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Note 13. Subsequent Events
6 Months Ended
Jun. 30, 2015
Notes  
Note 13. Subsequent Events

Note 13.          Subsequent Events

 

            Effective July 14, 2015, the Company executed a Public Relations Agreement with Financial Genetics, LLC, for a one year term.  For its services, the Company issued Financial Genetics 100,000 shares of the Company’s unregistered common stock.  To reflect the entire value of the Agreement, the Company will record a non-cash charge to earnings of $100,000 ratably through July 14, 2016, the ending date of the agreement.

 

            In July and August 2015, the Company notified Strategic Asset Management, Inc. and Global IR Group, Inc., that each of their consulting agreements with the Company had been terminated early.  As a result, the Company accelerated the unamortized cost of these agreements of approximately $121,000 into the second quarter of 2015, and recorded a non-cash charge to earnings.