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Note 2 - Commitments and Contingencies
6 Months Ended
Jun. 30, 2013
Notes  
Note 2 - Commitments and Contingencies

NOTE 2 – COMMITMENTS AND CONTINGENCIES

 

As part of our notes payable agreement, the lending parties are entitled to royalty payments per the terms of each agreement.  These royalties are based upon the contract between the wholly owned subsidiary, Ensurge Brasil, LTDA, and the mine owner in Brazil.  However, this contract has currently expired and the Company feels there is no further obligation or liabilities to either the mine owner or the note holders for these royalties.