XML 28 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Concentrations
9 Months Ended
Sep. 30, 2016
Risks and Uncertainties [Abstract]  
Concentrations

Note 12 – Concentrations

 

Concentration of Credit Risk

 

Financial instruments, which potentially subject the Company to a concentration of credit risk, consist principally of temporary cash investments.

 

There have been no losses in these accounts through September 30, 2016 and December 31, 2015.

 

Concentration of revenue and accounts payable as of September 30, 2016 and September 30, 2015, the Company has one customer, which counts 100% of its revenue. Per the terms of the JV with the LLC, the LLC has committed to fund all Company’s needs, as well as needs of the JV. Failure of the LLC to provide the Company or the JV with said funding would represent a significant Credit Risk.