XML 33 R10.htm IDEA: XBRL DOCUMENT v2.4.1.9
LEASES
3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Note 4 - LEASES

The Company conducts its operations from an office located in Chicago, Illinois for which we paid rent of approximately $307 per month through November 2013. In December 2013 we moved our office to another location in Chicago Illinois. Beginning in February 2014, we paid rent of approximately $709 per month for our office. Rent expense for the quarters ended March 31, 2015 and March 31, 2014 was $2,906 and $2,906, 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 quarters ended March 31, 2015 and March 31, 2014 was $330 and $330, 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 quarters ended March 31, 2015 and March 31, 2014 was €12,975 ($14,640) and $0, respectively.