Annual report pursuant to Section 13 and 15(d)

REVENUE FROM PROFESSIONAL LIABILITY SETTLEMENT

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REVENUE FROM PROFESSIONAL LIABILITY SETTLEMENT
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
NOTE K – REVENUE FROM PROFESSIONAL LIABILITY SETTLEMENT

On April 22, 2016, Mirror Worlds Technologies, LLC ("MWT"), the Company's wholly-owned subsidiary, entered into an agreement pursuant to which it received $17,500,000 in connection with the settlement of a professional liability claim relating to services rendered in 2008-2010.  The Company, through MWT, acquired the claim in May 2013 as part of its acquisition of the Mirror Worlds Patent Portfolio.