Due from Related Parties
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3 Months Ended |
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Mar. 31, 2014
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Related Party Transactions [Abstract] | |
Due from Related Parties |
Note 8 - Due from Related Parties
Non-interest bearing amounts due on demand from a related party was $665,554 as of March 31, 2014 and December 31, 2013 and consisted primarily of amounts due from Sysorex Consulting, Inc. As Sysorex Consulting, Inc. is a direct shareholder of and an investor in the Company, the amounts due from Sysorex Consulting, Inc. as of March 31, 2014 and December 31, 2013 have been classified in and as a reduction of stockholders' deficiency.
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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/presentationRef
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