Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE

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ACCOUNTS PAYABLE
6 Months Ended
Jun. 30, 2018
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE

NOTE 4 – ACCOUNTS PAYABLE

 

A portion of the Company’s accounts payable is the result of chargebacks for product that was not sold by a former customer. The Company also has other payables that are several years old for which management is in discussion with the vendors to settle those liabilities for a lesser amount.

 

  June 30, 2018   December 31, 2017
Chargeback $ 3,075   $ 3,075
Aged payables   99,145     99,145
Other vendor payables   127,624     92,242
  $ 229,844   $ 194,462