Oklahoma Technology Commercialization Center

6 Months Ended

Jun. 30, 2016

Oklahoma Technology Commercialization Center [Abstract]

OKLAHOMA TECHNOLOGY COMMERCIALIZATION CENTER

10. OKLAHOMA TECHNOLOGY COMMERCIALIZATION CENTER

At the time of the April 30, 2014 merger between MacroSolve, Inc. (“MacroSolve”) and the Company, MacroSolve had a $110,000 balance on its refundable award from the State of Oklahoma Technology Business Finance Program. The Company has not made any reductions in the award, so the Company is in default. The parties are discussing a release from the debt that is unrelated to the current operations.