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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2017
SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS | NOTE 10. SUBSEQUENT EVENTS On February 21, 2018, we entered into a ten-year lease agreement for a 77,000 square foot manufacturing facility in Nuevo Leon, Mexico which will commence on or about September 15, 2018. The Lease Agreement provides for monthly rent payments of approximately $43,000. This facility will replace the Monterrey, Mexico facility lease which expires December 31, 2019. On February 22, 2018, the Company entered into a Consulting Agreement with Crosscourt Group, LLC, a limited liability company owned and managed by William Murray, an independent director of the Company. The term of the Consulting Agreement is three months. Under the Consulting Agreement, Mr. Murray will receive $250 per hour for performing consulting services with a maximum daily fee of $2,000.

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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. + References No definition available. + Details
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