Related party transactions

9 Months Ended

Sep. 30, 2013

Note 14: Related party transactions

FanTD - loan payable to members

The Company has a loan payable to certain founding members of FanTD. The loan served to temporarily assist with FanTD’s operating expenditures. The outstanding balance as of September 30, 2013 was $100. The loan bears no interest and is payable on demand and no later than December 31, 2013. On October 30, 2013, the Company paid $50 towards the outstanding balance.

- 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.

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