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Significant Accounting Policies: License Agreement Policy (Policies)
12 Months Ended
Dec. 31, 2016
Policies  
License Agreement Policy

License Agreement

 

The cost of the License Agreement (see Note 4) is being amortized on a straight-line basis over 20 years.  The License Agreement is reflected in the accompanying December 31, 2016 balance sheet net of accumulated amortization.  The license agreement is tested annually for impairment or earlier if an indication of impairment exists.  The Company believes that the license agreement is not impaired at December 31, 2016.