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4. Related Party Transactions
9 Months Ended
Sep. 30, 2012
Related Party Transactions [Abstract]  
Note 4. Related Party Transactions

Allen Lin

 

The Company paid Mr. Allen Lin, President of H&H Glass and a member of the board of directors of the Company, salary of $62,500 and $57,500 for the three-month periods ended September 30, 2012 and 2011, respectively, and $187,500 and $172,500 for the nine-month periods ended September 30, 2012 and 2011, respectively. 

 

Josephine Lin

 

Josephine Lin, Mr. Lin’s wife, is employed by the Company and was paid salary of $14,000 for each of the three-month periods ended September 30, 2012 and 2011, and $42,000 for each of the nine-month periods ended September 30, 2012 and 2011

 

William Gresher

 

For each three-month period ended September 30, 2012 and 2011, Mr. Gresher, a member of the Board of Directors, was paid $1,500 in cash for Director fees.

 

For each nine-month period ended September 30, 2012 and 2011, Mr. Gresher, a member of the Board of Directors, was paid $4,500 in cash for Directors fees.

 

Owen Naccarato

 

For each three-month period ending September 30, 2012 and 2011 respectively, Mr. Naccarato, a member of the Board of Directors, was paid $9,000 in cash for legal fees and for the three month period ending September 30, 2012 was paid $1,500 in cash for Directors fees.

 

For each nine-month period ending September 30, 2012 and 2011 respectively, Mr. Naccarato, a member of the Board of Directors, was paid $27,000 in cash for legal fees and for the nine month period ending September 30, 2012 was paid $3,000 in cash for Directors fees.

 

Easy Global Company, Ltd.

 

The chairman of Easy Global Company, Ltd. is also a shareholder of EZ Link Corporation. EZ Link rents its offices from Easy Global Company, Ltd. During the three months ended September 30, 2012 and 2011, EZ Link paid $11,509 and $11,691, respectively, and for the nine months ended September 30, 2012 and 2011, EZ Link paid $34,714 and $32,280, respectively to Easy Global Company for rent expense.