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Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Fee income	$ 488,336	$ 304,772	$ 1,229,631	$ 958,337
Operating expenses	607,291	624,080	2,380,328	2,676,178
Research and development	185,296	246,755	598,638	1,160,544
Total Expenses	792,587	870,835	2,978,966	3,836,722
Operating loss	(304,251)	(566,063)	(1,749,335)	(2,878,385)
Net investment income	1,113	6,332	3,830	25,203
Net loss	$ (303,138)	$ (559,731)	$ (1,745,505)	$ (2,853,182)
Basic and diluted net loss per common share	$ (0.01)	$ (0.02)	$ (0.07)	$ (0.12)
Weighted average number of common shares outstanding	24,043,846	24,043,846	24,043,846	24,043,846

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.

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The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

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