Related Party Transactions |
6 Months Ended |
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Jun. 30, 2015 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions |
7. Related Party Transactions
The Company contracted with Preferred Flow for consulting on electrochemical process optimization. Preferred Flow is wholly owned by Richard Clarke, the brother of Stephen Clarke, the Company’s Chairman and CEO. Since inception (June 20, 2014) to June 30, 2014 and the three and six months ended June 30, 2015 consulting expenses of $0, $35,985 and $54,494, respectively, were recorded on the condensed consolidated statements of operations. |
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- References No definition available.
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- 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
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