I doubt the leinholders are happy they took

I doubt the leinholders are happy they took those 10,000 shares! Lol!


As of
September 30, 2016 As of December 31, 2015
$ 213,836 $ 201,880

Mortgage in the amount of $280,000 Canadian dollars, bears simple interest at 7% per annum, secured by the land and building, and matured on June 15, 2015. Principal and interest were due, in their entirety, at maturity. In consideration for 10,000 shares, the maturity was extended from June 15, 2015 to December 15, 2015 and subsequently to June 15, 2016 by the Mortgage holder. The Company is in discussion with Mortgage holder in extending to December 15, 2016, but nothing has been formalized, and the mortgage is currently in default.