Capital Lease Obligations - Related Party (Details Narrative) - USD ($) |
Apr. 27, 2017 |
Jan. 24, 2017 |
Nov. 01, 2016 |
Jul. 10, 2016 |
May 01, 2014 |
Sep. 30, 2017 |
Apr. 27, 2016 |
|---|---|---|---|---|---|---|---|
| Capital lease obligation | $ 1,793,396 | ||||||
| Systems Trading, Inc. [Member] | Computer Hardware and Software [Member] | |||||||
| Capital lease obligation | $ 7,998 | $ 14,443 | |||||
| Interest rates on capitalized leases | 6.00% | 3.00% | 7.22% | 4.00% | |||
| Capital leases contingent monthly rental payments | $ 2,300 | $ 59,940 | $ 258 | $ 420 | $ 21,826 | ||
| Description on capital lease obligation |
On April 27, 2017, the Company entered into a lease with Systems Trading to add newly-acquired data center equipment. The lease is for calls for monthly payments of $2,300, and expires on May 1, 2020. It carries an interest rate of 4%. |
On January 24, 2017, the Company entered into a lease with Systems Trading to refinance old leases referenced above and to add newly acquired data center equipment. The lease is for calls for monthly payments of $59,940 and expires on February 1, 2020. It carries an interest rate of 6%. |
On July 10, 2016, the Company entered into a lease with Systems Trading. The lease is for $14,443, calls for monthly payments of $420 and expires on August 1, 2018. It carries an interest rate of 3%. |
The Company entered into a new lease agreement with Systems Trading, Inc. (“Systems Trading”), an entity 100% owned by DSC President and director, Harold J. Schwartz to refinance all outstanding leases into one capital lease. This lease obligation is payable to Systems Trading, Inc. with monthly installments of $21,826 from June 1, 2014 through May 1, 2018. This lease is secured with the computer equipment and has been capitalized. |