Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions Disclosure

v3.10.0.1
Related Party Transactions Disclosure
6 Months Ended
Sep. 30, 2018
Notes  
Related Party Transactions Disclosure

NOTE 4 - RELATED PARTY TRANSACTIONS

 

There have been no changes to the Company’s related party consulting arrangements as they have been disclosed in our most recently filed form 10K.

 

Costs incurred associated with related party transactions included in general and administrative in the statement of operations are as follows:

 

 

 

For the six months ended

September 30,

 

 

2018

 

2017

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

   Toth and Associates LTD

 

$

87,000

 

$

80,000

   Capro LTD

 

 

48,000

 

 

66,000

   Eden Professional LTD

 

 

45,000

 

 

42,000

   Max Zhu Consulting

 

 

6,000

 

 

12,000

 

 

 

 

 

 

 

Total related party transactions

 

$

186,000

 

$

200,000

 

Accounts payable and accrued expenses includes amounts payable to related parties of $0.3 and $0.6 million for the period ended September 30, 2018 and March 31, 2018, respectively.