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Concentrations
12 Months Ended
Dec. 31, 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 December 31, 2016 and December 31, 2015.

 

Concentration of revenue and accounts payable as of December 31, 2016 and December 31, 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. As of December 31, 2016 the Company has a trade payable to Guardian LLC of approximately $660,132.