Alto Ingredients, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

13. RELATED PARTY TRANSACTIONS

13. RELATED PARTY TRANSACTIONS	12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]
13. RELATED PARTY TRANSACTIONS	Preferred Dividends – The Company had accrued and unpaid dividends in respect of its Series B Preferred Stock of $0 and $3,657,000 as of December 31, 2014 and 2013, respectively. As further discussed in Note 8, the Company issued common stock in payment of certain accrued and unpaid dividends. Note Payable to Related Party – The Company had a note payable to its Chief Executive Officer totaling $750,000 as of December 31, 2013, which was paid in full in cash on its maturity date on March 31, 2014.

13. RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2014

Preferred Dividends – The Company had accrued and unpaid dividends in respect of its Series B Preferred Stock of $0 and $3,657,000 as of December 31, 2014 and 2013, respectively. As further discussed in Note 8, the Company issued common stock in payment of certain accrued and unpaid dividends.

Note Payable to Related Party – The Company had a note payable to its Chief Executive Officer totaling $750,000 as of December 31, 2013, which was paid in full in cash on its maturity date on March 31, 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