Related Party Transactions |
9 Months Ended |
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Sep. 30, 2020 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions |
Note 10 – Related Party Transactions
Finance Lease Obligations – Related Party
During the nine months ended September 30, 2020, the Company entered into one related party finance lease obligations. See Note 5 for details.
Nexxis Capital LLC
Charles Piluso and Harold Schwartz collectively own 100% of Nexxis Capital LLC (“Nexxis Capital”). Nexxis Capital was formed to purchase equipment and provide leases to Nexxis Inc.’s customers.
The Company did not receive any funds from Nexxis Capital during the nine months ended September 30, 2020 and 2019. |
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- References No definition available.
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- Definition 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/disclosureRef
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