Note 9 - Patents |
6 Months Ended |
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Jun. 30, 2015 | |
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| Intangible Assets Disclosure [Text Block] |
Note 9 – Patents
In June of 2009, concurrent with the Company’s incorporation, one of its officers and directors, agreed to transfer all rights, title and interest in the patent he held for a personal security device. The cost of the patent is being amortized over the 20-year life of the patent.
The Company hired a patent attorney specializing in products for the security industry to assist in filing additional utility and technology patents for its new enhanced non-lethal products. As of June 30, 2015, the costs paid to this attorney for the filings, drawings, and research totaled $23,735. These costs have been capitalized and are being amortized over a 15-year life.
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- References No definition available.
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- Definition The entire disclosure for all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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