Commitments and Contingencies |
3 Months Ended |
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Mar. 31, 2016 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies |
11. Commitments and Contingencies
Purchase commitment
The Company issued a purchase order on September 18, 2015 to purchase equipment to be installed in the recycling plant being built in Nevada. An initial payment of $3,052,635 was made in September 2015 and recorded as equipment deposits on the condensed consolidated balance sheet. The balance due upon delivery and commission of the equipment is $3,052,635. Delivery and commission is not expected until the second quarter of 2016. |
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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