Note 9 - Related Party Transactions
|9 Months Ended|
Sep. 30, 2018
|Note 9 - Related Party Transactions||
NOTE 9 RELATED PARTY TRANSACTIONS
Due to Related Party
See Note 4 Due to Related Party for disclosure of payable to related Party.
Loan Payable Related Party
See Note 5 Loan Payable Related Parties for disclosure of loans payable to related Parties
See Note 7 Stockholders Deficit for disclosure of warrants to purchase 1,000,000 shares of common stock at an exercise price of $.11 with a term of 5 years to the Executive Director of Asia Operations (a consultant). The Executive Director of Asia Operations is the spouse of the Chief Financial Officer. The Executive Director of Asia Operations is contracted on a month to month basis.
See Note 7 Stockholders Deficit for disclosure of compensation to the Chief Financial Officer.
See Note 8 Commitments and Contingencies for disclosure of the Employment Agreement with the Chief Executive Officer.
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://fasb.org/us-gaap/role/ref/legacyRef