Related Party Transactions
|9 Months Ended|
Sep. 30, 2015
|Related Party Transactions [Abstract]|
|Related Party Transactions||
10. 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 Companys Chairman and CEO. Related consulting expenses of $0, $24,000 and $74,494 for the periods from inception (June 20, 2014) to September 30, 2014 and the three and nine months ended September 30, 2015, respectively were recorded on the condensed consolidated statements of operations.
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