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LEASES
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Note 7 - LEASES

The Company conducts its operations from facilities located in Chicago, Illinois for which we paid approximately $307 per month through November, 2013. In December 2013, we moved our operations to another location in Chicago, Illinois and entered into a 24 month lease expiring in November 2015. Beginning in February 2014, we paid approximately $709 per month for our office. Rent expense for the years ended December 31, 2014 and 2013, was $11,292 and $1,906, respectively.

 

The offices of Amplerissimo are located in Cyprus for which we paid approximately $110 per month under a one year lease which expired in July 2013 and was renewed through July 2015. Rent expense for the years ended December 31, 2014 and December 31, 2013 was $1,320 and $1,320, respectively.

 

The offices of SkyPharm are located in Greece for which we paid approximately €4,325 ($5,405) per month under a six year lease commencing September 2014. Rent expense for the year ended December 31, 2014 was €15,417 ($19,267).