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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
REVENUES    
Royalty Revenue $ 1,180,064 $ 835,240
Initiation Fee 1,500 0
Total Revenue 1,181,564 835,240
EXPENSES    
General and Administrative Expenses 1,050,196 481,178
INCOME FROM OPERATIONS 131,368 354,062
OTHER INCOME/(EXPENSE)    
Interest Income/(Expense), net 1,869 (1,075)
Settlement 0 97,161
TOTAL OTHER INCOME/(EXPENSE) 1,869 96,086
NET INCOME BEFORE INCOME TAXES 133,237 450,148
PROVISION FOR INCOME TAXES 49,400 0
NET INCOME $ 83,837 $ 450,148
NET INCOME PER SHARE-Basic and Diluted (in dollars per share) $ 0.001 $ 0.003
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic and Diluted (in shares) 165,186,144 165,186,144