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RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 31, 2016
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

6.  Related Party Transactions

 

Karma Black Box LLC (Karma)

 

During the period April 28, 2014 through March 31, 2016, the Company engaged the services of Karma, which became a Company stockholder as a result of the Exchange Agreement with Tiger Trade (Note 4), for application development services of the Company's Blackbox System technology.   Karma was issued 5,000,000 shares of Tiger Trade common stock in exchange for some of the services valued at $5,000.  At March 31, 2016 and December 31, 2015, there were no accounts payable owed to Karma.

 

G2 International, Inc. (G2)

G2, which does business as IPA Tech Group ("IPA") (Note 7), is a company wholly owned by Gust C. Kepler, a Director, President, Chief Executive Officer, Chief Financial Officer and Secretary of the Company, and the Company's  controlling stockholder. During the three months ended March 31, 2016 and 2015, G2 provided software development services to the Company totaling $0 and $3,000, respectively.  In 2016 G2/IPA refunded $50,750 of prepayments leaving a prepaid balance of $85,250 as of May 23, 2016.  During the three months ended March 31, 2016 and 2015 the Company incurred $0 and $30,077 of expenses with G2, respectively.  At March 31, 2016 and December 31, 2015, there were no accounts payable owed to G2.