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FORGIVENESS OF PAYABLES
12 Months Ended
Dec. 31, 2015
Forgiveness Of Payables  
FORGIVENESS OF PAYABLES

9. FORGIVENESS OF PAYABLES


In connection with the September 11, 2014 transaction described above, certain former directors forgave liabilities due to them related to accrued director fees. The amount totaled $43,919 and was recorded in equity due to the nature of the relationship between the directors and the Company.