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(q) Commitment and Contingencies (Policies)
12 Months Ended
Dec. 31, 2013
Policies  
(q) Commitment and Contingencies

(q) Commitment and Contingencies

 

The Company follows subtopic ASC Topic 450 “Contingencies” to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such an assessment inherently involves an exercise of judgment. As of December 31, 2013, management is not aware of any such contingencies that would have a material adverse effect on the Company’s financial position or results of operations.