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Concentrations
6 Months Ended
Jun. 30, 2017
Risks and Uncertainties [Abstract]  
Concentrations

Note 13 – 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 June 30, 2017 and 2016.

 

Concentration of revenue and accounts payable as of June 30, 2017 and 2016, 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. As the LLC entered a Lock-Up Leak-Out agreement with the Company, the parties are in negotiations to reinstate it. Refusal of the LLC to provide the Company or the JV with that funding would represent a significant Credit Risk.