Quarterly report pursuant to Section 13 or 15(d)

15. Notes payable - short term

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15. Notes payable - short term
9 Months Ended
Sep. 30, 2017
Notes Payable Short Term Abstract  
Notes payable - short term

Note 15:       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 original balance and outstanding balance of the notes payable – short term as of September 30, 2017 is $800. Interest accrued is included in accrued expenses.