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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES        
Royalty Revenue $ 193,393 $ 242,606 $ 398,218 $ 479,344
Initiation Fee 3,500 3,000 6,500 5,333
Total Revenue 196,893 245,606 404,718 484,677
EXPENSES        
General and Administrative Expenses 302,083 308,421 681,227 643,684
LOSS FROM OPERATIONS (105,190) (62,815) (276,509) (159,007)
OTHER INCOME/(EXPENSE)        
Interest Income/(Expense), net 695 (161) 2,545 (348)
Other Income 45,140 0 161,654 0
TOTAL OTHER INCOME/(EXPENSE) 45,835 (161) 164,199 (348)
NET LOSS BEFORE INCOME TAXES (59,355) (62,976) (112,310) (159,355)
INCOME TAXES 0 128 0 9,339
INCOME TAXES, refund (16,150) 0 (16,150) 0
NET LOSS $ (43,205) $ (63,104) $ (96,160) $ (168,694)
NET INCOME(LOSS) PER SHARE-Basic and Diluted $ (0.000) $ (0.000) $ (0.001) $ (0.001)
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic and Diluted 165,186,144 165,186,144 165,186,144 165,186,144