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

9. RELATED PARTY TRANSACTIONS

 

Certain stockholders made cash advances to the Company to help with short-term working capital needs. The net proceeds (repayments) from stockholders with unstructured payment plans amounted to $0 and $(11,401) for the six months ended June 30, 2019 and 2018, respectively. The total balance due on unstructured loans from stockholders amounted to $266,512 and $266,512 at September 30, 2019 and December 31, 2018, respectively. Loans from stockholders made with repayment terms are described in Note 4 above.

 

During the six months ended September 30, 2019, the Company advanced $26,419 to Medical Therapeutics, its’ former subsidiary sold in 2018.