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Note 3 - Related Party Transactions
3 Months Ended
Apr. 30, 2013
Notes  
Note 3 - Related Party Transactions

NOTE 3 - RELATED PARTY TRANSACTIONS

 

During the three months ended April 30, 2013 the Company recognized a total of $1,500 for donated rent and services provided by the President and Director of the Company.

 

As of April 30, 2013, Affinity Mediaworks has incurred liabilities to Cortland Communications, LLC in the amount of $13,103. Mark Gleason is the President of both Affinity Mediaworks Corp. and Cortland Communications, LLC, a majority shareholder in Affinity Mediaworks Corp. These promissory notes bears simple interest at 15% per annum. Affinity Mediaworks Corp. currently owes Cortland Communications, LLC $13,103 in principal on this note, with interest accrued of $722.

 

As of April 30, 2013, Affinity Mediaworks Corp. has incurred a liability to Lyboldt-Daly, Inc. in the amount of $4,500. Lyboldt-Daly completed bookkeeping and internal accounting for Affinity Mediaworks Corp. Joseph Passalaqua is the President of Lyboldt-Daly, Inc. and the Secretary of Cortland Communications, a majority shareholder in Affinity Mediaworks Corp.

 

As of April 30, 2013, all activities of Affinity Mediaworks Corp. have been conducted by corporate officers from either their homes or business offices. Currently, there are no outstanding debts owed by Affinity Mediaworks Corp. for the use of these facilities and there are no commitments for future use of the facilities.