15. COMMITMENTS

12 Months Ended

Dec. 31, 2013

Notes to Financial Statements

Note 15. COMMITMENTS

The Company is committed to minimum rental payments for property and premises aggregating approximately $149,944 over the term of three leases, the last expiring on September 30, 2014.

Commitments in each of the next five years are as follows:

2013	$	138,944
2014	$	11,000