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LEASE COMMITMENT
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
NOTE 8. LEASE COMMITMENT

The Company uses premises provided by its Chairman of the Board of Directors under a Lease Agreement effective January 1, 2017. The agreement has a term of one year and provides for rent of $3,000 per month. For the three and six months ended June 30, 2017 and 2016, rent expense was $9,000, $18,000, $0 and $0, respectively.