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Commitments and Contingencies
3 Months Ended
Apr. 30, 2014
Notes  
Commitments and Contingencies

NOTE 6: COMMITMENTS AND CONTINGENCIES

 

On December 4, 2013, the Company (the “Company,” the “Licensee”) executed an Agreement of the License of Intellectual Property (“License Agreement”) dated November 4, 2013 with Eco Science Solutions International, Inc., a Canadian corporation (“Licensor”), for the license of certain US and Canadian Patent Pending Applications in perpetuity.  In connection with the terms and conditions of the License Agreement, the Company will pay Licensor a royalty equal to three percent (3%) of Gross Revenues (the “Gross Revenues”) earned in connection with the Patent License, payable on a quarterly basis.  As of April 30, 2014, no Gross Revenues have been earned.