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SUBSEQUENT EVENTS
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12 Months Ended |
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Dec. 31, 2014
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| Notes to Financial Statements | |
| SUBSEQUENT EVENTS |
On February 10, 2015, the Company entered into an agreement with ThinkFire Services USA, Ltd. (“ThinkFire”) pursuant to which the master services agreement, dated November 30, 2004 (the “Agreement”) between the parties (see Note H[4]) was terminated in consideration of the Company’s payment to ThinkFire of $285,000, and the Company has no further obligations to ThinkFire under the Agreement. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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