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9. Related Party Transactions
3 Months Ended
Mar. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

The Company’s previous President and Chairman, John Lawrence, rented equipment to the Company and charged the Company for lodging and meals provided to consultants, customers and other parties by an entity that Mr. Lawrence owned. The amount due to Mr. Lawrence’s estate as of March 31, 2021 and December 31, 2020 was $6,094 and $171,017, respectively. During the three months ended March 31, 2021, the Company paid $164,922 to John Lawrence’s estate as reimbursement for these advances.

 

During 2019, Mr. Lawrence advanced funds to the Company that had a balance at December 31, 2020 of $56,216. During the three month period ended March 31, 2021, the Company paid First Security Bank on behalf of Mr. Lawrence $56,216. The balance of the advances due to Mr. Lawrence at March 31, 2021 is $0.

 

John C. Gustaven, Interim Chief Executive Officer of the Company, has an advance due from the Company of $200 at December 31, 2020. During the three month period ended March 31, 2021, the Company did not make any payments to Mr. Gustaven on these advances.