Quarterly report pursuant to Section 13 or 15(d)

5. License Agreement (Details Narrative)

v3.7.0.1
5. License Agreement (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2017
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2009
Estimated useful life of patents   17 years      
Amortization expense charged to cost and expenses   $ 1,470 $ 1,471    
Estimated amortization cost for each of the next five years   5,900      
License maintenance fees, monthly   $ 25,000      
Running royalties description  

The running royalties are $100 per one megawatt of electronic nameplate capacity and $100 per three megawatt per hour for the application to thermal systems to which licensed products or licensed processes are sold by the Company, associate and sublicensees.

     
Sublicense income payment description   The Company is required to pay EERCF 35% of all sublicense income received by the Company, excluding royalties on sales by sublicensees. Sublicense income is payable by the Company within 30 day after the end of each calendar year to the licensor. This requirement ends at the time the Company pays for the assignment of the patents.      
Term of running royalties   30 days      
Term of sublicense income   30 days      
EERCF [Member]          
Royalty expense $ 722,380     $ 722,380  
License costs         $ 100,000
Issue of shares         925,000
Payable at option         $ 2,500,000
EERCF [Member] | On April 24, 2017 [Member]          
Issue of shares   925,000      
Payable at option   $ 2,500,000