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Subsequent Events
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3 Months Ended |
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Mar. 31, 2015
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| Notes to Financial Statements | |
| Note 11 - Subsequent Events |
On April 8, 2015 the Company entered into a 5 year lease to purchase three Tecan machines (automated liquid handling robots) for a total sum of $597,518 (€550,454). The lease stipulates an initial instalment of $179,255 (€165,136) and 59 payments thereafter of $7,404 (€6,821), with a final payment of $5,976 (€5,505) to purchase the machines. (All figures exclude local value added taxes). |
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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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- Details
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