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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
RELATED PARTY TRANSACTIONS

NOTE 2. RELATED PARTY TRANSACTIONS

 

All Company sales of $100,642 and $61,562 for 2010 and 2011 were to companies related by common control of the Company’s officers. Creation and sales of maps to the related companies are made on “as needed” basis, with prices dependent on the map work and complexity involved.

 

The Company recorded donated services expense of $6,000 for office space donated by an officer in 2010. The Company in 2011 paid a company related by common control $5,100 for office rent under a verbal, as requested arrangement.