Subsequent Events
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9 Months Ended | 12 Months Ended |
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Sep. 30, 2013
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Dec. 31, 2012
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Subsequent Events [Abstract] | ||
Subsequent events |
Note 8 – Subsequent Events
Management has evaluated subsequent events and has concluded no events warrant disclosure.
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Note 13 – Subsequent Events
In February 28, 2013, the Company entered into a Separation and Settlement Agreement with its former CEO, Jack Talley. Pursuant to the agreement, the Company will pay Mr. Talley in 2 equal installments the aggregate amount of $250,000 and a performance bonus of $60,000 for his service from August 15, 2012 to December 31, 2012. The $60,000 bonus was included in the accounts payable and accrued liabilities on the Company’s balance sheet at December 31, 2012.
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