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15. Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

The Company’s President and Chairman, John Lawrence, rents equipment to the Company and charges the Company for lodging and meals provided to consultants, customers and other parties by an entity that Mr. Lawrence owns. The amount due to Mr. Lawrence as of December 31, 2019 and 2018 was $156,975 and $93,567, respectively. Expenses paid to Mr. Lawrence for the years ended December 31, 2019 and 2018 were $9,799 and $9,634, respectively

 

During 2019, the Company’s President and Chairman, John Lawrence, made loans to the Company totaling $227,200, of which $35,066 had been repaid as of December 31, 2019, leaving a note balance of $192,134. During 2018, Mr. Lawrence advanced the Company $135,000 for ongoing expenses, this amount had been fully repaid as of December 31, 2018.

 

John C. Gustaven, First Vice-President, loaned the Company $10,200 during 2019, of which none had been repaid as of December 31, 2019.