Quarterly report pursuant to Section 13 or 15(d)

16. Notes payable - short term

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16. Notes payable - short term
3 Months Ended
Mar. 31, 2018
Notes Payable - Short Term  
Notes payable - short term

Note 16:          Notes payable – short term

 

On August 18, 2017, the Company, as part of its’ acquisition of GeoTraq, issued unsecured promissory notes to the sellers of GeoTraq with interest at the annual rate of interest of 1.29% maturing on August 18, 2018. The outstanding balance of the notes payable – short term as of March 31, 2018 is $300.