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Re: jet101 post# 11866

Tuesday, 01/29/2019 10:30:00 AM

Tuesday, January 29, 2019 10:30:00 AM

Post# of 164203
from page 20 of the latest 10Q:


RELATED PARTY TRANSACTIONS

Designcenters.com

This entity is owned by Jamie Rotman, who is the daughter of the Company's CEO, Steven Rotman. Designcenters provides bookkeeping and management services to the Company. In exchange for such services, the Company has entered into a consulting agreement with the related party entity. Compensation of approximately $21,000 was paid in cash during the three months ended September 30, 2018 (see Note 8).

Blue Oar Consulting, Inc.

This entity is owned by Gregory Rotman, who is the son of the Company's CEO, Steven Rotman. Blue Oar provides business consulting services to the Company. In exchange for such services, the Company has entered into a consulting agreement with the related party entity (see Note 8). In addition to stock-based compensation beginning April 2018, Blue Oar received $15,000 monthly in cash compensation for consulting services
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