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Commitments

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Note 17 — Commitments

The Company leases office and manufacturing space under operating leases that expires on September 30, 2015. It requires monthly payments of $4,200 plus insurance, taxes and common charges.

Rent expense for the years ended December 31, 2014 and 2013 totaled $116,743 and $104,766, respectively.

Future minimum payments required under operating lease obligations as of December 31, 2014 were as follows:

		Total Minimum
2015		Lease Payments

$	81,080	$	81,080

For the lease agreements described above, the Company is required to pay the pro rata share of the real property taxes and assessments, expenses and other charges associated with these facilities.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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