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EXCEL - IDEA: XBRL DOCUMENT - Entia Biosciences, Inc.Financial_Report.xls
10-Q - ERGO 10-Q 09/30/12 - Entia Biosciences, Inc.ergo10q_093012apg.htm
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v2.4.0.6
NOTE 6 - CAPITAL LEASE
9 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
NOTE 6 - CAPITAL LEASE

NOTE 6 – CAPITAL LEASE

 

In April 2012, we entered into a capital lease agreement totaling $7,021 for the lease of an encapsulating machine used to encapsulate our powdered product. The lease is payable over 30 months interest free.

 

The following is a schedule by years of future minimum lease payments under capital leases.

 

Years ending December 31:  
2012    $            702
2013    $         2,808
2014    $         1,871
Total minimum lease payments    $         5,381