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Related Party Transactions
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12 Months Ended |
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Dec. 31, 2014
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| Related Party Transactions [Abstract] | |
| Related Party Transactions |
Note 8 - Related Party Transactions
Due to related party represents rent accrued to a partnership controlled by Mr. Piluso for the New York Data Center in New York. The rent expense for the data center is $1,500 per month plus electric service. As of December 31, 2014 and 2013, the Company owed this related party $245,601 and $207,848, respectively.
Charles Piluso, CEO, from time to time advances the Company money to fund the business. These advances bear no interest and have no stated terms of repayment. As of December 31, 2014 and 2013, the Company owed Mr. Piluso $1,065,762 and $801,875, respectively. |
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- Details
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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