|
5. RELATED PARTY TRANSACTIONS
|
3 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
|||
| Related Party Transactions [Abstract] | |||
| 5. RELATED PARTY TRANSACTIONS |
The Company leases an office building and equipment from an entity owned by related parties on a month-to-month basis. Rent expense amounted to $24,112 for the three months ended March 31, 2013 and 2012, respectively.
The Company maintains deposits and other accounts at a bank which is less than 5%-owned by related parties and where a stockholder and Company director is a member of the Board of Directors of the bank. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|