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EXCEL - IDEA: XBRL DOCUMENT - Earn-A-Car Inc.Financial_Report.xls
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v2.4.0.6
RELATED PARTY TRANSACTIONS AND ACTIVITIES (Table)
9 Months Ended
Nov. 30, 2012
RELATED PARTY TRANSACTIONS AND ACTIVITIES  
RELATED PARTY TRANSACTIONS AND ACTIVITIES
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
                                               ========              ========