Note 10. Litigation Accruals.

12 Months Ended

Dec. 31, 2015

Notes

Note 10. Litigation Accruals.

Note 10. Litigation Accruals.

On November 9, 2015, the Company received a notice of claim from Tomer Maharshak & Co., Israel, the Company's former attorneys, for legal fees allegedly owed by the Company and its wholly owned Israeli subsidiary, Emerald Medical Applications Ltd. The Company has recorded an accrued liability in the amount of $118,430 at September 30, 2015, which represents 80% of the claim, in reliance upon the advice of its current law firm in Israel. On December 12, 2015 and December 23, 2015 the litigation was settled for cash payment and the Company recorded neither a gain nor a loss on the settlement. There are currently no ongoing litigations against the company.