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Related Party Transactions

9 Months Ended

Sep. 30, 2015

9.	Related Party Transactions

During the periods ended September 30, 2015 and December 31, 2014, the Company's chief executive officer paid expenses on behalf of the Company on his personal credit card. These related party advances do not bear interest and are payable on demand. At September 30, 2015 and December 31, 2014, the balance due to the chief executive officer was approximately $83,000 and $3,000, respectively, and is included in accounts payable on the accompanying condensed consolidated balance sheets.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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