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EXCEL - IDEA: XBRL DOCUMENT - Earn-A-Car Inc.Financial_Report.xls
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EX-31 - Earn-A-Car Inc.ex31-1.txt
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10-Q - Earn-A-Car Inc.g6534.txt
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v2.4.0.6
RELATED PARTY TRANSACTIONS
9 Months Ended
Nov. 30, 2012
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS
9. RELATED PARTY TRANSACTIONS
 
The Company engages in activities with parties who hold ownership in the
Company. The Company borrows funds from related parties and pays consulting fees
to related parties. The related party transactions are as follows:
 
                                              November 30,          February 29,
                                                 2012                  2012
                                               --------              --------
 
Loans payable to shareholders:
  Cobalt Capital (Pty) Ltd.                    $      0              $      0
  G. Yannakopoulos                                    0                     0
  G. Hardie                                           0                 1,000
                                               --------              --------
Total loans payable to related parties         $      0              $  1,000
                                               ========              ========
Loans receivable from shareholders
  Cobalt Capital (Pty) Ltd.                    $      0              $      0
  M. DuPlessis                                        0                     0
  G. Yannakopoulos                                    0                     0
                                               --------              --------
Total loans receivable from related parties    $      0              $      0
                                               ========              ========
Compensation paid to directors
   M. DuPlessis                                       0                52,482
   G. Yannakopoulos                                   0                52,482
                                               --------              --------
                                               $      0              $104,964
                                               ========              ========