Capital Lease Obligations - Related Party (Details Narrative) - Systems Trading, Inc. [Member] - Computer Hardware and Software [Member] - USD ($) |
Apr. 27, 2017 |
Jan. 24, 2017 |
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| Interest rates on capitalized leases | 4.00% | 6.00% |
| Capital leases contingent monthly rental payments | $ 2,300 | $ 59,940 |
| Description on capital lease obligation |
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%. |
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- Definition It represents as a capital leases contingent monthly rental payments due. No definition available.
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- Definition The percentage points added to the reference rate to compute the variable rate on the lessee's capital lease. No definition available.
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- Definition A general description of the lessee's leasing arrangements including, but not limited to, the following: a) the basis on which contingent rental payments are determined; (b) the existence and terms of renewal or purchase options and escalation clauses; (c) restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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