Significant Accounting Policies: License Agreement Policy (Policies)

6 Months Ended

Jun. 30, 2020

Policies

License Agreement Policy

License Agreement

The cost of the license agreement (see Note 3) is being amortized on a straight-line basis over ten years. The license agreement is tested annually for impairment or earlier if an indication of impairment exists. The Company believes that the license agreement has not been impaired.