XML 49 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814
Due to Related Party
9 Months Ended
Sep. 30, 2015
Related Party Transactions [Abstract]  
Due to Related Party

9. Due to Related Party

 

On August 14, 2015 and September 28, 2015, the Company entered into a Loan Agreement with our CEO, Alex Minicucci (who is a related party), for the principal sum of $65,000 and $35,000, respectively.  The Loan is to be paid off by December 31, 2015 and includes an interest rate of 5%.  For the three and nine months ended September 30, 2015, we recorded interest expense related to the loan of $271.