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COMMITMENTS AND CONTINGENCIES (Details Narrative) (Chief Executive Officer and Chairman Avery, USD $)
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0 Months Ended | |
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Jan. 22, 2014
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Jan. 21, 2014
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Chief Executive Officer and Chairman Avery
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| Monthly salary | $ 30,000 | |
| Monthly salary if conditions met | $ 40,000 | |
| Cash bonus, minimum | 80.00% | |
| Cash bonus, maximum | 120.00% | |
| Percentage of Plan shares authorized to purchase | 7.50% | |
| Vesting terms | (i) 10% immediately on January 21, 2014, (ii) 45% on January 21, 2015 and (iii) the remaining 45% on January 21, 2016. |
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No authoritative reference available. No definition available.
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Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Expenditures for salaries other than officers. Does not include allocated share-based compensation, pension and post-retirement benefit expense or other labor-related non-salary expense. For commercial and industrial companies, excludes any direct and overhead labor that is included in cost of goods sold. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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