Note 6 - Related Party Transactions	12 Months Ended
Dec. 31, 2014
Notes
Note 6 - Related Party Transactions	Note 6 – Related Party Transactions The Company leases office space on a month-to-month basis from the CEO of the Company. The lease requires monthly payments of $1,000. The Company incurred rent expense of $12,000 during the years ended December 31, 2014 and 2013. At December 31, 2014 and 2013, $1,000 was included in accounts payable for rent. The Company has an agreement with its CEO to provide executive services. The agreement requires monthly payments of $10,000. The Company incurred management and consulting fees of approximately $120,000 during the years ended December 31, 2014 and 2013. At December 31, 2014 and 2013, $10,000 was included in accounts payable for management services.

Note 6 - Related Party Transactions

12 Months Ended

Dec. 31, 2014

Note 6 – Related Party Transactions

The Company leases office space on a month-to-month basis from the CEO of the Company. The lease requires monthly payments of $1,000. The Company incurred rent expense of $12,000 during the years ended December 31, 2014 and 2013. At December 31, 2014 and 2013, $1,000 was included in accounts payable for rent.

The Company has an agreement with its CEO to provide executive services. The agreement requires monthly payments of $10,000. The Company incurred management and consulting fees of approximately $120,000 during the years ended December 31, 2014 and 2013. At December 31, 2014 and 2013, $10,000 was included in accounts payable for management services.

- 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.

+ References+ Details

ALLIED RESOURCES INC 10-K