CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended	9 Months Ended
Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
REVENUES
Royalty Revenue	$ 266,625	$ 250,466	$ 745,969	$ 864,733
Initiation Fee	11,667	0	17,000	0
Total Revenue	278,292	250,466	762,969	864,733
EXPENSES
General and Administrative Expenses	300,631	125,867	944,315	442,758
INCOME(LOSS) FROM OPERATIONS	(22,339)	124,599	(181,346)	421,975
OTHER INCOME/(EXPENSE)
Interest Income/(Expense), net	(138)	1,526	(486)	1,306
TOTAL OTHER INCOME/(EXPENSE)	(138)	1,526	(486)	1,306
NET INCOME(LOSS) BEFORE INCOME TAXES	(22,477)	126,125	(181,832)	423,281
INCOME TAXES	0	76,566	9,339	76,566
NET INCOME(LOSS)	$ (22,477)	$ 49,559	$ (191,171)	$ 346,715
NET INCOME(LOSS) PER SHARE-Basic and Diluted	$ (0.000)	$ 0.000	$ (0.001)	$ 0.002
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic and Diluted	165,186,144	165,186,144	165,186,144	165,186,144

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

No definition available.