Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT EVENTS

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SIGNIFICANT EVENTS
9 Months Ended
Sep. 30, 2013
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.