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COMMITMENTS
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Jun. 30, 2013
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| COMMITMENTS [Abstract] | |||||||||||||||||||||||||||||||
| COMMITMENTS |
NOTE 5 - COMMITMENTS
The Company has leased a laboratory facility in Gainesville, Florida which was renewed on March 11, 2013. Rent expense for the years ended June 30, 2013 and 2012 was $27,348 and $27,380, respectively.
The following is a schedule of minimum future payments on the operating lease as of June 30, 2013:
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- Details
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- Definition
The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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