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Note 4 - Related Party Transactions
3 Months Ended
Dec. 31, 2015
Notes  
Note 4 - Related Party Transactions

Note 4 – Related Party Transactions

 

Parties, which can be corporations or individuals, are considered to be related if we have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

 

Accounts payable – related parties are the amounts payable to officers and directors of the Company for reimbursement of expenses they incurred on behalf of the Company as well as Director fees and salaries.