Annual report pursuant to section 13 and 15(d)

Note 2 - License Agreements (Details Narrative)

v2.4.0.6
Note 2 - License Agreements (Details Narrative) (USD $)
18 Months Ended 24 Months Ended 36 Months Ended
Mar. 01, 2013
Mar. 01, 2017
Mar. 01, 2015
Nov. 11, 2014
Nov. 11, 2012
Oct. 14, 2012
Jan. 27, 2012
Oct. 18, 2011
Oct. 17, 2011
Aug. 31, 2011
P3D Agreement                    
Minimum license agreement term (in years)                   21 years
Renewal term if not cancelled by either party 90 days in advance of expiration                   1 year
Minimum required cancellation notification required before expiration date to extend license a year                   90 days
Interest in outstanding common stock of IPR that P3D retained                 9.90%  
Bridge funding received               $ 150,000    
License Fee payment paid to IPR after receipt of bridge funding               10,000    
Total license fee to be paid by IPR                   1,000,000
Distributer or sub licenser payment distribution ratio between IPR and ACSC                   1
Fee due after initial equity funding                   90,000
Fee payment due within 6 months of equity funding                   150,000
Fee payment due within 12 months of equity funding                   250,000
Final Fee payment due within 18 months of equity funding                   500,000
Minimum percent of non-bridge loan funding to pay down $1,000,000 in first 1.5 years 10.00%                  
Minimum percentage applies on excess funding over certain amount 2,000,000                  
Period that minimum percent is applied to                   1 year 6 months
Simple interest rate on unpaid balance of license fee commencing on date of first $10,000 payment                   6.00%
Period in which license payment is due in full upon change of control of IPR (days)                   5 days
Royalty percent payment due from IPR's quarterly profits from P3D technology in Europe                   25.00%
Termination right if royalties after the $150,000 funding do not meet a minimum amount   500,000 500,000              
Gain from termination of agreement           96,347        
CPaiR Agreement                    
Minimum license agreement term (in years)         21 years          
Renewal term if not cancelled by either party 90 days in advance of expiration         1 year          
Minimum required cancellation notification required before expiration date to extend license a year         90 days          
Minimum payment to CPaiR to avoid termination       1,000,000            
Period for which the license agreement must be paid in         3 years          
Royalties of sublease agreement paid percentage         20.00%          
Payment of upfront license fee for CPaiR technology         20.00%          
Percentage of gross revenues paid without subleasing         10.00%          
Quarterly revenue paid to CPaiR         20.00%          
ACSC Agreement                    
Upfront license fee paid to ACSC             $ 0      
License agreement term (in years)             1 year      
Renewal term if not cancelled by either party 90 days in advance of expiration             1 year      
Percent of quarterly gross revenue owed by distributor or sub-licensee             25.00%      
Gross revenue split ratio between IPR and ACSC             1      
Percent of upfront license fee paid to ACSC             50.00%