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Commitment and Contingencies
 3 Months Ended
Mar. 31, 2012
Commitment and Contingencies  
Commitments and Contingencies Disclosure [Text Block]

8.  Commitments and Contingencies

 

Operating Rental Leases

 

On October 14, 2009 we entered into a 5 year lease with Bernard family trust, with a commencement date of December 31, 2009.  The facility is approximately 23,000 square feet and is located at 17475 Gillette Avenue, Irvine CA, 92614.  Subsequently on March 28, 2011, we signed an amendment to our facility lease with an increase of 1,600 square feet. The increase in the lease commenced on April 1, 2011 and continues through year five.  The amended lease has the following payments:

 

 

Original Lease

Amended lease

Year

Monthly Rent

Monthly Rent

1

$7,880

$7,880

2

$9,850

$10,650

3

$10,835

$11,715

4

$11,820

$12,780

5

$12,805

$13,845

 

Litigation

 

We are not presently subject to any material litigation nor, to our knowledge, is any material litigation threatened against us, which if determined unfavorably to us, would have a material adverse effect on our financial position, results of operations or cash flows.