Oklahoma Technology Commercialization Center

9 Months Ended

Sep. 30, 2016

Oklahoma Technology Commercialization Center [Abstract]

OKLAHOMA TECHNOLOGY COMMERCIALIZATION CENTER

11. 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. On September 23, 2016, the parties agreed to settle the obligation for $35,000 with the balance of $75,000 written off and recorded as debt forgiveness.