COMMITMENTS AND CONTINGENCIES | 9 Months Ended |
|---|---|
Sep. 30, 2011 | |
| COMMITMENTS AND CONTINGENCIES |
NOTE 3—COMMITMENTS AND CONTINGENCIES
The asset
purchase agreement with Select Video dated March 10, 2006, provides
that when the Company receives any revenue generated by
Winner’s Pot Poker and other similar games, Select Video will
be entitled to receive an amount equal to five percent (5%) of all
gross proceeds generated by these games.
As
of both September 30, 2011 and December 31, 2010, $270 was owed to
Select Video under this agreement.
|