7. COMMITMENTS (Details Narrative) (USD $)
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9 Months Ended |
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Sep. 30, 2014
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Commitments and Contingencies Disclosure [Abstract] | |
Purchase commitment description | Contract for the growth and processing of 2,600 kilograms of prodct being delivered and scheduled to be delivered through August 31, 2015. |
Purchase commitment, value | $ 6,900,000 |
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- Details
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- Definition
Amount of contractual obligation, including but not limited to, long-term debt, capital lease obligations, operating lease obligations, purchase obligations, and other commitments. No definition available.
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- Definition
Describes the terms of a significant arrangement with a supplier (excluding an unconditional purchase obligation) to acquire goods or services over a period of time beyond one year or the normal operating cycle, if longer, which may include identification of the goods or services to be purchased, pricing, effects on pricing of failing to reach minimum quantities required to be purchased, cancellation rights, and termination provisions. No definition available.
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