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Related Party Transactions
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 4. RELATED PARTY TRANSACTIONS

Prior to October 18, 2016, the AAGC’s employees provided administrative/accounting support for (a) three golf retail stores, named Saint Andrews Golf Shop ("SAGS"), Las Vegas Golf and Tennis ("Boca Store") and Las Vegas Golf and Tennis Superstore (“Westside 15 Store”), owned by Ronald Boreta, the Company's President, and his brother, John Boreta, a Director of the Company. The SAGS store is a retail tenant in the golf center In connection with the closing of the Transfer Agreement in October 2016, AAGC ceased to be a subsidiary of the Company. The Company currently has no employees. The Company receives administrative/accounting support from related parties and is billed quarterly for these services.

 

Administrative/accounting payroll and employee benefits expenses were allocated based on an annual review of the personnel time expended for each entity. Amounts allocated to these related parties by the Company approximated $9,600 and $21,744 for the years ended December 31, 2017 and 2016, respectively.

 

In addition to the administrative/accounting support provided by AAGC to the above stores, the Company received funding for operations from these and various other stores owned by the Company’s President and his brother, and the former Chairman. These funds helped pay for office supplies, phone charges, postages and professional fees. The net amount due to these stores totaled $159,281 and $61,824 as of December 31, 2017 and 2016, respectively. The amounts are non-interest bearing and due out of available cash flows of the Company.