Annual report pursuant to Section 13 and 15(d)

Note 6 - Intangibles

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Note 6 - Intangibles
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]
Note 6:      Intangibles

Intangible assets consisted of the following:

   
December 31, 2014
 
       
Reacquired franchise rights
  $ 81,000  
Customer relationships
    72,000  
Total intangible assets
  $ 153,000  

All intangible assets relate to the acquisition that occurred on December 31, 2014 and, accordingly, there is no amortization expense for the year ended December 31, 2014.

Estimated amortization expense for 2015 and subsequent years is as follows:

2015
  $ 47,571  
2016
    47,571  
2017
    11,571  
2018
    11,571  
2019
    11,571  
Thereafter
    23,143  
Total
  $ 153,000