Related Party Transactions

6 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Note 9 - Related Party Transactions

During the period ended June 30, 2015, the Company recorded office and general expenses of $30,673 (2014 $22,800) related to services rendered to the Company by its shareholder. The full amount was charged to the shareholder loan account.

During the period ended June 30, 2015, the Company incurred repairs and maintenance expenses of $3,706 related to its prior office space which is owned by an officer of the Company.

As at June 30, 2015, the Company had $7,990 (December 31, 2014 $8,278) receivable from a related party that is a company controlled by an officer of the Company. The amounts are non interest bearing and are repayable on demand.