COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

NOTE 7 — COMMITMENTS AND CONTINGENCIES

Distribution contract — Cardinal Health Specialty Pharmacy Services has been contracted to distribute NutreStore to other wholesale distributors and some independent pharmacies since April 2008. For these services, the Company pays a monthly commercialization management fee of $5,000.

Operating leases — The Company leases its office space under operating leases with unrelated entities. The rent expense during the three months ended June 30, 2016 and 2015 amounted to $147,598 and $125,122, respectively. The rent expense during the six months ended June 30, 2016 and 2015 amounted to $ 291,963 and $243,314, respectively.

Future minimum lease payments under the agreements are as follows as of June 30, 2016:

Year	Amount
2016 (six months)	$	284,507
2017	561,670
2018	517,790
2019	123,875
	$	1,487,842