Related Party Transactions

3 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

Related Party Transactions

Note 11.  Related Party Transactions.

Due from Stockholders/Members

Tyme and Luminant obtained from and granted cash advances to certain of their stockholders/members. These net advances were non-interest bearing and had no terms for repayment. At December 31, 2014, amounts due to the Company totaled $355,766 and were reflected as a reduction of stockholders equity.

Effective as of the consummation of and in anticipation of the Merger, the non-interest bearing advances made to such stockholders/members was settled by the bonus compensation payments of $342,250 payable to such stockholders being retained by the Company in lieu of payment.  The balance of $13,516 was settled during March 2015 by personal reimbursement made by the stockholders to the Company.

Due to Officer

Included in due to officer are amounts incurred by the Company which were paid personally by an officer of the Company of $17,623 and $-0- as of March 31, 2015 and December 31, 2014, respectively.