13. COMMITMENTS

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

13. COMMITMENTS

13.           Commitments.

The Company is committed to minimum rental payments for property and premises aggregating approximately $64,524 over the term of two leases, the last expiring on October 31, 2015.

Commitments during 2015 are approximately as follows:

2015 $ 64,528