Note 11 – Related Party Transactions

Finance Lease Obligations – Related Party

During the years ended December 31, 2019 and 2018 the Company entered into three different related party finance lease obligations. See Note 5 for details.

Nexxis Capital

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 received funds of $12,794 during the year-ended December 31, 2019.