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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2015
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

On March 31, 2015, the Company issued 33,045 shares of common stock to a related party, KeyMedia Management, Inc., as reimbursement for $33,045 of advances and payments made on behalf of the Company.

 

As of March 31, 2015 and December 31, 2014, the Company had a related party liability due to KeyMedia Management, Inc. of $108,701 and $33,045, respectively, for advances and payments made on behalf of the Company.

 

During the three months ended March 31, 2015 and 2014, the Company recorded revenues of $14,230 and $12,850, respectively, from a related party (a European entity owned by a significant shareholder of the Company) for consulting services.