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Note 5 - Related Party Transactions
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
5.
  Related Party Transactions
 
During the
nine
months ended
September 30, 2019,
Gust C. Kepler, a Director, President, Chief Executive Officer, Chief Financial Officer and Secretary of the Company advanced
$68,442
to the Company and he was repaid
$133,173.
The balance remaining of
$28,349
is owed to the Company, is unsecured and bears
no
interest.
 
During the
nine
months ended
September 30, 2019
the Company advanced
$1,500
to its VP/Director of Operations and the balance remains outstanding, is unsecured and bears
no
interest.
 
During the
nine
months ended
September 30, 2019
and
2018,
the Company engaged the services of Karma Black Box LLC (“Karma”), whose
two
stockholders became Company stockholders as a result of the Exchange Agreement with Tiger Trade and its stockholders (Note
1
), for application development services of the Company’s Blackbox System technology. Karma began operating as EDM Operators (“EDM”) in the last quarter of
2018.
During the
nine
months ended
September 30, 2019
and
2018,
Karma/EDM was paid
$13,500
and
$36,000
for services, respectively.
 
During the
nine
months ended
September 30, 2019,
one
of the stockholders of EDM advanced
$25,000
to the Company. The balance of
$25,000
remains outstanding as of
September 30, 2019
is unsecured and bears
no
interest.
 
G2
International, Inc. (
“G2”
), which does business as IPA Tech Group (“IPA”), 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. As of
September 30, 2019
the Company has a prepaid balance of
$36,700
for public relations and marketing services with
G2/IPA.
These funds are reserved in anticipation of a future campaign to move the Company’s stock to listing on a national exchange.