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Related Party Transactions
9 Months Ended
Sep. 30, 2016
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 6 – Related Party Transactions


During the nine months ended September 30, 2016, the Company issued warrants to its president and principal shareholder in exchange for cash as more fully described in Notes 3 and 8.


In April 2016, the Company appointed a new director to its board.  The new board member is a principal in a firm the Company hired to perform engineering and design services for the Company.  For the nine months ended September 30, 2016, the Company has paid $154,000 to the board member’s firm for engineering and design services, which are include in research and development costs in the consolidated statement of operations.  


In August 2016, the board of directors awarded our acting CEO and Chief Technology Officer an incentive bonus of $75,000 to be paid over a 12 month period in recognition of the new products developed for the Company during 2016.