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Notes Receivable
12 Months Ended
Dec. 31, 2012
Receivables [Abstract]  
Notes Receivable

Genomics USA, Inc.

 

In January 2007, the Company advanced $200,000 to GMS through an 8% promissory note due April 8, 2007 (the “GMS Note”). On September 24, 2012, the Company sent a final notice to GMS, demanding immediate payment in full of all amounts due under the terms of the GMS Note. GMS has made certain claims to avoid repayment of the GMS Note. The Company believes that all amounts due under the GMS Note are valid claims of the Company and therefore filed a Summary Judgement in Lieu of Complaint against GUSA on April 8, 2013 to collect all principal and interest amounts due under the GMS Note.