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EXCEL - IDEA: XBRL DOCUMENT - Volt Solar Systems, Inc.Financial_Report.xls
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EX-32.2 - Volt Solar Systems, Inc.ex32-2.htm
EX-32.1 - Volt Solar Systems, Inc.ex32-1.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - Volt Solar Systems, Inc.ex21-1.htm
EX-31.2 - Volt Solar Systems, Inc.ex31-2.htm
EX-10.5 - STOCK PURCHASE AGREEMENT (SEPTEMBER 20, 2012) WITH FIRST POWER & LIGHT LLC - Volt Solar Systems, Inc.ex10-5.htm
10-K - MAINSTREAM ENTERTAINMENT, INC. FORM 10-K FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2012 - Volt Solar Systems, Inc.mainstream10k093012.htm
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EX-10.6 - FIRST ADDENDUM TO STOCK PURCHASE AGREEMENT (JANUARY 4, 2013) WITH FIRST POWER & LIGHT, LLC - Volt Solar Systems, Inc.ex10-6.htm
v2.4.0.6
RELATED PARTY TRANSACTIONS
12 Months Ended
Sep. 30, 2012
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 7 – RELATED PARTY TRANSACTIONS

 

All of the non-trade debt financing and related interest expense for the Company have been provided by and paid or accrued to the principal shareholder or entities controlled by him, see Note 5.

 

The facility at which the equipment held is stored is owned by an entity controlled by the principal shareholder and the rent expense for usage is contributed by the shareholder as additional paid in capital in the amounts of $400, $400, and $1,400 for the twelve months ended September 30, 2012 and 2011 and from inception to September 30, 2012, respectively.

 

On April 2010, the Company loaned Sexy Fishing Lures, Inc., a related entity, $100.  On October 1, 2010, the outstanding loan from Sexy Fishing Lures, Inc. and accrued interest receivable of $2 was forgiven in exchange for relief on $102 of debt owed to Jeffrey Martin.

 

As of January 1, 2011, the demand note from a business owned and controlled by the principal shareholder was assumed by Jeffrey Martin.