Capital Lease Obligations - Related Party (Details Narrative) - USD ($) |
Mar. 07, 2018 |
Apr. 27, 2017 |
Jan. 24, 2017 |
Jun. 30, 2018 |
|---|---|---|---|---|
| Capital lease obligation | $ 1,963,487 | |||
| Systems Trading, Inc. [Member] | Computer Hardware and Software [Member] | ||||
| Interest rates on capitalized leases | 5.00% | 4.00% | 6.00% | |
| Capital leases contingent monthly rental payments | $ 23,475 | $ 2,300 | $ 59,940 | |
| Description on capital lease obligation |
On March 7, 2018, the Company entered into a lease with Systems Trading, Inc. (“Systems Trading”), a company owned by DSC’s President, to refinance old leases and Notes payable – related party referenced above and in Note 7. The lease calls for bi monthly payments of $23,475 and expires on April 6, 2022. It carries an interest rate of 5%. |
On April 27, 2017, the Company entered into a lease with Systems Trading to add newly-acquired data center equipment. The lease is for calls for monthly payments of $2.300, and expires on May 1, 2020. It carries an interest rate of 4%. |
On January 24, 2017, the Company entered into a lease with Systems Trading to refinance old leases referenced above and to add newly acquired data center equipment. The lease is for calls for monthly payments of $59,940 and expires on February 1, 2020. It carries an interest rate of 6%. |