RELATED PARTY TRANSACTIONS |
12 Months Ended | |
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Dec. 31, 2018 | ||
Related Party Transactions [Abstract] | ||
Related Party Transactions Disclosure [Text Block] |
NOTE 11 – RELATED PARTY TRANSACTIONS The Company is leasing office space from Arenaco, LLC, a company that is owned by two stockholders’ of the Company, Mr. Rochford, Chairman of the Board of the Company, and Mr. McCabe, a Director of the Company. During the years ended December 31, 2018, 2017 and 2016, the Company paid $60,000, $60,000 and $60,000, respectively, to this company. |
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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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