7. COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

7. COMMITMENTS AND CONTINGENCIES

Office lease – The Company has an operating lease for an office space that expires April 30, 2015. The monthly lease payment totals $14,121 per month. Lease payments plus common area maintenance fees for the year ended December 31, 2014 and 2013 totaled $155,756 and $67,400 respectively.

Data Center Lease – The Company leases space for its data center in Las Vegas, Nevada under a co-location agreement that has a term of 36 months ending July 2015. The agreement provides for lease payments of $1,314 per month, of which $495 relates to space and the remainder is for power and other services provided under the agreement.

Pending of threatened litigation – We may become involved in litigation from time to time in the ordinary course of business. However at December 31, 2014, to the best of our knowledge, no such litigation exists or is threatened.