Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

Related Party Transactions
9 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transactions

Note 10 – Related Party Transactions


Finance Lease Obligations – Related Party


During the nine months ended September 30, 2022, the Company entered into two related party finance lease obligations. See Note 6 for details.


Nexxis Capital LLC


Charles M. Piluso (Chairman and CEO) and Harold Schwartz (President) collectively own 100% of Nexxis Capital LLC (“Nexxis Capital”). Nexxis Capital was formed to purchase equipment and provide leases to Nexxis Inc.’s customers. The Company received funds of $33,530 and $10,935 during the nine months ended September 30, 2022 and 2021 respectively.