Commitment and Contingencies (Details) - USD ($) |
Jan. 17, 2017 |
Dec. 16, 2011 |
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Employment Agreement Details | ||
Annual base salary | $ 240,000 | |
Percent of Company's revenue that Mr. Dahl entitled to receive as monthy bonus compensation | 2.00% | |
Exercise price per share warrants entitled | $ 0.25 | |
Warrant for shares upon identification of bio-active agents | 500,000 | |
Warrant for shares to be issued upon upon entering into a business contract | 500,000 | |
Receives in cash payments | $ 500,000 | |
Warrant for shares upon the Company entering into a co-development agreement | 1,000,000 | |
Partner provides atleast in cash or in-kind outlays | $ 2,000,000 | |
Warrant for shares upon the Company entering into a co-development agreement | 1,000,000 | |
Warrant for shares upon upon the Company entering into a pharmaceutical development agreement | 1,000,000 | |
Issue shares of its common stock | 1,875,000 | |
Professional Fees and Consulting Expenses | $ 131,250 | |
Company could potentially be required to obligated to pay an M&A transaction fee | 8.00% |
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- Definition Annual base salary No definition available.
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- Definition Company could potentially be required to obligated to pay an M&A transaction fee No definition available.
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- References No definition available.
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- Definition Exercise price per share warrants entitled No definition available.
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- Definition Issue shares of its common stock No definition available.
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- Definition Partner provides atleast in cash or in-kind outlays No definition available.
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- Definition Percent of Company's revenue that Mr. Dahl entitled to receive as monthy bonus compensation No definition available.
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- Definition Professional Fees and Consulting Expenses No definition available.
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- Definition Receives in cash payments No definition available.
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- Definition Warrant for shares to be issued upon upon entering into a business contract No definition available.
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- Definition Warrant for shares upon identification of bio-active agents No definition available.
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- Definition Warrant for shares upon the Company entering into a co-development agreement No definition available.
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- Definition Warrant for shares upon the Company entering into a co-development agreement No definition available.
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- Definition Warrant for shares upon upon the Company entering into a pharmaceutical development agreement No definition available.
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