account receivable (Tables)

On July 8, 2014, the Company invested $90,000 in an account receivable with a face value of $117,000 which was supported by a promissory note maturing January 15, 2015 and consisted of the following:

 

 

 

September 30, 2015

 

December 31, 2014

Face value

$

-

$

117,000

Unamortized discount

 

-

 

(2,250)

     Net balance

$

-

$

114,750