Related Party Transactions	12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Note 11 – RELATED PARTY TRANSACTIONS During the years ended December 31, 2014 and 2013, the Company contracted services from a related companies controlled by shareholders and officers of this Company. Contracted services included management fees, consulting expenses, rent and development costs that amounted to $376,886 and $82,380, respectively. As of December 31, 2014 and 2013, the company had accounts payable to the related companies for $118,730 and $82,380, respectively and a reimbursement payable to the president of the Company for $11,000 as of December 31, 2014. On November 4, 2014, the Company entered into a consulting agreement with a company owned by their Interim Chief Financial Officer to provide monthly accounting and financial services. The monthly fees for these services is $4,200 plus 50% of the fees earned to be paid in common stock each quarter. As of December 31, 2014, the Company paid $8,400 for the monthly accounting service and recorded $4,200 for shares to be issued. On April 16, 2014 the Company entered into a $350,000 convertible loan agreement with a $70,000 warrant, as discussed in Note 9, with a financial fund. The general partners of the financial fund are directors and officers of this Company. The loan and the warrant was converted into common shares on May 14, 2014.

Related Party Transactions

12 Months Ended

Dec. 31, 2014

Note 11 – RELATED PARTY TRANSACTIONS

During the years ended December 31, 2014 and 2013, the Company contracted services from a related companies controlled by shareholders and officers of this Company. Contracted services included management fees, consulting expenses, rent and development costs that amounted to $376,886 and $82,380, respectively.

As of December 31, 2014 and 2013, the company had accounts payable to the related companies for $118,730 and $82,380, respectively and a reimbursement payable to the president of the Company for $11,000 as of December 31, 2014.

On November 4, 2014, the Company entered into a consulting agreement with a company owned by their Interim Chief Financial Officer to provide monthly accounting and financial services. The monthly fees for these services is $4,200 plus 50% of the fees earned to be paid in common stock each quarter. As of December 31, 2014, the Company paid $8,400 for the monthly accounting service and recorded $4,200 for shares to be issued.

On April 16, 2014 the Company entered into a $350,000 convertible loan agreement with a $70,000 warrant, as discussed in Note 9, with a financial fund. The general partners of the financial fund are directors and officers of this Company. The loan and the warrant was converted into common shares on May 14, 2014.

- 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

FlikMedia, Inc. 10-K/A