Note 7 – Rent Obligation

9 Months Ended

Sep. 30, 2015

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

NOTE 7 – RENT OBLIGATION

The Company leases its principal office under a lease that can be cancelled after three years with proper notice per the lease and an amortized schedule of adjustments that will be due to the landlord. The lease extends five years and expires January 2018. In addition to rent, the Company pays real estate taxes and repairs and maintenance on the leased property. Rent expense was $15,900 and $50,156 for the three and nine months ended September 30, 2015 and was $15,719 and $46,321 for the three and nine months ended September 30, 2014 respectively.

The Company’s rent obligation for the next five years is as follows:

2015	$	9,250
2016	$	38,000
2017	$	39,000
2018	$	3,600
2019	$	-