![](https://investorshub.advfn.com/uicon/628541.png?cb=1502899008)
Thursday, May 23, 2019 11:52:23 PM
..As of March 31, 2019, the company had no outstanding accounts receivable balance with its customers.
Related Party Transactions
Debt A g reements
On March 1, 2015 the Company entered into a Line of Credit Agreement with P413 at an interest rate of 6%. This line of credit has a balance of $1,168,933 and $352,100 at December 31, 2018 and December 31, 2017, respectively. On May 2, 2018, this line of credit was extended to April 1, 2020. On September 1, 2018, the line of credit was extended to September 1, 2020.
Professional Service A g reements
On March 1, 2015 the Company entered into an Outsourcing Agreement with P413 Management, LLC (“P413”) to provide back office services to P413. The Company reported no revenues under this Agreement for the three and nine months ended September 30, 2018 and 2017, respectively.
https://www.otcmarkets.com/filing/html?id=13443482&guid=4sLyUW5ugLZMVyh
NO AR, sales stinks.
2015 back office service is no better than CFO offering his office address to be used by Ceo-PD-tm as ticker business address!
gltu
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