Secured Lines of Credit	6 Months Ended
Jun. 30, 2016
Line of Credit Facility [Abstract]
Secured Lines of Credit	4. Secured Lines of Credit MB Financial Credit and Security Agreement The borrowings under the Credit and Security Agreement are collateralized, with recourse, by MBC’s and Releta’s trade receivables and inventory located in the US. This facility carried interest (including default interest) at the Wall Street Journal prime rate plus 3% (effective July 22, 2016, at the Wall Street Journal prime rate plus 6%) and is secured by substantially all of the assets of Releta and MBC. The amount outstanding on this line of credit as of June 30, 2016 was approximately $680,400. Included in the Company’s balance sheet as at June 30, 2016 are account balances totaling $1,321,700 of accounts receivable and $1,307,900 of inventory collateralized to Lender under this facility. The Credit and Security Agreement expires on September 21, 2016. RBS Facility On April 26, 2005, RBS provided an approximately $2.8 million (£1,750,000) invoice discounting facility to KBEL based on 80% prepayment against qualified accounts receivable related to KBEL’s UK customers. The initial term of the facility was one year, after which time the facility could be terminated by either party upon six months’ notice. The facility carried an interest rate of 1.38% above the RBS base rate and a service charge of 0.10% of each invoice discounted. The amount outstanding on this line of credit as of June 30, 2016 was approximately $727,700. Included in the Company’s balance sheet at June 30, 2016 are account balances totaling $1,889,900 of accounts receivable collateralized to RBS under this facility. On July 20, 2016, KBEL used the proceeds from the Invoice Discounting Facility provided by Santander to repay the entire amount owed on the RBS invoice discounting facility.

Secured Lines of Credit

6 Months Ended

Jun. 30, 2016

4. Secured Lines of Credit

MB Financial Credit and Security Agreement

The borrowings under the Credit and Security Agreement are collateralized, with recourse, by MBC’s and Releta’s trade receivables and inventory located in the US. This facility carried interest (including default interest) at the Wall Street Journal prime rate plus 3% (effective July 22, 2016, at the Wall Street Journal prime rate plus 6%) and is secured by substantially all of the assets of Releta and MBC. The amount outstanding on this line of credit as of June 30, 2016 was approximately $680,400. Included in the Company’s balance sheet as at June 30, 2016 are account balances totaling $1,321,700 of accounts receivable and $1,307,900 of inventory collateralized to Lender under this facility. The Credit and Security Agreement expires on September 21, 2016.

RBS Facility

On April 26, 2005, RBS provided an approximately $2.8 million (£1,750,000) invoice discounting facility to KBEL based on 80% prepayment against qualified accounts receivable related to KBEL’s UK customers. The initial term of the facility was one year, after which time the facility could be terminated by either party upon six months’ notice. The facility carried an interest rate of 1.38% above the RBS base rate and a service charge of 0.10% of each invoice discounted. The amount outstanding on this line of credit as of June 30, 2016 was approximately $727,700. Included in the Company’s balance sheet at June 30, 2016 are account balances totaling $1,889,900 of accounts receivable collateralized to RBS under this facility.

On July 20, 2016, KBEL used the proceeds from the Invoice Discounting Facility provided by Santander to repay the entire amount owed on the RBS invoice discounting facility.