INTELLECTUAL PROPERTY/ LICENSING RIGHTS (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
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Intellectual Property Licensing Rights Details Narrative | ||||
Amortization | $ 33,088 | $ 33,088 | $ 66,176 | $ 66,176 |
Aggregate purchase price | 1,132,000 | |||
Obligation paid | $ 1,000,000 | $ 1,000,000 | ||
Common stock for licensing rights | 3,000,000 | |||
Market value of stock | $ 0.044 | $ 0.044 |
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- References No definition available.
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- References No definition available.
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- Definition The amount of amortization of deferred charges applied against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The par value of the auction market preferred security. No definition available.
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- Definition Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal through the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net cash inflow or outflow associated with the aggregate amount of adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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