M. SUBSEQUENT EVENT
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9 Months Ended |
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Sep. 30, 2013
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Subsequent Events [Abstract] | |
NOTE M - SUBSEQUENT EVENT |
On October 7, 2013 the Company entered into a commercial office lease agreement. The 87 month lease, anticipated to begin December 1, 2013 or the day following the date of substantial completion of the renovations, whichever is later, provides for the lease by the Company of approximately 6,362 square feet of office space in Waukesha, Wisconsin. The initial base rent is approximately $6,097 per month and the total minimum rental commitment under this lease is anticipated to be approximately $627,956. |
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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. No definition available.
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