3 - RELATED PARTY TRANSACTIONS
- Service The Company, through its wholly owned subsidiary, Focus, received $1,303 in service revenues from parties related
to our CEO during the fiscal year ended September 30, 2011. The revenue was booked at the same rate as that of non-affiliated
compensation - During the years ended September 30, 2012 and 2011, respectively, the Company paid management fees of $120,000
and $105,900 to its officers.
- During the years ended September 30, 2012 and 2011, respectively, the Company paid $10,462 and $30,000 for consulting services
to officers and directors or entities related to or under the control of an officer or director of the Company.
cards payable During the years ended September 30, 2012 and 2011, the Companys current and former officers extended
credit to the Company and/or its subsidiaries in the form of personal credit card usage in the amount of $19,367 and $17,187,
payable During the fiscal year ended September 30, 2012 and 2011, a company closely held by an officer of the company,
loaned the Company $28,456 and $23,388, respectively. The loan is due on demand and carries no interest. Imputed interest
is included in the accompanying Consolidated Statements of Operations.