NOTE 13 – RELATED PARTY TRANSACTIONS

The Company has received financing from the Company’s Chief Executive Officer. No formal repayment terms or arrangements existed prior to February 19, 2015, when as part of the Share Exchange Agreement, the Company entered into a note with David Phipps where the stockholder loans bear no interest and are due February 19, 2019. On February 19, 2016, the note was extended an additional year to February 19, 2017, on January 9, 2017 the note was extended another additional year to February 19, 2018 and on January 29, 2018 the note was extended another year to February 19, 2019. The balance of the related party note payable was $5,768 as of December 31, 2017. The accounts payable due to related party includes advances for inventory due to David Phipps of $1,230. Total payments due to David Phipps as of December 31, 2017 and December 31, 2016 are $6,998 and $67,453, respectively.

The Company employs two individuals who are related to Mr. Phipps, of which earned gross wages totaled $75,643 and $64,058, for the years ended December 31, 2017 and 2016, respectively.