SIGNIFICANT EVENTS
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9 Months Ended |
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Sep. 30, 2013
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Notes to Financial Statements | |
SIGNIFICANT EVENTS |
NOTE 10 SIGNIFICANT EVENTS
During the nine months ended September 30, 2013, the Company entered into eight new licensing agreements with various third parties. Each agreement provides the Company with the exclusive rights to market and sell a new product. Each agreement is for an initial two year term with automatic one year renewals if the terms of the agreement are met. Terms require the Company to meet minimum number of units sold and/or royalty payments.
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