Annual report pursuant to Section 13 and 15(d)

NOTE 9. COMMITMENTS AND CONTINGENCIES (Tables)

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NOTE 9. COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2015
Note 9. Commitments And Contingencies Tables  
Schedule of future minimum annual payments

As of December 31, 2015, future minimum annual payments under operating lease agreements for years ending December 31 are as follows.

 

    2016     2017     2018     2019     2020     Total  
                                     
Operating leases     49,200       49,200       49,200       24,600       -       172,200  
    $ 49,200     $ 49,200     $ 49,200     $ 24,600     $ -     $ 172,200