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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUES        
Royalty Revenue $ 392,279 $ 166,405 $ 614,267 $ 370,758
Total Revenue 392,279 166,405 614,267 370,758
EXPENSES        
General and Administrative Expenses 125,266 117,545 316,891 234,334
INCOME FROM OPERATIONS 267,013 48,860 297,376 136,424
OTHER INCOME/(EXPENSE)        
Interest Income/(Expense), net (63) (420) (220) (921)
Settlement 0 33,274 0 97,161
TOTAL OTHER INCOME/(EXPENSE) (63) 32,854 (220) 96,240
NET INCOME BEFORE INCOME TAXES 266,950 81,714 297,156 232,664
PROVISION FOR INCOME TAXES 0 0 0 0
NET INCOME $ 266,950 $ 81,714 $ 297,156 $ 232,664
NET INCOME PER SHARE-Basic and Diluted (in dollars per share) $ 0.002 $ 0.000 $ 0.002 $ 0.001
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic and Diluted (in shares) 165,186,144 165,186,124 165,186,144 165,186,124