v3.20.1
Related Party Transactions (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Related party transaction included within interest expense:
Interest expenses on promissory notes issued to relatives of the Chairman & Chief Executive Officer of the Company
$ 78,792
$ 74,782
Interest expense on lines of credit payable to the Chairman & Chief Executive Officer of the Company and his spouse
356,454
333,250
Related party transactions including within selling, general and administration expenses:
Consulting fees to the Chairman & Chief Executive Officer of the Company accrued on the line of credit available to the Company
62,400
47,400
Stock options granted to four members of the Board of Directors of the Company
264,589
Related party transactions included within product development expenses
Consulting fees to a relative of the Chairman and Chief Executive Officer of the Company
$ 30,000
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