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Revenue Participation Rights (Tables)

3 Months Ended

Mar. 31, 2014

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Participating Revenue Rights

The Company’s participating revenue rights consisted of the following at March 31, 2014 and December 31, 2013:

		March 31, 2014				December 31, 2013
“Cambridge” project		$	825,000			$	825,000
“Republic” (now “Seattle”) project			62,500				62,500
Galt Resources, LLC (HMS Victory)			3,756,250				3,756,250
Total participating revenue rights		$	4,643,750			$	4,643,750

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Schedule of revenue participation rights.

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