Contract and Contribution Payable (Tables)

6 Months Ended

Jun. 30, 2016

Contract And Contribution Payable Tables

Summary of contract and contribution payable

	2016			2015
Contribution payable to the University of Pittsburgh, in quarterly installments of $9,375, through July 2016	$	9,375		$	28,125
Contract payable to Dr. Jorg Gerlach in connection with the APA. $50,000 is due on December 31, 2016 and $100,000 is due on December 31, 2017		150,000			200,000
Contract for option agreement purchase		-			6,000
Total		159,375			234,125
Less: current portion		(59,375	)		(134,125	)
Long-term portion	$	100,000		$	100,000