Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v2.4.1.9
Related Party Transactions
3 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 11 – RELATED PARTY TRANSACTIONS

 

Consulting agreement

 

As part of consulting agreements, a director provided consulting services to the Company. The Company incurred $64,615, in consulting fees to this director for the three-months ended March 31, 2015 and 2014.

 

Amounts payable under these agreements were $265,597 and $210,212, as of March 31, 2015 and December 31, 2014, respectively.