7. Related Party Transactions |
3 Months Ended |
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Mar. 31, 2019 | |
Related Party Transactions [Abstract] | |
Related Party Transactions |
Note 7 – Related Party Transactions
Revenue generated from Vitashower Corp., a company owned by the CEO, amounted to $3,000 and $7,375 for the three months ended March 31, 2019 and 2018, respectively. The accounts receivable balance due from Vitashower Corp. amounted to $2,000 and $39,625 as of March 31, 2019 and December 31, 2018, respectively.
Compensation for services provided by the President and Chief Executive Officer for the three months ended March 31, 2019 and 2018 amounted to $30,000 and $30,000, respectively. |
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- References No definition available.
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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://fasb.org/us-gaap/role/ref/legacyRef
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