Quarterly report pursuant to Section 13 or 15(d)

Related Parties

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Related Parties
9 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
Related Parties

Note 9 – Related Parties

 

CEO and Interim CFO

 

Effective on October 5, 2018, the Board appointed Howard R. Yeaton, to serve as the Chief Executive Officer and interim Chief Financial Officer of the Company. Mr. Yeaton is the managing principal of FCS and the Company’s relationship with FCS shall continue, with FCS continuing to provide accounting services to the Company. FCS is considered to be a related party. During the three and nine months ended September 30, 2019, the Company incurred costs of $15,382 and $38,888, respectively with FCS in connection with these services. As of September 30, 2019, the Company owed FCS $18,322, which is included in trade and other payables on the Condensed Consolidated Balance Sheet.