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Related Party Transactions
3 Months Ended
Jul. 31, 2015
Related Party Transactions [Text Block]
Note 3 Related Party Transactions
   
 

During the three months ended July 31, 2015, the Company through its wholly owned subsidiary, CounterPath Technologies, paid $19,896 (2014 - $23,755), respectively, to Kanata Research Park Corporation (“KRP”) for leased office space. KRP is controlled by the Chairman of the Company.

   
 

On November 21, 2013, the Company, through its wholly owned subsidiary, CounterPath Technologies, entered into an agreement with 8007004 (Canada) Inc. (“8007004”) to lease office space. 8007004 is controlled by a member of the board of directors of the Company. CounterPath Technologies, paid $nil (2014 - $8,277) for the three months ended July 31, 2015.

   
 

On July 31, 2015, the Company sold products and services to Magor Corporation for consideration of $134,250. Magor Corporation’s chairman of the board is also Chairman of the Company. As at July 31, 2015, the Company had an accounts receivable balance from Magor Corporation of $134,250.

   
 

The above transactions are in the normal course of operations and are recorded at amounts established and agreed to between the related parties.