Related Party Transactions

9 Months Ended

Sep. 30, 2015

Note 13 — Related Party Transactions

During the nine months ended September 30, 2015, $325,625 of revenues were derived from a major stockholder (24% on as-converted to common stock basis with respect to shares of Series A Preferred Stock held by such stockholder) of the Company who also represented $290,625 of the accounts receivable balance at September 30, 2015. All such amounts were nil in the prior year’s period.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details