Note 5 - Commitments and Contingencies

3 Months Ended

Dec. 31, 2015

Notes

Note 5 - Commitments and Contingencies

Note 5 – Commitments and Contingencies

Operating Lease

We leased office and lab space under an operating lease, which originally expires August 31, 2016.  The lease may be cancelled upon a 30-day notice.  During November, 2015 we exercised our right to cancel and notified the landlord that we would vacate the premises.

Rent expense was $3,880 and $6,331 for the three months ended December 31, 2015 and 2014, respectively.