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Subsequent Events

6 Months Ended

Jun. 30, 2014

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 5 – Subsequent Events

The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and determined there are no items to disclose, other than those items noted below.

During July 2014, the Company issued an aggregate of  6,000,000 shares of common stock to three new employees valued at $0.129 per share or $774,000. Twenty-five percent of each employee’s shares vested immediately upon the grant date and 25% of such shares will vest on each of the first, second and third annual anniversary of each employee’s start date, provided that such employee remains in the Company’s continuous employ through such vesting date.

The Company is in the process of purchasing a state-of-the-art 3D metal printer for $724,000. The Company expects that the transaction will be completed during the fourth quarter of 2014.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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