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Subsequent Events
9 Months Ended
Sep. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events

Note 14: Subsequent Events

 

As part of the Company’s objectives to achieve its commercial goals and increase stockholder value, the Company has initiated the sale of underutilized assets.

 

The Company entered into a sale agreement on September, 11, 2017 for the sale of its property located at 5 Jules Lane, New Brunswick, New Jersey for $1,050,000. This transaction is expected to close within two weeks. The Company has recorded this property as an asset held for sale.

 

The Company has also completed the process for the sale of its 2016 New Jersey Net Operating Loss. The Company expects to collect $820,000 when this sale is completed.