Multichip Display, Inc. (MDI) (Tables)

3 Months Ended

Dec. 31, 2017

Multichip Display Inc. Mdi Tables

Summary of sales and accounts receivable MDI

The Company had the following related party transactions through December 31, 2017 for the time periods shown in the tables below. 

	Three Months Ending December 31,
	2017		2016
Sales to MDI	$	112,500	$	160,000
Inventory purchases from MDI*		150,705		149,990
Interest expense to MDI		440		2,195
Receivable from MDI		1,448,320		783,650
Accounts payable to MDI		1,453,274		797,200
Accrued interest payable to MDI		440		71,180
Convertible note payable to MDI, net of discount of $18,298 in 2016		25,000		91,487

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*	Includes borrowings to pay for direct labor.