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11. RELATED PARTY TRANSACTIONS
 3 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
11. RELATED PARTY TRANSACTIONS

11. RELATED PARTY TRANSACTIONS 

  

Zachary Bradford – Chief Executive Officer and Director

 

During the three months ended December 31, 2020, the Company paid Blue Chip Accounting, LLC (“Blue Chip”) $30,000 for accounting, tax, administrative services and reimbursement for office supplies. Blue Chip is 50% beneficially owned by Mr. Bradford. None of the services were associated with work performed by Mr. Bradford. The services consisted of bookkeeping, accounting, and administrative support assistance. The Company also sub-leases office space from Blue Chip (see Note 15 for additional details). During the three months ended December 31, 2020, $4,575 was paid to Blue Chip for rent.

 

Matthew Schultz - Chairman of the Board

 

The Company entered into an agreement on November 15, 2019 with an organization to provide general investor relations and consulting services that Mr. Schultz is affiliated with. The Company paid the organization $27,000 in fees plus $85,150 in expense reimbursements for the three months ended December 31, 2019. The agreement was terminated in March 2020.