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14. SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
NOTE 14. SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the date the financial statements were issued and up to the time of filing of the financial statements with the Securities and Exchange Commission.

 

On November 10, 2016, the Company entered into a restated manufacturing and development agreement with RG Group, Inc.  The agreement does not provide for any minimum purchase commitments and is for a term of 2 years with provisions to extend. The agreement also provides for a warranty against product defects for one year. (See Note 11.)