Quarterly report pursuant to Section 13 or 15(d)

12. Related Party Transactions

v3.7.0.1
12. Related Party Transactions
9 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

For the three months ended June 30, 2017 and 2016, the Company recognized total interest expense of $63,194 and $127,280, respectively. During the nine months ended June 30, 2017 and June 30, 2016, the Company recognized total interest expense of $189,583 and $498,510, respectively, associated with the ICG notes. The two outstanding Cathay Bank notes are guaranteed by Tony Isaac, a director of the company.

 

Also see Notes 7, 8 and 9.