Note 10 - Related Party Transactions

12 Months Ended

Dec. 31, 2014

Note 10.

Related Party Transactions

Office rent of $4,800 and $4,600, was paid to a company owned by President in 2014 and 2013, respectively.

During 2014 and 2013, $4,517 and $4,311, respectively, was paid to the President’s spouse’s law firm.

During 2013, $3,810 was paid to the Secretary’s prior law firm for legal work. No amounts were paid to his prior law firm in 2014.

- 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.

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