Related Party Transactions with Multichip Display, Inc. (MDI) (Tables)

9 Months Ended

Jun. 30, 2015

Related Party Transactions With Multichip Display Inc. Mdi Tables

Schedule of Related Party Transactions

The Company had the following related party transactions through June 30, 2015 for the time periods shown in the tables below. 

	For the Three Months Ended June 30,
Income & Expense Transactions:	2015		2014
Sales to MDI	$	118,509	$	183,159
Inventory purchases from MDI*		84,769		174,984
Rent expense paid to MDI		7,500		7,500
Interest expense		5,000		5,000
Balance Sheet Accounts as of:	June 30, 2015		September 30, 2014
Receivable from MDI	$	1,294,444	$	930,900
Accounts payable to MDI		1,281,092		1,018,831
Accrued interest payable to MDI		53,333		38,333
Convertible note payable to MDI		250,000		250,000